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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Keep Old Car Cash Finance
Purchase Price 0 0 0
Trade In Value - 0 0
Down Payment (if sell privately) - 0 0
Additional Down Payment: - 1000 1000
Sales Tax - 0 0
Total Cost - 0 0
Additional Cash Needed - 26346 26346
Payment if Financed or Leased - - 595
Total Interest Cost - - 2202
Maintanance Cost 8000 2000 2000
Extented Warranty 0 - -
Gas 18462 13333 13333
Insurance 7200 7200 7200
Total Cost of Ownership 0 0 0
Remaining Equity if Any 0 0 0
Expenses per Month 0 0 0
Difference per Month - 0 0
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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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