The CarCalculator is a kit that includes Windows 3.1/95/98 software, a manual, a True Lease/Buy Quote form, and a sample lease contract. With this kit you can calculate and compare all available methods of paying for a vehicle. There are currently five different ways to pay for a vehicle including cash. Which is the best value? Which is the most affordable? Can you get the best value and still keep it affordable? The CarCalculator can give you the answers you're looking for within minutes.

Even though the CarCalculator was designed for vehicle leases and loans, it will also work for computers, photocopiers, heavy equipment, and anything else that you can lease or buy. As long as the payments are monthly, the CarCalculator can handle it. In fact, many computer, photocopier, and equipment leases that we have reviewed often have interest rates between 25 to 35%. Imagine how much money you could save by negotiating these interest rates down to just above prime.

The CarCalculator will give you knowledge and power which will help you make a wise decision and save a bundle on interest costs. It will solve the lease vs. buy puzzle and give you peace of mind knowing you got the best deal possible.

System requirements: Windows 3.1, Windows 95, and Windows 98.
Does not work on Windows NT. Sorry, no Mac version.

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Leasing seems so inexpensive compared to regular financing or paying cash, that it's hard to believe it could be a bad deal. Seems obvious, yet the correct answer is very difficult to arrive at without the CarCalculator. You bet your money on it, and lose every time. Not realizing how you could have made a mistake. Welcome to the suckers bet. A deal that seems so good, you pay more every time, and walk away feeling you got a great deal.

When you buy a vehicle, you negotiate the price of the vehicle first. You get the lowest price possible and then you figure out how to pay for it. If you pay cash, your exercise ends here. If you finance, you shop around for the best interest rate. Having negotiated the best price, and found the best interest rate, you now have the best deal possible.
Lease ads focusing on the monthly payment have confused the concepts of affordability and value. This is done on purpose by the leasing industry. You can probably afford to pay $20,000 for an $18,000 car, but that doesn't make it a good value. Similarly, you could pay $80,000 for a $100,000 car, great value, but not very affordable. With leasing, the focus is on affordability, not value. That means dealers and leasing companies can make more profit on each deal as long as they keep you happy with a low monthly payment.

Leasing is a car dealer's dream!
You walk into the showroom attracted by the low monthly lease payments. You think the best deal possible is by negotiating the monthly lease payment. You're about to lose and the dealer is about to make up to ten times more from your lease deal versus a buy. How?

You just skipped negotiating the price of the car. OOPS! Cost $2000.00+
You just skipped finding the best interest rate. OOPS! Cost $2000.00+
You don't know how the monthly payment is calculated. OOPS! Cost $1000.00+
You don't know how much of your trade was really applied to the lease. OOPS! Cost $1000.00+

According to a Prime Time Live expose on leasing, the average vehicle lease costs consumers $5,000+ more than it should. Obviously they didn't have the CarCalculator!

With the CarCalculator you will be able to:

1. Calculate your own lease payments. Change down payments, residual values, number of months, interest rates, etc. You can also calculate and compare loans, balloon loans, one payment leases, and rebates vs. low interest rate loans.

2. You will be able to check whether the figures you were given are accurate and give you the same results. If they don't, you will know there is a problem. Remember, your monthly payment is affected by changes in any one of the variables below.

· Purchase price
· Down payment
· Residual value
· Term in months
· Annual interest rate

Example
You see an ad for $329.00 and you say you're willing to pay $299.00. Car salesguy uses the computer and simply increases the down payment or the residual value or both, and voila you pay $299.00. The dealer still makes full list or more on your deal. You think you negotiated a great deal and the dealer didn't knock a dime off the price. So long sucker, better luck next time!

3. You can solve for the interest rate charged and compare options. Considering the average lease or loan costs anywhere from $3,000 to $6,000 in interest, different options can save you hundreds or thousands of dollars. The CarCalculator will pay for itself many times over with just one vehicle buy vs. lease comparison.

4. Would you take out a mortgage without knowing the principal or the interest rate? Would you buy a car for full list price? Would you agree to pay a high interest rate, without knowing, negotiating, or confirming the rate? If you answered no to any of the above, why would you lease a car under the same circumstances?

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The CarCalculator kit has been reviewed and recommended by consumer advocates, financial journalists, and an industry analyst.

Rave Reviews for the CarCalculator!
Who has reviewed and recommended the CarCalculator?

1. Lemon Aid New Car Guide, Lemon Aid Used Car Guide, and Lemon Aid 4x4 Van and Truck Guide by consumer advocate, consumer crusader, and former MP; Phil Edmonston.
2. Author of the Money Adviser and columnist for the National Post; Bruce Cohen.
3. Author and columnist for the Toronto Star; Ellen Roseman.
4. DesRosiers Automotive Reports by leading industry analyst; Dennis DesRosiers.
5. Columnist Michael Kane from the Vancouver Sun.
6. Columnist Ellen Moorehouse from the Toronto Star.
7. Canadian MoneySaver reviewers Ed Lenarcic and Barbara Prusakiewicz.
8. Consumer columnist Marlaina Gayle from the Vancouver Province.
9. Canadian Press editorial staff.
10. Toronto Sun, Action line and consumer writer; Maryanna Lewycki.
11. Toronto Star, Wheels section, Denyse O'Leary.
12. Syndicated columnist Dianne Maley.

Our Customers Write:

"An indispensable tool that every public accountant's office should not be without."
Bob Munro, Chartered Accountant

"My job is to negotiate the best possible deals I can on behalf of my clients. To do my job right, I need facts. The CarCalculator immediately tells me the true cost to lease or finance any vehicle. I especially love the Super Solver feature, with its ability to ferret out those "missing details" that dealers don't often disclose in their ads, like the true interest rate. I highly recommend the CarCalculator. It's truly indispensable!"
Mary Anne Fenton, AutoBuy Advisory Services

"Thank you for inventing CarCalculator. Your software functions like a truth serum against lying leasing salesreps! In my case, it proved that I was lied to at the time I signed my lease. I just read recently that 21% of Ontario car purchases were now leased, according to Dennis DesRosiers. This is pretty sad, because after having used your software to check out many leases I'm sure that the majority of those leases were plain dishonest. Those consumers who leased their cars could have probably saved themselves $500-$4,000 by simply running their leases through your inexpensive software . . ."
Bob Salvador, Consumer and volunteer with Consumer Action Group

"Fantastic! The CarCalculator takes the guess work out of the lease/buy decision. It's the tool that finally puts the consumer on the same level as the dealer."
Denis Ardagh, Certified Financial Planner

"CarCalculator for Windows provides all the tools a credit union needs to help members with lease vs. buy decisions or to compete with lease financing. The True Lease Quote screen is a real eye-opener!"
Brett Matthews, Car Facts Advisor--Metro Credit Union

"Great software, with all the leasing going on out there it allows us to assist a client quickly and accurately - what used to take 2 hours now takes 10 minutes!"
Al Kimber, Planning Financial Performance

"A brief note to let you know how much we appreciated the help of the CarCalculator during our equipment purchase. We were able to ascertain the precise interest rate and cost of borrowing offered . . . the rate wasn't competitive and eventually we were able to secure a loan at approximately 6% below the offered lease rate. I wouldn't hesitate to recommend use of the CarCalculator to anyone looking for help in negotiating a lease regardless of the product."
Ross Turnbull, General Manager, Charles Street Video

"Your software is great. It certainly weeded out a few bad deals from dealers. I wish I had your program years ago. I saved thousands on my new car. I enjoyed telling the dealers the interest rate they were charging and watching them lie like a rug to get out of it."
Bob Miller, Consumer

Who uses the CarCalculator?

The CarCalculator is used by consumers, businesses, financial planners, professional accountants, banks, credit unions, corporations, car dealerships, and leasing companies.

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