12.88% Interest on Used Cars?

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[joyellensauter]

Many car loans are calculated using amortization. Which means the amount you pay on interest and amount paid towards the principal changes as the loan progresses. Paying extra on the loan always goes towards the principal.

[disern]

They need to teach finance as a requirement in ALL HIGH SCHOOLS. But probably still wouldn't help. The mass populace is willingly ignorant of this stuff

[brendasmith]

Mine was 16!! Still managed to pay it off within 7 months !

[judysar]

Credit Union behind my house 5% no matter how long u wanna loan

[gopusa]

I've been seeing a lot of low interest rates advertised lately. Honda is offering 1.9% and GM is at 0.

[AndrewChun]

0.9%-2.99% APR for well-qualified buyers. 👍

[benkimball]

So you are saying only finance a new car?

[jreinel]

0 interest on my car loan, almost done paying it..!

[funfactstolaugh]

Off topic. Your voice is so sweet. You should try singing

[paulbracewell]

Ain’t nobody with decent credit paying 12.88% lol

[donhagerty]

❤❤❤ I HAVE PAID CASH FOR EVERY CAR THAT I HAVE EVER OWNED❤❤😂😂

[NotPerdomo]

.9% on my tesla. Thanks Elon. (Patelco)

[yujuti]

I didn't pay off my car just because I bought it with 0 financing.

[colie]

mine is a 2.9% interest rate & i pay around $433 a month :/

[heathergoettsch]

My first car the interest rate was 18.57% I just paid it off 😳

[marikiemarie]

Who cares. We are all here to pay bills amd die anyways.

[pompommania]

No, it isnt. Cause this gal has no car.payments hehehehe