Not financial advice. This is a simplified decision model (not quotes/approvals). Use it to avoid instalment illusions.
What this calculator does
Baseline models: true monthly cost · 5-year ownership breakdown · instalment trap.
Use household gross if sharing costs.
Mortgage/rent, childcare, loans, family support, etc.
Optional but recommended (prevents “afford but stagnate”).
Used for a sanity hint (not a full break-even tool).
If you already know your all-in monthly number, use “Direct mode”. Otherwise use “Components mode”.
Including COE (because it’s embedded in price).
Be conservative. Optimism breaks decisions.
Short holds are timing-risk heavy.
If yes, we estimate interest drag monthly.
Enable financing to edit.
Flat → EIR conversion is an estimate.
If flat, we estimate EIR internally.
Used for payment math. Holding can be shorter.
This is a buffer, not an “average fantasy”.
Downpayment + fees you lock up.
Simple monthly opportunity cost = capital × r / 12.
These are intentionally basic. The goal is to catch fragile plans early.
If you want the actual transport break-even tool, use: Car vs Ride-Hailing Calculator.
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Next steps (use this in order)
If you’re “Grey Zone”, don’t try to win by optimism — win by structure: lower depreciation profile (cheapest-to-own profiles), or validate timing risk (buy now vs wait).