Interest rates change every month with the manufacturer, and vary by model for new cars. Easiest to find the interest rates on the manufacturer website for the most accurate info.
So is this something you have to negotiate at the car delaerhip or can I just start making my payments biweekly and save on the interest by paying it off early
The interest rate can range from 0 - 6% for new cars, and is calculated on an annual basis. The interest paid is the same, regardless of monthly or biweekly payment. We have a tool on the site you can use to play with different payment options: conquestcars.ca/car-loan-calculator-canada/
Great video ! Thank you !
Thanks for checking it out! Ash Happy to keep pumping out industry and vehicle specific info! Let us know how we can help!
Nice!!!!!
Yeah man 👌
Nice going to do biweekly
Its a good option if you schedule it the same as your biweekly pay from work!
yes but whats the interest rates
Interest rates change every month with the manufacturer, and vary by model for new cars. Easiest to find the interest rates on the manufacturer website for the most accurate info.
So is this something you have to negotiate at the car delaerhip or can I just start making my payments biweekly and save on the interest by paying it off early
how u find out the interest rate on how much to pay weekly or monthly
The interest rate can range from 0 - 6% for new cars, and is calculated on an annual basis. The interest paid is the same, regardless of monthly or biweekly payment. We have a tool on the site you can use to play with different payment options: conquestcars.ca/car-loan-calculator-canada/
Matilda!!!! 😂
Haha! Appropriate reference right?
Nice
I have a 2020 Malibu and my bi weekly is $498.92
1K a month plus insurance that’s high my guy