“Buying a car is a long-term investment, so you have to think about your long term finances instead of just month-to-month finances.
However, on a 36-month loan, that interest amount goes down to just $2,094.
If you decide to sell the car three years into owning it, your $22k car will be worth somewhere in the ballpark of $13k. If you financed the car for three years, all of that $13k is yours. However, if you still have three more years to go on the loan, you are only left with about $3k.