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Gotta use both hands to choke a big chicken

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Yeah. That's a bit high. I was curious yesterday. It looks like 5% with a perfect credit score. 4yr note on $40,000 puts you around $5k in interest if I recall correctly.
Sounds more like it. I haven't done a car loan in decades but it seems to me I got 4% at a credit union. Still, a grand or more a month just in interest for a nice car. Ouch.
 
Sounds more like it. I haven't done a car loan in decades but it seems to me I got 4% at a credit union. Still, a grand or more a month just in interest for a nice car. Ouch.
In the end, if you drive a new car until it dies, $5k over 20 years really isn't that bad. But holy cow. I've got a buddy that took like a seven year note on a diesel.
 
Yeah. That's a bit high. I was curious yesterday. It looks like 5% with a perfect credit score. 4yr note on $40,000 puts you around $5k in interest if I recall correctly.
I bought a car that was $38K three years ago and financed it thru my credit union. I took a 5 year loan and paid it off in about a year.
I barely paid any interest, but I kinda "coughed blood" every month when I ponied up.
 

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