Total cost of ownership (or TCO) is an estimate of the costs to own and operate a vehicle. It includes average annual repair costs, fuel costs, maintenance costs, depreciation (a decrease in resale value), insurance costs, and other factors.
Total cost of ownership (or TCO) is an estimate of the costs to own and operate a vehicle. It includes average annual repair costs, fuel costs, maintenance costs, depreciation (a decrease in resale value), insurance costs, and other factors.