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Car Cost Comparison Calculator

When buying a car most people do not consider ALL of the expenses that will be incurred in owning a car. And because nearly all car buying scenarios come with different variables (depreciation rates, interest rates, purchase prices, insurance costs, mpg ratings, etc.), it is very difficult to compare one buying scenario with another. This calculator will not only help you to forecast the REAL COST of buying and owning a car, but it will also help you to compare the real cost of buying a new car with the real cost of a buying second car. Depreciation on a used vehicle is much lower than a new car.

Shortcut: Fill in all the blanks in the Scenario No.1 column and then click on "Compute Purchase & Ownership Costs." This will automatically copy Scenario No.1 values into the Scenario No.2 column

Description Car Buying
Scenario #1
Car Buying
Scenario #2
Enter the total price of the car, including options:
Enter the applicable sales-tax percentage:
Enter the annual cost of licensing this vehicle:
Enter the cost of the extended warranty, if applicable:
Will you be financing this vehicle? ("y" or "n"):
Enter the amount of your down-payment:
Enter the financing rate (Annual Percentage Rate):
Enter the number of months financed:
Enter annual insurance premium:
Enter the number of miles you expect to drive this car per year:
Enter the vehicle's estimated Miles Per Gallon rating:
Enter the local cost of one gallon of fuel:
How many years old is the car?:
How many years do you expect to own this car?:
Enter an estimated monthly maintenance and repair cost:
Tax, License, and Extended Warranty Costs:
Depreciation Costs:
Finance Costs:
Insurance Costs:
Fuel Costs:
Maintenance & Repair Costs:
Total cost of buying and owning the car:
Annual cost to own and operate this vehicle:
Cost per mile:
Summary:
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Calculator Copyright 1997-2017 Web Winder Site Traffic Magnets. All rights reserved.

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