COMPLETE MONTHLY TRANSPORTATION
$1,027This scenario uses approximately 22.8% of the take-home income entered.
Amount financed$28,900
Monthly loan payment$572
Total interest$5,435
Total loan payments$34,335
Estimated purchase tax$3,900
Same price. Different terms.
| Months | Monthly loan | Total interest |
|---|
| 48 | $692 | $4,318 |
| 60 | $572 | $5,435 |
| 72 | $493 | $6,576 |
| 84 | $436 | $7,739 |
Illustrative new versus used
Entered vehicle monthly total$1,027
Used-price comparison total$804
Same rate, down payment and operating assumptions. Actual maintenance, depreciation, warranty and insurance may differ.
Loan versus lease · 48 months
Loan cash outflow, including operations$54,308
Estimated loan balance at comparison end$6,614
Assumed equity at comparison end$8,386
Lease cash outflow, including operations$43,040
Lease returns the vehicle with no ownership assumed. Mileage, damage, disposal fees and lease buyout are excluded. Resale is an input, not a forecast. Trade-in equity is an existing asset applied to the transaction, not included as new cash paid.
Monthly cost difference illustration
Entered vehicle minus used-price comparison$224
The entered vehicle has the higher monthly cost under these assumptions.
If the absolute monthly difference of $224 were contributed for 5 years at the hypothetical 3% return entered, the illustration ends at $14,450. This arithmetic does not recommend either vehicle, account for different vehicle costs or predict a return.