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Originally Posted by cbondhonda
Just so you know.....with that drive out and 13k down....your payment should have been NO MORE than 145 over 60 months....and thats at 7.49%!!! so unless you got a higher than average APR....you will spend at least 1k more over the term unless you just got it and have time to go back to the dealer and pitch a fit....
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I checked the payments on 3 different sites... If I am not confused most websites call OTD the price before TTL since TTL will be different in most states ie. DE dosen't have any sales tax. I guess I might have gotten taken but 2 other dealers said they would only either match it and the third said he would match it and pick me up from a local CarMax after I sold my truck. Before I left my house for the dealer my calculations were only $0.22 less a month than what the final payment came to be... I had put the #'s into a couple of payment calculators like on vehix.com or or one of the dealerships websites because I don't know exactly how the interest rate applies. It isn't just total financed plus 4.9% divided by 60 otherwise it would have been $149.xx a month...
Price of Car was $20289
Tags and License $211
5% MD sales tax $1025
Down Payment $13000
total finance $8525