Used 2016 Chrysler 300 Cost to Own

Total 5-Year Ownership Costs

Near ZIP

300 Sedan

Limited 4dr Sedan AWD (3.6L 6cyl 8A)

True Cost to Own

$34,430*

Total Cash Price

$17,785

Anniversary Package 4dr Sedan (3.6L 6cyl 8A)

True Cost to Own

$37,839*

Total Cash Price

$19,546

Alloy 4dr Sedan AWD (3.6L 6cyl 8A)

True Cost to Own

$35,453*

Total Cash Price

$18,313

S 4dr Sedan AWD (3.6L 6cyl 8A)

True Cost to Own

$37,157*

Total Cash Price

$19,194

Alloy 4dr Sedan (3.6L 6cyl 8A)

True Cost to Own

$42,952*

Total Cash Price

$22,187

C 4dr Sedan AWD (3.6L 6cyl 8A)

True Cost to Own

$48,747*

Total Cash Price

$25,181

C 4dr Sedan (3.6L 6cyl 8A)

True Cost to Own

$39,202*

Total Cash Price

$20,250

C Platinum 4dr Sedan (3.6L 6cyl 8A)

True Cost to Own

$40,907*

Total Cash Price

$21,131

Limited 4dr Sedan (3.6L 6cyl 8A)

True Cost to Own

$34,089*

Total Cash Price

$17,609

Anniversary Package 4dr Sedan AWD (3.6L 6cyl 8A)

True Cost to Own

$34,771*

Total Cash Price

$17,961

C Platinum 4dr Sedan AWD (3.6L 6cyl 8A)

True Cost to Own

$44,997*

Total Cash Price

$23,244

S 4dr Sedan (3.6L 6cyl 8A)

True Cost to Own

$50,793*

Total Cash Price

$26,237

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan Limited 4dr Sedan AWD (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$843$869$895$921$949$4,477
Maintenance$1,750$594$1,039$164$2,370$5,918
Repairs$437$506$590$689$805$3,027
Taxes & Fees$978$46$46$46$46$1,164
Financing$956$770$569$357$129$2,781
Depreciation$3,903$1,711$1,506$1,335$1,198$9,653
Fuel$1,396$1,438$1,481$1,525$1,572$7,411
True Cost to Own®$10,264$5,934$6,126$5,037$7,070$34,430

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan Anniversary Package 4dr Sedan (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$927$955$983$1,012$1,043$4,921
Maintenance$1,924$653$1,142$180$2,605$6,503
Repairs$481$556$648$757$885$3,327
Taxes & Fees$1,074$51$51$51$51$1,279
Financing$1,051$846$625$392$142$3,056
Depreciation$4,289$1,880$1,655$1,467$1,316$10,608
Fuel$1,534$1,581$1,627$1,676$1,727$8,145
True Cost to Own®$11,280$6,521$6,732$5,536$7,770$37,839

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan Alloy 4dr Sedan AWD (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$868$894$921$948$978$4,610
Maintenance$1,802$612$1,070$168$2,441$6,093
Repairs$450$521$607$709$829$3,117
Taxes & Fees$1,007$48$48$48$48$1,198
Financing$985$792$586$367$133$2,863
Depreciation$4,019$1,762$1,551$1,375$1,233$9,939
Fuel$1,437$1,481$1,525$1,570$1,618$7,632
True Cost to Own®$10,568$6,110$6,308$5,186$7,280$35,453

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan S 4dr Sedan AWD (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$910$937$966$994$1,025$4,832
Maintenance$1,889$641$1,122$177$2,558$6,386
Repairs$472$546$637$743$869$3,267
Taxes & Fees$1,055$50$50$50$50$1,256
Financing$1,032$831$614$385$140$3,001
Depreciation$4,212$1,846$1,625$1,441$1,293$10,417
Fuel$1,506$1,552$1,598$1,646$1,696$7,998
True Cost to Own®$11,077$6,404$6,611$5,436$7,630$37,157

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan Alloy 4dr Sedan (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,052$1,084$1,116$1,149$1,184$5,586
Maintenance$2,184$741$1,297$204$2,957$7,382
Repairs$546$631$736$859$1,004$3,776
Taxes & Fees$1,220$58$58$58$58$1,452
Financing$1,193$960$709$445$161$3,469
Depreciation$4,869$2,134$1,879$1,666$1,494$12,042
Fuel$1,741$1,794$1,847$1,903$1,961$9,246
True Cost to Own®$12,804$7,403$7,642$6,284$8,820$42,952

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan C 4dr Sedan AWD (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,194$1,230$1,267$1,304$1,344$6,339
Maintenance$2,478$841$1,471$232$3,356$8,378
Repairs$619$716$835$975$1,140$4,286
Taxes & Fees$1,384$66$66$66$66$1,647
Financing$1,354$1,090$805$505$183$3,937
Depreciation$5,526$2,422$2,132$1,890$1,696$13,667
Fuel$1,976$2,036$2,096$2,159$2,225$10,493
True Cost to Own®$14,532$8,401$8,673$7,131$10,010$48,747

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan C 4dr Sedan (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$960$989$1,019$1,049$1,081$5,098
Maintenance$1,993$676$1,183$186$2,699$6,738
Repairs$498$576$672$784$917$3,447
Taxes & Fees$1,113$53$53$53$53$1,325
Financing$1,089$876$647$406$147$3,166
Depreciation$4,444$1,948$1,715$1,520$1,364$10,991
Fuel$1,589$1,638$1,686$1,736$1,789$8,439
True Cost to Own®$11,686$6,756$6,975$5,735$8,050$39,202

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan C Platinum 4dr Sedan (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,002$1,032$1,063$1,094$1,128$5,320
Maintenance$2,080$706$1,235$194$2,816$7,031
Repairs$520$601$701$818$956$3,596
Taxes & Fees$1,162$55$55$55$55$1,382
Financing$1,136$914$676$424$154$3,304
Depreciation$4,637$2,033$1,789$1,586$1,423$11,468
Fuel$1,658$1,709$1,759$1,812$1,867$8,806
True Cost to Own®$12,194$7,050$7,278$5,984$8,400$40,907
Ownership Costs: 5-Year Total

Depreciation

$9,557

Taxes & Fees

$1,152

Financing

$2,753

Fuel

$7,338

Insurance

$4,433

Repairs

$2,997

Maintenance

$5,859

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan Limited 4dr Sedan (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$835$860$886$912$940$4,433
Maintenance$1,733$588$1,029$162$2,347$5,859
Repairs$433$501$584$682$797$2,997
Taxes & Fees$968$46$46$46$46$1,152
Financing$947$762$563$353$128$2,753
Depreciation$3,864$1,694$1,491$1,322$1,186$9,557
Fuel$1,382$1,424$1,466$1,510$1,556$7,338
True Cost to Own®$10,162$5,875$6,065$4,987$7,000$34,089

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan Anniversary Package 4dr Sedan AWD (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$852$877$904$930$959$4,522
Maintenance$1,768$600$1,050$165$2,394$5,976
Repairs$442$511$596$696$813$3,057
Taxes & Fees$987$47$47$47$47$1,175
Financing$966$777$574$360$131$2,808
Depreciation$3,941$1,728$1,521$1,348$1,210$9,748
Fuel$1,410$1,452$1,495$1,540$1,587$7,485
True Cost to Own®$10,365$5,993$6,186$5,087$7,140$34,771

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan C Platinum 4dr Sedan AWD (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,102$1,135$1,170$1,204$1,241$5,852
Maintenance$2,288$776$1,358$214$3,098$7,734
Repairs$572$661$771$900$1,052$3,956
Taxes & Fees$1,278$61$61$61$61$1,521
Financing$1,250$1,006$743$466$169$3,634
Depreciation$5,100$2,236$1,968$1,745$1,566$12,615
Fuel$1,824$1,880$1,935$1,993$2,054$9,686
True Cost to Own®$13,414$7,755$8,006$6,583$9,240$44,997

Ownership Costs: 5-Year Breakdown

Selected Model:

2016 300 Sedan S 4dr Sedan (3.6L 6cyl 8A)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,244$1,281$1,320$1,359$1,401$6,605
Maintenance$2,582$876$1,533$241$3,497$8,730
Repairs$645$746$870$1,016$1,188$4,466
Taxes & Fees$1,442$69$69$69$69$1,716
Financing$1,411$1,135$839$526$191$4,102
Depreciation$5,757$2,524$2,222$1,970$1,767$14,240
Fuel$2,059$2,122$2,184$2,250$2,318$10,934
True Cost to Own®$15,141$8,754$9,037$7,431$10,430$50,793

*Based on a 5-year estimate with 15,000 miles driven per year.

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True Cost To Own®

Edmunds.com's True Cost to Own® (TCO®) is proprietary data that helps you estimate the total five-year cost of buying and owning a vehicle — including some items you may not have taken into consideration. A benefit of using our TCO® tool is that you can easily compare the five-year totals for different vehicles and make a more informed choice.

The components of TCO® are depreciation, interest on financing, taxes and fees, insurance premiums, fuel, maintenance, repairs and any federal tax credit that may be available. In order to estimate certain mileage-dependent costs, we assume that vehicles will be driven 15,000 miles per year. For a used vehicle, we calculate the years the vehicle has been driven using the nominal difference between the current calendar year and the vehicle's model year, and assume that it was driven 15,000 miles during each of those years.

Note that TCO® is a comparative tool, not a predictive tool — your actual five-year cost of owning a particular vehicle will vary depending on your personal circumstances, such as your driving history and the number of miles you drive.

How We Calculate True Cost to Own®

The True Cost to Own® calculations use the following set of assumptions:

  • Ownership expenses are estimated for a five-year period
  • You will drive 15,000 miles per year
  • You are financing the vehicle using traditional financing, not lease financing
  • You have an above-average credit rating for the purpose of determining your finance rate
  • You are making a 10% down payment on the vehicle at purchase
  • Your loan term is 60 months

Using proprietary formulas, we calculate the five-year costs for the seven cost categories that make up the TCO® (depreciation, insurance, financing, taxes & fees, fuel, maintenance and repairs). We also take into account any applicable federal tax credit.

Explanation of True Cost to Own® Terms

Total Cash Price

For new vehicles, the Total Cash Price displayed is the vehicle's True Market Value® (TMV®) price plus typically equipped options, destination charge, base tax and fees assessed by your state, and, if applicable, gas guzzler tax; less any widely available manufacturer-to-customer cash rebates. (However, we do not account for other types of cash rebates or incentives because of the variability of those offers and their eligibility requirements.) For used vehicles, the Total Cash Price shown is the sum of the vehicle's Private Party TMV® price in "clean" condition plus typically equipped options, and base tax and fees assessed by your state.

Depreciation

This is the amount by which the value of a vehicle declines from its purchase price to its estimated resale value. The purchase price employed is the vehicle's Total Cash Price, minus any taxes and fees included in that amount. We estimate the resale value assuming the vehicle will be in "clean" condition, will be driven 15,000 miles per year, and will be sold to a private party.

Insurance

This is the estimated average annual insurance premium in your state. The premium has been determined based on annual premium data for defined driver profiles and coverages (liability, comprehensive and collision) from a major national insurer. While this information is specific to vehicle make, model, model year and body type, your personal information is not taken into consideration and could greatly alter the actual premium quoted by an insurer. Factors that will affect your rate include your age, marital status, credit history, driving record, and the garaging address of your vehicle.

Financing

This is the interest expense on a loan in the amount of the Total Cash Price, assuming a 10% down payment and a loan term of 60 months. The interest rate used is the prevailing rate that banks and other direct automotive lenders are currently charging consumers in your geographic region who have above average credit scores.

Note: Even if you do not finance your vehicle, the inclusion of financing cost in determining True Cost to Own® is still appropriate because it reflects the estimated "opportunity cost" (i.e., the amount you may earn) if you invest the Purchase Price instead of using it to purchase the vehicle.

Taxes & Fees

This consists of the base sales (or use) taxes, license and registration fees in your state, and gas guzzler tax if applicable. These taxes and fees are often based on a percentage of the purchase price, and generally decrease as the vehicle ages and loses its value.

Note: the state sales/use tax rate that we use includes the average local and county taxes assessed in that state.

Fuel

This expense is based on the revised EPA mileage ratings, assuming consumption consists of 45% highway and 55% city driving and that the vehicle is equipped with the transmission that is standard equipment for that vehicle. Cost estimates are based on the current one-year moving average of self-service prices in your state, using regular unleaded gasoline for vehicles whose manufacturers require regular; premium unleaded gasoline for vehicles whose manufacturers recommend or require premium; or diesel fuel for diesel vehicles.

Maintenance

This is the estimated expense of the two types of maintenance: scheduled and unscheduled. Scheduled maintenance is the performance of factory-recommended items at periodic mileage and/or calendar intervals. Unscheduled maintenance includes wheel alignment and the replacement of items such as the battery, brakes, headlamps, hoses, exhaust system parts, taillight/turn signal bulbs, tires and wiper blades/inserts. Estimated tire replacement costs are supplied to Edmunds.com by The Tire Rack, Inc.

Repairs

This is the estimated expense for repairs not covered by the vehicle manufacturer's warranties over the five years from the date of purchase, assuming 15,000 miles are driven annually. We estimate this expense based on the cost of a typical "zero deductible" extended warranty for the vehicle, minus the estimated amount of that cost that consists of the warranty provider's overhead and profit.

Federal Tax Credits

This is the tax credit that is provided for under the Energy Policy Act of 2005. A tax credit is subtracted directly from the total amount of federal tax you owe. The tax credit is for electric fuel vehicles.

The credit is only available to the original purchaser of a new, qualifying vehicle, and is subject to certain "phase out" rules that we take into consideration when computing TCO®. If a qualifying vehicle is leased to a consumer, the leasing company may claim the credit.



Edmunds Insurance Estimator

The Edmunds TCO® estimated monthly insurance payment for a 2016 Chrysler 300 in Virginia is:

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