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Use this free calculator to compare auto, truck or van loans and other car buying scenarios.

When buying a car most people fail to consider ALL of the expenses that will be generated by their purchase. Because nearly all car buying scenarios come with different variables (depreciation rates, interest rates, purchase prices, insurance costs, mpg ratings, etc.), it becomes extremely difficult to compare one buying scenario with another until now . . .

This calculator will help you to forecast the REAL COST of buying and owning a car and it will help you compare the cost of one car versus another!

Shortcut: Fill in all the blanks in the Scenario #1 then click on "Compute" to automatically copy the values into the Scenario #2 column. (Do not use commas)

Car Buying Scenario #1

Car Buying Scenario #2

Enter the total price of the car, including options:

Enter the applicable sales-tax percentage: (ex: 8.0)

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: (ex: 3000)

Enter the APR financing rate: (ex: 7.5)

Enter the number of months financed: (24, 36, 48 etc)

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 gasoline:

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:

These values are automatic once you click the compute button!

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: (a number such as $80646 = $806.46)


Rich's Enterprises, L.L.C., Prattville, Alabama

Personal Finance Loans >> Calculators >> Auto Loan Comparison Calculator