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Divorce and the Big Car Payment

Discussion in 'Model S: Ordering, Production, Delivery' started by ⚡️ELECTROMAN⚡️, Nov 26, 2016.

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What would you do if your marriage was less than perfect.

  1. Cosign with your wife to save $500?

    13 vote(s)
    21.0%
  2. Get the loan in your name only?

    49 vote(s)
    79.0%
  1. Max*

    Max* Charging

    Joined:
    Apr 8, 2015
    Messages:
    6,658
    Location:
    NoVa
    80k @ 1.99% for 72 months = $1,179.68/month payment = $4,937.26 total interest paid.
    80k @ 1.74% for 72 months = $1,170.92/month payment = $4,306.58 total interest paid.

    Difference = $630.68
     
  2. ⚡️ELECTROMAN⚡️

    ⚡️ELECTROMAN⚡️ The pain of sobriety is worth theBliss of sobriety

    Joined:
    Jul 15, 2016
    Messages:
    2,443
    Location:
    Nowhere
    You're right. I guess it's not accurate to calculate it at .25% to find the difference. I'm sure there's a reasonable explanation. Probably just the affect of amortization makes it non-linear.
     

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