What's up, newbie to S2000's and 2 the site, I had a 2001 Trans Am WS6 I got rid of it so now i'm lookin at an S2000. My question is how much are you guys paying for your car a month New or Used?(just to get an idea b4 I start looking to purchase this car) My payment for the WS6 was $525 a month....

 

If you want to buy with nothing down you are looking at high 5's to $600, if you want to lease, you will be around 400 over 36 months and mid-three's over 48 months again with nothing down.

For every $1000 you put down on the buy (if financed over 60 months) your payment will decrease about $20.00

You can but a new '05 for $30,995 from the dealers on this site, so my guess is that if you are not putting anything down you will roughly be $50 higher than before.

 

Try this page: http://www.vermonthomesandtowns.com/debtcalc.htm

Allows you to compare monthly payments side by side for different terms, interest rates, etc.

 

uh... try common sense?? total price of car x tax/fees x interest divide by 48 or 60 months, whatever you decided... BLAM! your answer

 

413 a month

 

$20,000 down
$267/month w/ extended warranty

 

http://youngmoney.com/calculators/auto_buy...source=overture

You can get a decent used one for as cheap as $15,000 and a brand spanking new one fully loaded for up to $38,000. Here's a calculator, have at it!

 

No, this isn't your answer. The formula is not that simple and it's not exactly common sense. (It's not that simple because your interest is calculated on the amount you owe, and the amount you owe changes every month.) You can see the real formula for calculating a monthly payment with simple interest on this page: http://www.1728.com/loanform.htm

(or simply use one of the websites listed above)

BLAM!

 

the interest payment changes every month because you are paying the main loan down each month but the total monthly payment stays the same

blam blam!

 

Best loan calculator I've used. It lets you select the car (or manually enter the value) includes trade-in (and what you owe, if applicable) and includes the selectable state tax and fees based on zip code. It really makes calculating values a simple click.

http://www.edmunds.com/apps/calc/CalculatorController