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**Murlo26** · 10-29-2012

So almost turned into a bad day today. I think its still a good day, but things changed a bit.

The finance manager just called and said that I wasn't approved for the 0% for 72mo...

Apparently the whole 2nd mortgage at 2200/mo (which is a rental that is paid for, mean renters there, co signed with my dad) and the fact I have only 1 auto loan payment history, the evo made Suzuki deny me. The guy said Suzuki has been very stingy with approving these (i don't blame them, all banks should be now a days imo). however, I did get approved for a $1500 rebate and 1.9% financing over 72 mo. So even though I am paying interest, the rebate actually makes it more attractive, ever so slightly. My payments drop like 2-3 bucks a month and total interest is ~1400 so I gain $100 in the long run.

I am going to check math on this as I am still a little skeptical, so before I sign I will review it all. After some quick checks it seems to be correct though and it works for me.

Anyone see anything wrong with this math? As in 1500 less off the initial purchase price still means less money overall over 72/mo. I think it was either 1.9% or 1.99% financing.

10-29-2012	#272
Murlo26 Join Date: Dec 2009 Location: Lino Lakes Drives: 17 Honda Accord Posts: 4,041	Re: Need New DD...~15k So almost turned into a bad day today. I think its still a good day, but things changed a bit. The finance manager just called and said that I wasn't approved for the 0% for 72mo... Apparently the whole 2nd mortgage at 2200/mo (which is a rental that is paid for, mean renters there, co signed with my dad) and the fact I have only 1 auto loan payment history, the evo made Suzuki deny me. The guy said Suzuki has been very stingy with approving these (i don't blame them, all banks should be now a days imo). however, I did get approved for a $1500 rebate and 1.9% financing over 72 mo. So even though I am paying interest, the rebate actually makes it more attractive, ever so slightly. My payments drop like 2-3 bucks a month and total interest is ~1400 so I gain $100 in the long run. I am going to check math on this as I am still a little skeptical, so before I sign I will review it all. After some quick checks it seems to be correct though and it works for me. Anyone see anything wrong with this math? As in 1500 less off the initial purchase price still means less money overall over 72/mo. I think it was either 1.9% or 1.99% financing.