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$1.99
iPhone / iPad
Genres:
  • Business
  • Finance
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Leasematic app review: the ultimate car lease and loan calculator

Reviews

Introduction

When applying for a loan or car lease, it is important to ensure that you do all the calculations right to know the amount of money that you will need to repay. Leasematic was developed by Haris Khan to help users do all calculations involves in loans and car leases. English is the default language and it is fully compatible with iPhone and iPad devices.

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Leasematic - Auto/Car Lease & Loan Calculator

$1.99

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Leasematic comes with a smart interface that gives users a gold chance to compare various loan deals in the market in minutes. This in turn helps them to choose one that best fits in the budget and meets their immediate financial needs. In addition, it has the ability to automatically break down information and display it a format that is easy to understand. For instance, when doing loan calculations, it will help you to know the monthly payments, cap cost, and other key figures that you need to put into consideration to make an intelligent financial decision.

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The developers have also incorporated special built-in features that allow one to easily save and browse all deals. This makes it an ideal choice for people who love shopping around or brokers juggling multiple deals at the same time. It is also possible to share the information through AirDrop or email with friends and family members without having to first close the app. All you need to do is type in the email address and the app will send the reports in seconds to the recipient.

Best Features

One of the benefits of using this application is that it allows one to do sales tax calculations for all states even those than have no tax monthly payments. All you have to do is select the specific state and the app will automatically know the formula to use as well tax alternatives if they are available. It is also possible to make changes to existing calculation rules of any state on the app if you find that they are faulty.

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When planning for a car lease, this app will come in handy as it will help you determine the total cost of the lease to avoid financial turmoil. That said, it is of paramount important to read and understand the lease document to know if it suits your specific needs and preferences.

If you have friends who are also using the app, you can compare your summaries by sending each other screenshots via email. This is one of the most secure ways of sharing sensitive information in the 21st century. 

Leasematic - Auto/Car Lease & Loan Calculator

$1.99

Pros and Cons

Pros

  • Can do sales tax calculations using various states formulas
  • Ability to share reports with friends or colleagues via email
  • You can save some of the deals for your reference on your phone

Cons

  • The app is prone to bugs; the developer need to come up with ways of ensuring that security and privacy of users is not compromised

Final Thoughts

After using this app for three weeks, I can comfortably state that it is worth the money. Use Leasematic app today to do loan and car lease calculations like a pro accountant. 

Leasematic - Auto/Car Lease & Loan Calculator

$1.99
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cherry

Cherry is a hard-working writer and an aspiring web designer who can't go a day without using her favorite apps. She's always on the lookout for new apps and enjoys discovering ones that others have overlooked.