if you dont mind me asking, whats was your price out the door?
was it 32,750?

if so, i think you got your caculations wrong.
i dont think you can zero out by month 60 unless u put a bigger down or your payments for higher than 429.00

pls explain cause after seeing your post, im confused by my monthly payments now.

thanks!

 

And no more warranty! whooo!!

 

It's easily ok. If you even take 22,750/60, you get like $379. Then the difference between that and $429 is interest. Remember, he did put $10k down.

 

ok here it is. 2003 Evo 8. $30,222. plus $5000 i'm cool fee that i paid upfront just to buy it. hey even at $35000 find a car that is like this. document fee $160. Tax in Michigan. 6% $2113.32. registration $88. Total financed $32423.32 I have good low credit so my parents co signed so i have a high interest rate. 6.99% Total after 5 years. $38612.20 Monthly payment $641.87 The car is insured through Farm Beaureu Insurance for $249 a month. Grand total per month $890.87. That's how much to basically finance the entire car and insurance. The loan is through Mitsubishi. Yours will vary due to interest rate and state tax and if you transfer a plate. I got a new plate.

 

To be exact:


MSRP 30,812+1,978 tax/title=$32,790
Deposit 10,040
Financed $22750 at 4.99% for 60 month=$429.24

 

0 down
4.99 apr
72 months @ 484.74
paid MSRP

 

oh okay thanks for clearing that up. when i was doing the quick calculation, i used 32,790 instead of 22750. hahah

my mistake. thanks a lot, this cleared it up. our payments are like yours.

 

Sticker price $29968
trade in $16.3K
Balance due $13.668
taxes & other fees $1083.69
down payment $14751.69
Monthy payment $0.00; months 0

 

$18,000.00 trade in
$ 290.00 per month for 72 months at 5.5% (pit-pass and pertec. package + everything else included ... yet I paid 2 much at $2,000 over!

 

What is pit-pass and pertec. package? Thanks!

 

Im guessing you all have well established credit to be getting sub 6 rates.

 

..

 

i feel sorta ripped off.. but i know why tho..

its due to my current credit card debt and not having a job..

still got an evo!! lol! i'm nuts!...

paying 760/mo or 860/mo total including insurance (cus insurance is my strong point due to my perfect record)..

i got a 9.something % simple interest rate.. and i got the sunroof and wing.. and i added warranty to 7 years.. and the nice $2000 markup of course.. oh, and i only put 2grand down...

as soon as i get a job and i get my credit cards paid off i'm refinancing for sure!

but i'm not turning in my evo for anything!!!! i'm loving every minute of it!!!

at least today i got 4grand for my 1G Talon ... that will go towards those payments until i get a job!.. which will last me 4 and a half months.. so by then i better have damn job!

 

Is it true that dealers don't let you test drive the car until you bought it?!

 

0 down
7.5% apr
31.5k financed
590 for 66mos.

add $400 for the VII taillights and Apexi BOV sitting on my desk.
I pickup my car on Wed/Thurs. rules!