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Free Tool · Fuel, VED & BIK

Car Running Costs

Compare fuel cost, road tax and company car tax over your chosen term and mileage. This tool covers the computable lines — fuel and VED. Depreciation and SMR can be entered manually if you have the figures.

Term & usage

Vehicle details

Driver tax (BIK)

BIK is paid by the driver separately from employer running costs. Not included in the running cost total below.

Depreciation & SMR(optional — manual entry)

These require licensed data to calculate automatically. Enter your own figures if you have them.

Depreciation = P11D − residual value

Running cost breakdown

Fuel cost

188.8p/litre

VED (road tax)

3 years

Depreciation

not included

needs RV data

SMR

not included

needs SMR data

Total (incl. manual)

Pence per mile

fuel + VED only

This total covers fuel and VED only (computable from public data). Depreciation and SMR require licensed data — they are flagged as "not included" unless you enter them manually above. Driver BIK tax is shown separately in the section above.

Figures are estimates. VED rates are based on 2025/26 published HMRC rates — verify current rates at gov.uk before use. MPG figures are official WLTP and optimistic against real-world driving. The £40,000 expensive car supplement applies to VED, not BIK. Depreciation and SMR require licensed data (CAP HPI / Glass's) to compute automatically. This is not financial advice.

Frequently asked questions

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