For those that did not finance with NISSAN, help please !

tonybui

Now I havent been to any dealership so I wouldn't know the exact the number to finance. I already have some down payment of my own. Do I just mail them back the remaining ?? does it count that the remaining is my first payment ?? cuz I dont want my monthly payment to be too high because I borrow 32000 instead of 25000 (lets say I have 7000 of my own as down payment) Thanks again

I'm a noob at all this !!

dad

This won't help with the bank stuff, but it may help at the dealership.
Maintenance-Car bibles

Money Shot

It's a simple process, but first you would need the price of the car your are buying plus total taxes and registration fees. Once you have that amount, subtract your down payment (say $7k) from that total amount so you'll know how much money to borrow then contact the banks and credit unions to compare their rates. Pick the best rate available and submit an application as they'll look at your credit history to see if you will be approved.

Once the loan is approved, you'll know the APR rate and your monthly payments will then be calculated. They'll either give you the check in person or mail it to you. You then proceed to take the bank's check plus your own check (the $7k mentioned above) to the dealer and it will be treated as a cash deal at the dealership. You don't owe Nissan Financing anything but rather you'll make monthly payments to the bank or credit union that gave you the loan.

tonybui

Thanks, you gave the best answer that I'm looking for. Appreciate it !!