In Reply to: Mine was $32160. I put down $15700. Low payments! posted by Alex on April 15, 1999 at 18:19:04:
: It was almost 50% down on the car (minus tax+licenses+doc fees,etc). It sounds insane, but I wanted $400 a month payments (60 months @ 7.9% APR).
Huh? If you put down $15,700, 60 months at 7.9 would be $330 per month.
If you wanted to keep your payments at $400 for these terms, you could have financed $19,775.