Whats payment wont break your budget? - Page 5 - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

theholycow · 11-02-2008, 08:07 AM

I can afford about negative $300/month with negative $5,000 down. I'm kinda screwed at the moment...

jmill012 · 11-04-2008, 01:38 PM

$500 a month for my 2SS/RS. I also find it funny that people say not to buy or negotiate using monthly payment. I know what $500 a month is for 72 months. I would feel like I got a great deal if I am pying $500 or less. More for my trade, less for my trade, more for the car or less for the car; I don't care how they get there, just get there.

xl1200r · 11-04-2008, 02:06 PM

^^ Agreed about negotiating payments - as long as you include all the variables, it doesn't matter. Tell the dealer you want an $XXX/mo payment with a X-month loan... then let them play around with bottom line price and interest rate to get you to your number.

In my case, a 5 year loan from my credit union gets me $433/month with my estimates for my trade, down payment, bottom-line price and interest rate. I would have no problem telling the dealer I want to be at $430/mo for 5 years, and let him play around with my trade value, car price, etc, as long as I pay the same out of pocket I'm happy.

Dealers are people, too, and salesmen do have to make a living. I'm not saying to not negotiate, but be flexible and it should pay off. If you can't get the price you want, then go somewhere else.

I've always gone on the assumption that the faster and easier you can make the process for your salesman (and yourself), the more willing they'll be able to work with you.

Jak · 11-04-2008, 02:21 PM

Wow, (LOL) guess I'm a cheap B, I'm going with 24K down on a 1SS with a rough payment of $261mo for 4yrs.

diddiyo · 11-04-2008, 02:51 PM

roughly $350/4yrs with ~12k down (not sure yet about the exact amount). Don't even know yet what model I wanna get, 1LT/RS or 2LT/RS, so I will have to see how much I can put down.

howsweet · 11-10-2008, 12:43 PM

Its not about the payment anymore its about the need to have one i probally am going to hav to take a second job to afford mine but wht the heck its all about adding to the collection . my collection is almost complete so i c no reason to worry about the payment i looking at 600 a monthe i turning in my 07 montess going to take a hit but ohwell. just gotta hav it!!!

Angrybird 12 · 11-10-2008, 12:48 PM

Well If I can keep my job another 5 years I could make a $400.00 a month payment.

1_2Many · 11-10-2008, 12:52 PM

I'm upside down on my current car so $3k of my $13k down payment will go to that, then I'm aiming for $450 a month either with low low interest rate at 5 years or maybe 6.

1_2Many · 11-10-2008, 12:59 PM

Quote:

Originally Posted by Blaster

My hopes are. I know this could be a long shot but its all I can hope for at this time.
looking to buy 11-09-----3-10 I require A SS with AC,leather, 422 hp, 6 speed.
0 down,
Dealer pay tag title and tax,
No more than 30k
Payments not more than $500.00 per month.
If this is not possible I will buy a used C-5 Vette in the 25K range.

Yeah...I'm going to have to go ahead and burst your bubble on this one. Totally not possible. 1SS is $31,500 before tax license, dealer is NOT going to pay t/l for you. You will be looking at $33k minimum out the door with NO leather...$35k WITH leather. With nothing down and assuming somehow you got 5.9% for 5 years your payments would be around $675.

Might want to start looking for that C5 Vette.

fad1 · 11-10-2008, 02:53 PM

It seems impossible to go for zero down, 500 a month for 72 months. For me, I seem to be thinking. I originally was planning on purchasing a 1LT/RS auto in summer of 09, but I may wait. I will be finishing college within 2 years and by the that time (if the Camaro is around), I will qualify for the College Graduate discount. When I get a job, I will save up for a whole year and try to put down as much as I can. I was wondering, if I put down like $15K as a down payment and get the balance financed at 0% ? I was thinking that if i wait a couple years, I can get a 1SS/RS 6 speed.

kdbolt70 · 11-10-2008, 05:02 PM

I'm probably putting about 5k down, but with PEP pricing my 2SS is only about 29k. So I'm looking at probably $600-650/mo including insurance. A fair trade for me, my damn truck costs about $560 a month as it is.

2010_5thgen · 11-10-2008, 05:33 PM

im going to put what i need down to get me at 400-500 a month.

Ry4nVan · 11-10-2008, 10:07 PM

I'm putting $2,500 as a down payment. That'll put me at around $575 - $600/month. Which is still higher than what I currently pay now, but that'll mean I still pocket 35% of my paycheck after all of my bills. I'm single, live in an apartment, no credit bills- just utilities and netflix

. I'm also in the military (E-5) which means I have a steady job and decent pay.
So I'm happy with my results.

Sterling · 11-11-2008, 12:33 AM

If I can get my payments into the $500's somewhere I'll be happy. But I'm not telling my dealer that.

11-10-2008, 12:48 PM	#63
Angrybird 12 7 year Cancer Survivor! Drives: 17 Cruze RS, 07 G6 GT, 99 Astro Join Date: Dec 2007 Location: East Tennessee Posts: 21,547	Well If I can keep my job another 5 years I could make a $400.00 a month payment. __________________ Cancer's a bitch! Enjoy life while you can! LIVE, LOVE, DRIVE... The Bird is the word!

11-10-2008, 12:52 PM	#64
1_2Many Drives: 2008 Suzuki SX4 Join Date: Oct 2008 Location: SoCal Posts: 785 View My Garage	I'm upside down on my current car so $3k of my $13k down payment will go to that, then I'm aiming for $450 a month either with low low interest rate at 5 years or maybe 6. __________________ We are the early orderers...we are GM's voluntary guinea pigs and their free source of feedback. How will we be thanked?

11-10-2008, 05:02 PM	#67
kdbolt70 Drives: 2010 Camaro 2SS/RS Join Date: Oct 2008 Location: Haslett, Mi Posts: 1,287 View My Garage	I'm probably putting about 5k down, but with PEP pricing my 2SS is only about 29k. So I'm looking at probably $600-650/mo including insurance. A fair trade for me, my damn truck costs about $560 a month as it is. __________________ 2SS/RS Victory Red M6 w/ Black Rallys #3305 Muffler Delete, Lloyd "SS" Floormats, K&N Aircharger, Skip Shift Eliminator, Blacked Bowties

11-10-2008, 05:33 PM	#68
2010_5thgen Drives: 2012 Porsche Panamera 4 Join Date: Nov 2007 Location: Ohio Posts: 3,275 View My Garage	im going to put what i need down to get me at 400-500 a month. __________________ Brixton Forged CM10 Wheels IN STOCK!!! RF7 SOON!!!! Camaro/M3/M4 wheels in stock High Gloss Titanium

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Payment and Shipping info for 1st Edition Camaro5 shirts	TAG UR IT	Camaro5 Store Merchandise	154	10-18-2008 03:00 AM
Down Payment Problem Solved	Sierra	5th Gen Camaro SS LS LT General Discussions	40	09-19-2008 05:35 PM
anyone with really low budget want a working camaro???	[KRPT]ECP	General Automotive + Other Cars Discussion	2	01-08-2008 04:02 PM
My 850 dollar Budget gaming computer... Thoughts?	Mindz	Off-topic Discussions	20	11-19-2007 06:16 AM
how many already have a down payment on a camaro?	camarokev	5th Gen Camaro SS LS LT General Discussions	53	02-08-2007 04:19 PM

11-04-2008, 01:38 PM	#58
jmill012 Drives: 2010 Camaro SS/RS Join Date: Oct 2008 Location: York, PA Posts: 18	$500 a month for my 2SS/RS. I also find it funny that people say not to buy or negotiate using monthly payment. I know what $500 a month is for 72 months. I would feel like I got a great deal if I am pying $500 or less. More for my trade, less for my trade, more for the car or less for the car; I don't care how they get there, just get there.

11-04-2008, 02:06 PM	#59
xl1200r Drives: 2006 Cobalt SS/SC Join Date: Oct 2008 Location: Cohoes, NY Posts: 109	^^ Agreed about negotiating payments - as long as you include all the variables, it doesn't matter. Tell the dealer you want an $XXX/mo payment with a X-month loan... then let them play around with bottom line price and interest rate to get you to your number. In my case, a 5 year loan from my credit union gets me $433/month with my estimates for my trade, down payment, bottom-line price and interest rate. I would have no problem telling the dealer I want to be at $430/mo for 5 years, and let him play around with my trade value, car price, etc, as long as I pay the same out of pocket I'm happy. Dealers are people, too, and salesmen do have to make a living. I'm not saying to not negotiate, but be flexible and it should pay off. If you can't get the price you want, then go somewhere else. I've always gone on the assumption that the faster and easier you can make the process for your salesman (and yourself), the more willing they'll be able to work with you.

11-04-2008, 02:21 PM	#60
Jak Drives: 03 Dodge Dakota Join Date: Jul 2007 Location: New York Posts: 627	Wow, (LOL) guess I'm a cheap B, I'm going with 24K down on a 1SS with a rough payment of $261mo for 4yrs.

11-04-2008, 02:51 PM	#61
diddiyo Drives: . Join Date: May 2008 Location: . Posts: 3,053	roughly $350/4yrs with ~12k down (not sure yet about the exact amount). Don't even know yet what model I wanna get, 1LT/RS or 2LT/RS, so I will have to see how much I can put down.

11-10-2008, 12:43 PM	#62
howsweet Drives: 71 camaro 70ssnova 69 z11 Join Date: Nov 2008 Location: wisc Posts: 84 View My Garage	Its not about the payment anymore its about the need to have one i probally am going to hav to take a second job to afford mine but wht the heck its all about adding to the collection . my collection is almost complete so i c no reason to worry about the payment i looking at 600 a monthe i turning in my 07 montess going to take a hit but ohwell. just gotta hav it!!!

11-10-2008, 02:53 PM	#66
fad1 Drives: Future 5th gen Camaro Join Date: May 2008 Location: Los Angeles California Posts: 1,108	It seems impossible to go for zero down, 500 a month for 72 months. For me, I seem to be thinking. I originally was planning on purchasing a 1LT/RS auto in summer of 09, but I may wait. I will be finishing college within 2 years and by the that time (if the Camaro is around), I will qualify for the College Graduate discount. When I get a job, I will save up for a whole year and try to put down as much as I can. I was wondering, if I put down like $15K as a down payment and get the balance financed at 0% ? I was thinking that if i wait a couple years, I can get a 1SS/RS 6 speed.

11-10-2008, 10:07 PM	#69
Ry4nVan Drives: Currently (Toyota Tacoma) Join Date: Sep 2008 Location: Phoenix, AZ Posts: 288	I'm putting $2,500 as a down payment. That'll put me at around $575 - $600/month. Which is still higher than what I currently pay now, but that'll mean I still pocket 35% of my paycheck after all of my bills. I'm single, live in an apartment, no credit bills- just utilities and netflix . I'm also in the military (E-5) which means I have a steady job and decent pay. So I'm happy with my results.

11-11-2008, 12:33 AM	#70
Sterling Drives: 2010 Camaro 1LT/RS M6 Join Date: Nov 2007 Location: Fairhaven, MA Posts: 5,885 View My Garage	If I can get my payments into the $500's somewhere I'll be happy. But I'm not telling my dealer that.