I sure know the feeling of paying almost $700/mo!
when I first financed my current car back in Nov 2010, my credit scores were so bad I needed a cosigner, luckily a family member helped out but he had a one year BK on his CR. We didn't get a good deal at all but I needed a car for the new job I had started. I was paying $1200/mo on a rental for 5 months! no other dealership wanted to help.
CapOne financed it for 26.99%! so I was paying $598/mo for a 72 month term. The car is an '08 Honda Accord EX-L. After one year and two months of payments when I finally refinanced it, I realized that I had just paid $5K on interest ONLY and about $2K went towards the principle!
when I first financed my current car back in Nov 2010, my credit scores were so bad I needed a cosigner, luckily a family member helped out but he had a one year BK on his CR. We didn't get a good deal at all but I needed a car for the new job I had started. I was paying $1200/mo on a rental for 5 months! no other dealership wanted to help.
CapOne financed it for 26.99%! so I was paying $598/mo for a 72 month term. The car is an '08 Honda Accord EX-L. After one year and two months of payments when I finally refinanced it, I realized that I had just paid $5K on interest ONLY and about $2K went towards the principle!