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Thursday, October 06, 2011

Car Loan Calculator

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A friend asked me to help check out current car prices and loan terms. Most car official websites offer price specifications without financing details.  Thankfully, there are many sites offering free car loan calculator.  There are also widgets to be installed to blogs and personal web sites.  I manage to grab this one.

There are some minor glitches though. The calculated result doesn't immediately show. You'd have to click in one of the text box and press 'tab' to scroll down the boxes till you see the calculated result box. Also, the default interest rate is 7.7 while the best rate in Malaysia is around 2.65%. The maximum loan duration is only up to 6 years (72 months).





For more accurate calculators, use autoworld or mybestcardealer calculators.

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