Plan Big Car: A Financial Advisor for Car Purchases
Plan Big Car is an Android app by Boris Vasilenko that helps you make informed decisions when purchasing a car. The app focuses on the financial aspect of car purchases, showing you a clear comparison between getting a loan and saving money. It helps you find the balance between overpayment on interest and economy during accumulation.
The app has several features that make it a great tool for car buyers. It offers full visualization of the plan to pay off the debt, including all loan commissions, additional expenses on fueling, insurance, and winter tires. It also calculates the overpayment and effective rate for the credit, as well as a schedule of the expected changes of your balance in the future. You can also see a detailed plan of payments with the expected changes of balance by dates and support for early repayment of the loan.
Plan Big Car helps answer important questions such as when you can safely purchase a car and how long it will take you to save up for one. It acts as your personal financial advisor, giving you accurate figures to make an informed decision.
The free version of the app offers the main functions, allowing you to enter a loan term of 1 or 2 years, specify expenses on fueling, insurance, and tires, and adjust recurrence for any expense or income. However, it does come with ads.