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TCO

From the picture posted above, I'm trying to figure out how the TCO is being computed. The efficiency is the MPG, for which I believe is a hybrid car.

14275 / 56 = 254.9107142857142857

14275 / 56 * 2.82 = 718.8482142857142857 I get that it's $718.84 for gas / whole year but still not sure how to get the TCO

Thanks in advance.

  • @HenningMakholm that's what I'm saying, this was for a programming assignment though the example the professor handed didn't have any formula etc haha – tameer Sep 8 '18 at 18:29
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The numbers check out, if they're supposed to be the purchase price of the car, plus 5 years worth of gas, minus the resale value.

25,956 + 5 x 718 - 10,744 = 18,802

They yearly cost of ownership would be one fifth of those $18.8 K.

However, this doesn't take into account the cost of insuring the car, the cost of the maintenance the car will need to keep running for 5 years, or the cost of any road tolls or car ownership taxes that apply in your location. So it's not, by far, a total cost of ownership.

  • is there a specific reason you're using decimals for the prices, otherwise I'll take it 😅 – tameer Sep 8 '18 at 18:40
  • @tameer: I regressed to the thousand separators used in my native language. Now fixed. – Henning Makholm Sep 8 '18 at 18:44

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