car was $31K, i bought maybe $3K in accessories and warranties, there was no trade in, but i paid $15K down cash. Financed for 6 years (72months) at 11.55%.
Thank you for the quick response! My finance rate was 11.55%. I put $15,000.00 down on the car, and couldn't figure out why, after paying over $10,000.00 on the car in the last 21 months i still owe more than the car costs!
I was just reviewing my auto loan from last year and trying to figure out why i still owed so much. I saw where it said i paid an auto finance charge, which i found out the average price is $1,000.00, and represents the amount they charge you just to finance you. Mine is a few dollars shy of...