How to calculate present value for this question?
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 [...]
Is there a way I can take out student loans and pay my car loan off with it?
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?
When should I refinance my auto loan?
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 [...]
My car loan = $13k @ 7% rate, I want new care dealers 0% financing, and have 7% paid w/ 0%, is that possible?
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 [...]
Will having co signer on Auto loan lower 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?
Is a 4.69% APR interest rate on an auto loan good or bad?
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 [...]
