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      11-21-2009, 12:51 AM   #2
yemenmocha
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Drives: 14 335i Msport-PPK, 06 M3
Join Date: Jul 2006
Location: Phoenix

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Do you have extra cashflow coming in over the upcoming months that would have comprised your downpayment?

If you take the slightly higher interest rate but put some down towards the principal early in the payment schedule, then you're not paying that much more over the life of the loan (assuming no pre-payment penalties of course). Overall, 5.9% isn't "bad" for historical norms. You're going to lose a 5-figure amount of $ when you drive the new car off the lot, and easily $25-30k in depreciation over 5 years, so I wouldn't have so much anxiety over a 5.9% loan over a 4.xx loan that you can't get.