u/Hemmas92

Image 1 — Help with effective interest rate
Image 2 — Help with effective interest rate

Help with effective interest rate

Can someone help with the effective interest rate for this quote?
I can’t tell if the interest rate is pre or post GST. I get an input tax credit equal to the GST
I’m getting 11.34% if pre GST and 8.3% if post GST.
What’s a competitive effective interest rate?

Insurance on the quote is high would look to use Suncorp who quoted $1,650 per year

I have paid a deposit and secured the vehicle a few weeks ago… long waits at the moment Dec26 build arrival Feb/Mar 27

u/Hemmas92 — 7 days ago