Glossary / General

total cost of ownership

23 Episode Mentions
Too Afraid to Ask

Total cost of ownership is the full amount you’ll spend on a car, from buying it to keeping it running, like gas, repairs, insurance, and how much its value goes down.

Technical Definition

Total cost of ownership (TCO) refers to the complete expense of owning and operating a vehicle over its lifetime, including purchase price, fuel, maintenance, insurance, taxes, depreciation, and any other related costs.

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