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Corvette Finance Calculator

Below is a Corvette Finance Calculator. Use this tool as a way to evaluate all the real costs of several different Corvettes, or any car for that matter! It helps you realize all the costs involved. One use, for example, would be to compare new to used. Used may seem cheaper but it depends on the condition of the Vette! This Corvette Finance Calculator helps you figure this out to the penny! Depreciation is another consideration. New cars will Depreciate faster in the first couple years! So if you found a Vette with low miles, a couple years old and in almost like new condition this calculator can help you decide the cost differences. It boils down to what is more important to you and making informed decisions!

After the Corvette Finance Calculator you will see the Loan Comparison tool. Use this tool to calculate different rates and terms to factor monthly payments.

Car Cost Comparison Calculator
When buying a car most people fail to considerALL of the expenses that will be generated by their purchase. And because nearly all carbuying scenarios come with different variables (depreciation rates, interest rates,purchase prices, insurance costs, mpg ratings, etc.), it becomes extremely difficult tocompare one buying scenario with another...until now that is. This calculator will notonly help you to forecast the REAL COST of buying and owning a car, but it will also helpyou to more accurately compare the real cost of one car buying scenario with the real costof a second car buying scenario.

Instructions: Shortcut: Fill in all the blanks in the Scenario #1 column and thenclick on"Compute Purchase & Ownership Costs." This will automaticallycopy Scenario #1 values into the Scenario #2 column.

Description Car Buying
Scenario #1
Car Buying
Scenario #2
Enter the total price of the car, including options:
Enter the applicable sales-tax percentage:
Enter the annual cost of licensing this vehicle:
Enter the cost of the extended warranty, if applicable:
Will you be financing this vehicle? ("y" or "n"):
Enter the amount of your down-payment:
Enter the financing rate (Annual Percentage Rate):
Enter the number of months financed:
Enter annual insurance premium:
Enter the number of miles you expect to drive this car per year:
Enter the vehicle's estimated Miles Per Gallon rating:
Enter the local cost of one gallon of gasoline:
How many years old is the car?:
How many years do you expect to own this car?:
Enter an estimated monthly maintenance and repair cost:
Tax, License, and Extended Warranty Costs:
Depreciation Costs:
Finance Costs:
Insurance Costs:
Fuel Costs:
Maintenance & Repair Costs:
Total cost of buying and owning the car:
Annual cost to own and operate this vehicle:
Cost per mile:
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Loan Comparison Calculator
This calculator will help you to compare the total interest charges of four different loans.

Instructions: To calculate the payment amount and the totalinterest of any fixed term loan, simply fill in the 3 left-hand cells of the first row andthen click on "compute." Use the other three rows to see what effects areproduced by changing any one of the loan's original variables.

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