2020 Honda Civic Cost to Own

Total 5-Year Ownership Costs

Near ZIP

Civic Hatchback

Sport Touring 4dr Hatchback (1.5L 4cyl Turbo CVT)

True Cost to Own

$26,786*

Total Cash Price

$20,694

LX 4dr Hatchback (1.5L 4cyl Turbo CVT)

True Cost to Own

$29,438*

Total Cash Price

$22,743

EX-L 4dr Hatchback (1.5L 4cyl Turbo CVT)

True Cost to Own

$27,582*

Total Cash Price

$21,309

Sport 4dr Hatchback (1.5L 4cyl Turbo 6M)

True Cost to Own

$28,908*

Total Cash Price

$22,333

Sport Touring 4dr Hatchback (1.5L 4cyl Turbo 6M)

True Cost to Own

$33,416*

Total Cash Price

$25,816

Sport 4dr Hatchback (1.5L 4cyl Turbo CVT)

True Cost to Own

$37,925*

Total Cash Price

$29,299

EX 4dr Hatchback (1.5L 4cyl Turbo CVT)

True Cost to Own

$30,499*

Total Cash Price

$23,562

Civic Coupe

Touring 2dr Coupe (1.5L 4cyl Turbo CVT)

True Cost to Own

$28,112*

Total Cash Price

$21,718

LX 2dr Coupe (2.0L 4cyl CVT)

True Cost to Own

$37,129*

Total Cash Price

$28,685

Sport 2dr Coupe (2.0L 4cyl 6M)

True Cost to Own

$26,521*

Total Cash Price

$20,489

EX 2dr Coupe (1.5L 4cyl Turbo CVT)

True Cost to Own

$33,416*

Total Cash Price

$25,816

Sport 2dr Coupe (2.0L 4cyl CVT)

True Cost to Own

$29,704*

Total Cash Price

$22,948

Civic Si

Si 2dr Coupe w/Summer Tires (1.5L 4cyl Turbo 6M)

True Cost to Own

$31,825*

Total Cash Price

$24,587

Si 2dr Coupe (1.5L 4cyl Turbo 6M)

True Cost to Own

$35,008*

Total Cash Price

$27,045

Civic Type R

Type R 4dr Hatchback (2.0L 4cyl Turbo 6M)

True Cost to Own

$26,786*

Total Cash Price

$20,694

Civic Sedan

Si 4dr Sedan (1.5L 4cyl Turbo 6M)

True Cost to Own

$27,051*

Total Cash Price

$20,899

Si 4dr Sedan w/Summer Tires (1.5L 4cyl Turbo 6M)

True Cost to Own

$39,516*

Total Cash Price

$30,529

Sport 4dr Sedan (2.0L 4cyl 6M)

True Cost to Own

$37,395*

Total Cash Price

$28,889

Sport 4dr Sedan (2.0L 4cyl CVT)

True Cost to Own

$35,803*

Total Cash Price

$27,660

Touring 4dr Sedan (1.5L 4cyl Turbo CVT)

True Cost to Own

$35,538*

Total Cash Price

$27,455

EX-L 4dr Sedan (1.5L 4cyl Turbo CVT)

True Cost to Own

$35,273*

Total Cash Price

$27,250

EX 4dr Sedan (1.5L 4cyl Turbo CVT)

True Cost to Own

$39,516*

Total Cash Price

$30,529

LX 4dr Sedan (2.0L 4cyl 6M)

True Cost to Own

$30,764*

Total Cash Price

$23,767

LX 4dr Sedan (2.0L 4cyl CVT)

True Cost to Own

$26,521*

Total Cash Price

$20,489

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Hatchback Sport Touring 4dr Hatchback (1.5L 4cyl Turbo CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$735$761$788$815$843$3,942
Maintenance$158$642$458$1,098$1,261$3,617
Repairs$0$0$108$262$382$751
Taxes & Fees$874$41$41$41$41$1,039
Financing$1,113$895$663$414$150$3,235
Depreciation$3,143$1,432$1,355$1,591$1,507$9,028
Fuel$975$1,004$1,033$1,065$1,097$5,173
True Cost to Own®$6,997$4,775$4,446$5,285$5,282$26,786

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Hatchback LX 4dr Hatchback (1.5L 4cyl Turbo CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$808$836$866$896$927$4,332
Maintenance$173$706$503$1,207$1,386$3,975
Repairs$0$0$119$287$420$826
Taxes & Fees$960$46$46$46$46$1,142
Financing$1,223$983$728$455$165$3,555
Depreciation$3,454$1,574$1,490$1,748$1,656$9,922
Fuel$1,071$1,103$1,136$1,170$1,205$5,685
True Cost to Own®$7,690$5,248$4,886$5,809$5,805$29,438

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Hatchback EX-L 4dr Hatchback (1.5L 4cyl Turbo CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$757$783$811$839$868$4,059
Maintenance$162$661$471$1,130$1,299$3,724
Repairs$0$0$111$269$393$774
Taxes & Fees$900$43$43$43$43$1,070
Financing$1,146$921$682$426$155$3,331
Depreciation$3,236$1,475$1,396$1,638$1,552$9,297
Fuel$1,004$1,034$1,064$1,096$1,129$5,327
True Cost to Own®$7,205$4,917$4,578$5,442$5,439$27,582

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Hatchback Sport 4dr Hatchback (1.5L 4cyl Turbo 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$794$821$850$880$910$4,254
Maintenance$170$693$494$1,185$1,361$3,903
Repairs$0$0$117$282$412$811
Taxes & Fees$943$45$45$45$45$1,122
Financing$1,201$966$715$447$162$3,491
Depreciation$3,392$1,546$1,463$1,717$1,626$9,744
Fuel$1,052$1,083$1,115$1,149$1,184$5,583
True Cost to Own®$7,552$5,154$4,798$5,704$5,701$28,908

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Hatchback Sport Touring 4dr Hatchback (1.5L 4cyl Turbo 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$917$949$983$1,017$1,052$4,918
Maintenance$197$801$571$1,370$1,574$4,512
Repairs$0$0$135$326$476$937
Taxes & Fees$1,090$52$52$52$52$1,297
Financing$1,389$1,116$827$517$188$4,036
Depreciation$3,921$1,787$1,691$1,985$1,880$11,263
Fuel$1,216$1,252$1,289$1,328$1,368$6,454
True Cost to Own®$8,729$5,957$5,547$6,594$6,590$33,416

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Hatchback Sport 4dr Hatchback (1.5L 4cyl Turbo CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,041$1,077$1,115$1,154$1,194$5,581
Maintenance$223$909$648$1,554$1,786$5,121
Repairs$0$0$153$370$541$1,064
Taxes & Fees$1,237$59$59$59$59$1,471
Financing$1,576$1,267$938$586$213$4,580
Depreciation$4,450$2,028$1,919$2,252$2,134$12,783
Fuel$1,380$1,421$1,463$1,507$1,553$7,324
True Cost to Own®$9,907$6,761$6,295$7,483$7,479$37,925

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Hatchback EX 4dr Hatchback (1.5L 4cyl Turbo CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$837$866$897$928$960$4,488
Maintenance$179$731$521$1,250$1,436$4,118
Repairs$0$0$123$298$435$856
Taxes & Fees$995$47$47$47$47$1,183
Financing$1,267$1,019$754$471$171$3,683
Depreciation$3,579$1,631$1,543$1,811$1,716$10,280
Fuel$1,110$1,143$1,176$1,212$1,249$5,890
True Cost to Own®$7,967$5,437$5,062$6,018$6,014$30,499

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Coupe Touring 2dr Coupe (1.5L 4cyl Turbo CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$772$798$827$855$885$4,137
Maintenance$165$674$480$1,152$1,324$3,796
Repairs$0$0$113$275$401$789
Taxes & Fees$917$43$43$43$43$1,091
Financing$1,168$939$695$435$158$3,395
Depreciation$3,299$1,503$1,423$1,670$1,582$9,475
Fuel$1,023$1,054$1,084$1,117$1,151$5,429
True Cost to Own®$7,344$5,012$4,666$5,547$5,544$28,112

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Coupe LX 2dr Coupe (2.0L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,019$1,054$1,092$1,130$1,169$5,464
Maintenance$218$890$634$1,522$1,749$5,013
Repairs$0$0$150$363$529$1,042
Taxes & Fees$1,211$57$57$57$57$1,441
Financing$1,543$1,240$918$574$209$4,484
Depreciation$4,357$1,985$1,879$2,205$2,089$12,515
Fuel$1,351$1,392$1,432$1,476$1,520$7,171
True Cost to Own®$9,699$6,619$6,163$7,326$7,322$37,129

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Coupe Sport 2dr Coupe (2.0L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$728$753$780$807$835$3,903
Maintenance$156$636$453$1,087$1,249$3,581
Repairs$0$0$107$259$378$744
Taxes & Fees$865$41$41$41$41$1,029
Financing$1,102$886$656$410$149$3,203
Depreciation$3,112$1,418$1,342$1,575$1,492$8,939
Fuel$965$994$1,023$1,054$1,086$5,122
True Cost to Own®$6,928$4,728$4,402$5,233$5,230$26,521

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Coupe EX 2dr Coupe (1.5L 4cyl Turbo CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$917$949$983$1,017$1,052$4,918
Maintenance$197$801$571$1,370$1,574$4,512
Repairs$0$0$135$326$476$937
Taxes & Fees$1,090$52$52$52$52$1,297
Financing$1,389$1,116$827$517$188$4,036
Depreciation$3,921$1,787$1,691$1,985$1,880$11,263
Fuel$1,216$1,252$1,289$1,328$1,368$6,454
True Cost to Own®$8,729$5,957$5,547$6,594$6,590$33,416

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Coupe Sport 2dr Coupe (2.0L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$815$843$874$904$935$4,371
Maintenance$175$712$507$1,217$1,399$4,011
Repairs$0$0$120$290$423$833
Taxes & Fees$969$46$46$46$46$1,152
Financing$1,234$992$735$459$167$3,587
Depreciation$3,485$1,588$1,503$1,764$1,671$10,012
Fuel$1,081$1,113$1,146$1,180$1,216$5,737
True Cost to Own®$7,759$5,295$4,930$5,861$5,858$29,704

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Si Si 2dr Coupe w/Summer Tires (1.5L 4cyl Turbo 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$874$904$936$968$1,002$4,684
Maintenance$187$763$544$1,304$1,499$4,297
Repairs$0$0$128$311$454$893
Taxes & Fees$1,038$49$49$49$49$1,235
Financing$1,322$1,063$787$492$179$3,844
Depreciation$3,734$1,702$1,610$1,890$1,790$10,727
Fuel$1,158$1,193$1,228$1,265$1,303$6,146
True Cost to Own®$8,314$5,674$5,282$6,280$6,276$31,825

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Si Si 2dr Coupe (1.5L 4cyl Turbo 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$961$994$1,030$1,065$1,102$5,152
Maintenance$206$840$598$1,435$1,649$4,727
Repairs$0$0$141$342$499$982
Taxes & Fees$1,142$54$54$54$54$1,358
Financing$1,455$1,170$866$541$197$4,228
Depreciation$4,108$1,872$1,771$2,079$1,969$11,799
Fuel$1,274$1,312$1,350$1,391$1,434$6,761
True Cost to Own®$9,145$6,241$5,811$6,908$6,904$35,008

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Type R Type R 4dr Hatchback (2.0L 4cyl Turbo 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$735$761$788$815$843$3,942
Maintenance$158$642$458$1,098$1,261$3,617
Repairs$0$0$108$262$382$751
Taxes & Fees$874$41$41$41$41$1,039
Financing$1,113$895$663$414$150$3,235
Depreciation$3,143$1,432$1,355$1,591$1,507$9,028
Fuel$975$1,004$1,033$1,065$1,097$5,173
True Cost to Own®$6,997$4,775$4,446$5,285$5,282$26,786

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Sedan Si 4dr Sedan (1.5L 4cyl Turbo 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$743$768$796$823$852$3,981
Maintenance$159$649$462$1,109$1,274$3,653
Repairs$0$0$109$264$386$759
Taxes & Fees$882$42$42$42$42$1,050
Financing$1,124$904$669$418$152$3,267
Depreciation$3,174$1,446$1,369$1,607$1,522$9,118
Fuel$984$1,014$1,043$1,075$1,108$5,224
True Cost to Own®$7,067$4,823$4,490$5,338$5,335$27,051

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Sedan Si 4dr Sedan w/Summer Tires (1.5L 4cyl Turbo 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,085$1,122$1,162$1,202$1,244$5,815
Maintenance$232$948$675$1,620$1,861$5,336
Repairs$0$0$159$386$563$1,109
Taxes & Fees$1,289$61$61$61$61$1,533
Financing$1,642$1,320$977$611$222$4,772
Depreciation$4,637$2,113$2,000$2,347$2,223$13,319
Fuel$1,438$1,481$1,524$1,570$1,618$7,632
True Cost to Own®$10,323$7,045$6,559$7,797$7,793$39,516

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Sedan Sport 4dr Sedan (2.0L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,026$1,062$1,100$1,138$1,177$5,503
Maintenance$220$897$639$1,533$1,761$5,049
Repairs$0$0$151$365$533$1,049
Taxes & Fees$1,220$58$58$58$58$1,451
Financing$1,554$1,249$925$578$210$4,516
Depreciation$4,388$1,999$1,892$2,221$2,104$12,604
Fuel$1,361$1,402$1,442$1,486$1,531$7,222
True Cost to Own®$9,768$6,666$6,207$7,379$7,374$37,395

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Sedan Sport 4dr Sedan (2.0L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$983$1,017$1,053$1,089$1,127$5,269
Maintenance$211$859$612$1,467$1,686$4,834
Repairs$0$0$144$350$510$1,004
Taxes & Fees$1,168$55$55$55$55$1,389
Financing$1,488$1,196$886$554$201$4,324
Depreciation$4,201$1,914$1,812$2,126$2,014$12,068
Fuel$1,303$1,342$1,381$1,423$1,466$6,915
True Cost to Own®$9,353$6,383$5,943$7,065$7,061$35,803

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Sedan Touring 4dr Sedan (1.5L 4cyl Turbo CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$976$1,009$1,045$1,081$1,119$5,230
Maintenance$209$852$607$1,457$1,674$4,799
Repairs$0$0$143$347$507$997
Taxes & Fees$1,159$55$55$55$55$1,379
Financing$1,477$1,187$879$549$200$4,292
Depreciation$4,170$1,900$1,798$2,111$1,999$11,978
Fuel$1,293$1,332$1,371$1,412$1,455$6,863
True Cost to Own®$9,284$6,336$5,899$7,012$7,008$35,538

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Sedan EX-L 4dr Sedan (1.5L 4cyl Turbo CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$968$1,001$1,037$1,073$1,111$5,191
Maintenance$207$846$602$1,446$1,661$4,763
Repairs$0$0$142$344$503$990
Taxes & Fees$1,150$55$55$55$55$1,369
Financing$1,466$1,178$872$545$198$4,260
Depreciation$4,139$1,886$1,785$2,095$1,984$11,889
Fuel$1,283$1,322$1,361$1,402$1,444$6,812
True Cost to Own®$9,214$6,288$5,855$6,960$6,956$35,273

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Sedan EX 4dr Sedan (1.5L 4cyl Turbo CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$1,085$1,122$1,162$1,202$1,244$5,815
Maintenance$232$948$675$1,620$1,861$5,336
Repairs$0$0$159$386$563$1,109
Taxes & Fees$1,289$61$61$61$61$1,533
Financing$1,642$1,320$977$611$222$4,772
Depreciation$4,637$2,113$2,000$2,347$2,223$13,319
Fuel$1,438$1,481$1,524$1,570$1,618$7,632
True Cost to Own®$10,323$7,045$6,559$7,797$7,793$39,516

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Sedan LX 4dr Sedan (2.0L 4cyl 6M)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$844$873$905$936$969$4,527
Maintenance$181$738$525$1,261$1,449$4,154
Repairs$0$0$124$300$438$863
Taxes & Fees$1,003$48$48$48$48$1,194
Financing$1,278$1,028$761$476$173$3,715
Depreciation$3,610$1,645$1,557$1,827$1,731$10,369
Fuel$1,119$1,153$1,187$1,223$1,260$5,942
True Cost to Own®$8,036$5,484$5,106$6,070$6,067$30,764
Ownership Costs: 5-Year Total

Depreciation

$8,939

Taxes & Fees

$1,029

Financing

$3,203

Fuel

$5,122

Insurance

$3,903

Repairs

$744

Maintenance

$3,581

Ownership Costs: 5-Year Breakdown

Selected Model:

2020 Civic Sedan LX 4dr Sedan (2.0L 4cyl CVT)

Ownership Costs: 5-Year Breakdown
Year 1Year 2Year 3Year 4Year 5Total
Tax Credit$0$0$0$0$0$0
Insurance$728$753$780$807$835$3,903
Maintenance$156$636$453$1,087$1,249$3,581
Repairs$0$0$107$259$378$744
Taxes & Fees$865$41$41$41$41$1,029
Financing$1,102$886$656$410$149$3,203
Depreciation$3,112$1,418$1,342$1,575$1,492$8,939
Fuel$965$994$1,023$1,054$1,086$5,122
True Cost to Own®$6,928$4,728$4,402$5,233$5,230$26,521

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

Shop nowLearn about the 2020 Civic

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 2020 Honda Civic in Virginia is:

not available
Legal