ok, here's how this works...

i want to know...

1. how much your xB was
2. how much cash you put down
3. if you had a trade-in, how much you got from it
4. age (me being 18 means high interest)
5. how much you're paying per month
6. how much you're paying for insurance

thanks in advance. i'm just looking for some actual figures as far as how much i should expect to pay. i've done the loan calculators and gotten insurance quotes and what not, and i'm pretty sure i wll be able to afford it, that's not a problem, i just wanna know how much i'm looking at.

BTW, i'm 18, 98 mustang trade-in (kelley blue book $3500 trade-in value) ordering a stripped 5-speed BOP 06 xB. (i plan on putting some small things on myself, but leaving it otherwise stock for a while)

 

1. $16,510 delivered
2. $12,000 up front
3. $500
4. 31
5. $156.00 (36 month signature loan) No lein on the car
6. $210 (two cars, per month $250 deductable)

Personal recommendation: For every $100 you buy your car for, you should be saving at least $1 each month and no less than $100. So a $15,000 car new you would need to save $150 each month. Drive the car for at least 150K miles before looking at purchasing new. The last car I bought right off the showroom floor, in cash. Also, see if you can find someone to purchase your 98 stang for the trade-in value as I can almost guarantee they will not offer that much. Don't let the dealership know you have anything to trade either... that gives them less room to play with your money. When they ask you if you are trading in your stang, tell them you are selling it to a friend for $4000 unless they can offer a similar amount to trade it in.

Same principal applies to a house if you ever buy one. Save about $100 each month into home repair fund and you will be ready for any disaster that may happen down the road.

 

yeah, i'm pretty tight with my money, i get paid every 2 weeks and i only allow myself $25 from each check to eat lunch on. if i wanna go out on the weekend, i make sandwiches.