Version: 2008
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Auto Loan Calculator 1

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Publisher's description

From Vertex42:

The free Auto Loan Calculator for Excel helps you plan your next car purchase. Calculate the amount you will need to finance, based on sales price, destination charge, fees, sales tax, down payment, cash rebate, and trade-in value of an older auto. Use the Payment Calculator worksheet to create an amortization table based on the amount you've financed. Analyze different loans to choose a suitable monthly payment and minimize the total interest.

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This version is the first release on CNET Download.com.
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User reviews

  • All versions:
    3.2 stars
    out of 6 votes
    • 5 stars
      2
    • 4 stars
      0
    • 3 stars
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    • 2 stars
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    • 1 stars
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  • Current version:
    3.2 stars
    out of 6 votes
    • 5 stars
      2
    • 4 stars
      0
    • 3 stars
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    • 2 stars
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    • 1 stars
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  • My rating: 0 stars Write review
  • 2 stars

    Version: Auto Loan Calculator 1

    "Not impressed"

    by lrhata on August 1, 2010

    Pros: Nice thought

    Cons: - I changed from 24 mo to 36 mo and the payment went up! Wrong!

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  • 3 stars

    Version: Auto Loan Calculator 1

    "Very helpful."

    by jkruppa on June 15, 2009

    Pros: Just plug in the numbers and you have all the information you need.

    Cons: Must know something about spreadsheets. One or two functions are confusing.

    Summary: It is a good program but how many times do you need an auto calculator in your lifetime?

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  • 5 stars

    Version: Auto Loan Calculator 1

    "Excellent Auto Loan Calculator"

    by drfunny1 on March 23, 2008

    Pros: Easy to use, takes sales tax, down payment, trade-in value, and more into calculation of loan payments.

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  • 5 stars

    Version: Auto Loan Calculator 1

    "Best one of many, easy to use"

    by mike21b on May 25, 2007

    Pros: Easy to use. Enabled me to do quarterly payments, which no others were able to do.

    Cons: didn't see any

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  • 3 stars

    2 out of 2 people found this review helpful

    Version: Auto Loan Calculator 1

    "Good, straightforward and functional, but a bit narrow"

    by whiskytroll on May 16, 2007

    Pros: It's a smart method to use spreadsheets as a simple mean of calculating and displaying the results of such an important financial desicion as taking a car loan. The interface is selfexplanatory and for the greter part simple. It says that the file works only in newer Excell, but I have found that OpenOffice.org Calc (at least the version I use: 2.0.2) also manage it.

    Cons: It can be difficult to use some of the functions whithout proper knowledge about spreadsheets. The author recognize this however, and suplement links for learning about what is needed. But still it can be quite frustrating to battle whith it. It is also surprisingly narrow in it's use: one could argue that any kind of loan (particurlary big ones such as for houses or cars) is important to evaluate and compare. Certainly that is still possible in this spreadsheet, but in some cases it might force you to make changes in how the spreadsheet works, and that's not always easy.

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