Wow...

After reading the posts on this forum I'm starting to feel like I have the highest monthly payment of all the members on this site. If you all dont mind, post your montly payments and for how long. Cash down? Lease or Finance? etc...

Thanks... I'll post mine once I read a few of you all's. This thread will either make me feel a little better or make me cry :confused:

Thanks to everyone who participates in advance!!

30k per month for a month

$480 / 60

$29,110 once. That was $1800 off the sticker. Bought on April 10, 2004. I couldn't negotiate very hard, walking away from the deal just wasn't going to happen!

$495/60

Bought used with 13,500 miles in Feb 2005, $360 / 60 and $2200 down

Purchased new, $475/60

$18k down, ~$745/month for 24 months, 0% APR. Fully loaded with every option and polished rims.

The highest monthly 8 payment? In Singapore, 8 owners take the blue ribbon...cost for FE32 6MT is SG$132,000 (US$80,000), with an average down payment, finance charges over 7 years at SG$1,500 (US$900) per month, and that's at 2% interest! Consider yerself lucky man ;)

Well, so far I do have a higher payment than everyone who has posted minus the fella in Singapore. I guess what got me was the fact that my trade in was fairly new so they gave me a lot less than what I still owed causing the difference to be rolled over onto my rx8 payment plan. I'm doing $547.80/72 - grant touring, sp pkg, wing, leather, nav, 6sp.... every option minus the spare tire.

OUCH

i pay 458/60

did you have gap coverage on your trade?....or does that not matter if you trade it in

38900 paid in full (my dad already paid for the car it was a 39800 fully loaded) i pay him 600 a month for a 5 year (gotta love parents) So ultimately i only 36k back to my dad the rest he paid for. And not a day goes by where i dont love them. Right now im ahead on my payments by 6 months so yah im saving up for the m/t hopefully ican seal the deal by he end of this week ( i have the a/t)

you paid $38,900 for a fully loaded automatic? So you're telling me a fully loaded manual could have gone for over $40,000 when the car came out?

Mike

you paid $38,900 for a fully loaded automatic? So you're telling me a fully loaded manual could have gone for over $40,000 when the car came out?

Mike

Note that the guy is from Canada...

i pay 245/60 :D hehehehe

oh but i put a good amount down:p

Well, so far I do have a higher payment than everyone who has posted minus the fella in Singapore. I guess what got me was the fact that my trade in was fairly new so they gave me a lot less than what I still owed causing the difference to be rolled over onto my rx8 payment plan. I'm doing $547.80/72 - grant touring, sp pkg, wing, leather, nav, 6sp.... every option minus the spare tire.


Well, your situation is called "being in the tub" at a car dealership... You're trading in an old car before your equity caught up to the initial depreciation from "driving the car off the lot". So basically, you aren't really just buying your 8, you're still paying a little for your old car...

Well, your situation is called "being in the tub" at a car dealership... You're trading in an old car before your equity caught up to the initial depreciation from "driving the car off the lot". So basically, you aren't really just buying your 8, you're still paying a little for your old car...


exactly.... which sucks, but I guess thats what I get for being so damn indecisive. I owned a pair of turbo DSMs before then I decided I wanted to get away from sports cars ... looked into the 8 but said ... nah not now. Got a jeep in jan '04 and owned it until oct. '04. Traded the jeep in for the 8 and now love it! Just sucks how my payments are way high! What should I do to ge them lowered later along the line? Say in a year or two...

$18k down, ~$745/month for 24 months, 0% APR. Fully loaded with every option and polished rims.
$35,580-seems a little pricey to me.

exactly.... which sucks, but I guess thats what I get for being so damn indecisive. I owned a pair of turbo DSMs before then I decided I wanted to get away from sports cars ... looked into the 8 but said ... nah not now. Got a jeep in jan '04 and owned it until oct. '04. Traded the jeep in for the 8 and now love it! Just sucks how my payments are way high! What should I do to ge them lowered later along the line? Say in a year or two...

Well you could refinance and maybe get a lower interest rate, you could also double up payments from time to time--other than that you really are 'stuck' with your 8 for quite sometime. At my current interest rate and note--my payoff amount is running parallel with the KBB value of the car. The only other way is to lease another cheaper car than the 8--once that lease is over you will kind of be out from being upside down.

Well you could refinance and maybe get a lower interest rate, you could also double up payments from time to time--other than that you really are 'stuck' with your 8 for quite sometime. At my current interest rate and note--my payoff amount is running parallel with the KBB value of the car. The only other way is to lease another cheaper car than the 8--once that lease is over you will kind of be out from being upside down.

yea I did think of that... and its either lease a car and pay a lot more than whats its worth for the time of the lease or lease a cheap ... cheap car.

I think I'll be ok. I plan on trading in the RX8 when my warrantee expires or gets close to it. I think by then the what I owe will be caught up to what its worth... or at least i'll be closer to it than what I am now.

14K down, 18K financed @ 4.9% for 60 mo. - $334/mo

exactly.... which sucks, but I guess thats what I get for being so damn indecisive. I owned a pair of turbo DSMs before then I decided I wanted to get away from sports cars ... looked into the 8 but said ... nah not now. Got a jeep in jan '04 and owned it until oct. '04. Traded the jeep in for the 8 and now love it! Just sucks how my payments are way high! What should I do to ge them lowered later along the line? Say in a year or two...

You know, one option is to try to get someone to take over your payments... they have a few websites out there that specialize in lease exchanges. If you made a sizeable down payment, you could find it pretty easy to get someone to pick up the tab... otherwise, you might have to pay a thou or two as incentive for the takeover... either way, it might have saved you a bit... alas...