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What are the monthly payments?

April 26, 2017PAYMENTS

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10 Posted

What are the monthly payments?

4 Answers

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Your monthly payment will depend on many different factors. Price of car, interest rate, length of loan, how much money is put down, etc.

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Obviously monthly payments vary on your credit profile as well as the cost of the vehicle you’re interested in, the amount of your down payment or trade-in, and the interest rating you receive on your auto loan. However, feel free to check out our Loan Calculator to calculate what your monthly payments might be. Remember that a down payment will greatly reduce the total monthly payments as well as the amount paid each month.

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Monthly payments are based on a buyer’s credit profile and the cost of the vehicle that is being purchased. New car purchases are given extended terms – up to five years to pay-off.

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Monthly payments are based on your credit profile and the vehicle you are purchasing. Newer, lower mileage cars qualify for extended terms. The best payments are on less expensive cars that have under 50,000 miles.