I recently went to check out a car at the dealership and got myself into the whole negotiation mess with a saleman and his manager. I tried asking them this same question and got two very different answers.
If you sign a finance agreement for x% and y years, are you locked into the final total regardless of whether or not you pay the loan off early? In other words, am I still paying the full interest amount if I decide to pay the loan off in full after I drive the car off of the lot?
If you sign a finance agreement for x% and y years, are you locked into the final total regardless of whether or not you pay the loan off early? In other words, am I still paying the full interest amount if I decide to pay the loan off in full after I drive the car off of the lot?