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Old 04-24-2012, 06:59 PM
iMpower iMpower is offline
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Join Date: Oct 2011
Location: USA
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Thanks for the replies.

I was trying to calculate how much interest you'd have to pay over 60 months if you finance the car (buy it) and the amount that turns out is not that terrible. You literally pay 80-130$/month in interest depending on the interest rate.

So, I guess, it's probably more beneficial just to buy the car and not be in a rush to pay it off since the interest rates are pretty low nowadays.
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