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I did some math. Based on $200 for license and title, $150 for dealership fees, 8% taxes (not sure what yours are), and $35,000 for the price of the car (obviously, an estimate), there are two legitimate ways to pay that much for a vehicle, even with $8,000 down.
One of those ways is that you are trading a car with negative equity. Do you owe anything on your previous car?
The other way is a matter of interest rate. Did the dealership tell you what rate they used to run your numbers? In order for you to reach this high payment, you would have to have a double-digit interest rate, which makes sense if your credit is less than perfect.
You have to remember that the dealer is not making much off of your interest. The bank is getting the money. Your dealer is not arrogant to offer you a car at sticker. That's just your salesperson doing his or her job. To offer a vehicle above sticker is arrogant. Also, keep in mind that GM has lowered the markup in cars since restructuring. There is less room to move in price than BMW, a luxury brand with lots of markup.
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