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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
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#1 (permalink) |
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A True Z Fanatic
Join Date: May 2009
Location: Maryland
Posts: 1,397
Drives: 09 Sports 6 Speed
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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 !! |
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#2 (permalink) | |
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Grand Prix of Endurance
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#3 (permalink) | |
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Base Member
Join Date: Feb 2009
Location: Bay Area
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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. |
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#4 (permalink) | |
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A True Z Fanatic
Join Date: May 2009
Location: Maryland
Posts: 1,397
Drives: 09 Sports 6 Speed
Rep Power: 429 ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() ![]() |
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