Payments on STI's?
#1
Payments on STI's?
I am looking to buy an STI ('05 or '06) and want payment between 300-400 with 16,000 down. Subaru.com thinks I should be paying 371/month but I'm afraid taxes will raise that by $50-75/month. What are you paying for your STI and what did you put down?
#2
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http://autos.yahoo.com/finance/loan-calc/
Here is a pretty good calculator.
It might be difficult to get 300 even but 350 or so will be easy. (60 months)
Here is a pretty good calculator.
It might be difficult to get 300 even but 350 or so will be easy. (60 months)
#3
That's a lot of money to put down. I'd say put 10K and the rest would be on mods. With that much, you will be in the 11's with a GT30R turbo kit.
Well... that's what I would do. But, you have pretty good chance in getting into mid $300 - $400's monthly with that much down. Also, your credit plays a big role. Good luck!
Well... that's what I would do. But, you have pretty good chance in getting into mid $300 - $400's monthly with that much down. Also, your credit plays a big role. Good luck!
#4
Originally Posted by sstroot
I am looking to buy an STI ('05 or '06) and want payment between 300-400 with 16,000 down. Subaru.com thinks I should be paying 371/month but I'm afraid taxes will raise that by $50-75/month. What are you paying for your STI and what did you put down?
05' STI's value at about $33,020.00 according to my bank. So if you put $16,000 down, you'd have a loan balance of $17,200. With an interest rate anywhere between 2.0-14.0% you'd still get a monthly payment someplace in between $300-400. So you should be good with that kind of down payment.
Usually for ever $1,000 you add to the loan amount, you also are adding about $30-40 to the payment amount.
#5
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Originally Posted by EricDaRed81
http://autos.yahoo.com/finance/loan-calc/
Here is a pretty good calculator.
It might be difficult to get 300 even but 350 or so will be easy. (60 months)
Here is a pretty good calculator.
It might be difficult to get 300 even but 350 or so will be easy. (60 months)
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