<prompt> Human: The car is 11,000. I am financing the car through the dealership because if I dont, the price of the car jumps back up to 17,000 as per terms of their sale. The rate they are offering is 60 months at 6.9. Is this good or should I try and negotiate down. Also, what exactly happens after the 60 months if I havent paid it off? Does the rate normally go up? I am kinda new to this so apologies if these are dumb questions. Thanks!  <response>: That is not a good rate. Wells Fargo rates are 3.10. My credit union in Philadelphia charges 1.99The loan amount is calculated to be paid in full after 60 months. The only way youll have a balance is if you dont pay the bill, at which point theyll eventually repossess it. 