Total Cost of Ownership: Three Cars per Month and per Kilometre
This lesson is part of the course
In this lesson
You combine depreciation, financing and running costs into the total cost of ownership of each car over five years, then express it per month and per kilometre to see which car is really cheapest for Nadia.
Buy the course once for $9.99 to unlock every lesson and lab, the final exam and the certificate – lifetime access, no subscription.
Lessons in this course
- Depreciation by Age: The Value Curve and Resale at Your Holding Period Locked
- The Car Loan: Monthly Payment, Total Interest and the Amortisation Schedule Locked
- How a Lease Payment Is Built: Residual, Money Factor and Excess Kilometres Locked
- Cash, Loan or Lease? Comparing Net Cost with the Opportunity Cost of Money Locked
- Running Costs: Energy per 100 km, Insurance, Tax, Tyres and Service Locked
- Total Cost of Ownership: Three Cars per Month and per Kilometre Locked
- Break-Even Kilometres: When Does the Efficient Car Pay Off? Locked
- Capstone: Keep the Old Car or Replace It Now? Locked