Car financing help. Can anyone simplify this to me?

4 comments
  1. It seems that it doesn’t add up lol (im stupid i know).

    Monthly: 4426 x 36 = 159,366

    Down: 80,130

    Total: 239,466

    Where did 161,184 go? LOOOOL

  2. You will pay 4426 kr each month for 36 months vat included.

    You need to pay 80.130 upfront
    The rest is paid over 36 months.
    There is also a onetime fee of 750 and another of 695.

    After 36 months you have paid half of the cars full value

  3. If you own your apartment or house use that to take a loan if you have enough difference between the worth and your loans..
    A lot cheaper, you can get fixed interest and you can/might be able to move the payments for the house loan to the “car” loan.. Thus paying of the debt faster.
    I would not recommend paying for a car longer than 5 yrs and you need to (for your own economic wellbeing) have the loan paid off when you sell the car.

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