Free Calculator

Car Buy vs Rent

Total cost of ownership - EMI + insurance + depreciation + maintenance vs rental subscription over any period.

B Buying a car

Car price (₹)

Down payment (₹)

Loan interest rate (% p.a.)

9.5%

Loan tenure (years)

5 yr

Running costs (per year)

Annual insurance (₹)

Annual maintenance & servicing (₹)

Annual fuel / charging cost (₹)

Depreciation

Annual depreciation rate (%)

15%

Resale at end of period?

R Renting / subscription

Monthly rental / subscription (₹)

Annual rental escalation (%)

Additional driver charges / extras (₹/mo)

Comparison period

Compare over (years)

5 yr

Opportunity cost rate - return on down payment if invested (% p.a.)

12%

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Adjust the inputs to compare

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This calculator provides illustrative estimates for educational purposes. It does not constitute financial or legal advice. Actual costs, depreciation, and returns will vary. Consult a qualified adviser before making purchase decisions.