How to avoid finance charges on car loan?

Just financed a car and wondering how can I avoid the $6000.00 in finance charges (7.48% apr/75 mths) on an car loan. Not looking forward to all that interest so any advice will be greatly appreciated. thanks.

How to avoid finance charges on car loan?
Take out a home equity loan to pay off the car loan. Home equity interest would be deductible on Schedule A - Itemized. car loan interest is not deductible, unless you use vehicle for business purposes (not commuting back and forth to work). Pay off car loan immediately. Get car loan with 0% interest. Finance charges are $6,000? How much is car loan itself? Maybe get less expensive car next time?





I've bookmarked this site to go back to next time I need a loan...





http://www.knowledged.info/go.php?link=a...





Take care.
Reply:Don't buy the car. Find something cheaper that you can actually afford.
Reply:Sounds like buyers remorse. You signed the contract. You did read the terms, right? Now suck it up and pay the Man.
Reply:yes wut he said ^^^
Reply:Um, unless you pay it off in full immediately after getting the loan, you will have to pay interest when your first billing statement arrives.
Reply:pay it off immediatel or asap. the sooner you pay it off, the less finance charges you'll incur. no other way to avoid it, that's teh cost of borrowing the money.
Reply:Pay more than the minimum, always. Do not get into the habit of deferring payments (holidays). If you can refi via a credit union. They are awesome and have lower rates.... I've had loans for 3 Ford Focus's, 1 S-10 truck, computer....they never did me wrong. I think I was at a 4.5% !
Reply:The only way to avoid the finance charges is to pay off the loan immediately. You can reduce the interest charges by paying the loan off early.