2007-05-12 08:15:52 · 7 answers · asked by mike 1 in Cars & Transportation ➔ Buying & Selling
sorry i did a typo pay*
2007-05-12 08:16:29 · update #1
It depends on what interest rate you're being charged on the loan of $5700. The higher the interest rate the more the payment.
I suggest you contact the auto dealer and ask them if they arrange for a loan, finance the car themselves, or expect you to arrange for the loan. If they arrange for the loan or if they finance the loan, then ask them what is the interest rate, for how many months can you finance the car (the longer the finance period, the lower the payment, but you pay for a longer period of time).
Bottom line, you need to do your homework before you get obligated and in debt. If you don't do the homework, then you can either be put in a situation where you're paying too much for a $6,000 car or the payments are beyond your ability to pay.
Ask questions of the car seller, not us....... good luck.
2007-05-12 08:28:14 · answer #1 · answered by txguy8800 6 · 0⤊ 0⤋
It depends on the term of the loan (i.e. 5 years or 6 years) and the interest rate you're being charged.
2007-05-12 08:20:47 · answer #2 · answered by the Boss 7 · 0⤊ 0⤋
Depends on the length of the loan and the interest rate...call your bank and speak to a loan officer on different scenarios
2007-05-12 08:20:05 · answer #3 · answered by paul h 7 · 0⤊ 0⤋
It depends on how long the financing is for and at what interest rate. Without that it is not possible to provide an answer.
2007-05-12 08:18:59 · answer #4 · answered by jbone907 4 · 0⤊ 0⤋
How long is the financing? # months
What is your finance rate? 19% anualy
A little more info would help.
2007-05-12 08:20:45 · answer #5 · answered by Mr. KnowItAll 7 · 0⤊ 0⤋
2 chickens and a pig every month, if you live in india....
2007-05-12 08:57:06 · answer #6 · answered by TONY 4 · 0⤊ 0⤋
too little info.....term of loan.....credit score needed
2007-05-12 08:19:31 · answer #7 · answered by Anonymous · 0⤊ 0⤋