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Camaro Price | Ordering | Tracking | Dealers Discussions Discuss pricing and ordering experiences.

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Old 01-11-2009, 09:16 PM   #1
5thGenAnyone?
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Down payment Thread

How's it goin everyone!? I've just got a question for some of you more experienced car buyers. I have never purchesed a new vehichle before so I have no idea of what a good, or safe down payment would be. I ordered a 2SS/RS and am going to have 25K to put down. I would think with that kind of payment my payments should be rather low. Is that a pretty safe down payment and how much do you think my payments will be? Ballpark answer of course. Also, how much are you guys planning on putting down if you don't mind my asking? Thank you so much for any input. Always greatly appreciated!
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Old 01-11-2009, 09:25 PM   #2
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Figure a 5 year loan is about 19-20 dollars per thousand borrowed. (Assuming decent credit and about a 6.5% interest rate)
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Old 01-11-2009, 09:27 PM   #3
BryGo
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There are too many variables in your question, such as your credit score, the options you chose, the tax rate, the interest rate, etc.

For best results go to this site. It actually has the Camaro listed:

http://www.edmunds.com/apps/calc/CalculatorController
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Old 01-11-2009, 09:50 PM   #4
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I have good credit and am getting dealer installed stripes and IOM trim package. 5.5% sales tax. Thanks Brygo, that helped a lot.
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