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Car Finance Calculator provides a unique window into the world of lease
and finance calculations by giving power to you, the user.
The Lease and Finance calculators will allow you to plug in different
pricing and payment amounts and adjust in real-time showing
instantaneous results.
You can also save lease and finance quotes for later review. Saved lease
and finance quotes can be accessed via the Quotes section.
Car Finance Calculator can be downloaded for iPhone from the App Store
today!
About
We created this app after getting frustrated when shopping for a new
car.
Dealers were very good at providing a monthly fee, but we wanted to know
more. Was this a good deal? Where was our money going? How did they come
up with this figure?
We wanted a tool that could show how our payment was calculated and how
it would change based upon the residual, money down, APR percentages or
term length.
Spreadsheets can perform the calculations, but they don't fit in your
pocket and don't enable you to easily play with the numbers to get where
you want to be.
We hope you find it useful and it helps you negotiate your next purchase
(or sale!).
Enjoy!
The Car Finance Calculator Team
info@car-finance-calc.com
Help
Car Finance Calculator is designed to be simple and easy to use. For any
questions about Car Finance Calculator please contact
info@car-finance-calc.com.
Lease Calculator
Quotes for a Lease (also called PCP) can be calculated from the 'Lease
Calculator' screen. Start by first entering the List Price (also called
MRSP) and then the Agreed Price, which is the price negotiated by you.
The Money Down/Trade in slider can be used if you are putting money down
or have a vehicle to trade in. Simple add up these values and set the
slider to the total (the minimum and maximum values for the slider can
be set in the Settings menu).
The Residual (also known as the Buy Out) is the amount you would have to
pay at the end of the term to keep the car.
The APR (Annual Percentage Rate) is basically the cost of the lease,
this rate will be provided by the dealer or manufacturer.
The Months is the length of the lease in months.
The tax rate is set in the Settings menu.
Changing options such as Down Payment or APR will adjust the calculators
in real time, so you will be able to see how the payment changes if you
put more money down or extend the lease term.
Lease quotes can be saved and retrieved from the Saved Quotes screen.
Finance Calculator
Quotes for vehicle finance (which is a loan to cover the cost of the
vehicle) can be calculated from the ‘Finance Calculator' screen. Start
by first entering the Agreed Price, which is the price negotiated by
you.
The Money Down/Trade in slider can be used if you are putting money down
or have a vehicle to trade in. Simple add up these values and set the
slider to the total (the minimum and maximum values for the slider can
be set in the Settings menu).
The APR (Annual Percentage Rate) is basically the cost of the finance,
this rate will be provided by the dealer or manufacturer.
The Months is the length of the loan in months.
The tax rate is set in the Settings menu.
Changing options such as Down Payment or APR will adjust the calculators
in real time, so you will be able to see how the payment changes if you
put more money down or extend the term.
Finance quotes can be saved and retrieved from the Saved Quotes screen.
Privacy
Results provided by Car Finance Calculator are for information only and
should not form a binding agreement. The logic used is indicative of how
financial institutions calculate finance and lease payments, but may not
produce exactly the same results. The information Car Finance Calculator
provides is only as good as the data provided to it.
Car Finance Calculator does not collect or store any personal
information about you. Quotes saved in the app are contained locally and
never leave your phone. Deleting the app from your phone will remove all
data (including all quotes and presets).
We do not collect statistics or any data regarding how you use the app,
including quote details, presets, location or anything else related to
how you have used and interacted with Car Finance Calculator.
Any information you provide to us through contacting us directly will
not be sold, traded or otherwise transferred to outside parties.