Re: Trying to figure some things out....
07-04-2012 01:25 PM
Depending in what state you live in, you can expect an APR anywhere from 10.29% to 16.78%.
With $5,000, you should be fine to get a new vehicle with an MSRP of $22,000. But in my opinion, you should get something that is less, because of the high APR that you will get and trade it in a couple of years. As long as you pay on time and keep everything else in good standing, you should qualify for a much lower APR then.
Starting Score Myfico EQ: 676 08/11/2011
Current Score: Amazon EQ Pull: 781 Walmart TU08: 782 AMEX EX Pull: 745 08/03/2014 Goal Score: 780+
Hover over image to see limits