Big Monthly Payment for you '05?
10/4/04, 08:57 AM
#22
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I'm gonna try and be creative with the loan since I have a condo with some equity in it.
I have a few credit cards that offer 0% apr for a year or so on cash advances...I was gonna take out a few of those (one trusting credit card upped my line to 15k!!) and put the rest on a home equity line of credit.
Overall the amount I "have" to pay will be low (maybe $250 on 25k of debt), the interest will be initially low (Only the non tax deductable portion on the HELOC), and I decide with my payment size how quickly I want to pay down the loan...
Plus I get to hold my title
The only annoyance is that I have to bounce around the debt on the credit cards to keep it at 0% apr...
ps-Twilightblu92, keep the pgt for the winter...I have a 94...I slap a set of blizzaks on her and she's awesome in the snow!
I have a few credit cards that offer 0% apr for a year or so on cash advances...I was gonna take out a few of those (one trusting credit card upped my line to 15k!!) and put the rest on a home equity line of credit.
Overall the amount I "have" to pay will be low (maybe $250 on 25k of debt), the interest will be initially low (Only the non tax deductable portion on the HELOC), and I decide with my payment size how quickly I want to pay down the loan...
Plus I get to hold my title
The only annoyance is that I have to bounce around the debt on the credit cards to keep it at 0% apr...
ps-Twilightblu92, keep the pgt for the winter...I have a 94...I slap a set of blizzaks on her and she's awesome in the snow!
10/4/04, 09:37 AM
#24
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Originally posted by HairyCanary+October 4, 2004, 10:05 AM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (HairyCanary @ October 4, 2004, 10:05 AM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-Nichole@October 4, 2004, 6:01 AM
48 months @ 4.25% = 317.00 monthly
48 months @ 4.25% = 317.00 monthly
$14K cash down...I'm not planning on trading my current car in.
10/4/04, 10:13 AM
#25
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This is why I am going to wait and pay off my Focus then look into either a new 07 GT or keep my Focus for the winter and get a used 05 or 06. I figure someone will be wanting to sell their Gt for a cobra, Mach 1 model that will be coming out later. This way it will be cheaper to get the Gt being preowned.
10/4/04, 10:32 AM
#26
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I feel your pain. I am going to have to be really patient and wait for the deals to come through (won't be as easy when I see some of those '05s on the street. I want a vert anyway and they will not be out until the Spring. Haven't decided yet between the V6 or the GT. A GT vert may be to much for this public servant to pocket. I have a 2002 V6 vert now and it gets along nicely.
10/4/04, 12:04 PM
#27
Originally posted by paulcrae@October 4, 2004, 11:35 AM
I feel your pain. I am going to have to be really patient and wait for the deals to come through (won't be as easy when I see some of those '05s on the street. I want a vert anyway and they will not be out until the Spring. Haven't decided yet between the V6 or the GT. A GT vert may be to much for this public servant to pocket. I have a 2002 V6 vert now and it gets along nicely.
I feel your pain. I am going to have to be really patient and wait for the deals to come through (won't be as easy when I see some of those '05s on the street. I want a vert anyway and they will not be out until the Spring. Haven't decided yet between the V6 or the GT. A GT vert may be to much for this public servant to pocket. I have a 2002 V6 vert now and it gets along nicely.
10/4/04, 01:34 PM
#30
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Im paying 25901 for a fully loaded 2005 Mustang GT on D plan.
I have 2000 for a down payment and an am getting an additional 1400 net for my tradein.
Total downpayment with tradein is 3400$
I'll be paying about 466$, 4.3% for 60 months. Im currently paying 427$, 7.9% for 60($5600 payoff) on my 2001 V6.
I have 2000 for a down payment and an am getting an additional 1400 net for my tradein.
Total downpayment with tradein is 3400$
I'll be paying about 466$, 4.3% for 60 months. Im currently paying 427$, 7.9% for 60($5600 payoff) on my 2001 V6.
10/4/04, 01:48 PM
#32
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Originally posted by ace0215@October 4, 2004, 1:43 PM
klous...how much tax etc will you be paying...cause unless my math is wrong you should be more in the $445 range
klous...how much tax etc will you be paying...cause unless my math is wrong you should be more in the $445 range
The 466$ was calculated when I thought I was getting only 600$ net for my tradein, I haven't recalulated, with 1400$ net for my tradein. Since I have all my budgeting planned for 466$-488$ if its lower then all the better.
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