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Old 09-03-2008, 07:00 PM   #1
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Down Payment Problem Solved

I have now have exceeded my goal for the down payment of the Camaro to bad it is coming from my severence package. Now I just need to find a job to put gas and pay for the thing when the time comes.
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Old 09-03-2008, 07:38 PM   #2
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do you get a break on gas if you work at a gas station?


... just spit ballin...
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Old 09-03-2008, 07:49 PM   #3
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Im curious what do you guys have as deposit goals? I have 2000 now but am shooting for 5000. Does that sound right?
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Old 09-03-2008, 07:56 PM   #4
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im planning on puting 20-30% down. i have enough to pay off whatever version i want but im saving some of the money for the aftermarket world. supercharger and head cam package!
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Old 09-03-2008, 07:57 PM   #5
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Quote:
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Im curious what do you guys have as deposit goals? I have 2000 now but am shooting for 5000. Does that sound right?
Decide how much a month you can afford, and for how many months you're comfortable paying it, (but don't tell that to the salesman) multiply those 2 numbers, subtract it from the price of the car, and the balance is the down payment you need.
Gonna be different for everyone. The most important number is the first one, don't make it so hi you gotta eat cat food for 5 years.
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Old 09-03-2008, 07:58 PM   #6
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I'm shooting for 10,000, hopefully more though. Pending sale of my Grand Prix, bonus, tax return, etc... should be able to muster it up. Have about 1500 right now.
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Old 09-03-2008, 08:06 PM   #7
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do you get a break on gas if you work at a gas station?


... just spit ballin...
I hear cordless drills and 5 gallon buckets are popular nowadays too.
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Old 09-03-2008, 08:07 PM   #8
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I'll be putting between 5-7k down on my SS/RS.
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Old 09-03-2008, 08:48 PM   #9
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I'm shooting for 50%. I really don't like having much debt. At least with 50% down I'll be rightside up from the start.
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Old 09-03-2008, 09:09 PM   #10
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Currently have about $9000 to put down. Another $5000 will come from my father if I can work the amount of overtime he specified as the condition of getting that money. (Needed to work like 240 hours OT. And have worked, if you include all holiday pays as well, 168.)

I should have another $1000 at least of my own money by the time I go to get it. So I'm expecting to have, at the very least, a $15,000 deposit.
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Old 09-03-2008, 09:22 PM   #11
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I'll probably put down anywhere from 20-25k on an RS/SS
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Old 09-03-2008, 09:38 PM   #12
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I have the money to pay for it in cash, but I'm young and want to build my credit up so I'll probably pay like 90% of it upfront and make small payments for 2 or 3 years. With my insurance rates I'm going to have I will need my money for it. It's going to be like buying 2 cars, but I think it's worth it since IMO Muscle Cars won't be around but for mabey another 10 years at most with Gas Prices and CAFE atleast not gas powered muscle cars.
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Old 09-04-2008, 10:16 AM   #13
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I'll probably put down anywhere from 20-25k on an RS/SS
I'll probably do the same, unless i can actually pay it off in cash...

hoping no more than 35K for a well equipped SS/RS. I don't really need leather seats or an automatic transmission, which should hopefully reduce the price some.

Although some of the options like stripes/accessories will probably bring the price back up to 35K, so im still shooting for that.
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Old 09-04-2008, 10:55 AM   #14
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im goin for 10k thats without my tax return and bonus at work and profit sharing so maybe all that will go toawrds aftermarket prob. And i also get employee discount so thats gonna help out i got 4k now savin around 1k a month
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