Should I go ahead with this?

Asked by DodgeSucks25 Jul 16, 2018 at 09:17 PM about the 2018 Toyota Camry XSE

Question type: Car Selling & Trading In

Trying to buy a 2018 Toyota Camry XSE. Told dealership I dont want to do
interest (for religious reasons) and they "accomodated" me and this is the
price they gave me. Should I go ahead with it?

Original total with 0 down and 2.99% was 32,000. After I asked for "no
interest" option, they gave me a total of 34,442.

Am I reading this right? Im basically paying a lot more to do "no interest"
way??

1 Answer
10

Matt answered 6 years ago

You're not paying "a lot" more. You're simply paying the net present value of the interest annuity payments upfront.

2 people found this helpful.
Mark helpful

Your Answer:

Related Questions

  • Should I go ahead with this? 1 Answer

    Trying to buy a 2018 Toyota Camry XSE. Told dealership I dont want to do interest (for religious reasons) and they "accomodated" me and this is the price they gave me. Should I go ahead with it? O...

    2018 Toyota Camry XSE

    -

    Car Selling & Trading In

  • Should I buy a used car that has a small oil leak? 1 Answer

    Is it normal for cars around 100,000 miles to have a small oil leak? Found an '02 Camry with 104k miles for $2400 and noticed evidence of a small leak beneath the engine. I was hoping to get the 300k...

    2002 Toyota Camry LE

    -

    Car Selling & Trading In

  • How much should I ask for my wrecked 2009 Toyota Camry? 1 Answer

    I have a 2009 Toyota Camry LE that has damage to the front driver side. Someone I know said he could fix it and make it roadworthy again,. However, money is very tight. This person did express an ...

    2009 Toyota Camry LE

    -

    Car Selling & Trading In

  • I have a vehicle with agreed purchaser......can someone tell me what is going on with process? 1 Answer

    Is my purchaser proceeding with deal?

    2012 Toyota Camry SE

    -

    Car Selling & Trading In

  • can i sell my car how much i want 2 Answers

    I calculated my car through your website, it shoows me $4200. my question is , can i put what i price i want for my car if i place my car to your website? i mean, i want to make payment to your webs...

    2009 Toyota Camry XLE

    -

    Car Selling & Trading In

Shortcuts

Search Toyota Camry Questions

CarGurus Experts

  • #1
    Reelin68
    Reputation
    34,740
  • #2
    Tony Ciccotelli
    Reputation
    19,760
  • #3
    Tony Ciccotelli
    Reputation
    5,720
View All

Find great deals from top-rated dealers

Search

Related Models For Sale

Used Honda Accord
49 Great Deals out of 986 listings starting at $1,995
Used Toyota Corolla
147 Great Deals out of 2,422 listings starting at $4,690
Used Honda Civic
196 Great Deals out of 4,045 listings starting at $2,995
Used Toyota RAV4
105 Great Deals out of 2,563 listings starting at $3,495
Used Toyota Camry Hybrid
23 Great Deals out of 255 listings starting at $5,995
Used Toyota Avalon
4 Great Deals out of 34 listings starting at $2,499
Used Lexus IS
23 Great Deals out of 305 listings starting at $6,500
Used Lexus ES
16 Great Deals out of 186 listings starting at $4,500
Used Toyota Tacoma
46 Great Deals out of 1,104 listings starting at $9,995
Used Toyota Highlander
33 Great Deals out of 769 listings starting at $6,500
Used Toyota 4Runner
20 Great Deals out of 294 listings starting at $9,995
Used Nissan Altima
23 Great Deals out of 751 listings starting at $2,000
Used Honda CR-V
88 Great Deals out of 4,422 listings starting at $1,695
Used Dodge Charger
36 Great Deals out of 749 listings starting at $3,400
Used Ford F-150
298 Great Deals out of 14,246 listings starting at $1,712

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.