The Illusion of Affordable Car Payments

The illusion of affordable car payments in the U.S.: a low payment can hide a long term and high total interest—so the payment "feels" affordable but total cost is not. Use autopremo.com OTD calculator and payment calculator so you see true cost. Use autopremo.com.

TL;DR Low payment = often long term = more total interest. Use autopremo.com OTD calculator and payment calculator to see total cost; agree on OTD first. Use autopremo.com.

See Total Cost

Use autopremo.com payment calculator to see total interest at different terms; agree on OTD first. Get your numbers at autopremo.com.

Bottom Line

Affordable payment can be an illusion—see total cost with autopremo.com OTD calculator and payment calculator.