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payments opinion

Originally Posted by Chuck33079 Whatever you do, go with a shorter term. 72 months is insane. Originally Posted by TerribleONE I think a 48-60 month finance is the longest you

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Old 01-04-2014, 04:44 PM   #9 (permalink)
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Quote:
Originally Posted by Chuck33079 View Post
Whatever you do, go with a shorter term. 72 months is insane.
Quote:
Originally Posted by TerribleONE View Post
I think a 48-60 month finance is the longest you should EVER go. Even then, its kind of pushing it!
You're joking right? He paid $31,000. That's $34,910 total and only had to pay $485 a month. At 60 months he'd have to shell out $570 a month and only pay out $34,246. I'm sorry but saving only $654 over the term is not worth a $85 payment increase. And Jesus 48 is even worse!! Its $699 a month and $33,591 total. I'll eat $1319 to avoid $699 like the plague.
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