2. You pick out a new car and the dealer is offering 0% interest for 60 months...
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2. You pick out a new car and the dealer is offering 0%
interest for 60 months or a cash-back bonus of $4,000.
Your negotiated price is $25,000. Your credit union is currently offering a special interest rate of 3.5% for 60-month car loans. What should you do and why?
Show your work. (LO 7-1)
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Related Book For
Personal Finance Building Your Future
ISBN: 9780077861728
2nd Edition
Authors: Robert Walker, Kristy Walker
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