10-26-2012, 11:11 AM
(10-26-2012, 10:51 AM)ramseycat Wrote:(10-26-2012, 10:26 AM)username Wrote: At 0,9%, my payment is going to be around $700 a month. Yuk.
That is insane User! Are you putting anything down? I guess if you can afford it, it's no big deal. But a car payment like that would give me heart palpatations. It's SEVEN HUNDRED DOLLARS . Does anyone else think this is crazy? At least you got a good interest rate.
My husband doesn't want to put anything down. At 0.9%, it's basically "free" money. He'd rather keep the cash and invest it and earn whatever he can earn on it; maybe 3, 4, 8% or more depending. It makes sense but it still makes my stomach clench.