International Journal of Agriculture Extension and Social Development

author(s)
Sourajit Acharya, Subhrajit Ray, Prasanta Kumar Barik and Sonali Das

abstract
This study presents an in-depth analysis of the various factors contributing to the Total Cost of Ownership (TCO) of vehicles, with a particular focus on depreciation. Utilizing principal component analysis, this research elucidates the complex interplay of costs such as fuel, service, insurance, tyre changes, and their cumulative impact on vehicle ownership over a period of five years.