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      09-29-2011, 10:54 PM   #62
FVM3
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Drives: e92 m3, f30 328i
Join Date: Sep 2010
Location: Los Angeles

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Quote:
Originally Posted by persian54 View Post
Actually it depends

That's cause the Credit union has good rates where you are


Here, the best rates I've seen offered by CUs is 3.9%.
I was forced to pay 9% on my first autoloan 3 years ago on the Dodge...paid off after a year, but 9% interest is a PITAAAA
If i were you, i would rather pay the 9% interest to build up the credit history. 9% is so less on a car loan,also calculate how much u have to pay for 5 years let say, maybe just $3000. But you didnt pay that once, that what you pay in 5 years.Put those cash in stocks , you can easily earn more