What range are these payments in?

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Old Feb 21, 2005 | 06:03 PM
  #1  
SeCsTaC's Avatar
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From: Los Angeles, California
What range are these payments in?

2000 dollars down payment

300 dollar monthly payment

for either 36 or 48 months

the math only adds up to 16,000 =( but i see commericals on TV of accords and such that are like 220 and they are worth around 20k. Would this be enough to get a decent used car? I dont know how buying used car works, so im just asking.
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Old Feb 21, 2005 | 06:05 PM
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in finance class, we learned you're missing one more value

"i" or the intrest rate...

i see your trying to get the 'future value' or is it 'present value'

someone help out here...bean counters...step up please...
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Old Feb 21, 2005 | 06:29 PM
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Also, are you talking about a lease or to buy... Different payments on those...

I like the payment calculators at http://www.bankrate.com

Rough rule of thumb: 15K @ 5% for 5 years is a little over $300 per month.
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Old Feb 21, 2005 | 06:34 PM
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6SPD's Avatar
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Here's a pretty good link for ya chief:

http://www.acura.com/eacura/eacura_f...calculator.asp
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Old Feb 21, 2005 | 06:39 PM
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SeCsTaC's Avatar
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thx a lot for those guys. researching now
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Old Feb 21, 2005 | 06:40 PM
  #6  
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From: Los Angeles, California
Monthly Payments: $300.00
Term: 48 Months
Down Payment: $2,000.00

You can afford $14,392.00 when financing
an Acura Certified Pre-Owned vehicle

damn it i needa start saving more pennis
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Old Feb 21, 2005 | 06:45 PM
  #7  
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Originally Posted by SeCsTaC
Monthly Payments: $300.00
Term: 48 Months
Down Payment: $2,000.00

You can afford $14,392.00 when financing
an Acura Certified Pre-Owned vehicle

damn it i needa start saving more pennis


?



ummm

you go girl
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Old Feb 21, 2005 | 06:45 PM
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carmax.com has a finance calculator. Thats what i use.
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Old Feb 21, 2005 | 06:49 PM
  #9  
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From: Los Angeles, California
i meant pennys
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Old Feb 22, 2005 | 07:17 AM
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Originally Posted by Crazy Sellout
carmax.com has a finance calculator. Thats what i use.
easy as hell
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