Enter Values below

Diesel Car OTR Cost 700,000 Rs

Petrol Car OTR Cost 610,000 Rs
Diesel Fuel Cost 40.00 Rs/litre
Petrol Fuel Cost 54.00 Rs/litre
Diesel Car FE Highway 20.0 kms/litre
Petrol Car FE Highway 15.5 kms/litre
Diesel Car FE City 15.0 kms/litre
Petrol Car FE City 11.0 kms/litre
Diesel Car Service Period (service interval) 15,000 kms
Petrol Car Service Period (service interval) 15,000 kms
Diesel Car Cost per service 2,500 Rs
Petrol Car Cost per service 2,000 Rs
Diesel Car extra Maintenance cost if any 5,000 Rs
Petrol Car extra Maintenance cost if any 2,500 Rs
Highway Kms in a month 600 kms
City Kms in a month 1,000 kms
No. of Years of Possession of Car 5.00 Years
Resale value of Diesel car after that many years 350,000 Rs
Resale value of Petrol car after that many years 305,000 Rs
Insurance Cost for diesel car for remaining years 55,000 Rs
Insurance Cost for petrol car for remaining years 43,000 Rs
Rate of Interest if investing for that many years 7.00% Percent
Inputs
Optional Inputs
Outputs
Assumptions:
1
2
3
4
5
Resale value has been entered as exactly half of the original purchase price after 5 years, it can be changed in that cell.
Insurance costs will be higher for diesel car compared to petrol because of original cost of the diesel car being higher.
More of City vs Highway travelling would effect how sooner you can start realising those gains.
Current diesel & petrol prices have been considered, so over years govt decisions on subsidised fuel may play a major role later.
When a car is sold at the end of say 5 years, the amount saved initially by chosing petrol matures after 5 years.
Calculated Values Below
Difference in cost 90,000 Rs
Difference amount after investing for that many years 126,230 Rs
Diesel Car Maintenance cost per km 0.22 Rs
Petrol Car Maintenance cost per km 0.16 Rs
Diesel Car Total Maintenance cost 21,000 Rs
Petrol Car Total Maintenance cost 15,300 Rs
Diesel Car Fuel Cost per km Highway 2.00 Rs
Petrol Car Fuel Cost per km Highway 3.48 Rs
Diesel Car Fuel Cost per km City 2.67 Rs
Petrol Car Fuel Cost per km City 4.91 Rs
Diesel Car Actual Cost per km 2.64 Rs
Petrol Car Actual Cost per km 4.53 Rs
Kms clocked per year (highway + city) 19,200 kms
Total Kms clocked in that many years 96,000 kms
Diesel Car Total Fuel Cost 232,000 Rs
Petrol Car Total Fuel Cost 419,965 Rs
Difference in Total Fuel cost 187,965 Rs
Diesel Car Total Running Cost (includes insurance) 308,000 Rs
Petrol Car Total Running Cost (includes insurance) 478,265 Rs
Difference In Total Running Cost 170,265 Rs
Diesel Car Actual Cost of ownership 658,000 Rs
Petrol Car Actual Cost of ownership 657,035 Rs
Difference in cost of ownership -965 Rs
Kms on the ODO when diesel gains start to show up Not yet keep driving kms
Resale value has been entered as exactly half of the original purchase price after 5 years, it can be changed in that cell.
Insurance costs will be higher for diesel car compared to petrol because of original cost of the diesel car being higher.
More of City vs Highway travelling would effect how sooner you can start realising those gains.
Current diesel & petrol prices have been considered, so over years govt decisions on subsidised fuel may play a major role later.
When a car is sold at the end of say 5 years, the amount saved initially by chosing petrol matures after 5 years.
Enter Values below
Diesel Car OTR Cost 700,000 Rs
Petrol Car OTR Cost 610,000 Rs
Diesel Car Actual Cost Down payment + All EMIs 764,647 Rs
Petrol Car Actual Cost Down payment + All EMIs 660,102 Rs
Diesel Fuel Cost 40.00 Rs/litre
Petrol Fuel Cost 54.00 Rs/litre
Diesel Car FE Highway 20.0 kms/litre
Petrol Car FE Highway 15.5 kms/litre
Diesel Car FE City 15.0 kms/litre
Petrol Car FE City 11.0 kms/litre
Diesel Car Service Period (service interval) 15,000 kms
Petrol Car Service Period (service interval) 15,000 kms
Diesel Car Cost per service 2,500 Rs
Petrol Car Cost per service 2,000 Rs
Diesel Car extra Maintenance cost if any 5,000 Rs
Petrol Car extra Maintenance cost if any 2,500 Rs
Highway Kms in a month 600 kms
City Kms in a month 1,000 kms
No. of Years of Possession of Car 5.00 Years
Resale value of Diesel car after that many years 350,000 Rs
Resale value of Petrol car after that many years 305,000 Rs
Insurance Cost for diesel car for remaining years 55,000 Rs
Insurance Cost for petrol car for remaining years 43,000 Rs
Rate of Interest if investing for that many years 7.00% Percent
Loan Details
Down Payment from your end 300,000 Rs
Diesel Car Loan Amount 400,000 Rs
Petrol Car Loan Amount 310,000 Rs
Rate of Interest of Loan 10.00 %
Tenure of Loan in years 3.00 Years
Total Interest paid for Diesel Car 64,647 Rs
Total Interest paid for Petrol Car 50,102 Rs
Month Opening Principal EMI (D) Principal
Sep-14 400,000 12,907 9,574
Oct-14 390,426 12,907 9,653
Nov-14 380,773 12,907 9,734
Dec-14 371,039 12,907 9,815
Jan-15 361,224 12,907 9,897
Feb-15 351,328 12,907 9,979
Mar-15 341,349 12,907 10,062
Apr-15 331,286 12,907 10,146
May-15 321,140 12,907 10,231
Jun-15 310,910 12,907 10,316
Jul-15 300,594 12,907 10,402
Aug-15 290,192 12,907 10,489
Sep-15 279,703 12,907 10,576
Oct-15 269,127 12,907 10,664
Nov-15 258,463 12,907 10,753
Dec-15 247,710 12,907 10,843
DIESEL
Jan-16 236,867 12,907 10,933
Feb-16 225,934 12,907 11,024
Mar-16 214,910 12,907 11,116
Apr-16 203,794 12,907 11,209
May-16 192,586 12,907 11,302
Jun-16 181,284 12,907 11,396
Jul-16 169,887 12,907 11,491
Aug-16 158,396 12,907 11,587
Sep-16 146,809 12,907 11,683
Oct-16 135,126 12,907 11,781
Nov-16 123,345 12,907 11,879
Dec-16 111,466 12,907 11,978
Jan-17 99,488 12,907 12,078
Feb-17 87,410 12,907 12,178
Mar-17 75,232 12,907 12,280
Apr-17 62,952 12,907 12,382
May-17 50,570 12,907 12,485
Jun-17 38,084 12,907 12,590
Jul-17 25,495 12,907 12,694
Aug-17 12,800 12,907 12,800
Total 464,647 400,000
Calculated Values Below
Difference in cost in terms of paying EMI 104,546 Rs --->
Difference amount after investing for that many years 132,761 Rs --->
Diesel Car Maintenance cost per km 0.22 Rs
Petrol Car Maintenance cost per km 0.16 Rs
Diesel Car Total Maintenance cost 21,000 Rs
Petrol Car Total Maintenance cost 15,300 Rs
Diesel Car Fuel Cost per km Highway 2.00 Rs
Petrol Car Fuel Cost per km Highway 3.48 Rs
Diesel Car Fuel Cost per km City 2.67 Rs
Petrol Car Fuel Cost per km City 4.91 Rs
Diesel Car Actual Cost per km 2.64 Rs
Petrol Car Actual Cost per km 4.53 Rs
Kms clocked per year (highway + city) 19,200 kms
Total Kms clocked in that many years 96,000 kms
Diesel Car Total Fuel Cost 232,000 Rs
Petrol Car Total Fuel Cost 419,965 Rs
Difference in Total Fuel cost 187,965 Rs
Diesel Car Total Running Cost (includes insurance) 308,000 Rs
Petrol Car Total Running Cost (includes insurance) 478,265 Rs
Difference In Total Running Cost 170,265 Rs
Diesel Car Actual Cost of ownership 722,647 Rs
Petrol Car Actual Cost of ownership 700,605 Rs
Difference in cost of ownership -22,042 Rs
Kms on the ODO when diesel gains start to show up Not yet keep driving kms
Assumptions:
1
Inputs 2
Optional Inputs 3
Outputs 4
5
Interest Closing Principal
3,333 390,426
3,254 380,773
3,173 371,039
3,092 361,224
3,010 351,328
2,928 341,349
2,845 331,286
2,761 321,140
2,676 310,910
2,591 300,594
2,505 290,192
2,418 279,703
2,331 269,127
2,243 258,463
2,154 247,710
2,064 236,867
DIESEL
Resale value has been entered as exactly half of the original purchase price after 5 years, it can be changed in that cell.
Insurance costs will be higher for diesel car compared to petrol because of original cost of the diesel car being higher.
More of City vs Highway travelling would effect how sooner you can start realising those gains.
Current diesel & petrol prices have been considered, so over years govt decisions on subsidised fuel may play a major role later.
EMI Difference has to be considered and if invested will fetch returns
1,974 225,934
1,883 214,910
1,791 203,794
1,698 192,586
1,605 181,284
1,511 169,887
1,416 158,396
1,320 146,809
1,223 135,126
1,126 123,345
1,028 111,466
929 99,488
829 87,410
728 75,232
627 62,952
525 50,570
421 38,084
317 25,495
212 12,800
107 0
64,647 Total
Difference in monthly EMI 2,904
Total Difference = emi x 12 months x no. of years 104,546
Future Value if EMI difference invested monthly for duration of loan 115,959
If above lump sum invested for remainder of life of car 132,761
Opening Principal EMI (P)
310,000 10,003
302,581 10,003
295,099 10,003
287,556 10,003
279,949 10,003
272,279 10,003
264,545 10,003
256,747 10,003
248,884 10,003
240,955 10,003
232,960 10,003
224,899 10,003
216,770 10,003
208,573 10,003
200,309 10,003
191,975 10,003
PETROL
Resale value has been entered as exactly half of the original purchase price after 5 years, it can be changed in that cell.
Insurance costs will be higher for diesel car compared to petrol because of original cost of the diesel car being higher.
More of City vs Highway travelling would effect how sooner you can start realising those gains.
Current diesel & petrol prices have been considered, so over years govt decisions on subsidised fuel may play a major role later.
EMI Difference has to be considered and if invested will fetch returns
183,572 10,003
175,099 10,003
166,555 10,003
157,940 10,003
149,254 10,003
140,495 10,003
131,663 10,003
122,757 10,003
113,777 10,003
104,723 10,003
95,592 10,003
86,386 10,003
77,103 10,003
67,743 10,003
58,305 10,003
48,788 10,003
39,191 10,003
29,515 10,003
19,758 10,003
9,920 10,003
360,102
Principal Interest
7,419 2,583
7,481 2,522
7,544 2,459
7,607 2,396
7,670 2,333
7,734 2,269
7,798 2,205
7,863 2,140
7,929 2,074
7,995 2,008
8,061 1,941
8,129 1,874
8,196 1,806
8,265 1,738
8,334 1,669
8,403 1,600
PETROL
Resale value has been entered as exactly half of the original purchase price after 5 years, it can be changed in that cell.
Insurance costs will be higher for diesel car compared to petrol because of original cost of the diesel car being higher.
More of City vs Highway travelling would effect how sooner you can start realising those gains.
Current diesel & petrol prices have been considered, so over years govt decisions on subsidised fuel may play a major role later.
EMI Difference has to be considered and if invested will fetch returns
8,473 1,530
8,544 1,459
8,615 1,388
8,687 1,316
8,759 1,244
8,832 1,171
8,906 1,097
8,980 1,023
9,055 948
9,130 873
9,206 797
9,283 720
9,360 643
9,438 565
9,517 486
9,596 407
9,676 327
9,757 246
9,838 165
9,920 83
310,000 50,102
Closing Principal
302,581
295,099
287,556
279,949
272,279
264,545
256,747
248,884
240,955
232,960
224,899
216,770
208,573
200,309
191,975
183,572
PETROL
Resale value has been entered as exactly half of the original purchase price after 5 years, it can be changed in that cell.
Insurance costs will be higher for diesel car compared to petrol because of original cost of the diesel car being higher.
More of City vs Highway travelling would effect how sooner you can start realising those gains.
Current diesel & petrol prices have been considered, so over years govt decisions on subsidised fuel may play a major role later.
EMI Difference has to be considered and if invested will fetch returns
175,099
166,555
157,940
149,254
140,495
131,663
122,757
113,777
104,723
95,592
86,386
77,103
67,743
58,305
48,788
39,191
29,515
19,758
9,920
0
Total