VW Beetle Payment Options
Monthly Payment: $514.60
Total Interest: $2,788.99
Monthly Payment: $418.54
Total Interest: $3,200.68
Monthly Payment: $352.89
Total Interest: $3,496.17
Structure 3 comes in at $352.89 as the cheapest monthly payment option.
Which structure's of total interest on the life of the loan is least expensive?
Structure 1 has a total interest of $2,788.99 making it the cheapest option in this category.
Which structure's total amount paid is the least expensive?
Structure 1's total is $24,700.99 after 6 years.
Which Would I Choose?
I would definitely need a job to help pay for this car. As well as, budgeting my spending in other areas I could pay for the car. If I worked 20 hours a week for $8 an hour, I could make enough to make my payments, even after tax.
Gas and insurance - well that's another story!
"Keffer Volkswagen (@Vwkeffer) | Twitter". Twitter.com. N.p., 2016. Web. 8 May 2016.
"New 2016 VW Beetle Convertible 1.8T S Huntersville Charlotte North Carolina Area | Keffer Volkswagen". Keffervw.com. N.p., 2016. Web. 8 May 2016.