When shopping for a new vehicle, staying on budget is probably your top priority. Here at Automotive Avenues, we understand the value of a hard-earned dollar, so we provide affordable pre-owned models to ensure you can upgrade your commute from Toms River to Trenton without breaking the bank. Along with that, we offer shopping tools, like our monthly car payment calculator above, to help guide you to the ideal purchase. Read on below to learn about how to use our car finance calculator!
How to Use Our Monthly Car Payment Calculator
While car shopping can feel overwhelming, our car finance calculator is easy to use. You can customize your payments by adjusting the following fields in our monthly car payment calculator:
Vehicle Price: If you have a particular vehicle in mind, add its price to this field.
Interest Rate: This figure can range quite a bit based on your own credit history. If you want to see what you qualify for, get pre-approved with our online financing application.
Loan Term: The loan term represents the number of months over which you agree to make car payments.
Down Payment: Determining how much you can afford to put down is crucial. Your down payment reduces your loan size and thus, the amount of money you’ll pay in interest.
Trade-In Value: If you plan to sell your current vehicle, you can either add the value to your down payment or take the cash!
Once you have all of these categories filled out, hit the CALCULATE PAYMENTS button to get an estimate of what your car bill will look like. From there, you can search for different models or adjust the loan term until you find a payment that suits your budget!
Use Our Car Payment Payoff Calculator Today!
Automotive Avenues is here to help you find the perfect vehicle for your Howell Township travels. From sleek pre-owned sedans to rugged used trucks, we have the options you need. If you have any lingering car shopping questions, contact us at your convenience. Our financiers are happy to help!