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Buy or Rent Your Tempo Car Shelter?
Thinking about buying or renting your Tempo? Quickly compare long-term costs and find the smarter choice for your winter car shelter needs!
- Scenario 1: Own Your Tempo, Pay for Setup
- Scenario 2: Annual Tempo Rental Service
- Which One Is Higher (%)
Check the chart to see which option saves more over time. Compare the total costs of owning your Tempo (with setup/takedown fees) against the yearly rental fee to find the most budget-friendly choice for your car shelter needs.
Try your numbers:
The one-time cost to buy a Tempo car shelter outright. Consider this an initial investment for long-term ownership.
The cost for setting up your Tempo shelter each year. Typically applies only if you own the shelter and need professional installation.
The yearly cost to disassemble your Tempo shelter at season’s end. This applies to owned shelters needing professional takedown.
The cost of renting a Tempo shelter each year, which includes setup and takedown services provided by the rental company.
Are you sure you want to delete ": "?
- AmountAny single amount ($).
- Cash FlowRent, insurance premium, salary, ...
- Current AssetReal estate, commodity, bonds, ...
- Installment LoanMortgage, car loan, ...
- PercentageAny percentage value (%).
- Years / MonthsAny time horizon.
- AgeShow "Age" instead of "# Years from Now."
- Retirement Age (requires Age)Enable "Investment Return After Retirement."
Time Value Assumptions
Scroll up to view updated chart.
How is Cash Value calculated?
Buy the Tempo once and pay yearly for setup and takedown. Ideal if you plan to use it long-term and prefer ownership benefits.
Decisions / Expectations
(Expressions are evaluated at Year 0 only.)
Calculations
(Expressions are evaluated at every year.)
Are you sure you want to delete ": "?
- Buy AssetBuy an asset growing at its own rate.
- Take Installment LoanTake a mortgage, loan, etc.
- InvestReceive/Spend a lump sum.
- Expect to InvestExpect to receive/spend a lump sum.
- Expect Monthly Cash FlowExpect to receive/spend cash monthly.
- Expect Yearly Cash FlowExpect to receive/spend cash yearly.
- Define Variable (Numerical)Calculate an intermediate value.