Compare total cost of ownership over several years and get a clear recommendation.
Example values — edit them to match your situation.
Example values — edit them to match your situation.
Paid in cash — no financing interest.
Example values — edit them to match your situation.
Once your values are entered, run the analysis below.
This analysis is based on the assumptions you provided. Adjust the parameters to explore different scenarios.
Estimated monthly payment: $601
This decision could save you $6,118 over 5 years.
Keeping your vehicle wins mainly because the purchase price of the new vehicle exceeds the savings on fuel and maintenance.
Over 5 years and 100,000 km, the total gap is $6,118.
Results depend on the information you provide. The tool compares estimated costs (purchase, resale, maintenance, insurance, fuel) based on the assumptions you choose, and projects them across the analysis period. Changing an assumption updates the results immediately.
Decision Lab is an educational decision-support tool. Results are based on user-provided assumptions and are not financial, legal, tax, or professional advice.
Click a star to rate (1 to 5).