Your
Name |
|
|
|
Car Purchase |
|
General Assumptions |
|
|
Cost of Fuel |
$2.7999 |
|
% Fuel Cost Increases/Year |
5% |
|
Miles Driven/Year |
20000 |
|
Years of Ownership |
5 |
|
|
Table
of Repair Costs/Year |
|
Miles on Vehicle |
Repair Cost |
|
15000 |
$- |
|
25000 |
$100.00 |
|
50000 |
$250.00 |
|
75000 |
$400.00 |
|
100000 |
$450.00 |
|
125000 |
$575.00 |
|
|
Per
Vehicle Assumptions |
Subaru Outback |
Toyota Rav4 |
Yearly Insurance |
|
$1,650.00 |
$1,750.00 |
Miles of Warranty |
|
50000 |
70000 |
Maintenance/Mile |
|
$0.03 |
$0.07 |
Miles/Gallon |
|
39 |
37 |
Loan Term |
|
4 |
4 |
Purchase Price |
|
$29,999.00 |
$26,500.00 |
Monthly Payment |
|
$692.56 |
$625.70 |
Total Miles
Over Warranty to Drive |
50000 |
30000 |
Gallons of
Gasoline Per Year |
512.8205128 |
540.5405405 |
Purchase
Price Plus Interest |
$33,242.67 |
$30,033.60 |
Total Insurance |
|
$8,250.00 |
$8,750.00 |
Fuel Year 1 |
|
$1,435.85 |
$1,513.46 |
Fuel Year 2 |
|
$1,507.64 |
$1,589.13 |
Fuel Year 3 |
|
$1,583.02 |
$1,668.59 |
Fuel Year 4 |
|
$1,662.17 |
$1,752.02 |
Fuel Year 5 |
|
$1,745.28 |
$1,839.62 |
Cost of Maintenance |
|
$3,000.00 |
$7,000.00 |
Cost Repairs Year 1 |
|
$- |
$- |
Cost Repairs Year 2 |
|
$100.00 |
$100.00 |
Cost Repairs Year 3 |
|
$250.00 |
$250.00 |
Cost Repairs Year 4 |
|
$400.00 |
$400.00 |
Cost Repairs Year 5 |
|
$450.00 |
$450.00 |
Total
Cost of Ownership |
$53,626.63 |
$55,346.42 |
Least Expensive |
|
$53,626.63 |
|
Most Expensive |
|
$55,346.42 |
|
Chart |
|