Sunday, April 14, 2024

Car Salesman Math

1 comment:

WilliamRocket said...

Reads fine to me, $18,997 financed on a limited time term at 0%, but you pay $1000 extra by doing that.
Or you pay cash and take the rebate of $750, so you outlay $17,997.
There are 5 cars being offered for sale in regards to this offer.

Can't remember in 2010, but at todays auto finance rate of around 7% and lets say a 12 month finance contract, you'd be looking at a total outlay of $19,257, which is $1605 monthly or $401 every 4 weeks.

Those Camrys are good cars if bland, and with proper engine care they will last you decades.

I would never buy one.