What are your monthy payments??
#1
06-23-2006, 11:08 AM
What are your monthy payments??
I am looking into getting a Fit. Not sure when though. Just doing research on it and see if/how it can be modified. I don't want to get to crazy with it, but like to make it my own.
Questions:
What model did u get?
How much did u pay?
How much did u put down?
How much a month are you paying?
Questions:
What model did u get?
How much did u pay?
How much did u put down?
How much a month are you paying?
for 60months
#9
06-23-2006, 01:06 PM
Originally Posted by paranode
"Deal" is a very relative term with financing. 
The question you should ask yourself is "How much more am I going to pay for this car due to financing?" They can do some tricky stuff with the numbers.
The question you should ask yourself is "How much more am I going to pay for this car due to financing?" They can do some tricky stuff with the numbers.
The single most important factor is what the monthly payment will be. The interest rate, length of the loan mean almost nothing as long as the payment is below $xxx dollars.You can get seriously screwed by a combination of a low monthly payment and a high interest rate. Always multiply out #months by payment dollars to get what the sucker will cost you before you sign. This doesn't just apply to cars. If more people did this, we wouldn't have people walking out of Best Buy with a huge $3000 HDTV purchased with the Best Buy credit card @24%.....
#10
06-23-2006, 01:15 PM
Don't know what my deal will be yet, but I have to carry over a little balance from my current car. My financial situation ain't the greatest at this point in my life, but I have a plan. Part of it is trading my car in on the Fit which should get my monthly payment down about $100 or more below what I pay n ow. Then I redirect that extra C note into other debts, then once those are payed off, I add the amount I've been paying to those to my car note, and pay it off way early. 
#12
06-23-2006, 01:28 PM
I haven't received the car yet, but --
What model did u get? LX MT
How much did u pay? MSRP
How much did u put down? MSRP
How much a month are you paying? 0
The first time this requires settling for what you can afford or otherwise delaying gratification; after that compound interest works for you instead of against you.
What model did u get? LX MT
How much did u pay? MSRP
How much did u put down? MSRP
How much a month are you paying? 0
The first time this requires settling for what you can afford or otherwise delaying gratification; after that compound interest works for you instead of against you.
#13
06-23-2006, 01:36 PM
Originally Posted by 07Fit00S2K
I think you sell your car instead of trading it in to get more money from the car.
Sure... if I owed less than the car is worth. The gap is closing, but won't be reversed for too long, and then you actually have to SELL it. I have a friend in Houston that was trying to sell and almost identical car, and it took over 6 months to sell, and he got less than he wanted for it.
If my situation goes well, I might end up not having to carry over anything on the financing. However, due to my whole situation, I'm in a lose/lose less situation. My options are limited. I'm only trading for the Fit to save money in the long run. (plus it's a Honda, and I plan on paying it off and keeping it until the wheels fall off)
#14
06-23-2006, 02:17 PM
My first new car is costing me...
Hi:
My sport automatic cost
$17,394.92
- 4,000.00 (dp)
+ 259.00 (Dmv/dealer)
~~~~~~~~~~~~~~~~~~~~~~~~~~
$13,653.92 x 60 @5.99=$263.95mth
My lil Fit is well worth every hard earned penny
LBW
My sport automatic cost
$17,394.92
- 4,000.00 (dp)
+ 259.00 (Dmv/dealer)
~~~~~~~~~~~~~~~~~~~~~~~~~~
$13,653.92 x 60 @5.99=$263.95mth
My lil Fit is well worth every hard earned penny
LBW
#15
06-23-2006, 02:23 PM
Questions:
What model did u get?
Sports Automatic
How much did u pay?
16,450 + 1,092 (tax, reg, title, license) = $17,542 (included mats, locking gas cap, wheel locks)
How much did u put down?
2000
How much a month are you paying?
299 @ 5.99% for 60months
What model did u get?
Sports Automatic
How much did u pay?
16,450 + 1,092 (tax, reg, title, license) = $17,542 (included mats, locking gas cap, wheel locks)
How much did u put down?
2000
How much a month are you paying?
299 @ 5.99% for 60months
Last edited by wyy183; 06-23-2006 at 02:26 PM.
#16
06-23-2006, 03:01 PM
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Join Date: Jan 2006
Location: Middletown/Front Royal, Virginia, USA
Posts: 1,491
#17
06-23-2006, 03:41 PM
Originally Posted by paranode
"Deal" is a very relative term with financing.
The question you should ask yourself is "How much more am I going to pay for this car due to financing?" They can do some tricky stuff with the numbers.
The question you should ask yourself is "How much more am I going to pay for this car due to financing?" They can do some tricky stuff with the numbers.
#18
06-23-2006, 04:07 PM
here is my numbers,
Originally Posted by 1SweetV6
I am looking into getting a Fit. Not sure when though. Just doing research on it and see if/how it can be modified. I don't want to get to crazy with it, but like to make it my own.
Questions:
What model did u get?
Sport Manual
How much did u pay?
around $17500 out -the-door
How much did u put down?
$2500
How much a month are you paying?
$286 @5.25% for 60 months
Questions:
What model did u get?
Sport Manual
How much did u pay?
around $17500 out -the-door
How much did u put down?
$2500
How much a month are you paying?
$286 @5.25% for 60 months
#19
06-23-2006, 05:16 PM
Questions:
What model did u get?
Fit Sport Auto
How much did u pay?
17900
How much did u put down?
6000
How much a month are you paying?
right now: $299 @ 7.99 for 48 months
(dealership is trying to get it down to 6.99 and couldnt wait around for the reply...if it changes they are fedexing me new paperwork)
What model did u get?
Fit Sport Auto
How much did u pay?
17900
How much did u put down?
6000
How much a month are you paying?
right now: $299 @ 7.99 for 48 months
(dealership is trying to get it down to 6.99 and couldnt wait around for the reply...if it changes they are fedexing me new paperwork)
