View Full Version : Monthly payment question
Gizmo
02-27-2003, 08:15 PM
Hey guys, Im new to this forum and I am interested in financing an H2, but I would like to know how much down and how much do you guys pay monthly for how long if you don't mind sharing. Im from the NYC area and am I able to purchase an H2 from a Chevy or Caddy dealership perhaps?
Gizmo
02-27-2003, 08:15 PM
Hey guys, Im new to this forum and I am interested in financing an H2, but I would like to know how much down and how much do you guys pay monthly for how long if you don't mind sharing. Im from the NYC area and am I able to purchase an H2 from a Chevy or Caddy dealership perhaps?
Mike97ZJ
02-27-2003, 08:40 PM
If you go to your bank's website, they should have a loan payment calculator. Just punch in the figures, and it will give you the payment or whatever else you are looking for.
If your bank doesn't have this on thier site, www.compassbank.com (http://www.compassbank.com) has a good one. Check under the consumer lending section, and there is a calculator there.
Obviously the more you put down, whether it be cash or trade in, the less the monthly will be.
Don't forget about sales and excise tax though, on a 50k vehicle, those aren't going to be cheap.
jgrasseschi
02-27-2003, 10:03 PM
i just put 10% down and financed the balance at 4.75 for 60 months
1055/mos,,,,,nice tax write off
businesses can depreciate heavily becaues it is considered heavy machinery
Zooyorker
02-28-2003, 04:37 PM
<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>Originally posted by jgrasseschi:
i just put 10% down and financed the balance at 4.75 for 60 months
1055/mos,,,,,nice tax write off
businesses can depreciate heavily becaues it is considered heavy machinery<HR></BLOCKQUOTE>
Im interested in what bank you used?
Teacher...Future H2 SUT Owner...Living Life MY WAY!!
I'm interested in which bank you used as well.
Zooyorker - if you go to www.bankrate.com (http://www.bankrate.com) you can see some good rates. I used their site to get a really good home refinance rate.
- Dan
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SUT on order - 17 months to go!
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Peyton77
02-28-2003, 07:36 PM
Bank Rate is the Best, I get all my customers from them. If you are looking for the Best CD Rates or Money Markets, check them out. You should see Giantbank.com in the top 3 for the 1 year CD, 6 month CD, and Money Market.
You can also look up Auto Loans, People First, E Loan, and Capital One have the best programs.
Peyton
WWW.LANDMARKBANKONLINE.COM (http://WWW.LANDMARKBANKONLINE.COM)
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