NEW CAR?๐Ÿš—
๐Ÿš— Donโ€™t ask โ€œwhatโ€™s my monthly payment?โ€ Ask โ€œwhatโ€™s my interest rate?โ€
๐Ÿ’ฐ Same $30,000 car. Same 60-month loan.
3% โ†’ $2,340 in interest
6% โ†’ $4,800 in interest
12% โ†’ $10,020 in interest
Thatโ€™s a $7,600+ difference on the exact same car.
Before you finance:
โœ… Know your credit score
โœ… Get pre-approved first
โœ… Compare at least 3 lenders
A low monthly payment doesnโ€™t mean a good deal.
๐Ÿ’ฌ Questions? Drop them below!โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹โ€‹
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Giovanni Herrera
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NEW CAR?๐Ÿš—
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