i want a mustang cobra 03 or 04, what are good things that i can tell the sells person so i can get low payments?
2007-03-11 12:51:58 · 10 answers · asked by pips_325 2 in Cars & Transportation ➔ Buying & Selling
i have a trade in chevy blazer 92 4x4 1500, and don't have for the down payment.
2007-03-11 12:56:30 · update #1
There is a simple formula to figure this out:
Every $1000 dollars that you finance equals $23 per month in payments, so Ten Thousand would be $230, Twenty Thousand would be $460, etc..
You're looking to finance approximately $18000 in order to stay under $400.
Good Luck!
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2007-03-11 12:57:31 · answer #1 · answered by rob1963man 5 · 0⤊ 0⤋
Think about this, that average auto loan is for 60 monthly payments.
If you want the payments to be 300 bucks a month that means you can finance 300 x 60 or $18,000. For $400 its $24,000. This includes interest. So make sure the price is well below those numbers. Don't forget tax, title and license fees that they tack on.
Also, go to kbb.com to get an idea of what that kind of car should cost.
Lastly, save your money and wait until you can afford an 06 or 07. They are way cooler.
2007-03-11 13:02:25 · answer #2 · answered by Tumbling Dice 5 · 0⤊ 0⤋
Shop around for the financing just like you shop for the car. Your payment is the result of your down payment, length of loan, and interest. So longer loan, more down, or lower interest will determine how low your payment is.
2007-03-11 12:57:51 · answer #3 · answered by Fordman 7 · 0⤊ 0⤋
i pay only 288 for an 07 Yaris and i used my Credit Union to finance with b/c they always have better intrest rates. If you bank with a credit union then that's the way to go.... and you need a good credit score
2007-03-11 13:00:30 · answer #4 · answered by Annie: Mommy to Sid and Liz 4 · 0⤊ 0⤋
you need a down payment and if you save for three months you will have it save those 400.00 and that should give you enough in four months then go in and talk. good luck save for about four month the 400.00 even then that probably not enough
2007-03-11 13:04:24 · answer #5 · answered by jane h 3 · 0⤊ 0⤋
My fiance owns a car dealer, he can help: try going to 209carz.com or paradiseauto-sales.com. he helps people get the monthly payments they want. hope that helps.
2007-03-11 12:56:47 · answer #6 · answered by Sasha 4 · 0⤊ 0⤋
There is nothing you can tell them, it depends on the cost of the car, your credit score and the downpayment you put down.
2007-03-11 12:55:44 · answer #7 · answered by Nette 5 · 0⤊ 0⤋
sure...you can tell him you re ganna put a lot of money down so the monthly payment will be lower
2007-03-11 12:55:02 · answer #8 · answered by Anonymous · 0⤊ 0⤋
great creid well help other than that not much. lol a big down payment. unless you seatle for a differt car.
2007-03-11 13:24:37 · answer #9 · answered by thomas b 1 · 0⤊ 0⤋
you can either put more money down or blow the entire dealership
2007-03-11 12:55:44 · answer #10 · answered by Jess 2 · 0⤊ 0⤋