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

Own this car?

Share your experience with others.

2018 Toyota Camry

Write a car review

Review another car

Shortcuts

Resources

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

Know more, shop wisely

Search

Related Models For Sale

Used Honda Accord
1,592 Great Deals out of 30,584 listings starting at $1,500
Used Toyota Corolla
1,620 Great Deals out of 28,599 listings starting at $1,950
Used Honda Civic
1,488 Great Deals out of 28,884 listings starting at $900
Used Toyota RAV4
2,023 Great Deals out of 34,003 listings starting at $2,495
Used Toyota Camry Hybrid
278 Great Deals out of 3,160 listings starting at $1,500
Used Toyota Avalon
179 Great Deals out of 2,236 listings starting at $499
Used Lexus IS
310 Great Deals out of 5,066 listings starting at $900
Used Lexus ES
463 Great Deals out of 7,335 listings starting at $1,999
Used Toyota Tacoma
2,165 Great Deals out of 54,357 listings starting at $3,499
Used Toyota Highlander
1,446 Great Deals out of 15,696 listings starting at $1,725
Used Toyota 4Runner
981 Great Deals out of 10,419 listings starting at $3,400
Used Nissan Altima
1,510 Great Deals out of 39,435 listings starting at $1,000
Used Honda CR-V
2,039 Great Deals out of 38,718 listings starting at $900
Used Dodge Charger
802 Great Deals out of 14,685 listings starting at $1,425
Used Ford F-150
6,599 Great Deals out of 174,785 listings starting at $1,600

Used Cars for Sale

2025 Toyota Camry For Sale
109 Great Deals out of 16,692 listings starting at $25,863
2024 Toyota Camry For Sale
194 Great Deals out of 2,809 listings starting at $19,498
2023 Toyota Camry For Sale
281 Great Deals out of 3,910 listings starting at $16,498
2022 Toyota Camry For Sale
294 Great Deals out of 4,093 listings starting at $14,995
2021 Toyota Camry For Sale
287 Great Deals out of 2,895 listings starting at $11,492

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.