Sadaf Omidy

New vs Used Car Cost Calculator

Compare the total cost of ownership between a new and a used car over the years you'll keep it.

Total Cost of Ownership (New)$25,201
Total Cost of Ownership (Used)$16,376
Estimated Savings Buying Used$8,825

Estimate only — uses typical depreciation curves (~20% year 1, ~10%/yr after for new; ~15%/yr for used). Actual value depends on make, model, mileage, and condition.

Better credit means better rates on everything above.

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