2 ms·
For 3 years? Yeah that makes sense, but if you do 40k (think SUV / upgraded mid-sized car) at 70 months, at 5% its in the 750 range a month, which is still not
by giancarlostoro 2y ago
For 3 years? Yeah that makes sense, but if you do 40k (think SUV / upgraded mid-sized car) at 70 months, at 5% its in the 750 range a month, which is still not quite that high. I can't imagine most people do 3 year car loans.
- FireBeyond 2y agoYeah, I have to imagine that the convergence of: - people buying new - but looking for the cheapest trims - on an aggressively short loan is particularly large. Don't get me wrong, I'm not a fan of the 108 month or more loans starting to show up, but still.