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Old 08-04-2007, 10:12 PM
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Re: Oldsmobile Supreme cutlass 1981/86/87 8 cylinder

So do you want to know what monthly payments would be if you bought the car for $2300 and took out a loan? If you got the loan for 3 years, (36 monthly payments), and figuring on a rate of roughly 12%( I arrived at this figure given the age of the car , many lenders may opt for a personal loan which has a higher % rate than a car loan. I figured roughly 12% interest for a personal loan.) The monthly payments would be under $100/month. You may also opt to include any state sales tax on the vehicle when you go to register it at the DMV and any licensing fees. Most of the time those costs can be factored into the loan. Sometimes you also might be allowed to take out a little more in case you need to fix the car and need money to do so.
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