I want to buy a $18k car with no credit but with $3500 or $4000 down. I'm aiming for $450 a month. How much do I need to put down to get it to 450 a month? I want a 48month lease also.
2007-07-01 04:25:43 · 4 answers · asked by youngsincere88 1 in Business & Finance ➔ Credit
Go to edmunds.com. Or google 'car payment calculators'. There are plenty of them out there. It only takes a minute, and the better educated you are when you go in to purchase your car, the better off you will be. Good luck. Congratulations.
2007-07-01 04:35:45 · answer #1 · answered by Diana 4 · 0⤊ 0⤋
that will do fine. thats a big down pay, i have medium credit, only put 500 down and have a 18,000 loan and my payments are 333.00 but im buying, which is 30-50 more a month than leasing.
you said you wanted to buy a car, but then you said you wanted a 4 year lease. leasing isnt buying, you have to give the car back, and sometimes will owe for mileage anyhow. you can pay an extra 30.00 a month and own the car.
2007-07-01 06:14:45 · answer #2 · answered by ktlove 4 · 0⤊ 0⤋
depending on how the company looks at no credit history expect a payment of approximately $100 for each $5000 financed. you should have no problems.
watch your lease... most have huge penalties for going over 12,000 miles per year...
very few people drive that little... you may be better off purchasing the vehicle.
2007-07-01 04:35:19 · answer #3 · answered by New rider-- again 3 · 0⤊ 0⤋
Leases are almost always a bad idea.
2007-07-01 08:21:16 · answer #4 · answered by jdkilp 7 · 0⤊ 0⤋