Wolverine27
Platinum Member
- Dec 7, 2000
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Originally posted by: bubbadu
I will be probaly geting the 2000 Accord tomorrow... the car drives so smooth it was awesome being able to go 75mph in 3rd gear... The payments are going to be about 200-225 on it... I worked the math out and I have a feeling that the interest on a used car loan is going to kill me... does anyone know what the regular 60 month rate is? The car will cost me 11K and I will put down 1500, plus my Jetta.. my dad said that the payments should be around 225... that is just really high to me, and if thats the case, I might as well just get a new car. Oh well, I will have to run the numbers again tomorrow.
PIC
-Bubbadu
For a used car and 60 month term...something in the 4.7% range would be good. Depending on your age and credit history...you may need a co-signor to get a good interest rate.