What would be a good down payment price on a Honda Civic SI 2008 ?
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What would be an appropriate down payment amount for a Honda Civic SI 2008 (with an average amount of miles on it) , and what would be a good price for monthly payments ? Thanks ! (:
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Answer:
Used? Purchase price. Finance rates on used vehicles are horrendous...often times you're better off just financing a new vehicle because the rate is lower (if there's a promotion). How much money do you have left every month after everything? Your monthly target should be 50% of the moolah you have left after you pay all your bills. You don't then take the remainder and get your nails done and go to the female version of a strip club, you put it in the bank for maintenance, repairs, and future payments. For a new Si with something like a 4k down payment it would end up being around 350-400 a month with average financing terms. You probably would want to get it lower.
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