APR question? Might be dumb.
 

Has anyone actually sat down with their dealer and mapped out Financing and such?? I would want to do this if I placed my order to know exactly what im getting myself into.

What are the APR's you are getting from GMAC or other lendors??

Most likely i will have my dad sign for the car, i will co-sign to get a better rate. Im 22 and about to graduate so I know Dad will get a better a APR than me, Im hoping for nothing north of 5%.

I want a 1SS/RS w/ Sunroof and Auto Trans.

Bringing me just shy of $37k after taxes and such. Im hoping to put down about 6k. Im also hoping for payment of about $450 a/mo ballpark over 6 yrs... lol

Sound do-able??

$31000 for 6 years at 6% is $513.76/month

$31000 for 6 years at 4% is $485.00/month


Take it from there. :)

If you have any military/government ties, pentagon federal credit union is at 4.75%.

yeah i need bigger down payment money.

You will need at least a total of $10k down to make $450 a month doable. That is not taking into account tax, tag and title which if you choose not to cover will add an extra $30-$40 a month.

If you learned to drive stick and ditched the sunroof, that's what, $1700 in savings right there. Driving stick is really easy and satisfying, and far from a hassle in traffic.

Sounds like without a bigger down payment you may need to think about the V6 to keep you're payment under 450.00 per month. Even dad may not be able to swing much lower than 5%.

And I doubt a dealer is going to do those type of things until they have a VIN to deal with. I could be wrong but don't let anyone do a 'Hard Credit Check' on you, especially at 22 because it will reflect negatively. Good luck. :thumbsup:

26 here with 740 credit score. Have a home and another car under my name.
Best I got with GMAC was 7%

Might be best to go with a bank/credit union.

Hey, ChevyBoiSS, I can't really give you better advice than what the other guys here have already given, but I have to ask, what does your sig mean, "OHH.. DID I MENTION 24" off THE GROUND?!" Surely you don't intend to jack your Camaro up like some kind of monster truck, do you?

I currently have a Capital One auto loan and have never had problems from them. Their Blank Check setup is pretty convenient to use. Their current APR for 60-month is 4.89%, and I plan to use them again if the dealership has nothing better.

Someone here directed me to cars.com, over there they have a finace option, where you put the price of the car with taxes in, your down pament, your interests rates you find, as well as the number of monthes. It will tell you your monthly costs as well as the total cost of the car with interest in. Really neat site, very helpful

Thanks Zombie for the info. I just got approved at this Credit Union at 3.99% 60 month term. I don't think that I can beat that

Chase 4.74% with direct deposit and premier checking account.
Credit Union One 4.95%

What/who exactly does this include? I work for the government (Dept. of Treasury)... does this mean I can use them? Thanks