Figuring Out Jeep Note - JeepForum.com
Search  
Sign Up   Today's Posts
User: Pass: Remember?
Advertise Here
Jeep Home Jeep Forum Jeep Classifieds Jeep Registry JeepSpace Jeep Reviews Jeep Gallery Jeep Clubs Jeep Groups Jeep Videos Jeep Events Jeep Articles
Go Back JeepForum.com > Models > Jeep Wrangler Forums > Wrangler General Discussion > Figuring Out Jeep Note

Advance Adapters SYE KitsRIGID LED Light Blowout Sale - All Sizes, All Series, all Rubicon express discounts from oconee off-road

Reply
Unread 06-15-2013, 05:28 AM   #1
zenman
Registered User
2013 JK Wrangler 
 
Join Date: Sep 2012
Location: Junction City, KS
Posts: 290
Figuring Out Jeep Note

I'm too right brained to be good at math. Is there a formula to figure out what your potential new Jeep note would be figuring in payoff note on current loan?

__________________
New Jeep: 10th Anniversary Rubicon, Anvil with Red Leather seats

Old Jeep: 2012 JK Sahara Dozer
zenman is offline   Reply With Quote
Unread 06-15-2013, 07:52 AM   #2
ncb
Registered User
 
Join Date: Mar 2009
Location: Your mom's house, Colorado
Posts: 4,478
Google search auto loan calculator. Makes it easy to figure that stuff out and get an accurate payment amount.
ncb is offline   Reply With Quote
Unread 06-15-2013, 12:44 PM   #3
zenman
Registered User
2013 JK Wrangler 
 
Join Date: Sep 2012
Location: Junction City, KS
Posts: 290
Those don't help when you have to factor in a loan payoff of current vehicle.
__________________
New Jeep: 10th Anniversary Rubicon, Anvil with Red Leather seats

Old Jeep: 2012 JK Sahara Dozer
zenman is offline   Reply With Quote
Unread 06-15-2013, 05:25 PM   #4
mdm
Farm Wheeler
2000 TJ Wrangler 
 
Join Date: Apr 2005
Location: Elkmont, AL
Posts: 9,698
Cost of new vehicle
- Trade in value of current vehicle
+ Payoff on current loan
+ Any taxes, dealer fees, ... that will be added to loan
= Amount of loan for new vehicle

Example:
$25,000 = cost of new vehicle
$4,000 = value of current vehicle
$2,000 = current loan payoff
$2450 = taxes & fees

25000 - 4000 + 2000 + 2450 = 25,450 = amount of new loan.

Better yet, pay off the current loan and save your money until you can afford to buy your new ride without needing a new loan.
__________________
Keep in mind that free advice can frequently be worth less than you pay for it.
mdm is offline   Reply With Quote
Unread 06-15-2013, 09:12 PM   #5
zenman
Registered User
2013 JK Wrangler 
 
Join Date: Sep 2012
Location: Junction City, KS
Posts: 290
Thanks!
__________________
New Jeep: 10th Anniversary Rubicon, Anvil with Red Leather seats

Old Jeep: 2012 JK Sahara Dozer
zenman is offline   Reply With Quote




Jeep, Wrangler, Cherokee, Grand Cherokee, and other models are copyrighted and trademarked to Jeep/Chrysler Corporation. JeepForum.com is not in any way associated with Jeep or the Chrysler Corp.