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Hi car salesmen of reddit,
I just bought a new car today as a first time buyer and a recent college graduate. I wanted to hear your thoughts on the deal I got. Please bear with me as I do not remember the exact dollar amount, hence they shall be rounded.
I got a CRV EX-L (white) for a total price of: $39,400 and here is the breakdown:
- Amount financed: $29,500 @ 5.9% APR
Finance charge: $4,900
Down payment: $5,000
Monthly payment: $576/mo @ 60 mo.
I have excellent payment history but my credit score is rates at 601 when they pulled it. I would like to learn whether this would be considered overpaying? Or maybe I got a good deal? I want this to be a good learning experience for the next time I purchase another car. Thank you very much!
P.S. sorry about the formatting I'm on my phone.
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- 3 years ago
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