South Florida Owners from South Florida

A question for anyone that knows.

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Old Dec 31, 2009 | 02:49 PM
  #1  
05s2kmia's Avatar
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Default A question for anyone that knows.

I sold my S and I'm looking to buy another one if god helps. I have 10k cash. Here is the question. If the car I want to buy costs 18k and I put 10k down how much will I be paying monthly? If anyone can help please let me know. I don't know how my credit is. I have credit cards which I been using and paying for two years and I just finish my two yr contract with t-mobile. I have never finance a car before. Thanks...Any questions just ask.
HAPPY NEW YEAR TO ALL YOU GUYS...
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Old Dec 31, 2009 | 03:06 PM
  #2  
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If you finance 8k for 48 months at about 7% it would be close to 200/month.

Without knowing your credit score/car year and how long you want to finance for makes it sort of difficult to give you a #.

If you have a job and even if you dont have a lot of credit history, as long as you dont have any bad credit you should be able to get the Penfed rate (4%).

If you pick up an '05-'06 I would try and finance for 3-4 years max.

J
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Old Dec 31, 2009 | 03:14 PM
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If you put down 10k and have a co-signer, it a done deal.
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Old Dec 31, 2009 | 04:27 PM
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To check your credit score go here and it will not hurt your score.

www.creditreport.com

Make sure to buy all 3 so that you know what it is reporting on them, and see your 3 credit scores too.


Chris
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