(PRWEB) October 08, 2012
These days, understanding how much a car or other big-ticket item will cost nearly requires a degree in math. With changing interest rates, different term lengths, and monthly payments to comprehend, it can be a challenge to truly understand how much a vehicle will end up costing. Understanding the true cost of a purchase after all taxes and interest and depreciation have been taken into account can help a consumer to make educated choices when purchasing a vehicle. It can also help determine if and when a car loan may be a better option.
With the recent launch of CLCalc.com’s new website, consumers can now access five different calculators that are easy to use and simple to understand. For example, to calculate a car loan, consumers are simply required to enter details such as the vehicle price, interest rate and the term of the loan into the Car Loan Calculator. Changing any of these factors will easily show the cost difference between a shorter or longer term, for example. Those looking to directly compare two different loans can take advantage of the Loan Comparison Calculator. In addition to providing easy to read visuals such as graphs and tables, CLCalc.com also provides an explanation as part of the Car Loan Refinance Calculator to help consumers understand how refinancing will affect monthly payments, pay-off date and total interest paid. In addition to these calculators, CLCalc.com also offers the Lease Calculator and Affordability Calculator to meet the needs of consumers in all situations.
Manager of marketing, Andrea Chapman shares her excitement over the website launch, saying "We've been working tirelessly over the last few months to produce what we feel is the most comprehensive set of tools available to help consumers understand their car loans. Our calculators can help you understand if an auto loan will be affordable, which loan will be the best fit for your situation or even if refinancing your car loan is a good idea."
In addition to offering loan calculators for consumers, CLCalc.com also provides convenient widgets and WordPress Plugins that can be placed on any company website to provide a quick and easy way for a business’s customers to check if a loan might be the right choice for their situation. Chapman discusses the idea behind creating the these tools, explaining "CLCalc.com's calculator widgets can be added to a dealerships website in minutes and provide a huge amount of value for their users. We'll even customize the calculators and assist with the installation process totally free of charge."
CLCalc.com aims to help consumers make more informed decisions when purchasing a vehicle through easy to use, online calculators and, additionally aid car dealerships by offering these convenient tools as widgets. For more information on how to obtain a CLCalc.com widget or to try out any of the car loan tools, visit them online at http://www.clcalc.com/.