Monthly payments

Asked by IamMrCollins Jul 27, 2018 at 01:32 PM

Question type: Shopping & Pricing

How do you guys (car gurus) come up with the monthly
payments? What criteria do you base it off?

1 Answer

F_O_R answered 5 years ago

I don't think CG's has anything at all to do with payments. Lenders determine payments with math. The price, interest rate and term of the loan are used to calculate the monthly payments.

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