Car Buying Calculator Edmunds Online

Whether you are debating between a lease or a loan, or trying to see if that used SUV truly fits your monthly budget, here is how to leverage these professional-grade tools to gain the upper hand at the dealership. 1. The Reality Check: Car Affordability Calculator

2. The Heavy Lifter: Auto Loan & "Simplified Pricing" Calculator car buying calculator edmunds

: Instead of starting with a car, you start with your budget. You input your desired monthly payment, and the affordability calculator reverse-engineers a purchase price based on current interest rates and loan terms. Whether you are debating between a lease or

Before you fall in love with a specific model, you need to know your "buyable" range. The Heavy Lifter: Auto Loan & "Simplified Pricing"

: It prevents "payment shopping," a tactic dealers use to stretch loan terms (sometimes to 72 or 84 months) just to meet your monthly number, which ends up costing you thousands more in interest.

Two cars might have the same $35,000 price tag, but one could cost you $10,000 more over five years. The True Cost to Own® calculator is Edmunds’ proprietary tool that estimates the of owning a vehicle. What is True Cost to Own (TCO)? - Edmunds Help Center