LADS
Everyone save this image.
And lets keep this general going consistantly.
Anyone buy a car recently?
i got 2k to put down, want to pay 200 -230 a month.
Do you guys know what interest rates car dealerships are working with lately for people with pretty good credit?
Buying/Renting General
Do used car places just copy national average loan rates?
When i google it i see about 5% at the moment.
I know some places do deals like 18 months without interest.
Im in toronto, canada and I know people who have gotten as low as 1.99 %
im in the north east myself, Connecticut.
trying to figure out what to expect like mentioned
this is also for new cars, not sure about used
A 16k car, divided by 210 a month is 76 months.
6 years and 3 months
9k car, 3.5 years
210 with 5% a month = 220.
220 * 76 months = $16, 720
220 * 42 months (3.5y)= 9240
Am i doing this interest correctly?
Doesnt seem like much
yeah that doesn't seem like much.
Help anoyne else?
bump
>financing a car
There is no greater waste of money.
what do you advise.