First time auto loan

[Rackham94]

Okay guys I took a dive and got a dealer price on used 2012 Mazda 3 I touring sky active 28k miles good condition listed for 14900 to 14.2k and 2k down so a 12.2k loan for 48 months @6.09 through TD Financial which Mazda picked how do I easily escape paying hefty interest no penalty for prepayment guy wanted me to make at least 3 payments
Cause they apparently had an agreement cause my history was so short

[Rackham94]

Guy means finance manager 6.09 percent

[Rackham94]

APPROVING BANK: TD Financial
BUREAU PULLED: TU
CREDIT SCORE: 657
CUSTOMER STATE OF RESIDENCE: MS
NEW/USED: USED
YEAR OF VEHICLE:2012
MAKE:MAZDA
MODEL: Mazda3
MILEAGE:28xxx
RETAIL/LEASE:Retail
AMOUNT OF LOAN:15234.75 (added USWC 100k/5Yr warranty)
TERM CONTRACTED:48
APR/LEASE RATE:6.09%
MONTHLY PAYMENT: $354.79 (314.75 without warranty)
ANNUAL INCOME: 50k
DEBT TO INCOME RATIO: Low (student loans 6k cc under 3k no previous auto loans)
MISCELLANEOUS COMMENTARY: I am 18 and turn 19 tomorrow need a PM on advice on my purchase I cannot get it out of my head did i get gipped or did I do okay should I have not done the warranty on a used idk idk idk   I know it is too late i read the T&Cs my first dealer car bought private before cash deal

[Rackham94]

bump

[Rackham94]

bump.....

[Simply827]

I think you got a good deal on the car, the interest rate, maybe, maybe not. You can always refinance to a lower interest rate in about a year. Does your contract state that there are penalties for pre-payment? Are you saying they also wanted 3 payments up front?

[Rackham94]

No contract says no penalty for prepayment and they said the finance company sometimes gives them deals on applicants borderline and part of deal is the buyer makes 3 on time payments preferably before paying principal off

[Rackham94]

Bump

[Simply827]

Well 3 months of interest isn't that bad. I still think you got a good deal.

[Rackham94]

Thanks (: is there any way to cancel the service contract warranty from uswc United States warranty corp