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March 7, 2008, Newsletter Issue #68: Car Finance Calculator
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Tip of the Week
If you cannot decide what type of car loan you want to obtain for your next car purchase, check out some of the various car finance calculators which are available online. In addition to the many car finance calculators which estimate a car loan payment based on annual percentage rate (APR), terms, and amount borrowed, there are plenty of other valuable calculators available to help you make a final decision.
There are calculators to assist you in deciding whether you should buy a car or instead lease one. Other calculators help you figure out if you should purchase a new or a used car. There are even calculators online which will take all of your debt into consideration and let you know if you should even be considering buying a car, based on your current financial situation. You can find all these calculators and more on financial websites like BankRate.com. They are free and easy to use, and the information they give you is invaluable.
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