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How do i know how much i should get a loan for if i haven't decided which vehicle I'm going to buy?
Wiki User
∙ 17y ago
Hello, Jamison here, Have an idea of how much you want to pay monthly, aprox $20.00 per thousand financed (depending on your interest rate) So if you finance 10,000 for 5 years at 10% it would be prety close to $200.00/month,,,,,,,,,,,,,,,,,,,,,,, DO NOT TELL THE SALESMAN HOW MUCH YOU WANT YOUR PAYMENT AT, ASK HIM THE PRICE OF THE CAR! IF HE WILL NOT TELL YOU THEN LEAVE!!!!!!!!This is A real offer from A car lot here in Ft. Smith Ar. (this is on A NEW car too)= How much do you want to pay monthly?, I dont want to go over $500.00,,,,, OK we can do this, $3875.00 down and $499.00 for 72 months, On A BRAND NEW "----" TRUCK,,,,, That does not sound too bad?,,,,,,,, The sticker price is $19788.00,,, 499X72mo= $35928.00 PLUS the down = $39803.00,,,,,,,,,,, $40,000 for A $20,000 truck I DONT THINK SO!!!!!!!!
Wiki User
∙ 17y ago
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