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SVTPerformance's Chain of Restaurants
Road Side Pub
LS3 peeps ? Turn me to the dark side
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<blockquote data-quote="Corbic" data-source="post: 16393282" data-attributes="member: 171475"><p>All depends on value of car, how much your borrowing, your credit rating, term and the union. Typically, you can easily get under 4-5% for 60/m.</p><p></p><p>So, just a CZ7 for example.</p><p></p><p>$19,500 retail value</p><p>Sale $17,500 - $5,000 down = $12,500 loan</p><p></p><p>So $228/m @ 3.7 * 60m = $1,211 in interest. </p><p></p><p>If you had to sell, obviously you can unload a C5Z for $12,500 in hours. Short of car damage there's no way you get upside down like you would with a newer Vette. </p><p></p><p>Setup weekly payment of $75/w and you'll pay $3,900 a year compared to $2,736 and basically cut your interest cost in half and pay it off a year sooner. </p><p></p><p>Can you trim $75/w to find room for a C5Z in your life? </p><p></p><p>C5Zs will only appreciate, and currency will only depreciate...</p></blockquote><p></p>
[QUOTE="Corbic, post: 16393282, member: 171475"] All depends on value of car, how much your borrowing, your credit rating, term and the union. Typically, you can easily get under 4-5% for 60/m. So, just a CZ7 for example. $19,500 retail value Sale $17,500 - $5,000 down = $12,500 loan So $228/m @ 3.7 * 60m = $1,211 in interest. If you had to sell, obviously you can unload a C5Z for $12,500 in hours. Short of car damage there's no way you get upside down like you would with a newer Vette. Setup weekly payment of $75/w and you'll pay $3,900 a year compared to $2,736 and basically cut your interest cost in half and pay it off a year sooner. Can you trim $75/w to find room for a C5Z in your life? C5Zs will only appreciate, and currency will only depreciate... [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
LS3 peeps ? Turn me to the dark side
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