Auto Loan Calculator

To understand the total cost of a vehicle, you need to consider other expenses, like insurance, repairs, and maintenance.

The cost of car insurance is often the most expensive part of car ownership. In California, the average annual cost of car insurance is $2,110.00, but the actual cost varies per vehicle model.

The average cost to repair and maintain a vehicle is around $900 per year. Factors that can affect your car maintenance costs include:

Driving habits
Climate
Mileage
Road conditions
City versus highway driving

Keep these costs in mind when considering an auto loan.

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For more information about these these financial calculators please visit: Financial Calculators from KJE Computer Solutions, Inc.

Redwood Credit Union

Calculations, rates, and terms are provided for demonstration purposes only. Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.