Use this car payment calculator to estimate month-to-month payments on your subsequent new or used auto loan. For example, if you buy a vehicle at $30,000 with cash rebate of $2,000, sales tax is calculated primarily based on $30,000 instead of $28,000. You are paying for the accounting value of the car over a specific period – this is called its depreciation value – and not for the sales price tag of the car, when you lease it. You do nevertheless have to spend interest, tax and charges.

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