monthly payments
monthly payments
10-07-2003, 08:06 PM
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10-07-2003, 08:13 PM
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10-07-2003, 08:35 PM
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bs
Loan calcs suck!! I took a loan out for my vette my loan was for 22,500 and a 4 year plan and im only paying 410 a month, on the loan calc it said over $500 a month and I even added a lower % then I got on my loan and it was still higher, I tryed this on many sites and got the same responce.
10-07-2003, 09:06 PM
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My car was a little over 30K, total amount of purchase with tax and tags was right around 32K. I put down $2600, financed 29500 at 4.9 and my payments are 560 for 60 months.
10-07-2003, 09:18 PM
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I good loan calculator is always right, as long as you are comparing the same figures. If it is not matching up with your current loan, or fianancing offered by a dealer, you need to find out why.
$22,500 at 4yrs (48months) and 0% interest is $465 a month. You are either in a 5yr or greater loan, or you are in some back end loan where you will still owe money after 4yrs.
$22,500 at 4yrs (48months) and 0% interest is $465 a month. You are either in a 5yr or greater loan, or you are in some back end loan where you will still owe money after 4yrs.
10-07-2003, 10:08 PM
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$0 I don't buy a car unless I can pay for it in cash. I know that doesn't always make the best financial sense but I just don't want a monthly bill be detrimental to my enthusiasm - especialy after having the car fora couple of years.
10-08-2003, 08:43 AM
#10
Originally posted by goodyrx8
$0 I don't buy a car unless I can pay for it in cash. I know that doesn't always make the best financial sense but I just don't want a monthly bill be detrimental to my enthusiasm - especialy after having the car fora couple of years.
$0 I don't buy a car unless I can pay for it in cash. I know that doesn't always make the best financial sense but I just don't want a monthly bill be detrimental to my enthusiasm - especialy after having the car fora couple of years.
With the RX8, I put half down, payments are 277 a month. I can live with that.
10-08-2003, 09:57 AM
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Originally posted by goodyrx8
$0 I don't buy a car unless I can pay for it in cash. I know that doesn't always make the best financial sense but I just don't want a monthly bill be detrimental to my enthusiasm - especialy after having the car fora couple of years.
$0 I don't buy a car unless I can pay for it in cash. I know that doesn't always make the best financial sense but I just don't want a monthly bill be detrimental to my enthusiasm - especialy after having the car fora couple of years.
OTOH, it's really nice not having any car payments.
10-09-2003, 08:36 PM
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Originally posted by mikeb
4.9 apr is good
I work for a sub prime auto lender and I see people with 25 percent interest all day
4.9 apr is good
I work for a sub prime auto lender and I see people with 25 percent interest all day
Sindows, how much is the 8 you're looking at? Mine was fully loaded, I put down $9500, and my payments are about $450 for 60 months (though we plan to pay it off before the warranty is up).
10-10-2003, 12:16 PM
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Re: bs
Originally posted by sindows98
Loan calcs suck!! I took a loan out for my vette my loan was for 22,500 and a 4 year plan and im only paying 410 a month, on the loan calc it said over $500 a month and I even added a lower % then I got on my loan and it was still higher, I tryed this on many sites and got the same responce.
Loan calcs suck!! I took a loan out for my vette my loan was for 22,500 and a 4 year plan and im only paying 410 a month, on the loan calc it said over $500 a month and I even added a lower % then I got on my loan and it was still higher, I tryed this on many sites and got the same responce.
BTW, what is the exact interest rate on your Vette loan?
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