Loans.org Illustrates Furious Costs of Financing Fast Cars

Loans.org’s latest infographic shows how much it could cost to own the custom cars from The Fast and the Furious. It features nine of the best customized cars from the six movies in the film series.

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(PRWEB) June 26, 2013

Everyone who sees the custom cars from The Fast and the Furious movies wants to own one when they leave the theatre. But just how practical is it to finance one of those exotic rides?

The latest loans.org infographic shows that consumers would have to borrow a very large auto loan to afford most of the notable custom cars from the Fast and the Furious series. This infographic analyzes nine of the most appealing custom cars featured in all of the franchise’s films, spanning from The Fast and the Furious 6 to the first movie, The Fast and the Furious.

As borrowers might have guessed, the cars are highly customized, so they can get very expensive.

For example, the 1999 Nissan Skyline GT-R from 2 Fast 2 Furious was customized with a K&N Ram Air system and an HKS Titanium Exhaust. Borrowers would need to borrow a car loan of $103,179.06 in order to purchase this fully customized car.

If a custom Skyline GT-R’s auto loan was taken out for four years at 2.58 percent interest, then borrowers would pay $2,264.70 each month. After a full 48 months, borrowers will have paid out $5,526.38 in interest alone.

That massive interest payment could be knocked down by decreasing the auto loan’s term, or duration. If borrowers instead agreed to a three-year contract, they would find their monthly payments jumping up to nearly $3,000 a month, but after the 36 months, they would only forfeit $3,976.09 in interest — a savings of over $1,500.

How much do the other cars from the Fast and the Furious cost? Check out this infographic to learn how much they total, along with their possible 48-month and 36-month car loan payments.

For the full infographic, please visit http://loans.org/auto/infographics/fast-and-furious.

For additional information on car loan interest rates please visit http://loans.org/auto.

About loans.org:

loans.org is a leading lending authority website that covers financial news, produces informative articles, and answers frequently asked questions. In addition to providing lending-related information, loans.org also hosts a variety of free online application forms for prospective borrowers to use when applying for loans.


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