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candor ny | It sounds like they added the interest to the loan as if it were paid to the end. Gm financing did that when i bought a new truck in 2003. showed up with a lot higher balance then what i paid for the truck but it was amount i would have paid if i took loan to term. 2800 is about the interest on a 5 year note at 8% on 12k. Payment would be in the 250 a month range. double check the payment against the original loan or purchase to see. Pay off wasn't what was on the statements when i paid it off but i did have to call to get the correct number. | |
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Used vehicle loan rip off
