(PRWEB) December 22, 2013
Launched earlier this year, acalculator.com is a website created and managed by a panel of financial experts. Continuing the tradition of sharing free to use financial help, one of the experts from the website has recently answered one of the major dilemmas of Canadian car buyers. Based on the expert’s knowledge and experience, the website introduces an Auto Rebate vs. Low Interest Financing calculator.
The spokesperson for the website stated that the decision to add the calculator was made after the website experts analyzed the current situation of the auto industry. Sharing some background regarding the financing options available in Canada, the spokesperson said, “Just a few years ago, we did not have as many options as we have today. While these options are there to help the buyers, they actually end up making them more confused. Not only are banks offering various financing options, the manufacturers have too started to offer rebates for buyers. Every option has its advantages but consumers must be able to find out one that is best for them.”
The Auto Rebate vs. Low Interest Financing calculator is designed to serve this purpose. By taking in simple input values such as total price, interest rate, trade allowance, etc., the calculator will show the difference between both the options. The difference also depends greatly from manufacturer to manufacturer and financer to financer. Therefore, suggests the spokesperson, it is not possible to term one option as better than another.
Explaining some points of differences between rebates and low interest rate financing, the spokesperson revealed that rebates are beneficial in the long-term as they considerably lower the overall balance. Low interest rate financing on the other hand can effectively lower the amount of monthly payment. Therefore, the spokesperson stressed the importance of choosing an option that is best suitable according to personal preferences and current financial standing.
For those who choose financing over rebates, the spokesperson also recommended the usage of the auto loan calculator. The simple to use calculator is designed to support the user’s decision by helping them in a circumspective budget planning.
All the calculators available for the US, Canada and Australia are completely free to use. Companyies who wish to benefit from the White Label service can enjoy customized calculators for a small subscription fee. For more information regarding the calculators and services offered by the website, please visit, http://www.acalculator.com.
About acalculator.com
Acalculator.com is a leading financial help website that offers budgeting and financial calculation tools for free. The website currently features 300 different calculators ranging from mortgage calculators to long term care calculators. The website caters to users from the USA, Canada and Australia by providing them essential tools to help them plan their financial future. To contact them, please use the following details:
Contact Details
Web: http://www.acalculator.com
Contact Number: (800) 333-0888