Why Using a Car Finance Calculator Is Important

Dec 2021

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It is easy to wake up and decide that you want to buy a car, but people often forget to consider how much they can afford to pay on a monthly basis. There are often hidden costs that all add up, and don’t even get us started on inflation and interest rates. Because of this, using a car finance calculator that can calculate all of these elements can help you make an informed decision without the risk.There are many reasons for using a car finance calculator. If you are unsure where to find the right car finance calculator, then visit our website at Citton Cars for accurate and reliable price estimates. Car finance calculators are there to protect your best interests. So, how do they work? Simply go to the car finance calculator, type in the deposit amount you are able to afford, then the number of months you’ll need to repay the car, the interest rate, and the price of the car in question. While there may be extra costs involved, this vehicle finance calculator will provide an accurate cost estimate of the expected monthly payment. Here are a few reasons why using a car finance calculator is beneficial when buying a used car: It makes life easier By using a vehicle finance calculator, you can narrow down those cars within your budget. Simply type in your preferred car brand and model to determine whether you can afford it. If you can’t, you may have to adjust your expectations. If you can, then you can move on to the next process. You won’t get swindled If you have a clear understanding of how much money you want to spend, and how much you can afford then you won’t be swayed by different dealerships telling you to bump up your budget, or potentially incurring hidden costs. Luckily this won’t be a headache when purchasing your vehicle through Citton Cars. You get a better idea of how much your car costs The car finance calculator is geared towards determining how much you can afford, and which cars are within your budget. You can set a budget and stick to it If you aren’t really sure of how much you want to spend on a car, you can use the car finance calculator to determine an accurate estimate of the potential monthly payment over a specific period. Once the budget has been determined, you won’t have to sift through hundreds of irrelevant results that are aligned with your budget. At Citton Cars, we want you to find the perfect second-hand car suited to your budget and for you to leave one of our dealerships with a smile on your face and a bounce in your step. You won’t get caught off-guard By establishing your budget and understanding how much you can afford to spend on a pre-owned car, you won’t get caught off-guard by hidden costs like interest rates. You can also decide on the loan repayment period and ensure that the dealership is in agreement. If you settle your loan within six years, the monthly payments will be far less than when trying to repay the car over a two-year period. Buying a car is all about planning your budget and making sure that you can afford your future pre-owned car. There you have it! The five reasons why using the vehicle finance calculator at Citton Cars can give you an accurate and well-informed cost estimate of the car you want to buy. Simply visit one of our two Pretoria dealerships in Gezina or Menlyn and find the right car for you. You can also do so from the comfort of your own home by visiting our website. Stay on top of things and use our resources to manage your finances. We also provide financing options if you need any help. We have on-site finance managers who are ready to help you structure the best deal with affordable payments. Citton Cars is approved by all major banks, including ABSA, WesBank, Standard Bank, Investec, MFC, Alphera Finance, and more. We have the best options at Citton Cars. We look forward to seeing you!