Wednesday, March 17, 2010

What is the cheapest monthly payment for a 08-09 sedan?

and what would the down payment be?
What is the cheapest monthly payment for a 08-09 sedan?
Well there is no "cheapest payment" cause you could put a down payment of $19,000 on a car thats worth $20,000 and your payment for 3 years would be like $30 a month.





if your asking what a GOOD down payment would be, than i'd say putting $5,000 down on a Honda Civic that you get for $17,000. Say you have excellent credit and the dealer gives you 3% interest, and your sales tax is 7.75%, well than with a 60 month payment plan your payments would be about $240 a month. Which isn't bad for a new car payment.
What is the cheapest monthly payment for a 08-09 sedan?
The more money you put down at first the cheaper the monthly payments are. Typically for every $1000 owing you pay $20/month. The cheaper the car = the cheaper payments.


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