Toyota Corolla Financing

[koss78a]

hello is this too much for financing on a 2005 toyota corolla sport

total price with everything and all taxes is $31627

im putting $10000 down

so it workouts at

60 month finance at

$360.45

the rate is 5.7% is that too much

if i were to pay this and pay this mininum for the 60months

how much in total interest would i be paying, moneywise,

how do i make the calculations?

how can i save myself money?

how can i get th finance % down? any suggestions?

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as well secondly for the mazda 3 sport

the local flyers advertise 0% finance for 48 months on mazda

but the quote i got at the dealer ship was about

4.9% interest for finance.

This is the mazda 3 hatch back 2004

the total price with everything $30101.25

then im adding $10000 down

so i finance 20101.25

which works out to $379 a month at 4.9% for 60 month

is that too much for finance?

what would the total cost i be paying just in interest after the 60 months, how do i calculate this?

thank you

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What do u all suggest i do in financing charges? i wnat to own my car, not have a lease, whats the best way to save some $$$

any suggestions?

thank you

[eep2nw]

Get another loan from a different bank if you're already having one. Never trust financing schemes offered by dealers. They'll rip you off in one way or another..

[The Gooner]

You would probably pay just over $6000 interest.

I would get a bank loan, they are norm cheaper interest.

I take it the 2 cars you are looking at are Corolla Tsport and Mazda 3 2.0 sport.

I had the Mazda 323 2.0 Sport, very nice car, has same engine as Mazda 3.

I exchanged for the Tsport and have deff done right thing, its quicker and is better build quality. The Mazda also lost shed loads of money in time I had it, £5500 in 2 years. ( I bought it new)

Personnely out of the 2 I would go for Corrola, better car all round and is more solid, you tell staright away just bu shuting doors :D