8th Generation Honda Civic Forum - View Single Post

918civic · 03-25-2008, 08:15 PM

I'm almost 100% sure most people on here don't include interest paid when it comes to OTD. Most post OTD as price they agree plus tax title and license. Interest alone is a few grand or so depending on rate.

For example, my 08 Si...

21,200 *price*
300 doc fees
385 or so for license plate
1,600 or so for taxes.

That would equal my OTD price. However if I take 5 years to pay off the car tack on around 2,700 for interest....so my complete OTD price is over 26,000 dollars. How many people post up that they paid 26+ OTD for their Si? Almost no one. But unless they paid 100 % cash then that amount it not 100% correct.

03-25-2008, 08:15 PM	#3 (permalink)
918civic Senior Member Join Date: May 2007 Location: Phoenix AZ Posts: 1,399 Kevin iTrader: 0 / 0%	I'm almost 100% sure most people on here don't include interest paid when it comes to OTD. Most post OTD as price they agree plus tax title and license. Interest alone is a few grand or so depending on rate. For example, my 08 Si... 21,200 price 300 doc fees 385 or so for license plate 1,600 or so for taxes. That would equal my OTD price. However if I take 5 years to pay off the car tack on around 2,700 for interest....so my complete OTD price is over 26,000 dollars. How many people post up that they paid 26+ OTD for their Si? Almost no one. But unless they paid 100 % cash then that amount it not 100% correct.