A financed purchase lets you own a car sooner with a small down payment (usually 20–30% of the price). But car-loan rates of 7–11% a year, plus the mandatory physical-damage insurance, make the opportunity cost of the borrowed money significant.
A simple rule: if the loan interest exceeds what you could earn on that money, consider paying cash. ViDrive separates the loan interest from the rest of ownership cost so you can see the gap clearly.
Use the loan feature in the TCO tool to see your monthly instalment and the total interest you would pay.