Our collection of car lease and loan calculators.
While the buying or leasing a new or used car seems like a common occurrence, it is a big decision. For most of us, it is the second largest purchase we will ever make during our lifetimes – and, on average, we will make this decision six times.
Adding to the complexity of this decision, a car depreciates in value over time, unlike a new home. That means the vehicle will be less valuable when it is eventually sold – something that should be carefully considered when buying a car.
LOANS VERSUS LEASING
The choice between taking out a new car loan or leasing is a important decision. Taking out a loan can mean monthly repayment costs, but you eventually own an asset. Leasing a car will lower your monthly payments, but you can fall into this cycle of always paying for a vehicle.
Car lease or loan calculators can help you compare these options, gain a better understanding of your monthly payments, or even figure out how much you can afford to spend on new or used car.
Links to our calculators:
|A Depreciation Calculator for New or Used Cars : Estimates the depreciation in a car’s value over time.||The Best Car Loan Calculator: Estimates the monthly payments on an automobile loan.|
|Vehicle Emissions Calculator: Estimates the greenhouse gas emissions, specifically carbon dioxide, produced by a car each year.||Car Loan Comparison Calculator: Compares up to five car loans, with durations that range from 36 to 84 months.|
|Car Lease Calculator: Estimates car lease payments under a variety of scenarios.||Biweekly Car Loan Calculator: Demonstrates the advantages of a biweekly (every two weeks) car loan.|
|Buy a New or Used Car Calculator: Compares the total cost of purchasing a used car versus a new one.||Zero Percent Financing Calculator: Compares a zero percent financing loan to a traditional car loan to figure out which is the better offer.|
|Buy or Lease a Car Calculator: Compares the total cost of ownership for a car lease versus purchasing the vehicle.||Electric Car Cost Comparison Calculator: Compares the cost to drive an electric car to a vehicle that runs of gasoline, petrol, or diesel fuel.|
|Fuel Efficiency Calculator: Figures out a car’s fuel efficiency as well as the cost of fuel per mile (or kilometer), monthly, and annual costs too.||Car Loan Qualifier Calculator: Determines how much you can pay for a new car based on how much you want to spend each month on your loan.|
|Total Cost of Ownership Car Calculator: Figures out a car’s total cost of ownership, or TCO.||Car or Home Equity Loan Calculator: Estimates the advantage a home equity loan may provide compared to a traditional car loan.|
Are we missing the calculator you were hoping to find? Contact us, describe what you were looking for and we will try to make it for you.
I’ve always been asked, ‘What is my favorite car?’ and I’ve always said ‘The next one.’
– Carroll Shelby – American automotive designer