How much are you paying monthly for car & insurance? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

StlRomAniaN · 06-02-2009, 01:44 PM

How much are you paying on your loan (if you have one) and insurance? Please state age, location, car, and insurance agency.

18
St. Louis
IOM 2SS/RS

State Farm Loan - $612/month 5.7% APR

State Farm Insurance - $164/month (Discounts include: Good Student, Steer Clear Safe Driver, and Multiple Line)

Not bad..

vm1971 · 06-02-2009, 01:48 PM

wow, im so curious to see these replies... let's hear it!

StlRomAniaN · 06-02-2009, 01:52 PM

So did I actually make a good thread?

lol

Hemlawk · 06-02-2009, 01:53 PM

Quote:

Originally Posted by StlRomAniaN

How much are you paying on your loan (if you have one) and insurance? Please state age, location, car, and insurance agency.

18
St. Louis
IOM 2SS/RS

State Farm Loan - $612/month 5.7% APR

State Farm Insurance - $164/month (Discounts include: Good Student, Steer Clear Safe Driver, and Multiple Line)

Not bad..

The insurance isnt bad but all combined...

I havent gotten quotes yet. I'll see what happens and post numbers soon.

67 Convertible · 06-02-2009, 01:54 PM

58
Massachusetts
2LT/RS (on order)
4.5% with CU at work (already locked in)
My ins. with collision s/b about 1k for the year with Travelers

mikenmar · 06-02-2009, 01:57 PM

3.75% with Navy Federal CU, $500/mo for 36 months. Haven't gotten an insurance quote yet.

Fogey · 06-02-2009, 02:03 PM

If you have a home equity Line of Credit this is the perfect time to use it. Mine's 3.499%. The Low interest rate, and tax deductibility make it a great way to go.. Just be sure you do self amortization and have a backup plan if interest rates start to go too high, ie convert to fixed rate or paydown.
I'm an old guy so insurance is cheap. $750 per year

OrangeCruSSh · 06-02-2009, 02:08 PM

Quote:

Originally Posted by Fogey

If you have a home equity Line of Credit this is the perfect time to use it. Mine's 3.499%. The Low interest rate, and tax deductibility make it a great way to go.. Just be sure you do self amortization and have a backup plan if interest rates start to go too high, ie convert to fixed rate or paydown.
I'm an old guy so insurance is cheap. $750 per year

Yeah but most LOC are interest only. There is no way I would tack that on to my house. Good luck with that.

67 Convertible · 06-02-2009, 02:12 PM

Quote:

Originally Posted by OrangeCruSSh

Yeah but most LOC are interest only. There is no way I would tack that on to my house. Good luck with that.

+1 No way you're gonna convince me it's a good idea to mortgage a house to buy a car.....

sasquash1984 · 06-02-2009, 02:23 PM

fort worth

sasquash1984 · 06-02-2009, 02:25 PM

fort worth
24
LT1

allstate $103/ $700 a month ouchhhhhhhhhh

chevy dude · 06-02-2009, 02:26 PM

1SS/RS $33500 MSRP with $8,000 down on a 48 month lease $327.00 a month and $590 every 6 months for insurance.I'm 46 years young and i live in Flatrock Michigan.Also have a renters insurance policy through State Farm and a multi car discount.

vm1971 · 06-02-2009, 02:31 PM

Quote:

Originally Posted by chevy dude

1SS/RS $33500 MSRP with $8,000 down on a 48 month lease $327.00 a month and $590 every 6 months for insurance.I'm 46 years young and i live in Flatrock Michigan.Also have a renters insurance policy through State Farm and a multi car discount.

now THATS more like it.
wow.
i can live with that. $327????? thats insane. im sure when the short lease is up, ... you'll finance the rest!!!! right? see... this is the deal i need to make.
CONGRATS

coquinn8846 · 06-02-2009, 02:33 PM

2SS/RS IOM Geico $800 a year, My husband and I are both 29 with no tickets or accidents. Payment is $502 a month for 5 year with a down payment.

vm1971 · 06-02-2009, 02:36 PM

Quote:

Originally Posted by coquinn8846

2SS/RS IOM Geico $800 a year, My husband and I are both 29 with no tickets or accidents. Payment is $502 a month for 5 year with a down payment.

what did you put down?

trudawg660 · 06-02-2009, 03:04 PM

Quote:

Originally Posted by sasquash1984

fort worth
24
LT1

allstate $103/ $700 a month ouchhhhhhhhhh

why are you paying so much a month

CAMARO_MOW · 06-02-2009, 03:08 PM

Not sure about loan payment yet, but quoted $326 every six from state farm...

bluch · 06-02-2009, 03:09 PM

$690 for car loan
$200 for insurance (i'm 21)

$890 / month (this is Canadian $$)

Fogey · 06-02-2009, 03:17 PM

Yes, for the payout period, LOCs are interest only. So, while you are making interest payments, you send an additional amount for a 4 or 5 year amortization of the purchase price. If you like paying the Govt taxes, go ahead, mox nix to me. Low interest rate and tax deduct. How does paying a bank differ from adding an LOC to your house?

BrianGriffin78 · 06-02-2009, 03:30 PM

I am paying $58.00 a month for insurance and my loan for the Camaro is $612 a month.

Bryan2230 · 06-02-2009, 03:34 PM

2010 Victory Red 2LT, RS, Automatic, Polished 20"
Car Payment: 333.00/month
Insurance quote (Progressive, but i'm probably go with State farm): 97.00/month
Total = $440 a month

(I actually havent gotten a quote from State Farm yet, but I think it might actually be cheaper than Progressive, because ill get the multi-line discount.)

BrianGriffin78 · 06-02-2009, 03:36 PM

Quote:

Originally Posted by Bryan2230

2010 Victory Red 2LT, RS, Automatic, Polished 20"
Car Payment: 333.00/month
Insurance quote (Progressive, but i'm probably go with State farm): 97.00/month
Total = $440 a month

(I actually havent gotten a quote from State Farm yet, but I think it might actually be cheaper than Progressive, because ill get the multi-line discount.)

Go with Allstate.

Bryan2230 · 06-02-2009, 03:39 PM

Quote:

Originally Posted by BrianGriffin78

Go with Allstate.

I was going to check Allstate because my brother got a heck of a quote on his G8 GT (Less than 100/month) for 360HP!

SirBrad · 06-02-2009, 03:41 PM

2LT/RS SIM
30, New Jersey
$478/72 months, $3500 down
$135 a month with Geico

I gotta switch insurance. It's been about a year since I shopped around, and when I did I noticed a lot of companies with better rates than Geico. I've just been with them for almost 10 years, that's probably the only reason I stick with them.

The Dark Knight · 06-02-2009, 03:43 PM

For my 2LT RS...I was quoted...

$551/month payment (5.49% APR, 72 Month, 0 down)
$183/month insurance (Includes Me (22) the wife (21) and her car...Full coverage on both with $500 deductible)

Hoping to get less APR from Credit Union and I "might" put some money down...we'll see.

06-02-2009, 01:44 PM	#1
StlRomAniaN Drives: IOM 2010 Camaro 2SS/RS Join Date: Mar 2009 Location: St. Louis Posts: 1,300 View My Garage	How much are you paying monthly for car & insurance? How much are you paying on your loan (if you have one) and insurance? Please state age, location, car, and insurance agency. 18 St. Louis IOM 2SS/RS State Farm Loan - $612/month 5.7% APR State Farm Insurance - $164/month (Discounts include: Good Student, Steer Clear Safe Driver, and Multiple Line) Not bad.. __________________ Pre-ordered on October 24, 2008 Inferno Orange Metallic 2SS/RS Auto w/ TAPshift = funnnnnn, just like Megan Fox! 1100 = Preliminary Order: 10-24-09 2000 = Accepted by GM: 3-30-09 2500 = Referenced: 3-31-09 3000 = Accepted by Production Control: 4-18-09 3100 = Sequenced: 5-1-09 3300 = Scheduled For Production: 5-12-09 3400 = Broadcast: 5-19-09 3800 = Produced: 5-27-09 VIN# 12768 4000 = Available to Ship: -- 4200 = Shipped: -- 5000 = Delivered to Dealer: -- 6000 = Delivered to Customer: --

06-02-2009, 01:48 PM	#2
vm1971 Drives: 2010 CAMARO 2SS RS Join Date: Apr 2009 Location: Cherry Hill, New Jersey Posts: 808 View My Garage	wow, im so curious to see these replies... let's hear it! __________________ 2010 CAMARO 2SS RS • 1984 MONTE CARLO

06-02-2009, 01:52 PM	#3
StlRomAniaN Drives: IOM 2010 Camaro 2SS/RS Join Date: Mar 2009 Location: St. Louis Posts: 1,300 View My Garage	So did I actually make a good thread? lol __________________ Pre-ordered on October 24, 2008 Inferno Orange Metallic 2SS/RS Auto w/ TAPshift = funnnnnn, just like Megan Fox! 1100 = Preliminary Order: 10-24-09 2000 = Accepted by GM: 3-30-09 2500 = Referenced: 3-31-09 3000 = Accepted by Production Control: 4-18-09 3100 = Sequenced: 5-1-09 3300 = Scheduled For Production: 5-12-09 3400 = Broadcast: 5-19-09 3800 = Produced: 5-27-09 VIN# 12768 4000 = Available to Ship: -- 4200 = Shipped: -- 5000 = Delivered to Dealer: -- 6000 = Delivered to Customer: --

06-02-2009, 02:03 PM	#7
Fogey Drives: 2011 2SS/RS A6, IOM Join Date: May 2009 Location: West Los Angeles Posts: 1,169	Home Equity LOC If you have a home equity Line of Credit this is the perfect time to use it. Mine's 3.499%. The Low interest rate, and tax deductibility make it a great way to go.. Just be sure you do self amortization and have a backup plan if interest rates start to go too high, ie convert to fixed rate or paydown. I'm an old guy so insurance is cheap. $750 per year

06-02-2009, 02:23 PM	#10
sasquash1984 Boom goes the dynamite Drives: The yeti Join Date: May 2009 Location: Saginaw/ Ft Worth TX Posts: 2,766 View My Garage	fort worth __________________

06-02-2009, 01:54 PM	#5
67 Convertible Drives: 67 Camaro Convertible Join Date: Jun 2009 Location: MA Posts: 1,728	58 Massachusetts 2LT/RS (on order) 4.5% with CU at work (already locked in) My ins. with collision s/b about 1k for the year with Travelers

06-02-2009, 01:57 PM	#6
mikenmar Drives: Camaro 1LT Join Date: May 2009 Location: California Posts: 232	3.75% with Navy Federal CU, $500/mo for 36 months. Haven't gotten an insurance quote yet.

06-02-2009, 02:25 PM	#11
sasquash1984 Boom goes the dynamite Drives: The yeti Join Date: May 2009 Location: Saginaw/ Ft Worth TX Posts: 2,766 View My Garage	fort worth 24 LT1 allstate $103/ $700 a month ouchhhhhhhhhh __________________

06-02-2009, 02:26 PM	#12
chevy dude Drives: 2010 1LT/RS IBM Camaro Join Date: Jan 2009 Location: Michigan Posts: 294	1SS/RS $33500 MSRP with $8,000 down on a 48 month lease $327.00 a month and $590 every 6 months for insurance.I'm 46 years young and i live in Flatrock Michigan.Also have a renters insurance policy through State Farm and a multi car discount. __________________ Camaro nut!!!

06-02-2009, 02:33 PM	#14
coquinn8846 Drives: 2004 Mazda 6 Join Date: Feb 2009 Location: virginia Posts: 143	2SS/RS IOM Geico $800 a year, My husband and I are both 29 with no tickets or accidents. Payment is $502 a month for 5 year with a down payment.

06-02-2009, 03:08 PM	#17
CAMARO_MOW Drives: 2011 White 2SS/RS Join Date: Mar 2009 Location: NW Indiana Posts: 350 View My Garage	Not sure about loan payment yet, but quoted $326 every six from state farm... __________________ 2SS/RS Summit White with IOM Stripes and IOM Interior, Hurst Shifter....

06-02-2009, 03:09 PM	#18
bluch OH CANADA! Drives: 2011 RAM 1500 LARAMIE Join Date: Mar 2009 Location: Edmonton, AB, CAN Posts: 3,931 View My Garage	$690 for car loan $200 for insurance (i'm 21) $890 / month (this is Canadian $$) __________________ Had to trade in the Camaro for a truck :(, but hopefully I can join the Camaro family again one day

06-02-2009, 03:17 PM	#19
Fogey Drives: 2011 2SS/RS A6, IOM Join Date: May 2009 Location: West Los Angeles Posts: 1,169	What part of self amortization don't you understand? Yes, for the payout period, LOCs are interest only. So, while you are making interest payments, you send an additional amount for a 4 or 5 year amortization of the purchase price. If you like paying the Govt taxes, go ahead, mox nix to me. Low interest rate and tax deduct. How does paying a bank differ from adding an LOC to your house?

06-02-2009, 03:30 PM	#20
BrianGriffin78 Drives: 2009 GMC Yukon Join Date: May 2009 Location: New York Posts: 920	I am paying $58.00 a month for insurance and my loan for the Camaro is $612 a month. __________________

06-02-2009, 03:34 PM	#21
Bryan2230 Drives: 2010 Victory Red Camaro 2LT/RS Join Date: May 2009 Location: Saxonburg, PA Posts: 439	2010 Victory Red 2LT, RS, Automatic, Polished 20" Car Payment: 333.00/month Insurance quote (Progressive, but i'm probably go with State farm): 97.00/month Total = $440 a month (I actually havent gotten a quote from State Farm yet, but I think it might actually be cheaper than Progressive, because ill get the multi-line discount.) __________________ Thank You, Bryan Proud owner of a 2010 Victory Red 2LT/RS Ordered: May 7, 2009 Delivered: September 11, 2009

06-02-2009, 03:41 PM	#24
SirBrad The Captain Drives: 2010 2LT/RS SIM Join Date: May 2009 Location: Freehold, NJ Posts: 1,501	2LT/RS SIM 30, New Jersey $478/72 months, $3500 down $135 a month with Geico I gotta switch insurance. It's been about a year since I shopped around, and when I did I noticed a lot of companies with better rates than Geico. I've just been with them for almost 10 years, that's probably the only reason I stick with them.

06-02-2009, 03:43 PM	#25
The Dark Knight Batmobile in Disguise Drives: 2009 Pontiac G8 Join Date: Aug 2008 Location: Upland, Ca Posts: 2,083	For my 2LT RS...I was quoted... $551/month payment (5.49% APR, 72 Month, 0 down) $183/month insurance (Includes Me (22) the wife (21) and her car...Full coverage on both with $500 deductible) Hoping to get less APR from Credit Union and I "might" put some money down...we'll see. __________________

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