Cost Per Mile is an estimate of what it will cost you to operate the vehicle per mile, over a five year period. Cost Per Mile is a calculation that Yahoo! Autos makes by taking the Total Cost to Own price over 5 years and dividing it by the number of miles you indicate you will drive over that period.
The vehicle's value rating is calculated by our data vendor, Vincentric.
How does Vincentric measure value and establish its ratings? This question is best answered with an example. Two vehicles can have the same purchase price, but different ownership costs. The vehicle with the lower ownership costs is a better value than the one having the higher ownership costs.
To put this concept into action for the 2006 model year analysis, Vincentric first measured the cost of ownership for over 1,900 vehicle configurations. Cost of ownership is calculated by combining the costs associated with depreciation, insurance, repairs, maintenance (scheduled and unscheduled), finance, fuel, taxes and state fees (including the Federal Hybrid Tax Credit), and opportunity costs. This creates the Measured Cost of Ownership.
The vehicle's Expected cost of ownership is based on statistical models that correlate the price of a vehicle with cost of ownership within each of the 34 segments that comprise all vehicles. An average Expected cost to own is established. Any vehicle that falls above the Average Value line is a better value than a vehicle that fall below the Average
Since Total Cost to Own estimates can vary based upon the number of miles you drive per year, Yahoo! Autos allows you to select the number of miles you drive per year from a dropdown menu. Entering the number of miles you drive per year and selecting "Customize" will help Yahoo! Autos prepare a more accurate Total Cost to Own estimate for your vehicle.
Since Total Cost to Own estimates can vary based upon your driving experience, Yahoo! Autos allows you to specify the numbers of years that you have driving experience. Entering your driving experience information and selecting "Customize" will help Yahoo! Autos prepare a more accurate Total Cost to Own estimate for your vehicle.
| Color | Category | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total |
|---|---|---|---|---|---|---|---|
|
|
Depreciation
|
$28,760 | $7,161 | $6,739 | $6,318 | $5,897 | $54,875 |
|
|
Fuel Cost
|
$2,629 | $2,722 | $2,819 | $2,920 | $3,023 | $14,114 |
|
|
Financing
|
$5,337 | $4,305 | $3,197 | $2,006 | $728 | $15,574 |
|
|
Insurance
|
$2,747 | $2,705 | $2,664 | $2,624 | $2,587 | $13,326 |
|
|
Maintenance
|
$315 | $410 | $2,055 | $549 | $484 | $3,812 |
|
|
Fees, Taxes
|
$6,411 | $257 | $253 | $225 | $222 | $7,368 |
|
|
Repairs
|
$0 | $0 | $0 | $688 | $1,032 | $1,719 |
|
|
Opportunity Cost
|
$686 | $867 | $1,106 | $1,201 | $1,143 | $5,003 |
|
|
Yearly Total | $46,885 | $18,427 | $18,833 | $16,531 | $15,116 | $115,792 |
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| 2010 Mercedes-Benz E-Class E550 Coupe | $85,006 |
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5-Year Cost |
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www.CarGurus.comResearch the total cost of ownership information for the new 2009 Mercedes-Benz CL-Class CL550 4MATIC Coupe on Yahoo! Autos. Check out the five year cost to own the new 2009 Mercedes-Benz CL-Class CL550 4MATIC Coupe in your state, see a breakdown of the depreciation cost, fuel cost, financing and insurance cost, maintenance and repairs cost, fees and taxes and opportunity cost from year 1 to year 5 for the new 2009 Mercedes-Benz CL-Class CL550 4MATIC Coupe. Customize your cost to own the 2009 Mercedes-Benz CL-Class CL550 4MATIC Coupe based on your driving experience and mileage driven per year.