Does Infiniti offer 84mo financing?
As title states
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Why do 84, Might as well do 96?
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Yes they do.
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I've never heard of anyone financing a car for 7 years. Why would you want to do that... just to be able to afford the monthly payment? If so, you might rethink priorities.
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sometimes people want the lower payment for now and pay it off quicker then usual...maybe he will keep the car for 7 years...if he wants the car that bad then hell by all means necessary....
7years is a long time...would you like to share with us why you are willing to pull it out for that long or do you have a plan??? maybe it can be something to help some of us out in the future..thanks and good luck with a purchase!! |
Thanks guys, good to know I can go 84.
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year. So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok. I also never put money down :) |
35000 miles a year?! what do you do? pulling cargos with a coupe?
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thanks..thats great and smart info!!!
yea what the hell do you do? canonball runs all year long?? lol |
Originally Posted by ucla bruin
(Post 2237708)
35000 miles a year?! what do you do? pulling cargos with a coupe?
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I don't get it....:dunno:
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Boston
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Has anyone gotten rates for 84 months?
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Originally Posted by EightOneZero
(Post 2237704)
Thanks guys, good to know I can go 84.
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year. So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok. I also never put money down :) Plus, by him extending his financing to the max, if he wanted to keep the car, he can still finance it for 84 mos (payment may be $620 for example). For example, a 48 mo term may cost him ($920 for example). By him sending in a payment of $920 ($620 + $300 extra principal) on the 84 mo term, he will be saving a huge chunk in interest, and maintain a flexible monthly cash flow. |
Originally Posted by EightOneZero
(Post 2237704)
Thanks guys, good to know I can go 84.
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year. So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok. I also never put money down :) Here's a thread on another site. Notice Tarry's response. http://www.bimmerfest.com/forums/sho...d.php?t=241281 |
Originally Posted by iko
(Post 2237878)
Actually, most people in your shoes will lease for 2 years and pay the extra mileage. Since the residual is baked you won't take a bath on the resale value. A two year old car with 70k miles is gonna take a real beating. Do the math.
Here's a thread on another site. Notice Tarry's response. http://www.bimmerfest.com/forums/sho...d.php?t=241281 |
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