Originally Posted by downwardspiral View Post
Not for nothing I am paying over $100 a month less to finance my 2011 (with ~4000 miles) over 4 years (48 mo) @2.17% financing through a credit union. If you have any kind of respectable credit score, definitely check out credit unions. Insurance is $2200/yr and Im 25 for the record.
You are not paying that for a similarly priced car and down payment. If you were paying $100 less which would be $365 for 48 months without interest you`re making $17,520 in payments. Add a 3,000 down payment and your at $20,529. Even at 0% APR you are 11k short.
The 5.9% interest rate is just what it was set for.