# MoneySmart Cars

> Calculate car purchase and running costs, identify hidden expenses, and explore financing. (iPhone/iPad app by Australian Securities and Investments Commission.)

- Source: https://appshunter.io/ios/app/moneysmart-cars/id1116023116 (this page in markdown: same URL + `.md`)
- Developer: [Australian Securities and Investments Commission](https://appshunter.io/developer/437746373)
- Category: Finance
- Price: Free
- Rating: 5.00/5 from 1 App Store ratings · 4 written reviews indexed
- Age rating: 4+
- Requires: iOS 8.0 · 18 MB
- Languages: American English
- Released: 2016-06-03
- Data updated: 2026-06-10
- Monetization: free
- User reviews in markdown: https://appshunter.io/ios/app/moneysmart-cars/id1116023116/reviews.md

## What is MoneySmart Cars?

ASIC's MoneySmart Cars app helps you: 

• Work out the real cost of buying and running a car

• Identify hidden costs

• Find alternative ways to finance a car

This app is ideal for people who are ready to buy a car. You'll get an initial result of what your car will cost and 

you can further personalise the result by inputting details of your car and loan options.

Buying a car is an emotional decision. The type of car you buy is important because you will own it for a long time 

and it has to meet your needs. Put yourself in the driver's seat and become an informed buyer. Using this app will 

give you more confidence and control when you go into a car dealership.

FEATURES

• Estimate the cost of your car

• See what your car loan repayments will be

• Factor in the cost of insurance, registration and more

• Identify all your running costs, even those you haven't thought about yet

• Avoid car buying traps

VERSION 1.1

WHO IS ASIC'S MONEYSMART?

ASIC's MoneySmart is an initiative of the Australian Securities and Investments Commission (ASIC), Australia's 

corporate, markets and financial services regulator. The website offers free, independent guidance and practical 

tools to help you make the most of your money. It is put together by an experienced team of financial planners 

and consumer educators.

## Key features

- Calculate real car costs
- Identify hidden expenses
- Explore financing options
- Estimate loan repayments
- Factor in insurance and registration
- Avoid car buying traps

## Recent user reviews (4 of 4)

All indexed reviews: https://appshunter.io/ios/app/moneysmart-cars/id1116023116/reviews.md

### 1/5 — 😭

*2021-05-17, version 1.3.2*

Cars expensive

### 5/5 — Useful little tool

*2017-12-08, version 1.3.2*

This app is great for predicting how much money having a car will cost you. There are some variables that it includes into the cost of owning a car that I still don’t quite understand (more details about what they are, or references to find out more, could be useful features) but it’s all there and takes out all the confusion.

### 5/5 — Great app!

*2016-06-09, version 1.1*

Made me think about how much I would spend over time. Scary!

### 5/5 — Great app

*2016-06-03, version 1.1*

Really useful to get an idea about the costs of buying and running a car.

## Frequently asked questions about MoneySmart Cars

### What is MoneySmart Cars used for?

MoneySmart Cars helps you calculate the total cost of buying and running a car, including hidden expenses and financing options. It aims to make you an informed buyer before visiting a dealership.

### Is MoneySmart Cars free to use?

Yes, MoneySmart Cars is completely free to download and use. It is an initiative of the Australian Securities and Investments Commission (ASIC).

### What devices does MoneySmart Cars support?

MoneySmart Cars is available on iPhone and iPod devices. It is designed to be accessible on common Apple mobile platforms.

### How often is MoneySmart Cars updated?

The latest version is 1.3.2, and the app was last updated on October 18, 2017. While not frequently updated recently, it provides core financial calculation tools.

### What is the age rating for MoneySmart Cars?

MoneySmart Cars has an age rating of 4+. This indicates it is suitable for a wide audience, including younger users interested in learning about car finances.

### Does MoneySmart Cars offer loan calculators?

Yes, MoneySmart Cars allows you to see what your car loan repayments will be. You can input details of your car and loan options to personalize the results.

### Can MoneySmart Cars help me avoid car buying traps?

The app is designed to help you identify hidden costs and understand the full financial picture, which can assist in avoiding common car buying traps. It aims to give you more confidence and control.

### Who developed MoneySmart Cars?

MoneySmart Cars was developed by the Australian Securities and Investments Commission (ASIC), Australia's corporate, markets, and financial services regulator.

## Version history (last 4 releases)

### 1.3.2 — 2017-10-18

This app has been updated by Apple to display the Apple Watch app icon.

Bug fixes and performance enhancements.

### 1.3.0 — 2017-04-27

Bug fixes and performance enhancements.

### 1.2.2 — 2016-07-28

Bug fixes and performance enhancements.

### 1.1 — 2016-06-02

No release notes.

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## More apps by Australian Securities and Investments Commission

- [ASIC Business Checks](https://appshunter.io/ios/app/asic-business-checks/id890696139)
- [ASIC Annual Forum 2019](https://appshunter.io/ios/app/asic-annual-forum-2019/id1460643700)

All apps by Australian Securities and Investments Commission: https://appshunter.io/developer/437746373

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-06-10.*
