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it's fully loaded (sunroof, alloy wheel, carpet, side/curtain airbag, 6 dash cd w/ 6 speaker...) for 21k - 1k rebate... i downed 3k and finance for 72 months for 7.19% with monthly payment of $293 is that expensive? :(. I need incouragement... please tell me im not paying too much....

2007-07-10 07:59:01 · 8 answers · asked by Mr. Questionair 2 in Cars & Transportation Car Makes Toyota

8 answers

I just bought an 07 BMW 335i coupe , $30,000 down, $16,000 finance for 24 months for $724 a month. Does that help? The price you got for the car seems $700-900 too high, but your interest rate seems fine.

2007-07-10 08:24:30 · answer #1 · answered by Anonymous · 0 0

Thats pertty cheap for a 2007 corolla my friend bought a 2006 corolla used with $2000 down and the payments are $400 a month for 72 months

2007-07-10 17:45:22 · answer #2 · answered by kingofdrifters 4 · 0 0

You have a nice size payment, but I agree with the first answer. Pay more than the monthly payment states so you can pay it off early and save up to thousands in iterest. On any loan over 48 months, the difference in loan terms are in the thousands. Pay it off early and save a lot of cash. At least you were smart enough not to lease.

2007-07-10 17:41:29 · answer #3 · answered by Terrence B 7 · 0 0

Payment is fine. Most cars end up being around the $300 range. The interest rate is a little high, but if you don't have great credit it's a pretty good rate. You'll do just fine! Keep up with those payments!

2007-07-10 15:10:26 · answer #4 · answered by Bridey 6 · 0 0

It's very a close and competitive loan. Pay it off in bigger chunks if at all possible. The interest rate remains the same but you will loose the payments and future interest at the other end if you shovel in the money as fast as you can afford.

2007-07-10 15:05:52 · answer #5 · answered by Country Boy 7 · 0 0

Sounds like buyers remorse. No one remembers in a few years what you paid for it just what your monthly payments are. If you can afford it and you're happy with the car then it's all good.

2007-07-10 17:38:11 · answer #6 · answered by Joker69 3 · 0 0

I don't know... but I just bought a new 2007 Jetta. $18,000 financed, 0 down for 5 years and monthly I pay $398.... does this help??

2007-07-10 15:08:26 · answer #7 · answered by Anonymous · 0 0

you paid too much shouldve got a used one. shouldve also bought American. have fun paying for maintenance.

2007-07-11 21:15:10 · answer #8 · answered by I race cars 4 · 0 0

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