What are your monthly payments on the G37 and your APR??

 

+1 ^^ and term would b nice

hey bx ballin wha prt of the bx r u from?

 

pelham pkwy area...you fron the bronx??

 

finance 32K in 72 mos. with 5.3 APR will be about $520/monthly.

60 mos. would be around $570/mo.
Just to give you an idea.

 

i financed 36K for 60 months at 4.9%

payments are 680/mo

 

38k for 60 months at about 5.9%.

$710 a month. Just made the secoind payment today. It hurts but it's worth it.

 

i'm saving my buns off so I can get something under $400/month. =(

 

ouch, you'll need in the neighborhood of 25K down depending on options, rates and such.

 

Fully financed, 72 months at $725/month my APR 5.0%.

 

options? down payment? what'd you pay? 52200 seems quite high

 

Fully financed equals no down payment. I left the dealer without putting a penny down. That is an awesome feeling!

6MT with all options except Active Steering Package, plus some extras (tint, clear bra). $52200 over 6 years is not that much. Considering the money I would have put down will net me at least 15% interest without the capital gains penalty.

I am big believer that if you can afford a car you can finance the whole amount. Besides, I am going to be making revenue from the down payment that is greater than the interest assumed on the life of the loan.

I know a handful of millionaires, who are seriously wet but still finance their cars because of the opportunity benefit of investing the down payment.

Besides a car should never ever be considered an investment but a liability.

I seriously doubt I will keep this car the whole loan term but the G37S is a great car for now.

 

I went to bankrate.com to check the math on that. That means, 72months/5.0%/$725 monthly payment puts you at a loan for about $45,000. That sounds about right, if you include sales tax, fees, etc. I myself was looking at doing a 41,000 loan for 72 mo, 5.29% rate for around $650-670 /mo.

I'm just not sure if I want to own the car or lease it. Its a great car, and 6 years down the road I could put a TT on it or something like that. I'm just wondering if in 3 years will a new car come out that I'm just dying to have, in that situation, selling the car on a loan or ending a lease, it'd be better to be on a lease.

 

^^^^
exactly, ... how long do people plan on keeping their cars these days?? I do know some more "conservative" people who don't care about what car they drive, and don't want a monthly payment, .... but this is my toy/hobby and what I spend At Least 2-3 hours a day in...... I want NICE. And I want NEW. (and i want it like that every 3 years at the most! LOL)

Hi, my name is Sean, .... and I'm a car *****...

 

^^^ See I can completely understand your sentiment there. I would love to have a new car every few years. Yet, at the same time, this new g coupe's interior I could see being very enjoyable for 6 years. I mean, its not like having the nicely styled interior is going to just go out of "Style".

On the other hand, the actual body of the car, although I do like it, is not as stand out as I'd like. It just doesn't have that, hey, I spent 40k on this car, look. For instance, a Porsche Cayman or Cayman S is about 55-65k, not a huge cry away from this car. While it does not have anything to match the amenities of the interior of the G37, its exterior is timeless. I love the strong sport/exotic look of the Cayman and I could see that car being a car worth keeping for 20+ years just to have a classic that would eventually start gaining value.

Choices...Choices

 

I appreciate you checking the math.

This is my third brand new car since Sept 2002. However, since 2002 my income has increased significantly plus my investments. With that being said, as time passes I am almost postive you will have the itch before the proposed 6 year mark. You are right about the G37 exterior but overall it is a noticeable improvement over my previous '04 G35 6MT coupe in all aspects.

However, the Gayman will never be considered a classic. I test drove the Gayman for ****s and giggles and was not impressed. I would rather spend $55K - $60K on a slightly used Carrera. My two cents, which in all reality is worth nothing.