Best deal on a car?

Question

I want to buy a car and want to get a good deal on it. How do i get that deal with $10,000 down on a $30,000 car so my payment will be $200.

Answer 1

I have been selling cars for over 3 years. If you care to get some great advice, feel free to add my name to your yahoo messenger. I would love to help!

Answer 2

First things first. A good deal is a state of mind, which means a good deal is different for everyone. On your second point if you purchased a vehicle for $30000..what about the taxes ? It is mathmatically impossible to borrow $20 to $23,000 and come out with a $200 payment. If you run into a dealer that says they can do it, walk out of the dealership as fast as you can! Some type of long term lease might get you close but that would be a major mistake. Try working with you credit union or personal banker on your budget and determine how much u can comfortably afford on a monthly basis. Then have them tell you how much you can borrow for that payment. that will tell u how much u have to spend on a car.( i.e. your $10,0000 and the banks money) You should be looking at cars that u can purchase for about $19 to 22,000.

Answer 3

I am sorry to say that what you want is an impossiblity. On a 30k car with 10k down and good credit. The longest term you can finance is for 84 months. With stellar credit and 10k down your payment still would be about 353.61 a month.
A lease would or might help but the 200 dollar thing is just not gonna happen, sorry!

Answer 4

stop right there you can get a very nice vehicle for $10,000 buy a good used vehicle and save yourself the interest and higher insurance

Answer 5

using your numbers, you'd be financing 20000 plus tax, with 0 interest you'd have to finance that for over eight years.

For a two hundred dollar payment, you'll have to lease something with ten grand down.