buying a new car

[footballcoach]

I might be interested in getting a new sienna, a brand new one with 0 miles and since it would be my first such purchase I was wondering if anyone can explain the deal with interest rates and how things work?

 

[cXsna_]

hey, so generally you deduct your downpayment from the total car price then an interest rate will be computed based on the remaining amount and term of payment. it could vary whether you go straight for dealership financing or take your loan elsewhere.. it's easier if you ask for computation, it's non-committal anyway!!

 

[Crocodile]

I might be interested in getting a new sienna, a brand new one with 0 miles and since it would be my first such purchase I was wondering if anyone can explain the deal with interest rates and how things work?

Pretty sure interest rates are based on your credit score as well. Hmm.