What are your monthly paments?

[NightmareSS]

dam im prolly gonna be paying over 700 a month...i put 3k down on a car that cost 35,890 b4 tax and that 750 destination fee...so prolly gonna be 39,640 total...and ill prolly get raped on my rate because i have no history and this is my first new car...so yea deff over 700 a month for me... :(

[kdoske]

Originally Posted by bolteon593

1500 a month, 24 months... 90% lease out with a 5k buy back at the end of it.


<3 corporate taxing system. all deductable cept for the 5k.

You received a leasing option.......??????..........................

[hellraiser]

84 months mother in laws co signing is this the subprime loans of the car industry, remember what happened to your home sector..:bangdesk:

[Grimelock2009]

585 a month, 3000 down, 7.34%,72m/ 2ss/auto

[Richochet83]

487 a month, 2500 down, 5%,72m/ 2LT/auto

[JGalli]

If you can't afford it, don't buy it. I plan on paying in cash; the old school way like it ought to be.

[hellraiser]

Originally Posted by JGalli

If you can't afford it, don't buy it. I plan on paying in cash; the old school way like it ought to be.

Bingo!

[levi1922]

Originally Posted by JGalli

If you can't afford it, don't buy it. I plan on paying in cash; the old school way like it ought to be.

if everyone waited until they could pay cash, then the auto industry would for sure be in the dirt completely.
realistically, most people will be financing.
and they doesnt mean the cant afford it.
if you can make the monthly payment, you can afford it.
its a Chevrolet, not a Bentley.
it wasnt made to be exclusive

[Haole]

mine will be like $285 a month. I am putting $25K down.

[EZ28]

Originally Posted by levi1922

if everyone waited until they could pay cash, then the auto industry would for sure be in the dirt completely.
realistically, most people will be financing.
and they doesnt mean the cant afford it.
if you can make the monthly payment, you can afford it.
its a Chevrolet, not a Bentley.
it wasnt made to be exclusive

I agree with this post. It's ridiculous to think everyone has 35K or MORE to buy a car. GM and most car manufacturers wouldn't survive. Edmund's recommends that you put down 20% (perfectly reasonable), but I've put down less than that before and have paid off all of the cars that I've financed and have owned. Besides, you shouldn't dump all of your money into a car anyway. What about a rainy day fund or retirement?! ...unless you're rich.

I plan to put 7K down, including my GM card discount. My loan through my credit union will be 5.5% for 66 months giving me a $550/month payment.

[SemperFi]

Originally Posted by NightmareSS

dam im prolly gonna be paying over 700 a month...i put 3k down on a car that cost 35,890 b4 tax and that 750 destination fee...so prolly gonna be 39,640 total...and ill prolly get raped on my rate because i have no history and this is my first new car...so yea deff over 700 a month for me... :(

Ha! same for me. My first new car as well. Im hoping that being in the military and getting a very stable paycheck will have them sitting a little easier over my lack of credit history. Still probly paying 750 or so a month.

[SemperFi]

Originally Posted by Haole

mine will be like $285 a month. I am putting $25K down.

Hot Damn. Got a new car stash going there?

[Analogy]

I'm doing 84mo prolly around 520-550 a mo depending on the interest rate. I plan on paying around 600mo to kill some of the interest. I have a 15mo old son(single father) so I'm trying to keep the payments reasonable in case something happens. As long as u pay well over ur payment monthly the interest won't hurt u as much

[2SSJIM]

22.5K down! Payments between 324-370 60 months depending on rate when car arrives! Right now.. 5.99%!