How much will i be paying the finance company for auto loan?How to calculate it?
zalez21 asked:
ok so i have bad credit, cant get financed anywhere so might do in house financing.
The interest rate will be 24.5% on 30 months for
a 8000 vehicle with 2000 down(so really on 6000 loan). How do i calculate how much the finance company will be making off me?
ok so i have bad credit, cant get financed anywhere so might do in house financing.
The interest rate will be 24.5% on 30 months for
a 8000 vehicle with 2000 down(so really on 6000 loan). How do i calculate how much the finance company will be making off me?
Tags: Bad Credit, Finance Loan, House Financing
November 11th, 2009 at 4:54 am
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November 14th, 2009 at 1:53 am
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November 16th, 2009 at 9:57 am
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November 18th, 2009 at 7:05 pm
Plug your numbers in here…
But dude, if you can’t do better than 24.5%, you should just ride a bike until you can save most of the price of the car!