Estimated monthly cost?

Asked by Feb 17, 2017 at 09:23 AM

Question type: Shopping & Pricing

I want a car that is $10,000 and it says that it
is about $350/month. Is that a loan that I
have to get from a bank, or do I just pay
$350/month to the dealer until the $10,000
is paid off?

1 Answer

104,065

It is most likely the loan payment from a bank, loan company, or credit to union, unless it is one of those buy here pay here high interest car dealers, then you make the payments directly to,the dealer but it is still the loan payment, maintaining the vehicle is all on you, it is not included in the loan.

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