Comments on: How much money should I have saved up before buying a new car? http://www.mainspot.net/how-much-money-should-i-have-saved-up-before-buying-a-new-car/ Automotive Resource and Car Care Sat, 16 Oct 2010 15:54:43 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: mccoyblues http://www.mainspot.net/how-much-money-should-i-have-saved-up-before-buying-a-new-car/comment-page-1/#comment-2272 mccoyblues Wed, 13 May 2009 00:35:26 +0000 http://www.mainspot.net/?p=1052#comment-2272 Enough to pay for whatever car you pick. Enough to pay for whatever car you pick.

]]> By: nevergonnaletyoudown http://www.mainspot.net/how-much-money-should-i-have-saved-up-before-buying-a-new-car/comment-page-1/#comment-2271 nevergonnaletyoudown Tue, 12 May 2009 01:59:50 +0000 http://www.mainspot.net/?p=1052#comment-2271 I would recommend at least a 20% down payment on whatever price you've negotiated. This should prevent you from being upside down at any point in the loan (which is very important, because your insurance will only cover the value of the car, NOT the value of your loan, unless you have gap insurance). Anything beyond that is up to you. But don't completely empty your bank account for a down payment, it's important to keep an emergency fund in the bank for any unexpected expenses, and to cover your monthly payments in case you find yourself short on cash. I would recommend at least a 20% down payment on whatever price you’ve negotiated. This should prevent you from being upside down at any point in the loan (which is very important, because your insurance will only cover the value of the car, NOT the value of your loan, unless you have gap insurance). Anything beyond that is up to you. But don’t completely empty your bank account for a down payment, it’s important to keep an emergency fund in the bank for any unexpected expenses, and to cover your monthly payments in case you find yourself short on cash.

]]> By: Ron F http://www.mainspot.net/how-much-money-should-i-have-saved-up-before-buying-a-new-car/comment-page-1/#comment-2270 Ron F Mon, 11 May 2009 19:32:08 +0000 http://www.mainspot.net/?p=1052#comment-2270 cheapest car I know of is around $9999.99 Kia runs specials that I see advertised so keep saving unless you want payments cheapest car I know of is around $9999.99 Kia runs specials that I see advertised so keep saving unless you want payments

]]> By: Nancy http://www.mainspot.net/how-much-money-should-i-have-saved-up-before-buying-a-new-car/comment-page-1/#comment-2269 Nancy Mon, 11 May 2009 18:09:14 +0000 http://www.mainspot.net/?p=1052#comment-2269 Expect to pay at least $12,000 for a good new small car. That does not include the taxes, title, and insurance. Do some good research with the dealers in your area for a car you like at a price you can afford. Shop around, then go from there. I paid $10,012 total payments for my Ford Aspire in August 1996 bought new with Ford, but it was a demo and had no air nor stereo in it. I had those installed later. The price included my first car being traded in which had died two months before. Expect to pay at least $12,000 for a good new small car. That does not include the taxes, title, and insurance.

Do some good research with the dealers in your area for a car you like at a price you can afford. Shop around, then go from there.

I paid $10,012 total payments for my Ford Aspire in August 1996 bought new with Ford, but it was a demo and had no air nor stereo in it. I had those installed later. The price included my first car being traded in which had died two months before.

]]> By: chevy_man_rob http://www.mainspot.net/how-much-money-should-i-have-saved-up-before-buying-a-new-car/comment-page-1/#comment-2268 chevy_man_rob Sun, 10 May 2009 07:03:43 +0000 http://www.mainspot.net/?p=1052#comment-2268 depends on where you want the payments and the APR and other factors. w/o sounding stupid obviously the more the better. haggle the price w/o a down then pop the down on them...best deal then. depends on where you want the payments and the APR and other factors. w/o sounding stupid obviously the more the better.
haggle the price w/o a down then pop the down on them…best deal then.

]]> By: dodger805 http://www.mainspot.net/how-much-money-should-i-have-saved-up-before-buying-a-new-car/comment-page-1/#comment-2267 dodger805 Thu, 07 May 2009 16:39:21 +0000 http://www.mainspot.net/?p=1052#comment-2267 5k is a good down payment. it all depend how much you want to pay monthly? also how muchis your car going to be? also good to consider is insurance! check before you purchase. 5k is a good down payment. it all depend how much you want to pay monthly? also how muchis your car going to be? also good to consider is insurance! check before you purchase.

]]> By: WJ http://www.mainspot.net/how-much-money-should-i-have-saved-up-before-buying-a-new-car/comment-page-1/#comment-2266 WJ Tue, 05 May 2009 19:20:41 +0000 http://www.mainspot.net/?p=1052#comment-2266 I usually like to put at least $5000 down on a new car. It helps keep the payments reasonable. The last new car I bought however I put $8000 down and then took advantage of the dealer offered incentives so that helped as well. I usually like to put at least $5000 down on a new car. It helps keep the payments reasonable. The last new car I bought however I put $8000 down and then took advantage of the dealer offered incentives so that helped as well.

]]> By: O><|: skater http://www.mainspot.net/how-much-money-should-i-have-saved-up-before-buying-a-new-car/comment-page-1/#comment-2265 O><|: skater Tue, 05 May 2009 11:19:02 +0000 http://www.mainspot.net/?p=1052#comment-2265 i have a 83,000 dollar mercedes. i have a 83,000 dollar mercedes.

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