Diesel vs Petrol CAR

Which Car to buy? Confused? This simple tool might help! Change values to your requirements and decide.

Year | Total expenses(Petrol) | Total expenses(Diesel) |
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**Note:** This comparison doesn't include the variation in fuel prices. these values are provided for indicative purpose only.

Car price = Cash in hand + Loan amount

Less loan amount and less EMI if Petrol Car,

Petrol loan amount = (Loan amount - (diesel car price-petrol car price))

Loan interest paid = (EMI * n) - Loan amount

where n is loan term in months

Total Car price = Onroad price + Loan interest paid

Fuel price per year = (monthly average * 12 * price per ltr) / mileage

Total expenses till y^{th} year = Total Car price + Fuel price per year * y

Where:

P = Principal amount(Loan amount),

r = Rate of interest(if interest is 12%, then rate of interest is 12/12/100 = 0.01)

n = Term in months