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You want to evaluate all of the variables (purchase price, interest rate and insurance cost) before buying a car? Instantly calculate the real cost of buying a car and compare various car buying scenarios.
Shortcut: Fill in all the boxes in the Scenario 1 column and then click on "Copy 1 to 2". This will automatically copy Scenario 1 values into the Scenario 2 column. You can then modify the variables in column 2 to determine the difference in cost.
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Description
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Car buying Scenario 1
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Car buying Scenario 2
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Price of vehicle, including options:
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Applicable sales tax percentage :
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Annual cost of licensing this vehicle:
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Cost of extended warranty
(if applicable) :
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Will you be financing this vehicle?(" Y " or " N ") :
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Amount of down-payment: :
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Annual interest rate (annual percentage rate):
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Number of months financed:
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Annual insurance premium:
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Number of kilometres you expect to drive this car per year:
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Estimated kilometres per litre rating of this car:
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Cost of one litre of gasoline:
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Age of the vehicle (in years):
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Number of years you expect to own this vehicle:
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Estimated monthly maintenance and repair cost of your car:
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Tax, license and extended warranty costs:
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Depreciation costs:
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Financing costs:
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Insurance costs:
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Fuel costs:
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Maintenance and repair costs:
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Total cost of buying and owning the car:
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Annual cost of owning and operating this vehicle:
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Fuel cost per km:
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Summary :
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