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Message
re: I can’t help but think a lot of people driving newer cars with upside down loans
Posted on 5/8/24 at 6:23 pm to PeteRose
Posted on 5/8/24 at 6:23 pm to PeteRose
quote:
On top of the high car prices, the interest rates are ridiculous. I have an 800 score my bank offered me a 10% rate.
Toyota offering 2.99 for 36 months
3
Posted on 5/8/24 at 7:06 pm to Dawgfanman
quote:
2.99 for 36 months
You are financing something that is almost equal to what a home cost back in in the 1990's, and you want to pay that back in 3 years or less.
Your payments will be well north of 1,700 a month for 3 years on a 60k car. That is more than some mortgage and rent payments.
Unless you are making over 6-8k clear a month that is unsustainable, and hopefully your mortgage is around 2k a month.
Posted on 5/8/24 at 7:40 pm to Dawgfanman
quote:
Toyota offering 2.99 for 36 months
It's 3.99 right now. Just bought from them a month ago
Posted on 5/9/24 at 8:31 am to Dawgfanman
quote:
Toyota offering 2.99 for 36 months
Let me know when the 0% for 36+ months comes back.
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