saccityprince;7275421 said:
MENACE...;7274770 said:
saccityprince;7274410 said:
b00kie;7272812 said:
saccityprince;7272266 said:
Is $350 a month on a $16k loan when im putting down 8k on a car to much for 60 months?
That seems pretty high for borrowing $16k.
Looks like your interest rate is about 12% here.
Good credit auto loans around 4% now days
im a first time buyer without much credit history, and im not trying to get a cosigner.
take my advice As a car salesman if youre a 1st time buyer theyre gonna rape you with interest. NH
Unless youre financing a car under 20K and have a down payment of 5k or more you'll be ight
The car is $22k before taxes ans im putting $8k down.
22K taxes are 10-11% depending where you live (which is the bay)
out the door should be around 24200 with 8k down youre looking at 290-300$ a month payments for 72 months and that's with a 8.9 interest rate.
Let me know if im right when you do numbers