Base + sport owners who financed - payments?

jaxxx

lol and its not a good idea to be buying a Z if you dont even have a few thousand to spare, seriously sounds like your trying to buy a car more than you can afford.

its funny seeing some of these guys here putting less than 10% down and financing for 72 mo.

6spd

bump from the dead, good job hehe!

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buddahson

- monthly car payment ~ $430 / 60 Months
- monthly insurance payment ~ $133
- how much per month on gas? ~ $150
- what was your down payment? ~ $7k

Keep in mind I bought used for $27K + tax.

EazyD

Thanks for those figures. Repped you serious responders

dthem370

- monthly car payment $383
- monthly insurance payment $172 for 9 months.
- how much per month on gas? $100
- what was your down payment? $11200

Diocletian

- monthly car payment $487 72 months
- monthly insurance payment $118/mo(27 Yr old - single)
- how much per month on gas? $200(daily driver, work vehicle)
- what was your down payment? $2500(thats including trade-in)
Final OTD price was 28,912

For my 2nd possible 370z my numbers look more like:
- monthly car payment $506/mo 72 months(5.9% APR)
- monthly insurance payment Unchanged
- how much per month on gas? Unchanged - still DD
- what was your down payment? $1880 in cash, current 370z trade-in puts me 4k upside down - too many miles on it
Final OTD price is 30,880. It's an ok deal for a a fully loaded yellow 09 with Nav and 5500 miles on the odo.

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Astrosfan

I havent purchased one yet, but this is what i'm looking at:

- monthly car payment ~ $380 / 60 Months (3.99%)
- monthly insurance payment ~ $100(base) $124(touring)
- how much per month on gas? ~ $300 (100mi round trip commute to work)
- what was your down payment? ~ $8-9k

Also looking at a used for around $27k

I couldnt imagine financing a car for 6yrs, 5 is even pushing it for me.
Also, I need to stay around $300-400mo... not that i cant afford more but thats alot to spend a month on a car(i know, i know, its not just any car). I'm just more cautious when it comes to monthly expenses, plus i dont want to be "car broke" and i like to go out.

I'm bringing home around $3,500mo net. , 28yrs old, single, with minimum monthly bills for now.

Hope that helps put it into perspective...

ZPhycho

- monthly car payment $481.00
- monthly insurance payment $206.00 (22 Years old) first time having insurance
- how much per month on gas? $120 ave
- what was your down payment? $4000

bought it used with 13K on it
paid 27,000 OTD

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ninous26

Damn guys, 72 months? I was thinking have having a high payment (480-550) a month and doing a shorter term (48 mo). Is this a good idea or is a 60month term better?

Whats up with these high payments at 72 month terms?

I was thinking of getting a low payment as well (280-360) but a long term (72mo) BUT making double payments..

Which is better? The 48mo idea or the 72 mo idea?

Astrosfan

for me, paying payments on a car that is several years out of warranty is not worth it, even if you plan on keeping it til the wheels fall off.

personally, i am getting a 5 yr loan, paying the monthly payments and putting the difference between the 4 and 5 yr loan in a savings goal acct. That way, when year 4 comes around, i will be able to pay it off if i choose. Or, if something goes wrong with the car, get in a wreck, i lose my job, ect....i will have that extra padding on top of my emergency fund(5mo expenses).

Look at it this way, i plan on paying the car off on yr 4 but signing a 5yr note allow me the flexibility to pay the lower amount if money gets tight one month. You definately dont want to be car broke!

if you plan on paying double payments and dont need the flexiblity i say just sign a shorter term and save some $$. If you follow my plan but are not good with not touching the money in savings, it wont work.

Having a low monthly definately has its advantages...

n370zpg

Just purchased my 2010 PG Z 6MT w/sport package in september.
72 months w/ 2.69%
monthly payments: $390
monthly insurance: $91/month or $540/6months
monthly gas: ~$100 (only drove her 650 miles in 2 months)
downpayment: $8,500

Haven't looked back

Eric

Has anyone used the Edmund's Auto Loan calculator to determine what the Z will cost them?

Auto Loan Calculator

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wh1te370z

haha i think i win this one

- monthly car payment -- 592.08 (yea i know it by heart)
- monthly insurance payment -- 350/month (21 with an accident)
- how much per month on gas? so much i dont pay attention (i like to drive )
- what was your down payment? -- 5k

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