Car monthly payment questions?

ok heres the story, -planning to either finance a 2 door G35, if not a 350z OR a 4 door Acura TL. Does anyone already finance any of these cars ? How much is your monthly finance/insurance bills come up to ? And o yea had my license for about 4-5 years now with no violations. Can someone help me with a answer to how much would i be looking at monthly ? thx

Car monthly payment questions?

Depends on your credit.

Car monthly payment questions?

Since I am searching for a car as well, I know how you feel. This question however, requires intricate knowledge of what your credit rating is, how much you can put down on the downpayment, the dealer and associated with the credit rating is the finance rate.

For financing, I strongly suggest going to the carmaker%26#039;s website (assuming you are buying brand new) and going through their payment estimator. For most part they run updated interest rates (again, these are dependant on your credit rating), updated pricing (MSRP of course - not necessarily what dealer will charge) and options you might wind up selecting.

It would hard to give you an answer without going into all these details. I would strongly recommend going to a financial advisor who knows your background history and can show you what you can and should not do.

Car monthly payment questions?

First of all you are a fool to finance a used car for 6 years. I doubt if anyone would even give a 6 year loan on a used car. Plus the longer the terms the higher the interest. The typical used car loan is for 48 months. You might go 60 if you have good credit, but you already said you don%26#039;t.

If you finance $30K for 60 months at 8%. You payment will be over $600 a month. Add insurance on a high performance sports car for a young driver and you%26#039;ll pay an additional $250 a month just to insure your car. So you are looking at roughly $850 a month to drive a used 350Z and that%26#039;s before you put any gas or oil in it.