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Truck Ownership Cost Calculator

Estimate annual and per-mile truck ownership cost over a selected holding period, including depreciation, fixed expenses, fuel, and maintenance.

Inputs

Truck value and annual operating assumptions

Range: at least 0 $

Enter the truck cost whose value is being spread over this holding period. This is an economic cost estimate, not the tax basis or amount financed.

Range: at least 0 $

Use your own expected sale value at the end of the same holding period; no market value is assumed. A resale value above purchase cost produces a negative annualized purchase cost.

Range: at least 0.01 years

Use the same period for resale value and annual operating-cost assumptions. The minimum is a mathematical guard against division by zero.

Range: at least 0.01 mi/year

Include loaded and deadhead miles for the same truck. Used to annualize per-mile costs and calculate total cost per mile.

Range: at least 0 $/year

Enter annual insurance, registration, permits, and other fixed costs for this truck. Include financing interest only if desired; do not include loan principal or costs included in per-mile inputs.

Range: at least 0.01 US MPG

Use measured miles per U.S. gallon for the same truck and operating mix. No default fleet benchmark is assumed.

Range: at least 0 $/US gal

Enter the average price paid for diesel in the same planning basis. This is not a live price feed and does not model taxes separately.

Range: at least 0 $/total mi

Enter your observed or planned maintenance and tire cost per total truck mile. Avoid including these costs again in annual fixed costs.

Result

Annualized purchase cost after expected resale
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Estimated annual fuel cost
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Estimated annual maintenance and tire cost
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Estimated annual ownership and operating cost
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Estimated annual fuel and maintenance cost
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Annual fixed costs entered
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Fuel cost per total mile ($/mi)
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Estimated total ownership and operating cost per mile ($/mi)
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Estimated total cost over holding period
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Annualized cost formulas

Annualized purchase cost after expected resale
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Fuel cost per total mile ($/mi)
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Estimated annual fuel cost
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Estimated annual maintenance and tire cost
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Estimated annual ownership and operating cost
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Estimated total ownership and operating cost per mile ($/mi)
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Related calculators

Estimates depend on the inputs and assumptions shown on each tool. Verify important figures against your records, contracts, and current official requirements.