highest monthly payments
With the evo i plan to buy here in the next 1-2 months i will be looking at aboud 250 a month with a good downpayment and a co-sign form my pops. Im 19 pulling one without a co-sign is just a bad bad bad idea...so:
250- Car payment
450-500 for insurance
19 + Own insurance + evo = F***ED! lol
But hey

250- Car payment
450-500 for insurance
19 + Own insurance + evo = F***ED! lol
But hey

I'm 25 paying $412.37 /mo, 8% for 60 mos. including gap ins. with $3k down, with pretty bad credit
$160/mo full insurance, my own policy.
EDIT: If I only make the minimum payments for the entire loan term, when it is paid off, I will have paid $3k more than the Private Party Blue Book Value of the car the day I bought it. Not bad since $1800 of this difference is Gap Insurance, and a stealership would have priced the car higher than this anyway (bought from private party).
$160/mo full insurance, my own policy.
EDIT: If I only make the minimum payments for the entire loan term, when it is paid off, I will have paid $3k more than the Private Party Blue Book Value of the car the day I bought it. Not bad since $1800 of this difference is Gap Insurance, and a stealership would have priced the car higher than this anyway (bought from private party).
Last edited by hokiruu; Jan 29, 2007 at 02:07 PM.
I purchased my EVO through my credit union (WESCOM), and was able to get a much lower interest rate than if I would have went through the dealership. My interest is only like 5.5% I believe, and I don't have the greatest of credit, not even close.
I just refinanced my car with a credit union instead of Capital One. My APR is now 6.5%... before, I was paying $420/ month for 72 months... Now I'm playing $406/month for 48 months.



down 72 months with gap
