Should I jump on this deal? - Camaro5 Chevy Camaro Forum / Camaro ZL1, SS and V6 Forums

premonition · 05-08-2009, 03:45 PM

first off i want to know if im reading something wrong here or is this correct.
Just got an email from my dealership about a 0 down 0 APR for 60 months and no payments till june deal. So i did the calculation estimate. I put in there that I would put 4 grand down at 0APR trade in for 5-600 dollars (93 Corolla) and then it says Monthly payments will be 72.77. Question is is that 72.77 a month a real thing or am I dream orrrrrr is there something behind that. My Birthday is May 23rd by the way, and this would be a sweet present.

PAUL SS · 05-08-2009, 03:49 PM

More like $72.77 per week!

premonition · 05-08-2009, 03:50 PM

Quote:

Originally Posted by Paul SS

More like $72.77 per week!

for real? cause it had 72.77/mo

ZZcamaro · 05-08-2009, 03:51 PM

You may want to check your math buddy....You are a few hundred off!! at least.

*Camaro_Corvette* · 05-08-2009, 03:51 PM

WHA! 72 bucks a month. Impossible. How much is the car?

The Dark Knight · 05-08-2009, 03:52 PM

Wait...$72.77 a month for a 2010 Camaro?

premonition · 05-08-2009, 03:52 PM

23,040

premonition · 05-08-2009, 03:53 PM

anyone have one of those links to the payment calculator?

toesuf94 · 05-08-2009, 03:53 PM

does not compute since we are missing the amount you intend to finance. If you told me you were buying a Camaro 1LT for $24,000 less your $4500 for trade and down payment, then you would be paying $325.00 per month + TTL. (balance of $19,500/60 payments = $325.00/mo.) PLUS T T AND L!!

So, just saw your numbers: $23,040 - 4000 down - 500 trade = $18,540 + tax title and lic. Divide the $18,540 by 60 payments and you get $309.00/month plus tax, title and lic. fees.

ZZcamaro · 05-08-2009, 03:54 PM

at 0% you are paying 16.67 per thousand financed for 60 months. So do your own math. I have starte ddrinking so I am not trying math!!!

ice2032 · 05-08-2009, 03:54 PM

well with the combination of no 0% down, and the mathematical impossibility of $72.77 with that kind of down payment, i would say somethings wrong.

ZZcamaro · 05-08-2009, 03:55 PM

I will bet you he did it in a mortgage calulator for like 30 years or something...

*Camaro_Corvette* · 05-08-2009, 03:56 PM

I got somewhere around 300 a month with this calculator.. Buddy if there was a way to get a 2010 camaro for 72 a month, I would have two right now...

Here is the site i did a search for and used for my calc....

http://www.cars.com/go/advice/financ...c/loanCalc.jsp

premonition · 05-08-2009, 03:56 PM

Ya i found something wrong, I used the edmunds cacluator instead of what was on the GM site, and it came up with around 379 a month.

05-08-2009, 03:45 PM	#1
premonition Drives: Toyota Corolla :( Join Date: May 2009 Location: Miami, FL Posts: 42	Should I jump on this deal? first off i want to know if im reading something wrong here or is this correct. Just got an email from my dealership about a 0 down 0 APR for 60 months and no payments till june deal. So i did the calculation estimate. I put in there that I would put 4 grand down at 0APR trade in for 5-600 dollars (93 Corolla) and then it says Monthly payments will be 72.77. Question is is that 72.77 a month a real thing or am I dream orrrrrr is there something behind that. My Birthday is May 23rd by the way, and this would be a sweet present.

05-08-2009, 03:49 PM	#2
PAUL SS The Mark of Excellence Drives: 2010 ABM 1SS RS LS3 Join Date: Jan 2009 Location: Smallest State in the Union Posts: 8,690 View My Garage	More like $72.77 per week! __________________ BMR, CAI, DynoMax, Elite Eng., Hurst, Jannetty, Clear Image Headers & Hi Flow cats, Jet Hot, LSR, TSW, VMax, Vredestein

05-08-2009, 03:51 PM	#5
Camaro_Corvette 36.58625, -121.7568 Drives: Team 1LE Join Date: Mar 2008 Location: Earth Posts: 23,709 View My Garage	WHA! 72 bucks a month. Impossible. How much is the car? __________________ I am seriously never serious vv V vv Next order of business

05-08-2009, 03:52 PM	#6
The Dark Knight Batmobile in Disguise Drives: 2009 Pontiac G8 Join Date: Aug 2008 Location: Upland, Ca Posts: 2,080	Wait...$72.77 a month for a 2010 Camaro? __________________

05-08-2009, 03:56 PM	#13
Camaro_Corvette 36.58625, -121.7568 Drives: Team 1LE Join Date: Mar 2008 Location: Earth Posts: 23,709 View My Garage	I got somewhere around 300 a month with this calculator.. Buddy if there was a way to get a 2010 camaro for 72 a month, I would have two right now... Here is the site i did a search for and used for my calc.... http://www.cars.com/go/advice/financ...c/loanCalc.jsp __________________ I am seriously never serious vv V vv Next order of business

05-08-2009, 03:51 PM	#4
ZZcamaro Drives: 2SS w/ ZZ427 Package!! Join Date: Oct 2008 Location: Pittsburgh, PA Posts: 2,700	You may want to check your math buddy....You are a few hundred off!! at least.

05-08-2009, 03:53 PM	#8
premonition Drives: Toyota Corolla :( Join Date: May 2009 Location: Miami, FL Posts: 42	anyone have one of those links to the payment calculator?

05-08-2009, 03:53 PM	#9
toesuf94 Drives: THR #11 E-force supercharged Join Date: Jul 2008 Location: Cedar Rapids, IA Posts: 4,746	does not compute since we are missing the amount you intend to finance. If you told me you were buying a Camaro 1LT for $24,000 less your $4500 for trade and down payment, then you would be paying $325.00 per month + TTL. (balance of $19,500/60 payments = $325.00/mo.) PLUS T T AND L!! So, just saw your numbers: $23,040 - 4000 down - 500 trade = $18,540 + tax title and lic. Divide the $18,540 by 60 payments and you get $309.00/month plus tax, title and lic. fees.

05-08-2009, 03:54 PM	#10
ZZcamaro Drives: 2SS w/ ZZ427 Package!! Join Date: Oct 2008 Location: Pittsburgh, PA Posts: 2,700	at 0% you are paying 16.67 per thousand financed for 60 months. So do your own math. I have starte ddrinking so I am not trying math!!!

05-08-2009, 03:54 PM	#11
ice2032 Drives: 2010 Camaro SS Join Date: Apr 2009 Location: Plano, TX Posts: 11	well with the combination of no 0% down, and the mathematical impossibility of $72.77 with that kind of down payment, i would say somethings wrong.

05-08-2009, 03:55 PM	#12
ZZcamaro Drives: 2SS w/ ZZ427 Package!! Join Date: Oct 2008 Location: Pittsburgh, PA Posts: 2,700	I will bet you he did it in a mortgage calulator for like 30 years or something...

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