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Formal Apology

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Old Jan 28, 2007 | 11:24 PM
  #11  
hummerboy's Avatar
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Joined: Jan 2007
Posts: 26
Default RE: Formal Apology

I guess i have one more final dumb question.

I am planning to put down 20k for the hummer. The dealer that i went to keeps telling me to get the 4 year plan for the finiance. I think the percentage is 6.9 or 7.9 couldnt really remember. This is my first tiem buying a car so im not too fimilar with the finanicing part, but could theyscrew me over on the fininiances by giving me a high rate? if they could what do you guys think the rate should be? my credit is very good and i have 20k limit on my chase, but because im a first time buyer they told me my rate is going to be high no matter what i dunno if this is true. Any info would help.
 
Old Jan 29, 2007 | 12:16 AM
  #12  
RutDogg's Avatar
Joined: Feb 2006
Posts: 1,183
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Default RE: Formal Apology

I put 18k down on mine and financed the rest throughmy bankat 5.5% for 72 months (288/mth). I wouldn't go any higher than 7.9% if I were you. If your credit is good you shouldn't have a high interest rate. Don't let the saleman bully you around!
 
Old Jan 29, 2007 | 12:31 AM
  #13  
Dennis's Avatar
Joined: Jan 2006
Posts: 7,579
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Default RE: Formal Apology

Go through a Bank or Credit union...Some GMAC financing is available too..Check around before you go with this dealer's offer.
 
Old Jan 29, 2007 | 05:53 AM
  #14  
Little Monster's Avatar
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Joined: Oct 2006
Posts: 1,226
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Default RE: Formal Apology

Hmmmm...[>:]
 
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