Leasematic - Auto/Car Lease & Loan Calculator

I learned about this app while doing research on the bimmerfest forum. Best two dollars I've ever spent on an app in the first time I hope to write a review. Armed with the right numbers and this app, I was able to calculate the exact numbers the dealer calculated and adjust for options, down payments, etc. I could make changes and tell the dealer the impact before they could calculate it. Never been so glad I paid for an app! The configuration options are what make this app so fantastic. You can adjust taxes to match the laws in any state and make adjustments for program variations like waives first payments, applying MSDs, etc. If a dealer tries to sneak in extra fees or bump up the money factor you'll know right away.

Used to use spreadsheets I’ve put together, none of which seemed to really work just right. Came upon this app. LOVE IT. You still need to negotiate a good selling price (and determine what that should be), and make sure you know the correct money factor (so dealers don’t pull one over on you). Thats your job, not the apps, of course. But then just fill out the boxes in this app and it figures everything out. Worked perfectly for my negotiations. Saved me over $50/month. Hope the developer keeps the app updated as ios updates. Wouldn’t want to lose this app.

$2 saved me at the absolute very least $200. But much more likely $1200. Was all confused about the lease and the offer on the table. I went home to try and make the numbers make sense. Leasematic made it automatic. Was very clear. Went back in the next day with my ducks in a row. Came to a new price 1K less than before… and then when they gave me the actual numbers, by punching in the new figures in Leasematic right there, realized that they were padding the Acquisition fee by $200. No way I would have figured that out. This one is a now brainer.

Wow, just wow! This is the first review I have ever written, but it had such a profound impact. I used this app to negotiate $80 less per month on a 39 month lease! I had the sales person and two "managers" attempt to refute the simple facts of the price of the lease their company provided me presented in a non-sense way by using Leasematic. I would recommend ensuring that you as a prospective leader understand the numbers (I.e MF is solved by dividing APR by 2400). This helps quell the argument: "you can't use an app to calculate your payment from a major car company"

I read all the reviews and thought for a moment that the guys who made the app might be writing reviews. I can tell you now this app really works and will save you money. Went to the dealership for a brand-new Civic told me $290 a month $5500 due at signing. When home downloaded this app went back the next day walked out with the car for 275 a month with nothing due at signing. With the price reduction on the monthly payment and the removal of all cost due at signing this app save me at least $6000.