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Car
Cost Comparison Calculator |
When
buying a car most people fail to consider
ALL of the expenses that will be generated
by their purchase. And 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
that is. This calculator will not only help
you to forecast the REAL COST of buying and
owning a car, but it will also help you to
more accurately compare the real cost of one
car buying scenario with the real cost of
a second car buying scenario.
Shortcut:
Fill in all the blanks in the Scenario #1
column and then click on "Copy #1 to
#2." This will automatically copy Scenario
#1 values into the Scenario #2 column.
Note:
When entering numbers into the data fields
only use numbers and applicable decimal
points. Entering commas, dollar signs, or
any other non-numeric characters will cause
an error. Also please note that this calculator
has been tested to work with Netscape Navigator
3.01 web browser. However, you must have
the JavaScript option turned on. |
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Entry
Descriptions
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Car
Buying
Scenario #1
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Car
Buying
Scenario #2
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| Enter
the total price of the car, including options:
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| Enter
the applicable sales-tax percentage: |
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| Enter
the annual cost of licensing this vehicle: |
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| Enter
the cost of the extended warranty, if applicable:
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| Will
you be financing this vehicle? ("y"
or "n"): |
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| Enter
the amount of your down-payment: |
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| Enter
the financing rate (Annual Percentage Rate):
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| Enter
the number of months financed: |
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| Enter
annual insurance premium: |
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| Enter
the number of miles you expect to drive this
car per year: |
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| Enter
the vehicle's estimated Miles Per Gallon rating:
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| Enter
the local cost of one gallon of gasoline: |
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| How
many years old is the car?: |
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| How
many years do you expect to own this car?: |
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| Enter
an estimated monthly maintenance and repair
cost: |
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| Tax,
License, and Extended Warranty Costs:
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| Depreciation
Costs:
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| Finance
Costs:
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| Insurance
Costs:
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| Fuel
Costs:
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| Maintenance
& Repair Costs:
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| Total
cost of buying and owning the car:
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| Annual
cost to own and operate this vehicle:
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| Cost
per mile:
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Summary:
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