Buy a New Car or Keep the Old One

Editorial Note:

New Car vs. Old Car

This video is a detailed calculation of:

  • How much does it cost to keep the existing car and keep repairing it?
  • Buying a new vehicle for cash.
  • Financing a new car.
  • Leasing the new vehicle.

We ended up buying a new car. At the end of the video, you will see the actual numbers versus projected. The key to any projected model is to get your assumptions data as real as possible.

Overview

  • Keep the old Jeep Wrangler or buy a new Grand Cherokee?
  • Comparing the numbers
  • Current car assumptions
  • Current car ownership costs
  • New car assumptions
  • New car ownership costs
  • Lease costs 48 months
  • Final table
  • What actually happened

Helpful Links

Other Videos on Car Ownership

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