Bought to sign financing

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Apr 11, 2004 | 09:56 AM

Trisco

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Bought to sign financing

So I got the dealer at 24,599 OTD with my 6.5% so I thought that was pretty good with the whole premium package, I am paying 1500 in taxes alone, so how did I make out? Should I refrain from going with this fellow and keep looking (been in the market for quite some time now). Thanks happy Easter

Apr 11, 2004 | 10:08 AM

punkrocksailor

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Are you in a credit union or have a good bank? do you have a trade-in?? because new car rates should be cheaper unless your credit is still being established. The purchase price isn't bad, you could do a little better but the interest rate I would definately do some shopping around.

Cheers,
Joel

Apr 11, 2004 | 11:46 AM

ftnssn

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Joined: Mar 2004

Posts: 797

From: champaign, IL

Car Info: black pearl sti

I'm gonna go with punkrocksailor on this one. Your interest rate should be alot lower than that unless you don't have much credit. If you don't than you should take that loan and pay it off for a year then refinance once your rating is stronger at a much lower rate.

Good luck

Apr 11, 2004 | 12:57 PM

Trisco

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wow i am stupid, by 6.5% i meant that is my state sales tax, i am taking advantage of the 1.9% through subaru as far as the loan goes.. my payment would be 255 a month after my 10k dp