My 350z got totaled =(

Chuck33079 · 12-14-2014, 09:34 AM

Quote:

Originally Posted by czirrfb

I can "afford" this car. I make enough. My credit sucks ***, which is why I have to go 72 months and a higher apr. I obviously plan to pay it off much faster.

According to an online loan calculator. With 8% apr for 72 months it should be around $5,500 in interest over the term for $23k financed and $2,000 down.

If you can afford this car, then you should have no problems making the higher payments that come with a responsible 36 month note. Buying a vehicle on a six year note is a bad move.The length of the note is more a factor of getting the payment down to the point where you think you can "afford" it, not your credit. But go ahead, no one has been able to tell you anything your entire tenure here. Go ahead and pay almost $30k for a 2010. That kind of thinking is probably why your credit sucks.

If you were smart, you'd buy a car cash and build your credit so you can buy cars without 8% apr.

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