How to Use These Calculators

Don't walk into a dealership unprepared. Use these tools to understand the real numbers before you negotiate.

1

True Cost Calculator

Enter the sticker price, your down payment, interest rate, and loan term. See how much you'll actually pay over time—not just the monthly payment.

2

Lease vs Buy

Compare leasing and buying side-by-side. Factor in how long you'll keep the car and see which option saves you more money.

3

Trade-In Savings

Trading in? See how much you'll save on sales tax by applying your trade-in value. This can save you hundreds or thousands.

4

Money Factor

Leasing? Dealers hide interest rates using "money factor." Convert it to APR to compare with other financing options.

Tip: Run these calculations BEFORE visiting the dealership. Print or screenshot your results to use during negotiations.
MOST POPULAR

True Cost Calculator

See what that "low monthly payment" really costs you.

Pro Tip

Dealers love stretching loans to 72-84 months to lower your payment. But watch what happens to your total cost below!

$
$5,000 $150,000
$
$0 $50,000
%
0% 25%
%
$

Your Monthly Payment

$0

Amount Financed

$0

Total You'll Pay

$0

Money Going to Interest

$0

This is money you're paying just to borrow.

What This Means For You

Adjust the values above to see how different choices affect your total cost.

See How Loan Length Affects Your Cost

Longer loans = lower payments, but you pay WAY more in total.

Lease vs Buy Calculator

Which option makes more sense for your situation?

Vehicle Information

$
$

You're saving $2,000 off MSRP

Lease

55%

Car's value at lease end: $22,000

0.00125

= 3.0% APR equivalent

$

Monthly Payment

$0

Total Cost

$0

Equity at End

$0

Buy (Finance)

6.5%
$

Monthly Payment

$0

Total Cost

$0

Equity at Lease End

$0

Quick Comparison

Trade-In Tax Savings

Your old car can save you money on taxes. Here's how much.

How Trade-In Tax Savings Work

In most states, when you trade in your old car, you only pay sales tax on the difference between the new car price and your trade-in value. It's like getting a discount on your taxes!

$
$
%

Without Trade-In

Taxable Amount: $40,000
Sales Tax: $2,800

With Trade-In

Taxable Amount: $28,000
Sales Tax: $1,960

Your Tax Savings

$840

That's money back in your pocket just for trading in!

Money Factor Decoder

Convert confusing lease money factors into real interest rates.

Dealer Markup Alert

Dealers can mark up the money factor for extra profit. Always ask "What's the buy rate?" and negotiate down to it. A tiny change in money factor can cost you hundreds!

Drag the slider or type a value like 0.00125

Quick Select Common Values

Equivalent Interest Rate (APR)

3.00%

Excellent Good Fair Poor
Good Rate

This is a reasonable rate for most buyers.

The Formula

Money Factor × 2400 = APR%

Money Factor Quick Reference

Money Factor APR Equivalent Rating What To Do
0.00042 1.0% Excellent Promotional rate - grab it!
0.00083 2.0% Excellent Great rate, take the deal
0.00125 3.0% Good Fair rate, try to negotiate lower
0.00188 4.5% Fair Ask for the "buy rate"
0.00250 6.0% Poor Definitely negotiate this down
0.00333+ 8.0%+ Very Poor Walk away or demand better

Research Before You Buy

Use these trusted resources to know the fair price and vehicle history before you negotiate.

At the dealer? Get help!