Car Cost Calculator
This car cost calculator figures the true cost cost of ownership for running either one car or comparison between two cars.
This calculator makes it easy to compare car costs on totally different deals from new to used factoring in all the relevant expenses (depreciation rates, interest rates, purchase prices, insurance costs, mpg ratings, etc.).
To calculate costs for a single car click on the "Single Car Calculation" radio button, fill in the left-hand column with the vehicle cost data and then click the "Calculate Car Cost" button. To compare two cars click on the "Double Car Calculation" radio button, fill in the both columns data and then click the "Calculate Car Cost" button. If both vehicles have similar data, you can fill in the first column with the "Single Car Calculation" radio button selected, and then click on the "Copy Car #1 Entries to Car #2" button to fill in the right-hand column (be sure to switch to the "Double Car Calculation"). Then just change any cells that are different before calculating.
The True Cost Of Owning A Car
Owning a car is one of the major purchases in your life next to buying a home. It is exciting to buy a new car but as a consumer you should know the true cost of owning a car. The money you paid to the car financing company is not the real price tag of the car. There are other expenses associated to owning a car like fuel cost, depreciation expense, repairs and maintenance, etc. To determine the real price tag of the car, calculate the cost and compare the cars using the car cost calculator.
Understand The Cost Of Owning A Car
It is important to understand the costs of your car before making a purchase so you can be readily prepared financially and decide which car gives you maximum value. Be an informed consumer by understanding the costs associated in buying a car.
Annual License Fee
Extended Warranty Cost
Car Insurance Premium
Repairs and Maintenance
When buying a car, do not focus merely on the price and the payment you made to the car dealer. Consider the additional costs in owning a car and calculate the real cost of owning. Be a wise consumer. Calculate and compare prices of the car to determine which vehicle best fits your budget. The above car cost calculator will help you determine which vehicle saves you money to make your buying experience more enjoyable.
Car Cost Calculator Terms And Definitions
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