QUOTE(ar188 @ Jan 14 2013, 07:53 PM)
still ok if you can keep the repayment low, wait till u see those balloon interest payments.. after paying all at end tenure, then kena 5 figure final payment.. 
that one they call it stepped-financing, which is even worse, and mostly reserved for crazy kids who change cars every 2-3 yrs. yes, u can drive a beemer with just 1,800+ per month, but only the 1st yr. after that, you die. before you die, you change car again, and start with the lower-tiered payment
in the end, even before you buy a new car, you already owe the bank a considerable amount of money
which makes the bank happy. very happy.
Jan 14 2013, 08:00 PM
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