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tomxtr · **Re: 2003 Oldsmobile Alero GL -** 11-11-2004, 08:24 AM

[quote="[22nd Elite] Cloud":66547]
it's an 03' with 50k miles for $10k USD happy:

300 a month for 5 years, not bad i have to say for my first new car happy:[/quote:66547]

$300 a month for 60 months (5 years)? ed: Assuming that you put nothing down and your loan amount is the full 10K, that's like 26% interest rate. Sounds like you got hosed. Assuming that your credit is decent you should have been able to get a rate around 5 or 6% which would have put your payment in the neighborhood of $190 a month. Not trying to make you feel bad, but the financing sound fishy.

[url:66547]http://www.capitaloneautofinance.com/Public/Calculator/CalculatorPopup.aspx?USE_TARGET=TRUE&ELC=N?redir=t rue[/url:66547]

	(#5)
tomxtr is Offline Sergeant Posts: 1,234 Join Date: Dec 2003 Location: USA	Re: 2003 Oldsmobile Alero GL - 11-11-2004, 08:24 AM [quote="[22nd Elite] Cloud":66547] it's an 03' with 50k miles for $10k USD happy: 300 a month for 5 years, not bad i have to say for my first new car happy:[/quote:66547] $300 a month for 60 months (5 years)? ed: Assuming that you put nothing down and your loan amount is the full 10K, that's like 26% interest rate. Sounds like you got hosed. Assuming that your credit is decent you should have been able to get a rate around 5 or 6% which would have put your payment in the neighborhood of $190 a month. Not trying to make you feel bad, but the financing sound fishy. [url:66547]http://www.capitaloneautofinance.com/Public/Calculator/CalculatorPopup.aspx?USE_TARGET=TRUE&ELC=N?redir=t rue[/url:66547]