Financing a 2018 Mustang EcoBoost
Thread Starter
Joined: Jun 2018
Posts: 2
From: Texas
Financing a 2018 Mustang EcoBoost
Hi my name is Eddie and I am strongly considering buying a EcoBoost Mustang but I was wondering if anyone knows how much an average car payment would be if I were to finance it
Banned
Joined: Jan 2018
Posts: 2,327
From: Pennsylvania
Dude... Go to the dealer and see. We have no idea what your credit score is
to even begin to determine that, or if you have any down payment; trade or cash;
what your age is and work status is. ALL which is taken into consideration for
a car loan. There is no way anyone here can Amortize a loan for you, not knowing
anything about you, or the car, NEW or with some miles on it.
If you're a kid, with no credit, or 18+ with a credit score < 620, you won't be getting
one in your name anyway. My kid's 30 years old, and I had to put it all in my name,
and he has a 620 score. $308.00 a month on a brand new 2018 Honda Civic, so you
can IMAGINE what you're gonna pay for a 300+ HP 2018 Mustang that's $7000 more,
plus the insurance on a sport coupe.
So, it will be much easier go down to the dealer, let them do the work, and they will tell
you EXACTLY what you're gonna pay.
to even begin to determine that, or if you have any down payment; trade or cash;
what your age is and work status is. ALL which is taken into consideration for
a car loan. There is no way anyone here can Amortize a loan for you, not knowing
anything about you, or the car, NEW or with some miles on it.
If you're a kid, with no credit, or 18+ with a credit score < 620, you won't be getting
one in your name anyway. My kid's 30 years old, and I had to put it all in my name,
and he has a 620 score. $308.00 a month on a brand new 2018 Honda Civic, so you
can IMAGINE what you're gonna pay for a 300+ HP 2018 Mustang that's $7000 more,
plus the insurance on a sport coupe.
So, it will be much easier go down to the dealer, let them do the work, and they will tell
you EXACTLY what you're gonna pay.
Super Moderator
Joined: May 2006
Posts: 8,883
From: Michigan again!
As MustangDude said, too many factors for someone here to tell you that.
Credit score, amount of down payment, price you negotiate for the car, length of the note in months.
Go to a credit union and see if you can get approved there. Quite often they have better rates for members. And you will know what they are willing to finance before you walk in the door of the dealer.
Credit score, amount of down payment, price you negotiate for the car, length of the note in months.
Go to a credit union and see if you can get approved there. Quite often they have better rates for members. And you will know what they are willing to finance before you walk in the door of the dealer.
Gentleman's Relish
Joined: Feb 2005
Posts: 13,189
From: AZ
If you want to simply play with numbers this is the place to go.
https://www.bankrate.com/calculators...alculator.aspx
You can also find the going loan rates to plug in some real numbers. Credit score as mentioned is big player for loan rate.
You should look at the bigger picture as in total cost of ownership which includes registration after year one and insurance in addition to the cost of the car. One many people don't think about until they are stretch on the car loan only to find they also need to cough up more for insurance.
https://www.bankrate.com/calculators...alculator.aspx
You can also find the going loan rates to plug in some real numbers. Credit score as mentioned is big player for loan rate.
You should look at the bigger picture as in total cost of ownership which includes registration after year one and insurance in addition to the cost of the car. One many people don't think about until they are stretch on the car loan only to find they also need to cough up more for insurance.
Thread
Thread Starter
Forum
Replies
Last Post
gxszone
V6 (1994-2004) Mustangs
27
Oct 12, 2006 12:23 PM
persistantthug
2005-2014 Mustangs
25
Jun 13, 2006 03:48 AM