annual purchase ast (ont ncude farce charges) srnasl inane charges onehieloats sole anaeto of annus aurance pene vehicle rena essing ens, and ene es Moen Coss Ths igyour tka mony Nowe ca expense you Nt wn 363 Isis ew mic yous be sang ea eth (ase ow e see te se (ie sew i su & vee isas ho Purchase price of car (8): feo) Vehicle's age in years (#): Years you pian to own vehicle (#) EI Number of years to calculate lifetime costs (#) 2 [BL Expocted percent return an invastmants (%) z— 2 3 4 5 6 F 8B 9 Ww Year fsb Jie Jb j6 jis |e Js jeje ve ee oe eee ee Final vehicle age in years: 5 Depreciation cost $19,220 Bi Resale value at end of ownership period: ($8478.00 {average annual deprecation percentage = average anual deprecatn cost see G1 Lifetime depreciation cost. ($196,582.00 Forfeited future value: ‘$217,856.33. ‘According to my calculations, if you purchase a new vehicle for $24,000.¢ ‘and keep the vehicle for § years, your total depreciation cost willbe $18,422.00. That's an average annual cost of $3,804 40. It you continue to purchase similar priced vehicles at similar intervals, over the cours of he next 30 years your depreciation costs wil add up to $116 532.00, Had you besn able to invest the $3,884 40 annual depreciation cost, your investmen could have been worth $217,850 30 after 30 years,