28.04.2022 / Total cost of ownership of the car increased by 23% over four months

The agency Russian Automotive Market Research analyzed the change in the total cost of ownership of new cars in the period from December 2021 to April 2022.

The analysis is based on KIA RIO X Premium car: petrol engine, 1.6 liters., automatic gear box, front-wheel drive, hatchback. The total cost of ownership was calculated on the condition of buying the car at own expense, owning the car in Moscow for 3 years, an average annual mileage of 25,000 km.

Over four months, the total cost of ownership of the car increased by 23%, the maintenance cost grew by 32%, the tires and tire service cost was up by 19.1%.

Source: NAPI/Russian Automotive Market Research

The TCO is prepared by a specialized DV–TCO online calculator for all vehicle types:

• Cars
• LCV
• Trucks

All costs at the regional level are taken into account, including the cost of vehicle spare parts, the number and cost of standard hours, the frequency of technical inspection and routine repairs, the cost of fuel, the cost of tires, etc.
The TCO is calculated taking into account regional specifics for all 85 regions.
It is updated every month.

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