Hey guys.
What are you guys with MR's paying per month?
I want to get one by next week and was hoping for $550-600/month payments but keep getting $620-630 from some dealers. Maybe my expectations are too high?
This is what im working with:

Trading in '04 SRT-4 which I've had apraised twice at $12500. Buyout price is 10400 so that's 2100 toward purchase of MR.
Not putting anything down, other than trade in. Credit score of 745, Chase is giving me 6.9% for 72/months.
Now what im wondering is how much you guys are paying per month???

This includes NEW purchases(not used) & anyone who is financing their evo.

And please INCLUDE the term(how long your financing),your APR rate, your down payment/trade in value, and all the other things that would be a factor in the payment.
BTW, I did a search but found countless threads where people didn't post that type of information, which made it kinda pointless.

Thanks alot guys, I really appreciate it.


Price - ???
Trade in Value - ???
Trade in buyout - ???
APR - ???
Term - ???
Down Payment - ???

 

i pay 700 a month but i was 10k backwards from trading in the porsche. or it would have been 500 a month ifgure out the math dude every 10k on a loan is about 200 a month payment sooo 30k is about 600 a month. and if u have a high interest rate then the numbers go up. of course its always good to have a down payment... so i basically financed 47k and 3k down for 80 months i think may be only 72.. my interest rate is 7.25% 6.9 % sounds good for you right now to me the rates have gone up cuz the porsche was 5.15% interest.

 

www.octfcu.org >>> great loan calculators. Are you a member of a credit union? a lot of them do 84mos plus lower rates. Id do that then refi for a shorter period later

 

Little less or over 300 bux a month (I forgot lol)

14,250 down

18,250 loan

5.9% or 5.6 APR (I forgot lol)

72 months

I almost got enough to pay my car off but I rather mod

 

i pay about $630 a month... it went down from $660 this month... and maybe in 6 more months i should be prolly at $600 a month so yea... not too bad for me

 

how does ur payments go down

 

Just use a loan calculator and play with the numbers...

http://finance.yahoo.com/loan/auto/calculators

 

i'm at around $540, financed for 5 years @ 0%, was about even after my down payment/negative trade were said and done, so basically it was like putting nothing down. not an MR but a regular w/ SSL, so pretty close price-wise. interest is a *****

 

You pay extra towards the principal

 

im at $528.45 for 72 months...not really sure of APR

 

Even if he does I have yet to hear of one lender that will re-amoritize the loan which is the only way a payment will change with a fixed rate. Paying more towards principal will just shorten the term.

 

Well said fsugatorbait. If there is a company that will do that please let me know cause i'm jumping on that wagon.

 

APR=Not very good if its $528.45 for 72.... must be like 12%
i got a 6% and my payments after some cash down are 520 after life insurance and the other bull crap i added incase of death or injury. soo it was like $480.00 for 60 months

 

mine is 520 a month 72 months with a very high 9.39% interest rate

 

+1,apr around 5.9