I put exactly 0 down

Nothing less

 

If you really don't want the xa, don't settle for it. Wait a little while and save up to put a big chunk down for an xb.

 

I still maintain, see if you can't get a loan through someone else. There's people that'll give you a complete loan out there. Get it from someone else and then just go in there with cash.

 

I would agree on several points....

Try and ge a loan somewhere else.

Dont buy the xA and expect to get a butt load of money back in a year or 2 and make out squeky clean, then buy a xB when you have a little more cash. I know from personal experience, i purchased a Hyundai Accent 2 1/2 yrs ago cause i needed a ride to work. Shortly after 9/11 i stopped driving truck and got another job with a company car, so my Accent sat for the better part of a year. Come to find out, when i wanted to trade it in on my RS1xB, the dealer would only offer me $1,100, but i still owed $5,500! That would have meant a $4,400 carry over to the new loan on the xB. i was looking at payment of over $350 a month, for 72 months! Short math, i would have been paying 24K for a 15K car! Save your money, do a little more homework, work a side job under the table making pizzas, what ever, just dont go buy a car and not getting what you really want, YOU WILL GET SCREWED IN THE END ( no pun intended).

BTW, i was lucky enough to find a private buyer for the Accent, and sold it just enough to cover the loan, i broke even. Now i can get the RS1xB, get the parts to hook it up, and have a payment of about $285 a month, for 5 years, not 6

 

my credit isn't that great either...and i went home with my xB with no money down ..financed through Toyot Finance. can't complain... but on the other hand, i already had my 2002 4runner financed already through Toyota as well...so maybe that helped.

 

$5000 down, monthlies are $338 for 36 months for me, i have excellent credit (~780 fico score) dunno why i couldn't any better than %4

 

780 FICO score, now thats decent. I just found out that i dont have to put any monies down, and i will qualify for 4.1%, that just made my day. Just yesterday, one part of Scion Financial stated that in order to qualify for tier 1, you needed to apply 10% down with purchase, now i dont have to come up with $1,700, very, very nice.

Here is the site, hope it helps make someones day, as it did mine.

http://www.scionsolutions.com/posses...retail_buy.jsp

 

Thanks for all your replies and experiences. Just found out that the money I was going to borrow from my dad just to get the half of the down payment has been spent. Sucks dont it? Oh well guess im going to save up on my own about $3000 for the original xb i wanted. It ____ed me off that i was depending on him and he didnt come through but im taking it as a sign guess god just wants me to do it on my own.

 

That sux dude, but keep you chin up, and bust your ___ to get some green. If its not the xB, it will be something else, and that too will put a :D on your face.

 

$4000 down, $247 per month, 60 months...

 

it definatly helps buying another toyota if you have one. when i got my matrix i was available for 4% at 60 months and wouldn't had to put anything down. i went for 72 months just because i plan on moving out and would need the extra cash.

 

that's a really mature way to look at the situation, I know it feels crappy but you'll be one proud s.o.b when you do it yourself. I would recommend in the meantime to try and apply for a student credit card or get a walmart card or something to start building your credit- try and keep a minimum balance of $500 in your bank, and save, save, save. The more money you save before going the better off you'll be even if you don't use all of it towards a down payment. I ended up paying almost a 25% interest rate on my first loan because I hadn't established credit anywhere else and thats nowhere you wanna be when talking about a $15k+ loan.

 

12.25% with 2000.00 down financed for 16,500+.00 payments will be 375.00 a month for 60months my fico score was below 500. and that is with 3000.00 of rollover for my trade-in

 

I put $8,000 down for $157 p/mth 60 months @6.75%

Transferring $1,900 to my Bank of America credit card 0% until Feb. 2005 and $5,000 to my Discover card which is 0% for the life of the loan.

I'll owe about $1,200 after that. Title will be in my hand within 3 months and the credit cards will be paid off early next year. The one that expires in Feb. will be paid before it goes to 7.9%

 

$3000 down, payments $237 a month, paying around $300 a month just to get out from under it ASAP