Notices
GT S197 General Discussion This section is for technical discussions pertaining specifically to the V8 variation of the 2005 and newer Ford Mustang.

Whats your monthly Payment?

Thread Tools
 
Search this Thread
 
Old 02-15-2011, 07:39 AM
  #11  
jbt56
 
jbt56's Avatar
 
Join Date: Jan 2011
Location: CA
Posts: 17
Default

Zero here, as well. It was a stretch, but I paid cash for the '11 base GT.
jbt56 is offline  
Old 02-15-2011, 07:57 AM
  #12  
Franchi
4th Gear Member
 
Franchi's Avatar
 
Join Date: Jul 2010
Location: Ohio
Posts: 1,498
Default

Zero now.

Paid the 06 GT off in 1.5 years. I'd rather actually own the car before I start heavily modding it.
Franchi is offline  
Old 02-15-2011, 08:07 AM
  #13  
PNYXPRESS
5th Gear Member
 
PNYXPRESS's Avatar
 
Join Date: Mar 2008
Location: Clermont, FL
Posts: 2,952
Default

1991-zero
2000-zero
2008-364
PNYXPRESS is offline  
Old 02-15-2011, 04:17 PM
  #14  
HBOMB44
 
HBOMB44's Avatar
 
Join Date: Oct 2010
Location: alberta
Posts: 42
Default

My monthly payment is $816. This is a 60 month term @ 5.9% with zero down. I put an extra 1000 or so a month on it though so it'll be paid off in no time. My credit was terrible but they couldn't say no to my income
HBOMB44 is offline  
Old 02-15-2011, 04:28 PM
  #15  
alkemist
5th Gear Member
 
alkemist's Avatar
 
Join Date: Oct 2009
Location: Pineapple under the Sea
Posts: 3,115
Default

It's called a payment calculator.

Joe's payment is going to be different from Bob's. It all depends on how much money you have, can afford and what financing you can get.
alkemist is offline  
Old 02-15-2011, 04:33 PM
  #16  
ShaneM
5th Gear Member
 
ShaneM's Avatar
 
Join Date: Jun 2009
Location: Texas
Posts: 2,397
Default

i don't pay that much for the car, but with what i spend each month on mods i could have went with the 11 gt500.. then i would feel bad about modding it though.
ShaneM is offline  
Old 02-15-2011, 04:57 PM
  #17  
Snakebite64
4th Gear Member
 
Snakebite64's Avatar
 
Join Date: Feb 2010
Location: dark side of the moon
Posts: 1,532
Default

after 25 months the payment on the 2009 GT500 is 0.00. When I had payments they were in the neighbourhood of 519.00 @ 6.0% over 5 years but the misses went in last week and gave the bank (well actually transferred) 20,000.00 to pay Snakebite64 off. The 2005 GT was paid off exactly 5 months to the day we purchased it (Apr 13th-Sept 13th 2005) I am not sure how guys do it but the thought of a 800.00 payment for 5/6 years would drive me around the bend. I have an aquaintance who has a 06GT vert with that type of payment and he is forever saying he is broke, I guess so.

My personal plan regarding the purchase of a new vehicle (18 new vehicles in 20 years of marriage) is a minimum of 1/3 down and pay the rest off asap. Even when 0.0% is in play I hate payments so it's pay it off quick quick quick. When a vehicle is paid off the only one that can take your car is a thief. The other problem with people putting down the minimum or nothing is you are upside down right off the bat which is twice the hit as the car depreciates the second it leaves the lot.

Anywho happy motoring folks.
Snakebite64 is offline  
Old 02-15-2011, 05:12 PM
  #18  
Mishri
Mish-ogynist
 
Mishri's Avatar
 
Join Date: Nov 2007
Location: Helena, MT
Posts: 3,780
Default

well.. my 07 is 470 /month, and im trying to sell it. If i get enough for it my payments should be in the neighborhood of 420/month on the new 2012. the sad thing is, instead of having it paid off at the end of 2012 i'll be looking at another 5 years.. just seems so far now, but i wouldn't pay it off early.

to you people who say pay cash for it, that is poor financial advise if you can make an investment that is greater than the finance cost of the vehicle, for example, right now there is 1.9% financing available. my average annual return on my stock investments thus far has been 400%..(i'm into tech stocks, AMD @2 sold for $10 and OCZ at $2 im holding till $9, it's at 8 right now, currently looking for another cheap tech stock) it makes a lot more sense for me to invest my money than to spend it on a car. or there are plenty of no/little risk investments that are greater than 1.9%. Even if i could pay off my house right now I wouldn't do it, my interest rate is way too low.

HBOMB44's payments dont really make sense unless he over paid for the car or it's that crazy canadian money(which shouldn't be that far off from the USD right now), or he is incluidng his insurance or some other crazy canadian thing.

Last edited by Mishri; 02-15-2011 at 05:21 PM.
Mishri is offline  
Old 02-15-2011, 05:14 PM
  #19  
MrSandman
5th Gear Member
 
MrSandman's Avatar
 
Join Date: Oct 2006
Location: MO
Posts: 3,234
Default

2011 GT. $335/month around 5% interest (+/- .5%). Got $16,500 for trade on my paid-off 2007 4.0 (yes, they made a mistake.. thought it was a GT when they put it all on paper).
MrSandman is offline  
Old 02-15-2011, 05:44 PM
  #20  
allinon72
2nd Gear Member
 
allinon72's Avatar
 
Join Date: Jun 2010
Location: IN
Posts: 483
Default

Just under $250
allinon72 is offline  


Quick Reply: Whats your monthly Payment?



All times are GMT -5. The time now is 09:31 PM.