(PRWEB) January 06, 2014
A renowned financial expert who is also the founder of acalculator.com, a popular financial help website that offers free to use resources, has recently shared a detailed analysis and comparison of auto rebates and low interest financing. The expert has also helped the website develop the newly added auto rebate vs. low interest financing calculator in order to help people get a clear and calculated comparison of their options.
According to the spokesperson for the website, the new calculator was added after website experts who deal in auto loan and financing noticed an upwards trend in people interested in buying cars. “When we created the website, we had chosen a panel of experts from various areas of finance to help us. Our experts who serve in the car finance sector have indicated a rise in the number of people who want to buy cars while the economy is on the positive path. And that is why we introduced a number of tools to help them make a decision,” the spokesperson explained.
In order to make things easier for the buyers, the expert has highlighted several major differences between two of the most common options: auto rebates and low interest financing. Explaining the former he stated that rebates are offered by car dealers or manufacturers and can save the buyer a considerable amount of money and hassle. However, he also added that rebates might limit the option of models and vehicles in most cases.
Comparing auto rebates with low interest rate financing, the expert explains how it opens doors to more options. In most cases, however, the interest rate is fixed and will not allow the buyer to take advantage of the dropping market rates. “Financing does involve a lot of hassle and risks. You might end up paying more than necessary. However, rebates cannot compare with the convenience and flexibility of traditional auto financing,” the expert explains.
The website aims to cater to the rising demand of auto buyers by offering a large number of other auto loan and car buying calculators besides the auto rebate vs. low interest financing. Introduced earlier this month were the Low Interest Financing Savings and the Home Equity Loan vs. Auto Loan calculators. Others relevant tools are introduced specifically for Australia as well as Canada. For more information of these calculators and tools, please visit http://www.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 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 Number: (800) 333-0888