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Understanding monthly rate change with downpayment
good_boy_1234
Member Posts: 71
So I am negotiating with a dealer for the monthly rate for Touring 2020 inclusive rate and he offered these 3 options:
Zero downpayment and everything rolled in monthly rate as $441/mo
$1000 downpayment with 410/mo
$2000 downpayment with 379/mo
If I am dividing 1000 over 36, I get 27.7 but we can see the monthly rate changes are in 31 value.
Can someone explain please?
Zero downpayment and everything rolled in monthly rate as $441/mo
$1000 downpayment with 410/mo
$2000 downpayment with 379/mo
If I am dividing 1000 over 36, I get 27.7 but we can see the monthly rate changes are in 31 value.
Can someone explain please?
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2015 Subaru Outback 3.6R / 2014 MINI Countryman S ALL4