Real example report: worked calculation, not a quotation

Toyota Corolla 2019

Make
Toyota
Model / derivative
Corolla
Year
2019
Fuel
Hybrid Electric
Engine
1.8L
CO2
76 g/km

Every example on this page uses the same standard scenario: 7,400 miles/year, 3-year ownership, finance purchase, so the figures are directly comparable across vehicles.

Total cost of ownership

Source data
Per month£499/mo
Per year£5,983/yr
Cost per mile£0.81/mile
3-year total£17,949calculated, not a source figure

Calculated as the report's annual ownership cost (£5983) x the 3-year ownership period. Not a figure printed in the source report.

Cost breakdown

Every category this report covers, largest first.

Depreciation£1,756/yr29%
Fuel / Energy£992/yr17%
Insurance£770/yr13%
Service & MOT£719/yr12%
Finance / Leasing£615/yr10%
Maintenance & Repairs£446/yr7%
Urban Costs (CC / ULEZ / Parking)£240/yr4%
VED / Road Tax£180/yr3%
Tyres£135/yr2%
Roadside Assistance£130/yr2%

Quick answers

What does it cost to own a Toyota Corolla 2019?

In this real 73 Auto example, total cost of ownership for this Toyota Corolla 2019 is £499/month (£5,983/year), based on 7,400 miles/year over a 3-year finance ownership scenario.

What are the running costs of a Toyota Corolla 2019?

Day-to-day running costs, including fuel / energy, insurance and service & mot and 5 other costs, total £3,612/year (£301/month) in this example, excluding depreciation and finance.

What is the road tax (VED) for a Toyota Corolla 2019?

VED (road tax) for this Toyota Corolla 2019 is £180/year in this example.

What is the depreciation on a Toyota Corolla 2019?

Depreciation accounts for £1,756/year (29% of the total cost) for this Toyota Corolla 2019 in this example.

What drives this cost

For this Toyota Corolla 2019, Depreciation is the largest ownership-cost category, making up 29% of the annual total (£1,756/year of £5,983/year). The next-largest category is Fuel / Energy, at 17% of the total. Depreciation and finance together make up 39% of the annual cost, while day-to-day running costs (fuel/energy, insurance, servicing, maintenance, tax, tyres and roadside assistance combined) make up 60%.

What this example is

This is a worked example for one specific vehicle under the stated assumptions, not a quotation or financial advice. A different registration, condition, location, driving pattern, insurance profile or finance agreement will produce a different result. See the methodology and data sources behind this figure.

For what these figures add up to and why, see what Total Cost of Ownership means and UK car running costs.

DieselReal example

Toyota RAV4 2017

£474/month

£5,691/year · £0.77/mile

£17,073 calculated 3-year total

Depreciation£1,449/yr25%
Fuel / Energy£1,084/yr19%
Service & MOT£769/yr14%
Insurance£660/yr12%
See the full example
Hybrid ElectricReal example

Mitsubishi Outlander 2016

£435/month

£5,219/year · £0.71/mile

£15,657 calculated 3-year total

Depreciation£1,260/yr24%
Fuel / Energy£1,093/yr21%
Service & MOT£769/yr15%
Insurance£660/yr13%
See the full example
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Porsche Cayenne 2022

£798/month

£9,582/year · £1.29/mile

£28,746 calculated 3-year total

Depreciation£3,477/yr36%
Finance / Leasing£1,549/yr16%
Fuel / Energy£1,416/yr15%
Insurance£1,100/yr11%
See the full example

Ownership cost comparisons