New vs. Used Car Calculator

Best Auto Refinance Rates 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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