For example: I bought a 2007 Enthusiast with a loan amount of $21,250. The note is for 66 months @4.99% payments are $368/mo.

 

The length of the note is meaningless if you are a financially responsible person. My payments are 368/mo, but when I add a $100 to that payment every month I will have the car paid off in a shorter amount of time. But when I dont feel like paying 500/mo I dont have to.

 

$34,000 down,..............no monthly payments,.........WWWWWWOOOOOOHHHOOOOOOO

 

Now thats the way to do it.