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Old 08-23-2016, 09:54 PM   #7
rucus
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Join Date: Aug 2016
Location: Victoria BC
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Quote:
171 bi weekly... why don't you just get a brand new car

I just priced out a 2016 corolla S and its 183.50 biweekly for 60 months at .48% @ 5000 down
I think the best interest rate they can give to me is 7.18% for a loan term of 60 months. I think partly because I do not have any credit history in Canada. I am in my early 30's and a working professional so I cannot see any reason why they can not give me a good rate except that I do not have a credit history (except for a credit card that I pay faithfully).

A brand new 2016 Corolla S at 183.50/bi weekly is really a good offer. I would take if I find an offer like that.

Thanks,
Rucus
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