Quote:
Originally Posted by Carsten
I understand everyone argument about buying a cheaper used car. And I have been paying off a cheap used car for some time now but it still hasn't built any credit. And I have a very stable job and make close to around 60k a year at the moment(wedding photographer) So a 500 car payment is within reason for me. And I know with that kind of money I could just save and by the car in cash, but that would take a good year+ to save up for. Obviously if this loan doesn't work out than that will be the plan, but waiting a year plus to buy this car is a little long for me.
But I'm understanding the apr dilemma, I understand how interest works but when I've used the scion calculator at the same interested I just wayyyyy different numbers.
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Just keep shopping around for loans. You have mKe good money and can make the payments. The dealer is going to sell you a car wether you use them or bring them a bank draft.
You're gonna have to find the best loan yourself. Keep searching, I know you'll find the right bank.