Thread: Down payment?
View Single Post
Old 08-22-2009, 07:49 PM   #34 (permalink)
Hi-TecDesigns
Base Member
 
Hi-TecDesigns's Avatar
 
Join Date: Jul 2009
Location: Glenelg, MD
Posts: 146
Drives: 370 Rdstr AT7 BkChry
Rep Power: 16
Hi-TecDesigns is on a distinguished road
Default

Quote:
Originally Posted by FuszNissan View Post
Are you going through a bank or credit union, cause some banks finacing that low of amount will give you a higher rate because it isn't making them much money in intrest.
In line with what Lou is saying... if you can't get the lowest rate with that mount, I would finance $15-20k, and then pay an extra $4-9k in the first payment. You don't pay any more in interest over the course of the loan, and the only downside is your monthly payment will be larger (but the loan will be paid off more quickly).
__________________
http://hi-tecdesigns.com/images/pict...on%20Small.gif
2000 S2000 Brickyard Red Metallic w/ Romanesque Crimson Kandy, custom everything else
Hi-TecDesigns is offline   Reply With Quote