RE: Serious question here need financial experts opinion
Say that is the scenario, where the car is 45k and you put down 20k. So that leaves 25k. Now don't forget Tax, license, possible gas guzzler tax and any other small expense. You are looking out the door cost closer to 30k for a loan. I have a 6 year loan and my loan was close to there and pay close to 600, and that is with 9.9% as my credit wasn't the greatest.