Keep old vs. Buy a New Car Calculator

The Used vs New car financial calculator is a helpful tool that allows you to decide whether to keep driving your old car or buy a new one.

General Assumptions

Gas Assumptions




Current Car Questions


New Car Questions

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Results

Keep Old CarCashFinance
Purchase Price000
Trade In Value-00
Down Payment (if sell privately)-00
Additional Down Payment:-10001000
Sales Tax-00
Total Cost-00
Additional Cash Needed -2634626346
Payment if Financed or Leased --595
Total Interest Cost --2202
Maintanance Cost 800020002000
Extented Warranty0--
Gas 184621333313333
Insurance 720072007200
Total Cost of Ownership 000
Remaining Equity if Any 000
Expenses per Month 000
Difference per Month -00
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By using this calculator you agree to terms and conditions. These calculators are designed to be informational and educational tools only, and when used alone, do not constitute investment or financial advice. We strongly recommend that you seek the advice of a financial services professional before making any type of investment or deciding on your financial matters. This model is provided as a rough approximation of future financial performance. The results presented by this calculator are hypothetical and may not reflect the actual growth of your own investments. We can't take into account potential lender fees, payoff schedule can be longer than in the estimation. Financialfreedom and its affiliates are not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Financialfreedom is not responsible for any human or mechanical errors or omissions.

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