Quote:
Originally Posted by VirtualGuitars
That’s basically what I tried to tell him - especially with savings accounts that yield well over 5% interest. He doesn’t seem to be grasping that, yes, he would have a higher payment, but he will also still have all of that $25K making interest at the same time. With that being said, I’m astonished that this thread is still going!
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You are right, I decided to put $5,000 down instead.. I also got them to take another 7k off, so I’m getting 28K off MSRP, $9,900 plus $18,500 additional, so a little over 15%. MSRP was 191K ish and now it’s $163,000. So my payment is $2,450 per month w 5k down for 10k miles for 3 years. Is that better?