What are your monthly payments?

GT-R man · 03-25-2009, 05:17 PM

Marcus just make sure you punch the numbers at home of what you think u qualify for.. pick out how much you want to put down, for how long and interst rate to the price you agreed to buy the car for... then there shouldnt be any catches when you go to the dealer..dont forget your tax rate if you think something is fishy just ask the sales person to explaing the numbers

takimbe · 03-25-2009, 09:26 PM

Monthly Payment: $432 (4.75% APR, 72mo.)
Money Down: $7500
Price Paid: $34520 (with TTL and shipping/8.75% tax because I dont get it until april

)
Location: Orange County, CA

MarcusMIA · 03-25-2009, 11:07 PM

I see some ridiculously appealing numbers...

bluzman · 03-26-2009, 04:49 PM

Quote:

Originally Posted by takimbe

Monthly Payment: $432 (4.75% APR, 72mo.)
Money Down: $7500
Price Paid: $34520 (with TTL and shipping/8.75% tax because I dont get it until april

)
Location: Orange County, CA

72 month loan for a car?? Yikes

MarcusMIA · 03-26-2009, 10:44 PM

Quote:

Originally Posted by bluzman

72 month loan for a car?? Yikes

Wow, I missed that part. lol

MightyBobo · 03-27-2009, 12:10 AM

Quote:

Originally Posted by bluzman

72 month loan for a car?? Yikes

Its just the best way for some people...as long as the rate is sub-5%, I wont knock it.

takimbe · 03-27-2009, 02:14 AM

yeah, I am just planning ahead and using it as a 'just in case' measure. The payments are low, but I didnt mention that I was also going to be paying 1000/month, plus 5k+ of my bonus every March.

If something unforseen does happen in terms of my employment, I wont be paying a ridiculous payment and a 72 month loan allows me to have lower payments and still afford to live and ride out anything that comes my way.

Again, I dont anticipate anything happening with my job, given the amount of work and length of my current contracts. And if that is the way it is, then I will pay off the car in a little over 24 months, maybe even less, and probably end up paying less interest than most of you out there.

I definitely would have gotten a shorter loan (48-60), or just straight waited on getting it, if the interest rate was above 5%, but like one of you said, its sub-5%, so it doesnt bother me. I did this before when I bought my truck back in High School and paid off the entire car (12500) in 6 months doing web work (thank god for the emergence of the internet back then).

tru_Asiatik · 03-31-2009, 06:16 PM

$513 for 60months
8k down
6.25% apr <---

i know it was high but oh well
ill probably refinance down the line later on to get a lower rate

View Poll Results: How much are your monthly payments
$0 -- I own it!	57	22.18%
$200 to $249	3	1.17%
$250 to $299	6	2.33%
$300 to $349	18	7.00%
$350 to $399	19	7.39%
$400 to $449	34	13.23%
$450 to $499	33	12.84%
$500 to $549	27	10.51%
$550 to $599	17	6.61%
$600+	43	16.73%
Voters: 257. You may not vote on this poll

03-27-2009, 02:14 AM	#7 (permalink)
takimbe Base Member Join Date: Feb 2009 Location: San Diego, CA Posts: 223 Drives: 09' PG 370Z w/SP Rep Power: 265	yeah, I am just planning ahead and using it as a 'just in case' measure. The payments are low, but I didnt mention that I was also going to be paying 1000/month, plus 5k+ of my bonus every March. If something unforseen does happen in terms of my employment, I wont be paying a ridiculous payment and a 72 month loan allows me to have lower payments and still afford to live and ride out anything that comes my way. Again, I dont anticipate anything happening with my job, given the amount of work and length of my current contracts. And if that is the way it is, then I will pay off the car in a little over 24 months, maybe even less, and probably end up paying less interest than most of you out there. I definitely would have gotten a shorter loan (48-60), or just straight waited on getting it, if the interest rate was above 5%, but like one of you said, its sub-5%, so it doesnt bother me. I did this before when I bought my truck back in High School and paid off the entire car (12500) in 6 months doing web work (thank god for the emergence of the internet back then). Last edited by takimbe; 03-27-2009 at 02:18 AM.

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
How can I effectively estimate my monthly payment?	MarcusMIA	Nissan 370Z Pricing / Ordering Discussions	10	03-19-2009 10:13 AM
Lease/Finance Monthly Payments + details of 370z owners	override00	Nissan 370Z Pricing / Ordering Discussions	2	02-17-2009 02:17 PM

03-25-2009, 05:17 PM	#1 (permalink)
GT-R man Base Member Join Date: Jan 2009 Location: la Posts: 38 Drives: 08 camry Rep Power: 0	Marcus just make sure you punch the numbers at home of what you think u qualify for.. pick out how much you want to put down, for how long and interst rate to the price you agreed to buy the car for... then there shouldnt be any catches when you go to the dealer..dont forget your tax rate if you think something is fishy just ask the sales person to explaing the numbers

03-25-2009, 09:26 PM	#2 (permalink)
takimbe Base Member Join Date: Feb 2009 Location: San Diego, CA Posts: 223 Drives: 09' PG 370Z w/SP Rep Power: 265	Monthly Payment: $432 (4.75% APR, 72mo.) Money Down: $7500 Price Paid: $34520 (with TTL and shipping/8.75% tax because I dont get it until april ) Location: Orange County, CA

03-25-2009, 11:07 PM	#3 (permalink)
MarcusMIA Base Member Join Date: Mar 2009 Location: Cap Hill, Seattle, WA Posts: 71 Drives: '14 370Z Blk MT Rep Power: 17	I see some ridiculously appealing numbers...

03-31-2009, 06:16 PM	#8 (permalink)
tru_Asiatik Track Member Join Date: Feb 2009 Location: so cal Posts: 793 Drives: 2009 370Z 6MT Rep Power: 271	$513 for 60months 8k down 6.25% apr <--- i know it was high but oh well ill probably refinance down the line later on to get a lower rate