|
My question is how much are you willing to pay per month? You know you only pay interest on what you owe. If you financed with them today at that rate and paid the car off in a year then you would only pay interest for one year vs. 5 or 7. Sure the apr sucks but if you stayed disciplined and paid as much as you could every month until it's paid off you would save a ton of money. You could also consider refinancing within a year or two at a lower rate.
Also multiple credit checks in a month for an auto loan won't hurt. It's just an indication that you are in the market. Just don't do it a bunch of times month to month.
|