Getting straight raped by this auto loan I recently signed...

[Wild self]

Go to police auctions for cheap ass vehicles that run great.

 

[Ethnic Vagina Finder]

My ex fukked up. She traded in her Jeep for a new one in 2012. She financed a little over 22k for 72 months. If she makes all of the payments she will have paid over 11k in interest alone. 24% APR

She's made her payments on time for the past 15 months So I told her to refinance.

 

[ORDER_66]

My ex fukked up. She traded in her Jeep for a new one in 2012. She financed a little over 22k for 72 months. If she makes all of the payments she will have paid over 11k in interest alone. 24% APR

She's made her payments on time for the past 15 months So I told her to refinance.

So explain she's gonna be paying more towards that final payment???

 

[Ethnic Vagina Finder]

So explain she's gonna be paying more towards that final payment???

Well the principle was for over 22k. After 15 months she's paid over 7,000. Right now the principle is only a little over 19k. So only 3k has been paid into the princple and the rest is interest. If she refinance she should get a lower APR on that 19k which will lower her payments or if she keeps paying the 475 a month she will pay of the loan faster.

 

[ORDER_66]

Well the principle was for over 22k. After 15 months she's paid over 7,000. Right now the principle is only a little over 19k. So only 3k has been paid into the princple and the rest is interest. If she refinance she should get a lower APR on that 19k which will lower her payments or if she keeps paying the 475 a month she will pay of the loan faster.

Sounds good but $475 a month? jeesus christ? My car was like 9k I put like 2k down knocked another 2k I'm about to finish this shyt in 3-4 months but im paying like $235 a month.

 

[Wild self]

fukk that shyt, if you ain't putting at least 50% of the car's cost right there, I wouldn't even bother.

 

[ORDER_66]

fukk that shyt, if you ain't putting at least 50% of the car's cost right there, I wouldn't even bother.

You talking about the 22k or the OP's post? It's hard sometimes to have 50% of the car's overall cost already in hand, that's why people get auto loans.

 

[Ethnic Vagina Finder]

Sounds good but $475 a month? jeesus christ? My car was like 9k I put like 2k down knocked another 2k I'm about to finish this shyt in 3-4 months but im paying like $235 a month.

She bought it brand new with like 8 miles on it. She got like 5k from her trade in but that APR killed her. They told her if she made her payments on time after a year she could refinance.

 

[Wild self]

You talking about the 22k or the OP's post? It's hard sometimes to have 50% of the car's overall cost already in hand, that's why people get auto loans.

Maybe cause I have well over 35k saved up, but for me, I rather just get the payments done and make sure I don't deal with crappy interest payments.

 

[ORDER_66]

She bought it brand new with like 8 miles on it. She got like 5k from her trade in but that APR killed her. They told her if she made her payments on time after a year she could refinance.

Ok I see. but why didnt she go somewhere else to get a better deal?

 

[ORDER_66]

Maybe cause I have well over 35k saved up, but for me, I rather just get the payments done and make sure I don't deal with crappy interest payments.

True...

 

[Brock Landers]

28

Highest I heard was like 20 when I was selling.. Dealer prolly said don't even look at anything else, this is the only car we can sell you

Dealer probably treatin dude with straight contempt, ashing his cigarette on him and everything

Plannin on dropping 10k on a bike brehs

 

[Ethnic Vagina Finder]

Ok I see. but why didnt she go somewhere else to get a better deal?

she didn't know any better.

 

[ORDER_66]

she didn't know any better.

 

[illadope]

Shoulda just rented a car for a minute....or copped a beater off Craigslist/