Which is better: a new or used vehicle?
New
Used
Interest rate
%
%
Loan term
(months)
Down payment
$
$
Years you will own vehicle
Monthly maintenance costs
$
$
Monthly Insurance costs
$
$
Registration costs
$
$
Purchase price
$
$
Vehicle age (years)
Your savings
interest rate
%
Your state & federal
tax rates
%
Future
depreciation
Low
Average
High