Fix bad credit, drive a better car, and do it for the price of your morning coffee.

Here's the proof.

Thanks to various bank ratios, the most common bad credit car loans fall in the $7,000 to $12,000 range.

So on a three-year, $7,000 loan:
9 percent monthly payment: $222.60 (x36 = $8,013,60)
18 percent monthly payment: $253.07 (x36 = $9,119.52)
Difference = $1,096.92
(3 X 365 = 1095 days)
> Per day difference = $1.001753424658

On a three-year, $8,000 loan:
9 percent monthly payment:
  $254.39 (x36 = $9,158.04)
18 percent monthly payment:
  $289.22 (x36 = $10,411.92)
Difference = $1,253.88
(3 X 365 = 1095 days)
> Per day difference = $1.14

Feel free to use a car loan monthly payment calculator if you want to double check our math.

On a three-year, $10,000 loan:
9 percent monthly payment:
  $317.99 (x36 = $11,447.64)
18 percent monthly payment:
  $361.52 (x36 = $13,014,72)
Difference = $1,567.08
(3 X 365 = 1095 days)
> Per day difference = $1.43

Bottom line: Pay off this loan. Your score will improve. Your interest rates will go down. Apply now.