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"This can vary quite a bit depending on the make and model of the car. Considering average rated vehicles in most satisfaction categories, a good rule of thumb is that most new cars will lose 15-25% of their value in the first year. Over the course of a typical five year auto loan, most vehicles will lose 55-70% of their original sale price."

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Many people spend a lot of time daydreaming about how much their next car will cost and how great they're going to look driving their new vehicle. Those same people are also thinking about purchasing their next new automobile. It's time to now get out your calculator for auto loans, and calculate the cost. How much will it cost to drive that fancy new sports car? How much will it cost to look good in that Honda Civic? No matter what the car, a good calculator for auto loans can tell you exactly how much you'll be paying for it.