How much would this camaro cost a month?
(2011-12-21 15:15:12) 1. Says: I want the 2012 camaro it is about $24,000 for the Lt 1(the cheapest one) I'm 16, and yes, I can afford it. (Parents are helping) But I was just wondering with insurance and how much (7 year plan) would it be a month? Thanks!P.s. I've researched this, no help. So just tell me :)2. Says: Kelsie Garner,
Due to the fact that your personal finance information (credit score, etc.) is required to search through participating banks for the best rates, only dealer finance departments will have access to the specific information needed to locate financing for you and calculate your monthly payment. I would also suggest that you visit the Ally web site and use the Monthly Payment Calculator to get an estimate on your monthly payments as well as apply for a loan. If you have any further questions please feel free to message me.
Thank you,
Stacy GM Customer Service3. Says: You don't mention an interest rate, so I'll assume 10%
At that rate, the repayments alone (assuming no final payment) will be nearly $400 per month.
But your biggest worry will be insurance. At 16 years old, no insurance company will touch you! Or if they did, they'd charge something like $50,000 a year. That's right - they'd assume you'd total the car TWICE every year.
You'll need your parents help with that one!4. Says: If you have to ask, To Much. Financing a car is like buying stock in a dying company, you are sure to loose your shorts in a real hurry. Really, a 7 year loan? At 16, you would be at best 23 before those payments go away. And forget ever having any equity in the vehicle.
It would be like mortgaging your future just for a quick kick. Once high school is over you will find out the real value of those dollars you owe for an old used car that still has payments remaining.
Save your money and only buy what you can pay cash for. You will thank yourself for a lifetime.5. Says: You need to go to a DEALER or a BANK and figure out the payments. You make no mention of down payment nor interest rate...so we can't help you.
Insurance, again....we're not insurance agents...you need to contact actual insurance companies to get quotes.
On a side note any parent that would encourage their 16yr old KID to go into $24K worth of debt needs to be stripped of their parental rights....just saying....6. Says: You are not the only person who have ever met this kind of problem,I met this type of problem before.I have good experience here autoinsurancefree.info to solve the problem Tag: How much would this camaro cost a month?