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Old 09-24-2009, 10:51 AM   #1
SpaceShot
 
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Drives: 2008 Yaris 5 speed HB
Join Date: Oct 2008
Location: NH
Posts: 171
I have the 2008 version of the same car and certainly recommend it.

Look for a local credit union that you can join for a $50 savings deposit. You should be able to get a credit union loan that is a much lower payment than what they have. The value should be higher than that price and you shouldn't have a problem getting the credit union to issue a check to pay off their loan. (if you ask nicely)

It may be that they were trying to pay it down quickly with a 3 year loan or may have had a high rate.
For example : $300 down, $7K loan, 4 yr @5.5% = $163/mo
If you look hard enough you might find a 4% loan...
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Old 09-28-2009, 01:43 PM   #2
Y@R15
Dude wheres my car?
 
Drives: 98 honda VTi
Join Date: Sep 2009
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Quote:
Originally Posted by SpaceShot View Post
I have the 2008 version of the same car and certainly recommend it.

Look for a local credit union that you can join for a $50 savings deposit. You should be able to get a credit union loan that is a much lower payment than what they have. The value should be higher than that price and you shouldn't have a problem getting the credit union to issue a check to pay off their loan. (if you ask nicely)

It may be that they were trying to pay it down quickly with a 3 year loan or may have had a high rate.
For example : $300 down, $7K loan, 4 yr @5.5% = $163/mo
If you look hard enough you might find a 4% loan...
ha most these b@5t@rd5 around here wanna give me a d@mn3d 14% + intrest rate id say my credit sux,lol.
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