Ireland — car finance vs cash (simplified)
Car finance vs cash
These are example numbers — change them. Not advice.
Same car — monthly finance versus paying cash now. Which path costs less over the term? Numbers update as you type.
€
€
%
€
Optional end payment. Leave at 0 for a standard loan.
Simple APR loan model — not a dealer PCP quote. Fees, insurance, and tax ignored. Not advice.
Result
Cash costs €4,086 less over the term
Monthly payment
€606
Total out on finance
€32,086
Total out on cash
€28,000
Interest
€4,086
Cash needs €25,000 upfront from savings after deposit