Car Finance Calculator

The decision to buy a new car can be a daunting one, but it doesn’t have to be. If you go into your purchasing journey with your eyes open and with a good understanding of the basics, you’ll feel more prepared and open to asking questions.

One of the best things you can do before you reach out to sellers is to get a base estimate of what a new vehicle could cost you. For that, you need a vehicle finance calculator and ours is ideal to get you on the road to a new ride.

First, let’s look at three key benefits of using a vehicle finance calculator before we jump into some frequently asked questions about them.

1. It Helps You Budget More Accurately
   A finance calculator gives you a base estimate of your monthly car instalments, helping you determine if the vehicle you are interested in fits your budget before you apply for finance.
2. Easily Compare Loan Scenarios
   You can quickly test different vehicle prices, deposit amounts, interest rates, and repayment periods to find a repayment option that works for you.
3. It Saves Time and Reduces Surprises
   By knowing what to expect upfront, you avoid unexpected costs and can approach buyers and financial services providers with a better understanding of what you can afford.

If you want to read up more about buying a new car, please check out these articles:

• What You Need to Know About Car Finance
• Vehicle Financing 101: Key Terms To Know
• Understanding Car Financing: FAQs and Essential Tips
• Negotiating the Best Price on a New Car: Scoring a Great Deal
• What is a Good Credit Score to Buy a Car?
• Pre-Approval Car Finance - Everything You Need to Know
• Common Mistakes to Avoid When Shopping for a Car Online