I just paid of a 2007 Mustang GT last year and my payments were $495 a month. I want a new one but I am just not ready to take that financial plunge yet.
So does no one have a problem with it being a Chevy Silverado for $630/mth? Yeah I know it's fully loaded but damn. It doesn't sound right. For $630/mth wouldn't one expect to be paying that for a lower end luxury car? Am I wrong?
Oh yeah, I see you Rezdawg and BigTexxx with your car notes. Damn this disguised "How rich are you/How much are you ballin" thread lol. Y'all can go kick rocks with your crazy car note numbers. :grin:
Go find a 2-3 year old low mileage Silverado with the same bells and whistles, buy an extended warranty, save 200 bucks a month easy. Find a small town dealer that has rich oil field people trading in baller trucks every couple of years to get the newest toys. I bought a 2009 F150 this summer. 2011 crew cab Silverados were running around 24 to 26K. I liked the Ford better, saved a few grand in the process. Let someone else pay the depreciation on all those options, bro.
The best time to buy a car is at the end of the summer or the end of the year. Their are always specials at the end of the summer because the next year models come out in September and the end of the year so the dealership doesn't have to pay taxes on their unsold inventory.
630 does seem kind of high. Obviously there are some high interest rates in here. Younger crowd, and that is to be expected.
My car has been paid off for about 3 years. 2005 Altima bought it used in 2008. I've been saving up some cash for a nice down payment on either a new 370z or the new 2015 Mustang but I really don't want a car note even though my current car feels like its about to give out any day now. I would much rather keep saving for a house.
Had no idea what a car note was, but mine's a Nissan GTR and $0 owing as I paid fully in cash. I never like to borrow money.