I think the interest was about 9% on a new car and 11.5% for CPO. That's with stellar credit score. The meeting I am on that's going on it's 5th hour is frying my brain out, but I am wondering, what would be the interest in year one with $0 down?
I think the interest was about 9% on a new car and 11.5% for CPO. That's with stellar credit score. The meeting I am on that's going on it's 5th hour is frying my brain out, but I am wondering, what would be the interest in year one with $0 down?
That said, I did misread your original skeet and did not see the "interest" part. Still, the experience of being forced to get a new car gave me a stupid level of sticker shock.
if you borrow $40k at 10% interest you're paying $4k interest in year one
Car loans are not frontloaded like mortgages? Sincere question btw.