Find out whether owning a bike or car costs more than using ride-hailing for your trips. Enter your total monthly cost of owning, the average cost of one ride and how many rides you take a month. The calculator shows the monthly and yearly cost of each option, which is cheaper, and the number of rides at which the two cost the same.
You supply every cost. This tool does not suggest any fare or ownership cost.
Count each one-way journey as one ride. Use your own figures: our vehicle ownership cost calculator can give the monthly cost of owning. This tool does not suggest any cost or fare.
Nothing you type is stored or sent anywhere. Results are calculated from the numbers you enter.
How to use the calculator
- Work out your total monthly cost of owning a vehicle. Our vehicle ownership cost calculator can help. If you are financing, include the monthly instalment from the car installment calculator or the bike installment calculator.
- Enter the average cost of one ride, using fares you have actually paid for your usual trips.
- Enter how many rides you would take in a month. Count each one-way journey as one ride, so a daily return trip to work is two rides.
- If you would still pay for some other transport when you own a vehicle, enter that monthly cost too.
- Press “Compare monthly costs”.
How the results are worked out
- Cost of owning = your monthly cost of owning + any other transport cost you entered
- Cost of ride-hailing = cost of one ride × rides per month
- Difference = cost of owning − cost of ride-hailing, and the same × 12 for the year
- Break-even rides = cost of owning ÷ cost of one ride
What this calculator does not include
- Convenience, travel time, waiting, safety or whether a ride is available when you need it.
- Changes in fares, fuel or repair costs during the year, or what the vehicle is worth if you sell it later.
- Any fare or ownership cost. We have not verified any figures for this page, so it shows none. The result is only as good as the numbers you enter.
More tools for vehicle owners
Keep your vehicle running with the vehicle service reminder calculator and keep your licence valid with the driving licence expiry date calculator. Thinking of buying? Find out how much you could afford to finance with the vehicle affordability calculator. Sharing trips with others? Split the cost with the carpool cost split calculator.
Own a vehicle or use ride-hailing FAQs
Is it cheaper to own a vehicle or use ride-hailing?
It depends on how often you travel. Compare your total monthly cost of owning with the cost of the rides you would take. The calculator shows the number of rides at which the two cost the same.
What should I include in the cost of owning?
Include everything you pay each month: fuel, instalment or the monthly share of the purchase price, insurance, tax, maintenance and parking. The ownership cost calculator helps you add these up.
How do I count rides?
Count each one-way journey as one ride. A return trip is two rides.
Is my data stored?
No. The calculation runs in your browser, and nothing you enter is sent to our servers.