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Total Cost of Car Ownership

Inputs

Example: 2024 Tesla Model 3

Outputs

Down Payment

$7,000

Loan Amount

$28,000

Monthly Payment

$545

Annual Insurance

$525

Annual Fuel/Electric

$1,800

10-Year Cumulative Cash Outflow

Comparative Examples

Car Example Value 10-Year Cost 5-Year Cost (If Sold) Avg. Monthly (Yrs 1-5) Avg. Monthly (Yrs 6-10)

Assumptions