Auto Loan Calculator 1

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Publisher's description of Auto Loan Calculator

From Vertex42: The free Auto Loan Calculator for Excel helps you plan your next car purchase. Calculate the amount you will need to finance, based on sales price, destination charge, fees, sales tax, down payment, cash rebate, and trade-in value of an older auto. Use the Payment Calculator worksheet to create an amortization table based on the amount you've financed. Analyze different loans to choose a suitable monthly payment and minimize the total interest.

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User reviews of Auto Loan Calculator

• Average user rating: out of 4 votes
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  Auto Loan Calculator

  Good, straightforward and functional, but a bit narrow

  by: whiskytroll on 16-May-2007 08:14:53 AM

  Pros: It's a smart method to use spreadsheets as a simple mean of calculating and displaying the results of such an important financial desicion as taking a car loan. The interface is selfexplanatory and for the greter part simple. It says that the file works only in newer Excell, but I have found that OpenOffice.org Calc (at least the version I use: 2.0.2) also manage it.

  Cons: It can be difficult to use some of the functions whithout proper knowledge about spreadsheets. The author recognize this however, and suplement links for learning about what is needed. But still it can be quite frustrating to battle whith it. It is also surprisingly narrow in it's use: one could argue that any kind of loan (particurlary big ones such as for houses or cars) is important to evaluate and compare. Certainly that is still possible in this spreadsheet, but in some cases it might force you to make changes in how the spreadsheet works, and that's not always easy.

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  Auto Loan Calculator

  Best one of many, easy to use

  by: mike21b on 25-May-2007 01:08:26 PM

  Pros: Easy to use. Enabled me to do quarterly payments, which no others were able to do.

  Cons: didn't see any

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  Auto Loan Calculator

  AWESOME!!!! HIGHLY RECOMMEND!!!!

  by: ANGELAMADDOX on 15-Nov-2007 08:00:48 AM

  Pros: I am manager of a BUY HERE PAY HERE portion of a car dealership and this software works wonderful. I simply put in the customers loan amount, their intrest rate, their payment...Boom it calculates the rest....Very user friendly....

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  Auto Loan Calculator

  Excellent Auto Loan Calculator

  by: drfunny1 on 23-Mar-2008 06:49:50 AM

  Pros: Easy to use, takes sales tax, down payment, trade-in value, and more into calculation of loan payments.

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