No its not very good because when I got the evo(Im only 18 so I co-signed with my mom) she had 3 cars in her name already(05 altima, 06 gran prix, 05 G35) plus her house and she is a single mom. So there was alot on her credit report but now the altima is sold and the g35 got totaled(it was mine before the evo and I used insurance money to get evo) so Im going to re-finance in a year or so and hopefully it'll go down a reasonable amount.


So basically yes, I have a high APR.

 

Thats Correct!

 

34000(price of MR) X .06(Sales Tax) +510 (Title Reg) - 2100(Trade in) = 34,450
Which is 585.68 a month @ 6.9% for 72 months.

 

credit unions are usually the ones that do this for thier members, mine did it for my other car when i put $6000 towards the principal they recalculated my payment at the same interest rate, and i had the option to keep the remainder of the term or exten the term to lower the payment even more.

 

I bought my 03' with 39,000 miles for $21,900 + $1,400 to register and lisc. + $1,800 extra cash for mods and i pay $432.05 per month with a 7.0% rate. for 72 months.

 

I think you might have misunderstood your credit union. They give you two options when you pay extra...either apply towards principal or extend the next payment's due date out further. So if you have 600/mo payments and put down 6k extra, that would move your next payment due date 10 months.

They will not re-amortize the loan.

 

585 for 72 months at around 6-7%

got 20K for my S2000 trade, trade in value was 17K
Paid sticker for the 05 SSL
$1000 down

Not too happy when the 0% finance came out 2 weeks later.

 

$604 / month, 60 months, 6.99% -> I don't like.

But the car is worth every penny

 

i'm sorry you are wrong i put $6000 and they recalculated my payment @the same rate w/o extending the term and my payment was lowered it really doesn't matter if you believe it or not i was sitting at the loan dept desk while they did it.

 

mine is 651 on an ix gsr, good credit and all for 5 years

 

sovereign bank enclosed slips to pay towards principal

$630 / 72 month 6.3% APR
I only paid $500 Deposite and financing the tax , lojack, ttl + all fee ...

 

386 a month with 8.0 apr for 60 months + tax and registration. but mine is a 03

 

anyone else think my payments should be just a hair under 600/mo versus what dealers are telling me?(629/mo) Taking account the numbers I provided on the first post.

 

It all depends on the interest rate, how much you put down, and the length of the loan. Don't let the dealer quote you a payment. Get the interest rate, the length of the loan, and find out if there are any hidden fees. You'd be better off asking what interest rate people have. You'll most likely get the best interest rate from a federal credit union.

 

when I bought my 05 in 2005, I went through Credit Union. They gave me 4.75% rate for 4 years, with $10,000 down came to about $460/month. However I was overpaying $1000/month, and when I finally got down to $10,000 I moved it to my credit card which had 0% for 1 year. Well it is 2006 now, little over a year and 2 months my car is finally paid off. I know I could take it easy and pay for full 4 years, but why ? Unless its 0% you should do all you can to pay off the car ASAP.