Quote:
Originally Posted by inter1032
maybe he plans to buy it  |
Sure hope not.
Purchase price: $66,406
$730 x 36 months = 26,280
plus $13,742 down.
Total after 36 months is $40,022 spent (actually more since i think i forgot to add in tax)
Plus $35,000 buy out. At the end he paid over $75k for a $66k car. Will be more factoring interest if he takes a loan out to pay the $35k off. So if hes planning to buy this car then hes spending a lot more in the long run.