How long should I keep a vehicle?
Keep It
Sell Often
Years before selling
Yearly repairs
$
$
Yearly insurance
$
$
Yearly licensing
$
$
Future depreciation
Low
Average
High
Vehicle age (years)
Purchase price
$
Down payment
$
Interest rate
%
Loan term
(months)
Your savings
interest rate
%
Your state & federal
tax rates
%
Sales tax rate
%
