How long should I keep a vehicle?

Keep ItSell Often
Years before selling
Yearly repairs
$$
Yearly insurance
$$
Yearly licensing
$$

Future depreciation

Vehicle age (years)
Purchase price
$
Down payment
$
Interest rate
%
Loan term (months)
Your savings interest rate
%
Your state & federal tax rates
%
Sales tax rate
%


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Notice: The RiverBank does not guarantee the accuracy of the results produced by these calculators. These calculators are made available as planning tools that will produce generalized results. Your individual financial circumstances are unique; therefore, results produced by these calculators should in no way be relied upon without consulting a qualified professional. The educational topics offered are only for reference purposes enabling you to familiarize yourself with various financial terms and concepts. The material provided is a general discussion on a wide range of topics related to the financial services industry. The RiverBank may or may not offer services referred in this material. As such, availability of these services is at the sole discretion of The RiverBank and may be subject to standard credit approval process.