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    jackiezagar's Avatar
    jackiezagar Posts: 1, Reputation: 1
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    #1

    Mar 16, 2009, 01:39 PM
    Car purchase
    If I want to buy a car for 390.00 a month for 5 years at rate of 6.5 percent what should the highest I pay for the car
    spitvenom's Avatar
    spitvenom Posts: 1,266, Reputation: 373
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    #2

    Mar 16, 2009, 02:00 PM

    Depends on how much you put as a down payment for example car is 19,800 then add the tax and destination fee it comes out to roughly 21,698 (I am using PA's tax of 6%) with 2,000 down it will be around 399.
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