I WANT A 05 MUSTANG
Mach 1 Member
Joined: October 30, 2011
Posts: 858
Likes: 0
From: Spokane, WA
I work at a used car dealership, and the only honest answer I can give you to that question is: It depends.
On a lot of things. Mostly how's your credit? Any idea of your credit score? Better credit means you'll get a better rate, and also have longer term loans available. Both of those mean a smaller payment every month.
To get some decent baseline numbers to go into negotiations with, I recommend using the various fiance calculators on Edmunds:
http://www.edmunds.com/calculators/
Those will help you figure out what you can afford and how much you should expect to pay for the car. Be prepared to accept that a lot of credit unions and banks won't want to go very long terms on a car that is 6 years old, especially if it's got 50 or 60+ miles on it.
Good luck and let me know if I can help more..
On a lot of things. Mostly how's your credit? Any idea of your credit score? Better credit means you'll get a better rate, and also have longer term loans available. Both of those mean a smaller payment every month.
To get some decent baseline numbers to go into negotiations with, I recommend using the various fiance calculators on Edmunds:
http://www.edmunds.com/calculators/
Those will help you figure out what you can afford and how much you should expect to pay for the car. Be prepared to accept that a lot of credit unions and banks won't want to go very long terms on a car that is 6 years old, especially if it's got 50 or 60+ miles on it.
Good luck and let me know if I can help more..
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