Should I Sell My Car to Save Money? - THE FRUGAL MIND
 Share
The version of the browser you are using is no longer supported. Please upgrade to a supported browser.Dismiss

 
View only
 
 
ABCDEFGHIJKLMNOPQRSTUVWXYZ
1
Should I Sell My Car to Save Money? Estimator
2
3
Directions
Input into yellow boxes only!
4
5
Total Purchase Price of Current Car (including taxes & interest)
6
Balance I Owe on Car
7
Trade in to Dealer Value (Kelley Blue Book)
8
MPG on Current Car
9
MPG on New Car 1
10
MPG on New Car 2
11
© THE FRUGAL MIND
12
Cost of Ownership
13
14
Current CarNew Car 1New Car 2Auto Trader
15
ExampleWith LoanNo LoanNo LoanNo Loan
16
Loan payment per month$242$0$0$0
No loan for new car assuming full payment for any price differences.
17
Gas per month$103#DIV/0!#DIV/0!
Gas estimates are calculated using MPG inputted above.
18
Insurance per month$86
19
Maintenance per month$25
20
Registration per month$18
21
Parking per month$0
22
Total Cost per month$474$0$0#DIV/0!#DIV/0!
23
Years of Car Life Left (X)
i.e., if you have 120k/200k miles left to drive on your car and drive 10k miles/yr: 120/10 = 12 years
24
Future Cost of Current Car$0$0
25
Price of New Car
26
Total Cost after (X) Years$0#DIV/0!#DIV/0!
27
© THE FRUGAL MIND
28
29
How Much I've Spent on Current Car
30
31
Months of Car Ownership
32
Paid off$0
33
Gas$0
34
Insurance$0
35
Maintenance$0
36
Registration$0
37
Parking$0
38
Total Spent$0
39
© THE FRUGAL MIND
40
41
Copyright 2018 © THE FRUGAL MIND. For personal use only.
42
thefrugalmind.com
43
http://thefrugalmind.com/sell-car-save-money-cost-estimator/
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100
Loading...
 
 
 
Estimator (With Loan)
Estimator (No Loan)
Example: JJ's Car
 
 
Main menu