Although the calculators can be accessed from different areas of the Edmunds Web site, most consumers will want to start at the Calculators. Here, you decide whether you are buying a new or used car, and then choose the year, make, model and style of the car you are considering. After you have selected a vehicle, Edmunds pre-populates certain data fields (such as vehicle price, sales tax and registration fees) eliminating work for you. (Note: If you click the box marked "I do not want to specify a vehicle" you can obtain generic information about car payments and interest rates.)
In the next section, you provide similar information regarding your trade-in vehicle, if you have one.
After that, you are ready to compare the different financing choices available to you. The information you have provided will automatically be inserted into each of the four calculators that are linked at the bottom of the page:
- Basic Loan Calculator
- Decision Calculator: Low APR vs. Cash Back
- Basic Lease Calculator
- Decision Calculator: Buy vs. Lease
As you move between these different calculators using the tabs at the top of the screen, your latest figures are automatically carried to the next calculator.