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Smooth23 · 09-14-2006, 11:28 AM

That does help alot. I've been doing some thinkin, and I think my aim is going to be for a loan under $20,000, no more than 21. I'm going to shop around till I can get the car new for $22-23k(msrp of 28-33, its possible-other people are doing it). If I finance though the car company they go to 6 years at about 5% i beleive. Correct me if my math is off, but at $22,500(21k+tax, title,licence) thats 6750 in finance charges for 6 years so 29,250. 29,250/72= $405/mo. Sound more reasonable? is my math anywhere near correct?

edited to add: My monthly take-home is actually a about $2,000 to 2100- paid by weekly so more some months. All this math might be completely irreleveant starting in october, rumor has it we're going up to 12 hrs a day, that'll push my income waaaay up while ot is high.

09-14-2006, 11:28 AM	#341 (permalink)
Smooth23 Tilted	That does help alot. I've been doing some thinkin, and I think my aim is going to be for a loan under $20,000, no more than 21. I'm going to shop around till I can get the car new for $22-23k(msrp of 28-33, its possible-other people are doing it). If I finance though the car company they go to 6 years at about 5% i beleive. Correct me if my math is off, but at $22,500(21k+tax, title,licence) thats 6750 in finance charges for 6 years so 29,250. 29,250/72= $405/mo. Sound more reasonable? is my math anywhere near correct? edited to add: My monthly take-home is actually a about $2,000 to 2100- paid by weekly so more some months. All this math might be completely irreleveant starting in october, rumor has it we're going up to 12 hrs a day, that'll push my income waaaay up while ot is high. Last edited by Smooth23; 09-14-2006 at 11:36 AM..