TwinTurbo.NET: Nissan 300ZX forum - Not really.
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Subject Not really.
     
Posted by Scotts94z32 on October 30, 2007 at 1:31 PM
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In Reply To Eric. You got mad smarts. I like the way you broke it down. (n/m) posted by CameronSF on October 30, 2007 at 12:26 AM
     
Message A $10k loan ($14k vehicle, $4k down) is going to run a minimum of 7.7% (from my quick search for personal loans) interest, so you'd pay $451/month for 24 months at a total interest amount of $822. All this plus the increase in insurance. I don't know of any bank that gives auto loans on 15 year old cars. Some credit unions will fund an auto loan for a 10-year old car, but I have never read of more.

SS

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