Tuesday, August 4, 2009

Crazy 88 auto loan?

tv auto commerical, for a 88 dollar down payment and a 88 dollar a month payment



Crazy 88 auto loan?

If you're asking if this is possible, then yes, it is possible. For example, if I sell you a car for $5088, have you put $88 down, and finance the balance for 6 years at 8.5% with a monthly payment of $88.88, then I've just met the terms you've described. I'm sure this is for a well-used car. A couple of things to keep in mind:



1) The auto dealer is allowed to specify that they have only one car at a particular price - and then they only have to provide the deal for that one %26quot;ad%26quot; car. The rest they can sell for whatever they want.



2) Technically, they could sell a car for whatever they wanted at $88/month, and then have a balloon paymment due at the end of the term.



When buying a car, it's almost always better to get pre-approved with a lender (like your credit union), and then go shopping for the car at a particular price - unless you can still get a good price and something like 0% financing. Get a loan approval and figure out your payments first so you won't get mixed up on what's a good deal or not for the car purchase price. Good luck - and don't trust the car salesman.



Crazy 88 auto loan?

Its a tv ad as you knw,but to respond to your question I saw the commercial this morning and I cant find it either.88auto.com? Report It



Crazy 88 auto loan?

the web page is crazy88auto.com........and all you need to do is go to the web-site and make sure you read the disclaimer!!!!!!!



It is a complete scam!!!!! Report It



Crazy 88 auto loan?

The disclaimer indicates the $88 rate is for up to three months only, at the dealer's discretion, and for qualified buyers. Report It



Crazy 88 auto loan?

I just want to say, I saw the crazy 88 on TV,It sounded good.So i called them up. let me tell you its a scam to get you into Hare Chevy.They are the Worst dealer to deal with. BEWARE!!!! Report It



Crazy 88 auto loan?

What is your question?????

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