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Car Purchase Model
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Fuel Assumption1.3Input Cells
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Risk Free Interest Rate1.400%
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Model2012 Volkwagen Jetta Tredline+2013 Toyota Corolla CE 4A2012 Toyota Prius2012 Toyota Prius C2012 Toyota Yaris 4-DR 4A2012 Toyota Yaris 5DR LE 4A2012 Toyota Matrix 4A2012 Mazda3 GX W/AC2012 Honda Civic Sedan LX2012 Honda Fit DX2013 Hyundai Accent Sedan GL2013 Hyundai Elentra GL
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MSRP21,63323,28130,73825,08821,09020,49624,86422,79623,02421,14720,43023,846
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Cash Price21,63321,78130,73825,08819,09018,24722,86420,79618,93517,75820,43023,846
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Fuel Economy (l/100km)8.106.803.803.706.406.207.407.506.406.305.905.90
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Interest Rate0.90%0.90%2.70%4.80%0.70%0.70%0.00%0.00%1.99%3.49%1.49%0.99%
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Finance Term (months)727272727272727272727272
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Downpayment Required000000000000
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Monthly Payment308.75332.28462.92405.21299.19290.77345.33322.63340326296.8341.27
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8 Year Maintenance330033003600360030003000360039003300330039003600
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Insurance Cost143014301422138314301445132014221430143814101341
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Finance Information
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Residual Value (9% Dep.)6,2246,6999,3328,1696,0325,8626,9626,5046,8546,5725,9836,88000000000000
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Total Purchase Price22,230.0023,924.1633,330.2429,175.1221,541.6820,935.4424,863.7623,229.3624,480.0023,472.0021,369.6024,571.440.000.000.000.000.000.000.000.000.000.000.00
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Interest Expense597.202,143.282,591.764,087.042,452.002,688.941,999.682,432.885,545.005,714.00939.18725.020.000.000.000.000.000.000.000.000.000.000.00
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Annual Car Payment3,705.003,987.365,555.044,862.523,590.283,489.244,143.963,871.564,080.003,912.003,561.604,095.240.000.000.000.000.000.000.000.000.000.000.00
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8 Year Depreciation16,005.6017,225.4023,997.7721,006.0915,510.0115,073.5217,901.9116,725.1417,625.6016,899.8415,386.1117,691.440.000.000.000.000.000.000.000.000.000.000.00
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Annual Depreciation2,000.702,153.172,999.722,625.761,938.751,884.192,237.742,090.642,203.202,112.481,923.262,211.430.000.000.000.000.000.000.000.000.000.000.00
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Annual Depreciation Rate9.00%9.00%9.00%9.00%9.00%9.00%9.00%9.00%9.00%9.00%9.00%9.00%#DIV/0!#DIV/0!#DIV/0!#DIV/0!#DIV/0!#DIV/0!#DIV/0!#DIV/0!#DIV/0!#DIV/0!#DIV/0!
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Annual Maintenance412.50412.50450.00450.00375.00375.00450.00487.50412.50412.50487.50450.000.000.000.000.000.000.000.000.000.000.000.00
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Annual Fuel Cost (15000km)1,579.501,326.00741.00721.501,248.001,209.001,443.001,462.501,248.001,228.501,150.501,150.500.000.000.000.000.000.000.000.000.000.000.00
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Monthly Fuel Cost131.63110.5061.7560.13104.00100.75120.25121.88104.00102.3895.8895.880.000.000.000.000.000.000.000.000.000.000.00
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8 Year Fuel Cost12,636.0010,608.005,928.005,772.009,984.009,672.0011,544.0011,700.009,984.009,828.009,204.009,204.000.000.000.000.000.000.000.000.000.000.000.00
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Annual Car Expense5,422.705,321.675,612.725,180.264,991.754,913.195,450.745,462.645,293.705,191.484,971.265,152.930.000.000.000.000.000.000.000.000.000.000.00
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Monthly Car Expense451.89443.47467.73431.69415.98409.43454.23455.22441.14432.62414.27429.410.000.000.000.000.000.000.000.000.000.000.00
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8 Year Cost43,381.6042,573.4044,901.7741,442.0939,934.0139,305.5243,605.9143,701.1442,349.6041,531.8439,770.1141,223.440.000.000.000.000.000.000.000.000.000.000.00
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