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Well thanks for no advice, any ways got the loan $8000 finaced on a 03 tibby. They took 3000 trade in on my car which I owed 4800 on and sold me the car for $4000 when they had it priced at 7900. I also got GAP and 27k powertrain warrnty.
Bank communitywestcu
Loan amount 8000
Intrest rate 10.9
Is it just me, or do I only see a $5800 deal here? How the heck do you end up with a $8K loan??
Gap,warranty,dealer fee, tax,processing fee, it adds up.
It usually doesn't add up that quickly.
You have a $4,000 car, $1,800 upside down on your old car, and you financed an addition $2,200 in "fees"?
GAP on a car of this value doesn't make much sense to me. How many months did you finance the car for?
How much did you pay for the powertrain warranty?
It really sounds like you are a young man that desperately wanted a new car and the dealership took advantage of you.
Please enjoy your vehicle.
pay if off as fast as you can.
Good luck.