CarArth Smart Tool
New vs Used Car Calculator India
Compare EMI, depreciation, resale value and maintenance assumptions before deciding whether to buy new or choose a verified used upgrade.New vs Used Car Calculator
Compare ownership cost at the same budget
Model a brand-new entry-segment car against a well-maintained used upgrade using EMI, depreciation, resale value and extra maintenance assumptions.
Budget and finance assumptions
Ownership horizon and depreciation
New compact sedan
Scenario AOn-road price₹10,00,000.00
Loan amount₹8,00,000.00
Monthly EMI₹16,606.68
Interest paid over 3 years₹1,61,346.77
Outstanding loan payoff₹3,63,506.14
Estimated resale value₹6,50,000.00
Net cost of ownership₹5,11,346.77
Used aspirational upgrade
Scenario BIndicative price band₹9,00,000.00 - ₹11,00,000.00
Loan amount₹8,00,000.00
Monthly EMI₹17,594.09
Interest paid over 3 years₹2,09,005.53
Outstanding loan payoff₹3,75,618.43
Extra maintenance₹45,000.00
Estimated resale value₹7,50,000.00
Net cost of ownership₹5,04,005.53
check_circle
Based on these assumptions, the used upgrade is cheaper to own by about ₹7,341.24 over 3 years.
This calculator is for education and planning only. Interest rates, on-road prices, resale values and maintenance costs vary by city, lender, variant and vehicle condition.