Nissan 370Z Forum - View Single Post

UNKNOWN_370 · 02-17-2012, 04:52 PM

Guys do we really have DISSECT the logic of the sale. My payments are structured in 6 years for the lower rates and then I pay down to 3. Its the smartest way to go. I structue it that I make the pyment on my middle of the month check and pay an equal payment 2 weeks later.(principle-only).
They tell you you pay more but get a better rate when you do short-term loans. But if you do the math. The 6 yr is best. Then make double payments. 2.5 is an approx. The second payment is purely to the principle so I'm sure it will pay down in less.

02-17-2012, 04:52 PM	#21 (permalink)
UNKNOWN_370 A True Z Fanatic Join Date: Jul 2009 Location: ny'r livn in tx Posts: 8,687 Drives: well over 130m.p.h. Rep Power: 14858	Guys do we really have DISSECT the logic of the sale. My payments are structured in 6 years for the lower rates and then I pay down to 3. Its the smartest way to go. I structue it that I make the pyment on my middle of the month check and pay an equal payment 2 weeks later.(principle-only). They tell you you pay more but get a better rate when you do short-term loans. But if you do the math. The 6 yr is best. Then make double payments. 2.5 is an approx. The second payment is purely to the principle so I'm sure it will pay down in less. Last edited by UNKNOWN_370; 02-17-2012 at 04:55 PM.