auto loan rates

August 10, 2010

I purchase a tahoe 3 weeks ago and i realize that the interest rate is 17.5 % for a 27,000 auto loan?

ohni0000 asked:


this interest rate is making the montlhy payments $650 /month. The loan officer said that if I pay this for a year we can get it refinance. I not sure about this, I believe I jumped to fast and didnot realize. My questions are, is this too much interest , can I get it refinance for cheaper payments like she said, can I take vehicle back to save from going through this, is 17.5% alot???? Please help me , I really dont know too much about this and need help from internet buddies. Thansk in advance

Jamie

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