What's Your MPG?

People consider a wide range of factors when shopping for a car. Everything from safety to color to how many people it can seat gets considered. But one often overlooked factor is miles per gallon. Use this calculator to see how fuel-efficient your car is.

Mileage Costs

Enter information about your current car, the new car you're considering, and fuel costs.

These are example values. Update them to reflect your personal situation.

Gasoline Cost Per Gallon

$1.00 $20.00

Average Miles Driven Per Day

miles

1 200 miles

Current Car MPG

MPG

5 60 MPG

New Car MPG

MPG

10 100 MPG

Loan Costs

Enter the cost of the new car and loan information.

Cost of New Car After Trade-In Value

$5,000 $100,000

Loan Payment Period (Years)

years

1 30 years

Loan Interest Rate

Your Gasoline Savings

For most car owners, a periodic stop at the gas station is part of the ownership experience. Knowing that your hard-earned money is being used efficiently brings joy to some people when they swipe their debit card.

Over the Course of the Loan

Cost per Day (Current Car)

$0.00

Cost per Day (New Car)

$0.00

Savings per Day with New Car

$0.00

Your Interest Paid

Loan Annual Payment

Loan Total Amount Repaid

These figures are estimates based on the information you have provided. Actual results may vary based on driving habits, fuel prices, and loan terms. An automobile professional may be able to help if you have questions about your car's value or current loan interest rates.

What's Your MPG?

Mileage Costs

Loan Costs

Your Gasoline Savings

Your Interest Paid

Have A Question About This Topic?

Related Content

Practical Moves to Safeguard Your Financial Progress

Consider Keeping Your Life Insurance When You Retire

Personal Finance Tips for Military Families