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		<title>The Most Expensive Car-Loans in the World</title>
		<link>http://www.theautoinsurance.com/the-most-expensive-car-loans-in-the-world_2011-05-02/</link>
		<comments>http://www.theautoinsurance.com/the-most-expensive-car-loans-in-the-world_2011-05-02/#comments</comments>
		<pubDate>Mon, 02 May 2011 12:48:40 +0000</pubDate>
		<dc:creator>shane</dc:creator>
				<category><![CDATA[Featured Articles]]></category>
		<category><![CDATA[audi]]></category>
		<category><![CDATA[bugatti]]></category>
		<category><![CDATA[car]]></category>
		<category><![CDATA[expensive]]></category>
		<category><![CDATA[ferrari]]></category>
		<category><![CDATA[loans]]></category>

		<guid isPermaLink="false">http://www.theautoinsurance.com/?p=4167</guid>
		<description><![CDATA[Think you owe a lot on your car? Think again. Take a peek at some of the highest priced luxury car loans available.]]></description>
			<content:encoded><![CDATA[<p style="padding-left: 30px;"><span style="color: #800080;"><strong><span style="font-size: large;"><a href="http://www.theautoinsurance.com/wp-content/uploads/2011/04/most-expensive-car-loans.jpg"> (CLICK TO ENLARGE)</a></span></strong></span></p>
<p><a href="http://www.theautoinsurance.com/wp-content/uploads/2011/04/most-expensive-car-loans.jpg"><img class="alignleft size-full wp-image-4168" title="most-expensive-car-loans" src="http://www.theautoinsurance.com/wp-content/uploads/2011/04/most-expensive-car-loans.jpg" alt="" width="282" height="1410" /></a></p>
<p>Think you are buried under your car debt? It might help change your perspective if you see some of the world’s most expensive cars – and how much they would cost if you chose to finance them. Would you pay thousands in interest just for the privilege to own one?</p>
<p><strong>Bugatti Veyron Super Sport</strong></p>
<p>This luxury sports car costs nearly $2.6 million at the time of purchase, but if you chose to finance it for five  years at an APR of 10%, you’d pay an additional $55,242. That would make your total purchase closer to $3.3 million.</p>
<p><strong><a href="http://www.theautoinsurance.com/wp-content/uploads/2011/04/expensive-car-loans.jpg"><img class="alignright size-medium wp-image-4174" title="expensive car loans" src="http://www.theautoinsurance.com/wp-content/uploads/2011/04/expensive-car-loans-262x300.jpg" alt="" width="236" height="270" /></a>Maybauch Landaulet</strong></p>
<p>The chauffeur’s compartment can remain fully closed while the rear can be opened like a convertible, but is it worth $1.4 million? Finance it for five years at 10% APR and you will wind up with a total cost of $1.8 million total.</p>
<p><strong>Ferrari SA Aperta</strong></p>
<p>This exclusive Ferrari V12 has a price tag of $520 thousand at the dealership. But over five years at 10% APR, you’ll actually end up spending $662 thousand total.</p>
<p><strong>Audi A8L Sedan</strong></p>
<p>A performance luxury sedan, the Audi A8L has a more reasonable asking price than the vehicles listed above – a mere $84 thousand. But add in an APR of 10% and a five year loan, and you’ll be paying closer to $107 thousand for your ride.</p>
<p><strong>Chevrolet Avalanche</strong></p>
<p>This versatile truck has the lowest price tag in this comparison, at $46 thousand. But finance it at 10% APR for the next five years, and you will pay closer to $59 thousand total.</p>
<p>Curious about the difference between a Bugatti and a Chevrolet, if they are financed at different APRs?</p>
<p>Consider this: if you finance a $2.6 million Bugatti for five years, you will pay an additional $343,000 at 5%, $525,000 at 7.5%, and $714,000 at 10%. For your Avalanche, if you pay $46,000 with a five year loan, you will pay an additional $6,084 at 5%, $9,034 at 7.5%, and $12,641 at 10% APR.</p>
<p>So the next time you are worried that your car is too expensive or that you are paying too much in interest – you might want to remember these luxury cars and remember that it could be much worse!</p>
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