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How to Calculate Car Payments

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Comments

I Got Lost Season 4 brit sucked
Comment from : @Serio-Dawg

Why Would Someone Need A Car Loan If We Can Pay It In Cash Who Cares About Filling IRS Forms Always Pay In Cash For A Car Because It Depreciates Value Over Time Unlike A House
Comment from : @byronchavarria4954

Lol since my calculator is a basic one I had to google “to the power of”… the equation still worked… THAAAANK-YOUUUUUUU!!!!
Comment from : @anthonythomaslogistics6633

Is APR from credit card different from Car loan?
Comment from : @hirahiro2331

WTF??!!
Comment from : @kirrus4781

Too fast for me to follow
Comment from : @Benchamast

Am I in a Math class ?
Comment from : @ahmadsafi7298

I bought my car new in 2018 and just paid it off! br🥰/
Comment from : @greeksalad4783

thanks for making this easier for everyone
Comment from : @dizzolve

This is actually really accurate I compared it with the quote from the dealer and it was 99 accurate Is there a formula name for this? I don't think it's "Pert" but something similar?
Comment from : @YizkiM

Got lost when he said ugh never mind
Comment from :

Step 1 leave here and search loan Calculator
Comment from : @jimjonny9279

you should explain, why you add 1 or subtract 1 what the purpose, as of now i Think its just waste of time to watch this video
Comment from : @blackdiamond9074

My hurt heads
Comment from : @ElProletario

My bi-weekly payment should be $204 and month is $794?? In reality, I pay $250 bi-weekly
Comment from : @PlzDuntCensorME

holly b**/b batman, this is crazy
Comment from : @therabbitswhisper

This video tells you what to do but doesn't show you what to do
Comment from : @keeler1160

I'm confused in STEP 4 If you multiply Step 4 36 times, I get 362016 How are you getting 1223 in Step 5???????????
Comment from : @dapperlygrungy3189

All this for what exactly?!
Comment from : @michaelp1338

why couldn't this be shown as an actual math problem? This doesn't help m at all Gunna fail this class at this rate
Comment from : @stormcrowlegendary3512

I don't get the same results when I use the written formula compared to the online calculator It's always off by a few dollars Why is that?
Comment from : @jenriquez

I don't get something Why in the school is more complicated explain the same thing that this guy can do more simple and clear?! Wow
Comment from : @nao-kun6512

20,000 loan on a 5 interest should total 21,000 When you look online br20,000 on 5 interest comes out to about 22,645 what a rip-off
Comment from : @rulerpaco

I been looking at the online calculations and you want to be at a 2 interest from a consumers viewbrTrust me it does not make sense when you do the math A 2 interest equals to a 5 interest when you do the mathbr A 39 or 4 will equal to 105 to 11 interest
Comment from : @rulerpaco

I just got a big headache on top of a headache, Thanks
Comment from : @alfredopalacios8998

Step 10: save some money and pay cash for your car
Comment from : @youtubefun5782

I just took the same numbers I got from the example from this video and plugged them into payment calculator and got completely different numbers
Comment from : @paulmacal8037

Ok How much will it cost to hire an accountant?
Comment from : @Ryoma_lawang

What a freaking bad video👎
Comment from : @sunnyrastin

wtf
Comment from : @networkfreddy2000

theautoloancalculatorcom/category/loan-calculators/
Comment from : @urbanmadam4207

Finally the cost of car was 10000with interest for 5 yrs it became 25000
Comment from : @danialpun4945

Thank you Knowing the math I can work backwards from the monthly I want, and determine the total loan and down payment needed
Comment from : @BruceLeeroy7

This is very confusing for me I am out now
Comment from : @zakinaab

That moment when you forgot to change the percent to a decimal after a whole semester of stats, and you calculate the monthly payment of 4447 dollars
Comment from : @waywardhero1177

If you came here for answers to your questions, you left with questions to your questions and no answers
Comment from : @ChekMaFresh

It worked, I did the math by myself with simples numbers and I compared it with an auto loan calculator app and got the same results
Comment from : @echepr

they should make another video by giving example how these numbers work
Comment from : @shakachahal

I'll just continue walkingbrThanks thou
Comment from : @leejlinton9990

this math doesn't equal out to the same number the dealer gave me nor the number numerous car finance calculators gave me Who's lying to me here?
Comment from : @Jayjaychavez23

Step 1: Use an online car payment calc with a "Gap" feature of $299 or add a "1" under Sales Tax Rate within the calculator and the monthly payment should come out the same
Comment from : @hiblendmedia

So they financed a $10,000 and with tax and interest it went up to 11,200? brbrI went in to finance a 8,000 car and at the dealers finance I was told it would 60 payments of 360ish which is around 22,000 so I got up slapped the finance leech and walk away
Comment from : @JuiceBox22

Step nine:br this sucks!!!
Comment from : @dancava8710

youtube/AuA2EAgAegE
Comment from : @ثابت-ج6ض

I don't want to buy a car after this lol
Comment from : @josephvallejo2094

My brain just exploded
Comment from : @allinonethegreat

My math gave me $30758 with those terms and figures Not sure I trust this method if the can't even do the math right Looking to develop my own calculator in Excel for this for loan payments, this was no help since I can't trust it
Comment from : @broderp

so sad I graduated but Idk how to work this:"(
Comment from : @saiesafari9640

What in the world, you got something more simple that's to much Got my brain hurting
Comment from : @miltonwilliams2399

I lost when he said get pen and paper
Comment from : @mankind8464

So i watched this video and changed each of the numbers to a variable so i could create a step by step formula Pulled this out during the negotiations and the sales people were like "uhhh ohhhh" got the general manager Lol
Comment from : @theadventuresoftommyandshawna

You should explain what each step gives you
Comment from : @CaptainRawn42

Or just use an online calculator GOOGLE auto loan calculator Very simple and very useful You just input the amount financed, interest rate, and terms
Comment from : @jerrylundegaard2592

I think I'll be walking
Comment from : @41wardell

Step nine, call at bankruptcy attorney
Comment from : @JamesBond-uz2dm

okI got the scientific calculatornow what
Comment from : @niteshtak12

Wtf lol
Comment from : @ratedr111

so in this scenario, the 674 is 674 of what exactly??
Comment from : @glockks56

Just google car payment calculator morons
Comment from : @Tundra0128

Why would this video make somthing so simple seem so complicated ,brIm glad i had watched a few videos and allready understood what the hell they are trying to teach me
Comment from : @markm2163

how about, tire iron, though window drive away ?
Comment from : @normmallett8840

Great post! thank you
Comment from : @dannyrodriguez1776

You can also rearrange the formula for calculating PV of ordinary annuity to solve for monthly payment given PV
Comment from : @Arif_PAK

A little girl will go hungry today why is this important again?
Comment from : @samestrada2344

would you like that super sized sir?
Comment from : @samestrada2344

I think I am going to get a bicycle instead
Comment from : @sizzlnsaff4

Step 1 Save up and pay cash for them
Comment from : @therpcuban8608

I was lost after 10 senconds
Comment from : @ezdrive4238

This is someone explaining it to another math mathematician lol
Comment from : @uncleeddiethetoolguy6257

Other online calculators give me 30758 not 31111, why is it off by almost 4 dollars
Comment from : @calstate

W - T - F!
Comment from : @MrBostonrobb

Why can't the interest be purley a factor of the amount financed for example: your interest rate is 4 your loan amount is $20k that would be $800 in interest that would you would have to pay over the term of your loan why doesn't this work?
Comment from : @kamnadem7720

APRIL FOOLS
Comment from : @livanhernandez8881

THIS SUCKS!
Comment from : @livanhernandez8881

what the hell
Comment from : @johnjoe858

Step 1 Have cash money
Comment from : @thousand_cycle

Manual workings
Comment from : @62Gasanova

step 9 completely disregard steps 1 through 8, save up and pay for the car in cash
Comment from : @andybrown2611

I still could not get it I need to calculate $20k principle, 60 months, rate 274
Comment from : @nataliealston3861

step 1: auto finance calculator online step 2: oh wait that's it
Comment from : @henrypacheco9048

Step 6: How did you get 82 as an answer? I thought you were dividing 1223/1 with an answer of 1223 Now how am I suppose to follow from here if my answer is different than yours?
Comment from : @MoniqueDMarcano

step 4 times step 8 divided by step 13
Comment from : @petergutierrez9356

lost me at step 6
Comment from : @kingpro192

Good information Many people do not understand how to do this If they would take the time to learn it could save them many dollars!
Comment from : @ezautocreditusa3132