what financing did you use?

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Sep 30, 2006 | 01:21 PM

#26

mini-mine

5th Gear

Joined: May 2006

Posts: 766

Likes: 1

From: Seattle, WA

Quote:

Originally Posted by princeofwaldo

I could have made it only 500 down, the extra 1100 clipped the monthly installment by $25 a month. Personally, I would rather take the hit up front then be squeezed later on.

Yep, I agree... I hate departing with huge sums of cash at once, lol, but since a car is a pretty major purchase and you are stuck with the payment for however long, I decided to do it. I put $3000 down on top of the $500 deposit for a total of $3500 down. My payment is $329 a month.

Oct 1, 2006 | 07:24 PM

#27

Mineon

4th Gear

Joined: Jul 2005

Posts: 596

Likes: 0

From: Central Ohio

Quote:

Originally Posted by StuandJoy

Thats odd. If there is available balance they shouldnt care how they get their money.

Except that retailers typically pay a percentage to the credit company for every charge they accept. I believe 3% is fairly common, so on a $20k charge for a car, that would be an additional $600.

-Keith