The description of CarBux - car lease, car loan & payments calculator
CarBux is an unique car lease and a car loan calculator that dares to provide “BUY” or “DO NOT BUY” recommendation. Use its powerful deal analyzers to find out if you are getting a good car deal on new or used cars. Analyze car deals in real time and get helpful tips or recommendations during the negotiations. Evaluate short and long term financial impact of a car purchase. Calculate the usual financial details of a car loan or car lease like: monthly car payment, the down payment, the out of pocket expenses, and the total cost of a car lease or a car loan. The app provides very close approximation of what your final invoice may look like.
Car loans and car leases are simplified into four distinct sections: acquisition, financing, initial costs and dealer fees. Provide data for each of the sections. Our algorithms analyze the data in real time. The results from the analysis of all sections are combined for an overall deal recommendation and payment summary.
CarBux will provide "BUY" or "DO NOT BUY" recommendation based on the accuracy and the completeness of the input data. The loan and lease analyzers monitor some well-known patterns and popular techniques applied by car dealers to ensure that the app users are protected by common mistakes. Bright colored tiles and colored flags signal potential pitfalls, provide negotiation tips and quick access to the corresponding input forms for correction.
• “buy” or “do not buy” recommendation and visual gadget
• real time monthly payment calculations and recommendation
• bright colored flags mark the car deal pitfalls
• compare car deals side by side
• car lease or loan affordability analysis
• very close approximation to the actual monthly payment
• comprehensive financing calculations
• action bar packed with useful shortcuts and menus
• make an email offer
• share deal details with a friend or relative over email
Calculate the car lease or loan monthly payment, the total cost of lease or purchase, total interest paid, the effective interest rate, amortization schedule, remaining principal balance, interest paid, initial or acquisition costs, amount paid at signing, deal discount, annual charges, depreciation and amortization, and many others.
We refine the user experience in each release striving for simplicity and ensuring power and accuracy. Simple app intro provides the essential steps of how to use the app. Several input forms with small number of data fields collect the essential deal information and can be completed at the user pace. Flags summary displayed on the top bar provides a quick access to the input forms for correcting the pitfalls. Graphs and charts enhance the app visuals to make it easy to understand the payment and the other financial numbers. The action menu provides options to communicate with sellers or ask friends for a review, input, advice or an opinion. Simple, but powerful lists management has an option to empty the lists quickly and start from scratch. Income, expenses, fees and all other lists in the app use similar design aiming for consistency and efficiency.