New vs. Used Car Calculator


Best Auto Refinance Rates Today!

Market rates have hit a 2-year low

For the average driver, that’s like getting a $1,260 yearly raise just for filling out a 2-minute form

Check how much you can save by refinancing your auto loan today!.

New vs. Used Car Calculator is a tool to help carbuyers decide whether to buy a new car or an used car based on various costs.

New Car Used Car
Purchase Price ($)
Annual Maintenance ($)
Annual Insurance ($)
Depreciation over period (%)
Years of Ownership

Total Cost of Ownership

New Car ($) Used Car ($)
Total Maintenance $2,500.00 $4,000.00
Total Insurance $6,000.00 $5,000.00
Depreciation Loss $17,500.00 $6,000.00
Total Cost $26,000.00 $23,000.00

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