Review

Deciding to purchase a new car is a big step in your life. Besides just the initial monetary costs, it requires investments in terms of maintenance and care too. Choosing one among the thousands of cars available and making sure that that one fits into your budget is quite a hard task. Also, various sources may not include the true costs of a car to begin with. If you are facing these issues, then the iOS app Car Cost Universal is ideal for you.

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This app has been designed as an educational app that will calculate the complete annual cost of a new car through its lifetime and provide you with the same. It takes into account critical factors such as depreciation and loss in value, which otherwise go unnoticed by a lot of car owners. To avoid any form of confusion, you can decide the metric unit that you would prefer and choose the currency you wish too. This way, the app ensures that it speaks to you in your own language, simplifying things for you. To pay for your car, you can choose between a loan and direct cash payment as well.

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The total cost provided by this app is pretty accurate indeed. It includes timing of replacement of parts, costs due to wear and tear and more. The trade in value approximates can be calculated at a mileage of your choice as well. All of this data is provided in a complete sense for a loan, with methods to fine tune it too. The overwhelming part is that annual estimate costs are calculated in advance for the next 12 years, including true costs and add-ons. A detailed data set is given for the next five years to enable you to make comparisons and henceforth make an informed car choice.

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Car Cost Universal: Any units and currencies has been designed for the iPod Touch, iPad and iPhone. It requires 19.4 MB of free space and iOS 7.1 or higher versions. It has been optimised for the iPhone 5, iPhone 6 and iPhone 6 Plus. At present, it is available in English in the Utilities section in the iTunes App Store for $1.99. While the cost might seem a tad bit on the higher end, it is worth the estimates being provided to you.

If you are planning to buy a new car, this app will come largely in handy. You can completely estimate the cost and understand the full responsibility of owning your own car. Also, from the cost estimates, you can decide when the ideal time for the purchase would be. If you are assessing a lease agreement or looking to take up a loan, this app will support you all the way. It is here to help you comprehend the factors of loss in value and amortization and how they can affect your budget in the short term and the long term. It provides you real time assistance while bargaining with your car dealers by making you aware of the various options available to you.

Good: Customised for your comfort

Bad: None

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