09-14-2006, 08:49 AM
|
#15 (permalink)
|
|
First 2000 Sr. Member
Join Date: Mar 2006
Location: jax, Fl
Posts: 98
|
Quote:
Originally Posted by Ahnuld
Trying to calculate my payments for my RL i hope to recieve this fall... I guess the key variable is not knowing where rates are on the sky as its been 4 1/2 years since I bought a car.
So was curious what APR you guys are getting, and possibly how you worked out financing? Either base or RL... doesnt matter.
I have an RL on order.
30,200. Add dealer installed options, tax (7%), tags, registration...
34,000?  but anyway...
I am keeping my old car, no trade in. I have good credit and income (well, more about having low expenses)
purchase 34,000
5,000 down payment
financing 29,000
6.9 interest? Is that too high an estimate?
$573 per month, at 60 mos...
Sound correct? Only thing not sure about is Rate. When I bought 2 cars 54 months ago, it was soon after 9/11 and dealers incentives were high and rates were low.... I think I have a 2.9 and a 3.9 rate currently.
|
Sky's have only a rate comp. to your beacon score right now. The best rate with GMAC will 6.94 for 60 months. I suggest you have you finace person submit you to a credit union. They have as little as 4.9%. A 30,000 dollar car should get you $525 payment with great credit ( over 750 score).
WHEW, 
__________________
Tal
Redline 5/26
build date 10/2
ship 10/13
WAITING STILL
Est del 10/27
|
|
|