Civinfo - View Single Post

Dawson · 27th June 2007, 20:22

My monthly payment on the Civic is £0.
My monthly payment on my last car (£18,500 over 5 years at 5.9% APR was £357 a month).

Ideally you'll never want to have more outstanding finance than the car is worth at any point in time, so if you need to get rid of it for whatever reason, you can pay off the borrowed money in full if need be.

27th June 2007, 20:22	#5 (permalink)
Dawson Locking Wheelnut Join Date: 7th December 2006 Location: Turriff Posts: 196 Thanks: 0 Thanked 0 Times in 0 Posts	My monthly payment on the Civic is £0. My monthly payment on my last car (£18,500 over 5 years at 5.9% APR was £357 a month). Ideally you'll never want to have more outstanding finance than the car is worth at any point in time, so if you need to get rid of it for whatever reason, you can pay off the borrowed money in full if need be.