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 priceRs 10,00,000
Loan amountRs 8,00,000
Monthly EMIRs 16,607
Interest paid over 3 yearsRs -2,02,159
Estimated resale valueRs 6,50,000
Net cost of ownershipRs 1,47,841
Used aspirational upgrade
Scenario BIndicative price bandRs 9,00,000 - Rs 11,00,000
Loan amountRs 8,00,000
Monthly EMIRs 17,594
Interest paid over 3 yearsRs -1,66,613
Extra maintenanceRs 45,000
Estimated resale valueRs 7,50,000
Net cost of ownershipRs 1,28,387
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Based on these assumptions, the used upgrade is cheaper to own by about Rs 19,454 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.