Auto Loan Calculator | Bankrate

Dec 05, 2023Use this auto loan calculator when comparing available rates to estimate what your car loan will really cost, minus additional fees that lenders may enforce. Simply enter the amount you wish to borrow, the length of your intended loan, vehicle type and interest rate. The calculator will estimate your monthly payment to help you determine how much car you can afford.Auto Loan Questions When is the best time to buy a car?In general, the right time to buy a car is a weekday — you’ll get a better deal than on a weekend. And don’t forget to shop holiday sales, especially late in the year. Dealerships start to get their next model year inventory in the fall, so you may be able to score a deal on the current model year if you’re looking for a new car. Should I buy new or used?Buying a new car means a fresh car smell and the newest features. But they have a higher price tag, higher rate of depreciation and more expensive insurance. A used car often comes with a lower purchase price...