Normally, comparing one car buying scenario with other scenarios is extremely difficult since each comes with its own unique price, insurance costs, financing terms, MPG rating, and so on. That is, until you discovered this calculator.
This calculator will not only calculate the annual, monthly, and per mile cost of buying, owning, and operating an automobile, but it will also allow you to calculate those costs side-by-side with a second car buying scenario.
Plus, unlike other car buying and car financing calculators, this calculator will also calculate the number of hours you will need to allocate to working in order to stay current with the costs of ownership (I hope you enjoy your work).
And finally, once you have calculated the purchase and ownership costs for one or two buying scenarios, the calculator includes a printer friendly report that you can print out and use to compare with numerous other buying scenarios.
Since sellers of automobiles typically only disclose the upfront costs of buying a vehicle, you will likely be shocked at how much it costs to own and operate a motor vehicle if you account for all of the expenses that come attached to the purchase.