Why is monthly payments to a dealer looked down on when in all i want the lowest payments no matter what it takes.!!?

One of the biggest mistakes a dealer can make is to put one of those "loan calculators" on their websites... it brings people false hopes. You'll see tons of young people trying like heck to "fit" a payment based upon those things, then they think they're going to get a new Corvette for $500 a month for 96 months, then they go to the dealer to find out they don't qualify for the car at all. They also then learn that taxes/title/tag/fees bring up the total more than what's shown on the site.

I wish those calculators would only allow a loan term up to 48 months (well, heck, maybe 60). This would give people a REALISTIC look at what they can afford.

If you're a "payment buyer", and that's all you care about, you're far from making your best deal. Plus, as mentioned, you'll be buried in a vehicle with negative equity for years.

Hi so as your not the brightest spark in the box i will explain it. a car cost money this money buys a car. this money has an interest rate attached to it. this interest rate has a percentage on it. this percentage rate goes up the longer the car is brought over. so you could end up when paying so much less costing three and four times the price of the car so. when it falls apart in 6 years time you could still be owing money on it. failure to pay gets you into a debtors court so you end up paying for this the rest of your life.

Because if you extend the loan for too long a period of time, the car is probably worn out and worthless before you have paid off the loan.

You see that on here all the time.

"Help I still owe $10,000 on my car loan, but my car is only worth $5,000. What can I do?'

Well they can't do anything now, they just have to keep paying, and hope the old car keeps running,

What they should have done is knuckled down paid off the loan in 2 or 3 years. Then they would OWN that $5,000 car, and easily go and trade it in on a newer one.

Of course the dealer won't tell you this. He will just show you how the payments will lower, so you can buy a more expensive car than you can truly afford, and he makes more profit. What happens 3 years down the track when you are under water on your loan isn't his problem. It's yours.

You don't care how many years ? You're a moron.

Usually the dealer charges the highest possible price, and the greatest rate of interest and accepts most anybody just so they can bleed them dry.

If you really got a good deal, then this is a rare exception.