your downpayment (lease, finance)
01-07-2003
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your downpayment (lease, finance)
How much did you all who leased or financed your 2k civic put downpayment?
im looking to put $3000 on a used 2k2 ex 5speed or around $5gs if i can wait
im looking to put $3000 on a used 2k2 ex 5speed or around $5gs if i can wait
01-07-2003
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Rep Power: 0 Sorry for asking a dumb question, but why? I would prefer a new car that you know whats happened to it to a used car that could have been driven *really* hard for all you know. Our civics aren't going to be fast, even the manuals. If you're saving up money for a new car, why don't you get something really fast? A new RSX? An older Civic Si or Prelude? Just my .02 cents....
01-07-2003
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Rep Power: 0 $3000 down on a new at the time 2k2 ex. no loan here own that mother! (well atleast after u py it off[IMG]i/expressions/face-icon-small-smile.gif[/IMG])
01-07-2003
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i bought mine in full before i was a car salesman and I realize it was a big mistake. you should really try to put down as much as you can. that amount will reflect on what your APR will be. Also, ask what your rate will be. Most, dealerships wont give you a straight answer unless Honda (for new cars) is having rates like so:
24mo= 1.9
36mo = 2.9
48mo = 3.9
60mo= 4.9
im using subaru numbers (subaru never offers this so hondas might be lower). but in your case, the car is used so the rate you will get will depend mostly on what you qualify for and what you can put down. so, how much you put down determines your payment amount here rather than in the new car situation. if you need more finance questions answered, feel free to ask. brad
24mo= 1.9
36mo = 2.9
48mo = 3.9
60mo= 4.9
im using subaru numbers (subaru never offers this so hondas might be lower). but in your case, the car is used so the rate you will get will depend mostly on what you qualify for and what you can put down. so, how much you put down determines your payment amount here rather than in the new car situation. if you need more finance questions answered, feel free to ask. brad
01-07-2003
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Rep Power: 0 When I bought my car, I put $5000 down, and I financed it for 60months with 7.8% (i think) APR. However, 11 months after I got the car, I paid a lump sum to finish the payments up so its all mine now.
01-07-2003
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Rep Power: 372 I put $6500 down and I pay $230.64 a month for 5 years....I got the car in June 2001 and I plan to pay it off before the loan is up.....Probably by end of year if all goes well
01-07-2003
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Rep Power: 0 I bought my 2k1 LX Sedan in June 2001
Downpayment: $1000
60 Month Finance at 8.9% - I'm getting screwed I think, I hsould probably look into re-financing that sh¡t to save a few bucks
Monthly payment: $325.99
I figure my last payment will come the same month my student loans will come due, so it should work out quite nicely. Unless I get some extra cash and can pay off the car sooner. Hey what's everyone else's interest rate & monthly payment anyways??
Downpayment: $1000
60 Month Finance at 8.9% - I'm getting screwed I think, I hsould probably look into re-financing that sh¡t to save a few bucks
Monthly payment: $325.99
I figure my last payment will come the same month my student loans will come due, so it should work out quite nicely. Unless I get some extra cash and can pay off the car sooner. Hey what's everyone else's interest rate & monthly payment anyways??
01-07-2003
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Rep Power: 0 $1000 cash down + $4000 for trade + (403 * 36) = 2001 EX Coupe
For the mathematically challenged that means with interest I am paying
$19,508 so i think I did allright.
For the mathematically challenged that means with interest I am paying
$19,508 so i think I did allright.
01-07-2003
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Rep Power: 0 I put 3000$ cdn down, btw mine is for sale too (2k2 si coupe spd, veloz edition, etc), although Im in canada, and it seems like you are in the usa.
01-09-2003
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+1800 to the price for breaking a lease contract as a trade in (2k1 EX Auto Coupe).
60 months
5.9% APR
360 per month for 2k2 Ex 5spd coupe plus OEM spoiler, floor mats, fog lights, and splash guards.
+1800 to the price for breaking a lease contract as a trade in (2k1 EX Auto Coupe).
60 months
5.9% APR
360 per month for 2k2 Ex 5spd coupe plus OEM spoiler, floor mats, fog lights, and splash guards.
01-10-2003
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Rep Power: 0 So to all you guys that paid in full how did you manage that? and if you had that kinda cash why a civic why not use it on something else. Just curious.
01-11-2003
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Rep Power: 0 I could have paid in full but I decided not too. Unlike most users on this forum I bought my car because of it's excellent gas mileage and resale value (as well as it's appearence). I figured into my budget that I'm going to always have a car payment, no matter what kind it is. Plus I'm very cheap when it comes to taking money out of my savings; I would like to buy a house.
01-11-2003
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[hr]Originally posted by: Drifter
So to all you guys that paid in full how did you manage that? and if you had that kinda cash why a civic why not use it on something else. Just curious.[hr]
[hr]Originally posted by: Drifter
So to all you guys that paid in full how did you manage that? and if you had that kinda cash why a civic why not use it on something else. Just curious.[hr]
01-11-2003
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Rep Power: 0 I have, but I am in canada. its 2k2, NHBP, 2dr Si-G (Ex) veloz edition (has all oem sides, front, rear, and spoiler) 3m tape, and more stuff. pm me if interested
01-12-2003
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[hr]Sorry for asking a dumb question, but why? I would prefer a new car that you know whats happened to it to a used car that could have been driven *really* hard for all you know. Our civics aren't going to be fast, even the manuals. If you're saving up money for a new car, why don't you get something really fast? A new RSX? An older Civic Si or Prelude? Just my .02 cents....[hr]
[hr]Sorry for asking a dumb question, but why? I would prefer a new car that you know whats happened to it to a used car that could have been driven *really* hard for all you know. Our civics aren't going to be fast, even the manuals. If you're saving up money for a new car, why don't you get something really fast? A new RSX? An older Civic Si or Prelude? Just my .02 cents....[hr]
AHHHHHHHHHHHHHhhhhhhh not everyone can afford a new car! and plus buying a new car is a total waste of money, as soon as you drive that **** of the lot you loose like 4 grand, why not buy a car with like 10k miles on it and save yourself some serious money...
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