FreeByte

New vs used car calculator

The premium you pay for new.

Built and reviewed by Dovanic, Founder and editor, FreeByteLast reviewed: 2026-08-18
$
$
17%
11%

Used saves

$12,104

Depreciation on new

$21,819

With these inputs, used saves comes to $12,104 over 5 years. Depreciation on new works out to $21,819.

Depreciation on used
$9,715
Upfront difference
$14,000

Over time · by years

What moves the number · Used saves

Input−10%Now+10%
New price$9,922$12,104$14,286
Used price$13,076$12,104$11,133
New depreciation$10,591$12,104$13,498
Used depreciation$12,883$12,104$11,364
Years$11,457$12,104$12,670

Solve for an input

Whatmakesequal

Compare scenarios

Save this set of inputs, change something, then save again to compare the outcomes side by side.

The premium you pay for new.

A worked example

Starting figures

New price
$36,000
Used price
$22,000
New depreciation
17%
Used depreciation
11%
Years
5

What it returns

Used saves
$12,104
Depreciation on new
$21,819
Depreciation on used
$9,715
Upfront difference
$14,000

How to read the results

With the defaults above, used saves works out at $12,104.

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