Quote:
Originally Posted by Blenjar
Nice set-up u got dude...
well I got it all..i know it was dumb..my car out of the door was 16k with a 8% finacing on a 60 month.
Its 324 a month.
My dad will only help me until the 30th month, after that I'm on my own...
What do you suggest other than saving big cash and paying off the remaining in 1 hit? re-finance with lower APR in near future perhaps?
And how do you get that .5%+?
-- Blen
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the .5% i meant was if i financed my car for 5.5% and placed 12,000 in the bank on CD for 6%, then i still gained .5% rather than paying for the car outright and i can always divert the money to wherever it is needed.:) hope this clarifies my odd theory. hehe