No extra money upfront, but $500 a month for 60 months.
Leo looks at the SUV through the glass partition. He’s a 'drive it until the wheels fall off' kind of guy. He realizes that by "buying" the lower rate, he’s actually buying peace of mind for the next five years. He reaches for the pen. "Let's do the buy down." buy down interest rate car
The dealership smells like floor wax and expensive coffee. Leo sits across from a salesman named Marcus, who is currently sliding a four-square sheet across the desk. No extra money upfront, but $500 a month for 60 months
"So," Leo mutters, "I'm spending $2,000 now to save $60 a month. That means it takes me about ." No extra money upfront