* If you cannot see any vehicles in this menu, you may need to update Java.
* Please provide the purchase price including all fees (e.g. TAVT and all relevant registration fees) *,** The purchase price and current vehicle value provided in this website is based on Georgia TAVT assessment database, but it can be different from a real value. To get the more correct vehicle owning cost, please search by other websites such as KBB or Edmunds)
* The default end of life salvage percentage is calculated by linear depreciaion function, assumping 10% of depreciation for each year (e.g. 8 years of useful remaining life leads to 20% of EOL salvage (10 years - 8 years) X 10%). The logarithmic depreciation function assumes exponential decrease in vehicle value over time, assumping the car with a salvage value of 15% and a lifetime of 10 years (Dumortier et al. 2015). The minimum value of salvage is set to 5% or $500.
* The default value of annual insurance is an average cost paid in the United States (click here to see the reference). However, insuarance cost varies by a variety of factors (e.g. coverage, number of members joined, company, etc.). So, please enter your own insurance cost manually.
* Registration cost calculation in this website is built for vehicles registered in Georgia State.
On Tuesday, February 6, 2018, SpaceX successfully launched SpaceX founder Elon Musk’s personal Tesla Roadster into space from Launch Complex 39A at Kennedy Space Center in Florida. The Roadster was launched as a satellite into space from the Falcon Heavy rocket. SpaceX lists the total cost for this roadster flight at $90 million. That means that the cost of traveling the first mile into space was $90 million per mile. But there are no insurance, maintenance, fuel, or other costs associated with continued travel. With Starman behind the wheel, the Tesla Roadster is moving at more than 3.5 kilometers per second, universe time frame (William Harwood, 2018). Every mile of travel reduces Starman’s cent/mile cost of Tesla ownership and operation. In about nine months, the Tesla Roadster cost will reach $1.82 per mile, the approximate 5-year total cost to own this Roadster on Earth.