The True Cost of Transport
Build progressive financial capability through the true cost of transport, moving from understanding to confident application.
5
Lessons in this module
Purchase Price Is Only the Start
A vehicle's purchase price is only the start: fuel, insurance, tax, servicing, tyres, repairs, and depreciation all follow. The total cost of ownership — not the sticker price — is what determines whether a vehicle is affordable.
Fuel and Charging Costs
Calculate monthly fuel costs accurately using distance, fuel efficiency, and current fuel price — and include this figure in any vehicle ownership budget.
Maintenance and Repairs
Explain why regular vehicle maintenance is a financial decision — because the predictable cost of servicing is consistently lower than the unpredictable cost of the repairs that result from neglecting it.
Insurance and Registration
Identify the annual compulsory costs associated with vehicle ownership — insurance, vehicle tax, and registration — and include them in the savings target before purchasing.
Compare Public and Private Transport
Compare the total monthly cost of private vehicle ownership against public transport alternatives — including all running costs — to make an informed, evidence-based transport decision.
Want the activities, rewards, and progress tracking?
Create a family bank to unlock the full curriculum, kid dashboards, DeeDee guidance, quizzes, badges, and parent progress insights.