How Much Do You Pay a Month?
- Thread starter Boss327
- Start date
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TheJoker
FRF Addict
I'm not trying to bash but, I hate questions like this. There are too many variables. Monthly payments only apply when you finance and change based on the amount you finance and your interest rate.
The only reason I have a monthly payment is because interest rates are the lowest they have ever been. It makes more sense to invest the money and allow it to grow.
As far as insurance, I pay for that when the bill comes in once a year so there is not a monthly expense and no service fees etc. Insurance cost also are dependant on age, credit ratings (?), and driving history, so how can you compare one persons insurance cost to your own?
A Lot of people buy vehicles based off of the monthly payment that they are able to afford. For myself I just want to know what it will cost out the door. the bottom line price. I could afford a much higher monthly payment but a vehicle is not my only expense.
I guess what I am saying is that a better question would be: What are people paying for their Raptors based on the options they've chosen? However, That information is already available you just have to search for it!
Sorry for such a long reply.
The only reason I have a monthly payment is because interest rates are the lowest they have ever been. It makes more sense to invest the money and allow it to grow.
As far as insurance, I pay for that when the bill comes in once a year so there is not a monthly expense and no service fees etc. Insurance cost also are dependant on age, credit ratings (?), and driving history, so how can you compare one persons insurance cost to your own?
A Lot of people buy vehicles based off of the monthly payment that they are able to afford. For myself I just want to know what it will cost out the door. the bottom line price. I could afford a much higher monthly payment but a vehicle is not my only expense.
I guess what I am saying is that a better question would be: What are people paying for their Raptors based on the options they've chosen? However, That information is already available you just have to search for it!
Sorry for such a long reply.
BubbaRaptor
Full Access Member
ZERO dollars and ZERO cents.
beemerman
FRF Addict
Zero payment about 58 insurance
Sent from my iPad using Tapatalk
Sent from my iPad using Tapatalk
TheJoker
FRF Addict
Here's the other reason I hate questions like this: 19 years old, owns a $50k 2011 Raptor, Has no monthly payment...
I hate you BubbaRaptor! jk
BlueSVT
FRF Addict
These threads are always hilarious. Somebody posts a higher payment than you, and you say "Ouch"????
A $50,000 OTD price (which is probably on the LOW side for these trucks) with a 5-year loan (average rate for that price) with a 4-5% interest rate (top tier from Ford) would be $920/month with nothing down.
Just because YOUR payment is hundreds lower, that means you put A LOT more down, and have less in the bank... Ouch.
Here are some figures with explanation:
$50,000 pricetag (including tax and ext. warranty)
$18,*** down
4.9% interest over 60 months
$600 even per month
A $50,000 OTD price (which is probably on the LOW side for these trucks) with a 5-year loan (average rate for that price) with a 4-5% interest rate (top tier from Ford) would be $920/month with nothing down.
Just because YOUR payment is hundreds lower, that means you put A LOT more down, and have less in the bank... Ouch.
Here are some figures with explanation:
$50,000 pricetag (including tax and ext. warranty)
$18,*** down
4.9% interest over 60 months
$600 even per month
RatedSVT
FRF Addict
Mine is 423 a month cause I got the extended warranty otherwise it would've been 403. As for insurance I pay every 6 months which is 500. So it would be 83 a month if I payed monthly
whtrapta
Ostrich Wrangler
Im spoiled $0 just gas.
I agree with Joker and BlueSTI....
If all that matters to you is payment, talk to the dealer and they can make it whatever you want...12 year loan here you come!
We used to laugh when someone would come into the Motorcycle dealership asking about the $49 per month deals on bikes...its a trap.
If all that matters to you is payment, talk to the dealer and they can make it whatever you want...12 year loan here you come!
We used to laugh when someone would come into the Motorcycle dealership asking about the $49 per month deals on bikes...its a trap.
