Used vs new car

More about: Used vs new car

What it calculates

The “Used vs new car” calculator computes Extra cost of a new car in $ from 7 parameters: ownership period (years), new car price ($), new car depreciation per year (%), new car maintenance per year ($), used car price ($), used car depreciation per year (%), used car maintenance per year ($).

A handy everyday calculator for daily tasks.

Example calculation

With parameters Ownership period = 5 years, New car price = 2,500,000 $, New car depreciation per year = 15 %, New car maintenance per year = 30,000 $, Used car price = 1,300,000 $, Used car depreciation per year = 10 %, Used car maintenance per year = 70,000 $ the result is 658,374 $ (Prices are approximate — enter your own).

How to use

1. Enter ownership period, new car price, new car depreciation per year, new car maintenance per year, used car price, used car depreciation per year and used car maintenance per year — each field above is adjustable with a slider.
2. Extra cost of a new car ($) is calculated automatically as you type.
3. Check the worked example below to see the formula applied to real numbers.
4. Copy the result or bookmark this calculator.

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