I'm potentially buying a 2005 GMC Savana 1500 tomorrow. I negotiated down from 18895 to $17800 and I will additionally provide them a trade in valued at $1000. They believe I have no down payment currently. So the loan amount would be $16800. They claimed that they can get my monthly payment to $350. When I asked what the interest rate was on this loan, they said 5%. But after messing around with a car loan calculator for a bit, I can't get the numbers to add up. This is a 60 month loan. Do the numbers add up?
Submitted May 05, 2019 at 11:12PM by walter_melman http://bit.ly/2DQzTpQ
