My homework question goes like this: You are purchasing a new car. The price is ,239. You will pay ,000 now and the rest, monthly, in a 4-year loan. The automobile dealership is offering a sales promotion where either: 1) You will receive a ,000 rebate check now and the annual interest rate on the [...]
Tagged as:
automobile dealership,
homework question,
interest rate,
present value,
purchasing a new car,
rebate check,
sales promotion,
scenarios
I owe about 12,000 on my car loan with an interest rate over the roof….I figured if I borrowed a lot of money i could pay that loan off with the money I borrowed and get a really low interest rate for my car. Am I allowed to do that?
Tagged as:
car loan,
interest rate,
money
I have poor credit but was able to get approved for a new car (about 000) in January. Of course the interest rate is terrible (18%) and I would like to refi the loan. I have been able to establish other good credit since then and have had only one late payment since January. How [...]
Tagged as:
auto loan,
credit history,
interest rate,
new car,
poor credit
Buying a new car, need advice on how to present case to dealer I don’t want trade in value of existing car put towards purchase price, instead I want the value of my trade in put towards my higher interest loan and the whole purchase price of the new car at the promotional 0% interest [...]
Tagged as:
buying a new car,
car need,
interest loan,
interest rate
I got pre approved for a car loan at 7.9% if I get a co signer with excellent credit(my dad)will my interest rate go down? or is he just noted as fiancial back up?
Tagged as:
car loan,
co signer,
dad,
interest rate
I was recently approved for a 48 to 60 month auto loan with 4.69% APR on a 2011 model or newer. They told me that the APR was based on my current credit profile. I don’t know what my current credit score is but I think it is average. I have 2 credit cards and [...]
Tagged as:
auto loan,
car 2001,
credit cards,
credit profile,
credit score,
interest rate,
jetta,
new car,
student loan,
subaru,
subaru forester