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Car Loan Calculator assists UK car buyers
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Posted On :
Jul-01-2010
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Article Word Count :
501
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The internet is a vast resource for doing comparisons when you are looking to finance a car and companies online are continuously looking for new and innovative ways of providing you with all of this information in a clear and concise manner.
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The internet is a vast resource for doing comparisons when you are looking to finance a car and companies online are continuously looking for new and innovative ways of providing you with all of this information in a clear and concise manner. One of the many ways this is done is by the use of a car loan calculator in order to determine the monthly payment along with other important need-to-know information, such as the interest rate of your loan, etc. There are specific calculators that help you figure out the associated fees for the “buy” or “lease” rate for a car; and others that show you a great deal more.
One such online car loan calculator is now available from Car Loan Adviser. The new site has been developed for the UK market by the UK’s fastest growing motor finance company, Carlyle Finance, and is leading the way as a Virtual Business Manager.
Through Car Loan Adviser and their car loan calculators, Carlyle Finance is providing the UK car buyer with a unique way of comparing the different methods of financing that newest purchase. It is this feature that makes their car loan calculator different. Car Loan Adviser takes each method of financing a car and looks at them on their own merits, so whether you are looking to use your savings, a secured loan, credit card, advance on a mortgage or loan from a bank each subject is covered and compared against that of purchasing with dealer finance.
The car loan calculator is provided for each method discussed and compares them against dealer finance, so for example if you were comparing against your savings you would just need to enter the balance that you need to purchase the vehicle and the term you would like to take the finance over. Hitting the update button will instantly provide you with the following information; monthly payment, savings interest, dealer finance interest and the actual cost per month. You can see for yourself the benefits of using dealer finance. In our example the interest accrued by not using savings nearly matched that of the finance.
The site uses cutting edge video technology where real people explain the benefits for each funding option, which means the end user doesn’t have to wade through reams of written jargon that they invariably never understand. Add to this the use of bullet point summaries for each option and graphs that make it clear and simple and you can soon see why this is proving to be such a popular tool with both the consumer and the dealers themselves.
Carlyle Finance has managed to remove some, if not all of the hassle of finding the right finance deal and the car loan calculator makes it easy to see the benefits. Providing you with convenience, fixed interest rates, fixed monthly payments, a term to suit you and peace of mind which in today’s climate is one benefit we can not afford to miss.
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Article Source :
http://www.articleseen.com/Article_Car Loan Calculator assists UK car buyers_24054.aspx
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Author Resource :
Car Loan Adviser is the best place for people to get advice on Credit Car loan UK. The author of this article has written many informative articles on Best car Loans.
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Keywords :
Best car Loans, Car Loan Payment Calculator, Credit Car Loan UK, Car Loan Adviser, Car finance UK,
Category :
Finance
:
Finance
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