[Subscribe to Daily Digest] |
[Main General Bulletin Board | BBFAQ |
Prev by Date | Next by Date | Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
So $5k is a lower payment..... Posted by Mike Lynch [Email] (#81) [Profile/Gallery] (more from Mike Lynch) on Tue, 30 Dec 2008 18:05:53 In Reply to: According to Saabusa..., CWilson, Tue, 30 Dec 2008 17:46:37 Members do not see ads below this line. - Help Keep This Site Online - Signup |
Often it's better to take the discount up front and agree to a higher interest charge and sometimes it even results in a lower payment.
$30 for 60 mos at 0% is $500 a month.
But $25k for 60 mos at 6.9% is only $493 a month
And your balance or payoff is always $5,000 lower and 6.9% isn't that low of a rate for a credit union on a new car.
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.