Keep Old Car Or Buy New Calculator -

: A new car loses roughly 20% of its value in the first year.

A widely accepted guideline is the : If a single repair cost exceeds 50% of the car's current market value , it is generally time to replace it. For example, if your car is worth ₹2,00,000 and requires a ₹1,20,000 engine overhaul, the investment likely won't be recovered in resale value. Keep vs. Buy: The Comparison Calculator keep old car or buy new calculator

: Older cars often have lower insurance but higher fuel costs. Buying a New Car: : A new car loses roughly 20% of its value in the first year

To run a proper comparison, you must look at the "theoretical monthly cost" of both options over the next 12–24 months. Keep vs

: Use a Car Loan EMI Calculator to estimate your payment.

Deciding whether to sink money into your current vehicle or take on a new car payment is a common financial crossroads. The smartest way to decide is to move past emotions and use a framework. The 50% Rule of Thumb

: Routine oil changes, tyres, and brakes.