Ok so I have a 96 integra and willing to sell, thinking maybe i can 6500-7 for it. I will be 21 years old and have fairly good credit i also make make a decent amount of money. Iam really looking into buying an s2000, 05-06 used. Thinking about putting 5k down payment. I also will have support from my parents as far as insurance is concerned.. On a average what do u guys think my payments will be considering i get one for about 21-24k?

 

depends on how much your apr would be...

 

judging by your down payment and the year you are looking for, i think you will be paying atleast 400/mo

 

Judging you have upwards credit of 700 and get the average of 9 APR, around 22.5k and up you will be in the low 500's a month.

 

O i forgot thats with no money down.

 

yeah i will be putting about 5500-6 down. I was thinking in the mid 400s also..Any advice or comments

 

well if you feel you can afford it then go ahead. and your getting help from your parents so that's a +.
i think on avg a lot of s2k guys pay something around that ballpark avg

 

Needing help from your parents at age 21, and buying an expensive car = you don't deserve an expensive car.

You're 21, buckle down and take some responsibility! Which doesn't include looking "cool" in a car at this point.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by stickercuttingcom &raquo;</TD></TR><TR><TD CLASS="quote">Needing help from your parents at age 21, and buying an expensive car = you don't deserve an expensive car.

You're 21, buckle down and take some responsibility! Which doesn't include looking "cool" in a car at this point.</TD></TR></TABLE>

Well i can pay the car by myself, but since my parents offered to help out with the insurance being that i still attend school. So its more of a reason to get one. But well see how it goes.

 

I pay 400 a month for my 02. no co-signer, and im only 19. i put 5500 down on mine. are your parents going to be co-signing for you?

 

Here is a usefull tool to figure out your monthly payments: http://automobiles.honda.com/t...sp%3F


To adjust for the lowervalue of a used car just lower the amount of the price on the car or add the difference to the down payment.

 

If you're that serious about it, why wouldn't you go talk to the people who would be giving you the loan?

I pay 281 a month for mine. I put 7k down and I was 21 when I got the car. It was about $18k. You guys need good credit so you can have a low payment like me. For the past 4 years I've been building my credit from renting apartments and what not. You shouldn't rely on your parents financially after you're 18 imo.

 

not sure if my parents but i will most def have a co-signer..I havent talked to a loaner because i want to get rid of my dc. See my sig if anyone is interested..

 

I spent 23,900 after sales tax and all the other bs. I put 7500 down and with a 6.8% my payments are only 330 a month on a 5 yr. Yours shouldn't be much worse.

 

i bought mine for $21.5k , with the 5000 down I put Im paying about 400 per month

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by HighPsiAwd &raquo;</TD></TR><TR><TD CLASS="quote">I spent 23,900 after sales tax and all the other bs. I put 7500 down and with a 6.8% my payments are only 330 a month on a 5 yr. Yours shouldn't be much worse.</TD></TR></TABLE>

wow thats really good, well am sure ill be paying a little more than cause Iam looking into a 04-06. I appreaciate all the input you guys have givin me. Feel free to add please

 

dont put any money down! keep the money in ur bank as a backup, i rather pay 100 dollars extra a month, and have 5k in the bank.

 

err wtf is a monthly payment.

 

exactly, i never put money down. you never know when that money will come in handy or whether you will sell the car in two months.

 

Well for people like me who keep the car for years, it's better to put money down and pay it off faster. I like to get rid of my payments, not drag them out longer than they need to go.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by SFDC4 &raquo;</TD></TR><TR><TD CLASS="quote">exactly, i never put money down. you never know when that money will come in handy or whether you will sell the car in two months.</TD></TR></TABLE>

wow ok, so now advice is not to put down money?..lol elaborate here...

 

 

when I had mine,with the intrest rate of 6% nd I got 17 thousand financed,I was paying 315.00 on a 5 year loan

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by ap1_driver &raquo;</TD></TR><TR><TD CLASS="quote">when I had mine,with the intrest rate of 6% nd I got 17 thousand financed,I was paying 315.00 on a 5 year loan</TD></TR></TABLE>

wow thats really cheep, Yea now Iam thinking about putting more down, so my payments are lower. Iam lookin at a 05 white on red, 20k milege, well taken care, clean title for 24K..not sure if thats a good price..

 

I will **** a chicken if you can get $6500 for a ratty ragged out 96 integra