Gap at 24 months
$13,958
- Repair.
- Repair: $248 a month. Replace: $830 a month.
- Replacing saves $16 a month on fuel.
- Repair stays cheaper for 10 years.
12,000 miles a year. Gas $3.20. Electricity 17 cents a kWh. 7.0% APR. 60 months. 6% sales tax on the price.
| Period | Repair a month | Replace a month | Gap in total | Cheaper |
|---|---|---|---|---|
| 12 months | $373 | $960 | $7,039 | Repair |
| 24 months | $248 | $830 | $13,958 | Repair |
| 36 months | $206 | $786 | $20,877 | Repair |
- Fuel now
- $123 a month
- Fuel, new car
- $107 a month
- New car price
- $31,195
- Loan
- $593 a month, 60 months
What this cannot tell you
Cash cost only. The new car's resale value is not counted.
Future repairs on the old car are not counted.
- 2 or more sources
- 1 source
- Model-level, rule or estimate
Price and payments: more tools
- What is the monthly payment?Payment by trim, rate and term.
- How much car can I afford?Car price from your income and budget.
- 0% financing or the cash rebate?Which deal costs less over the loan.
- What does rolling negative equity cost?Cost of rolling an old loan into a new one.
- How much value does a car lose?Used values and resale by year.
- What changed each year?Price, power and mpg for each model year.
- Is better mpg worth a higher price?Payback years of a higher price for better mpg.