Originally Posted by EvoIAm

Looks like you are in a similiar boat as me man.

We're both selling all the stuff we possibly can laying around, and both saving for 10k cash + trade in for an Evo IX.

Pretty cool, wish you luck =)

Originally Posted by dizzigital

estimating $35,000 purchase price (what kind of EVO?)
10 grand down
5 grand for your trade (worst case scenario)
decent credit should get you 4.9% (or less)

with CA sales tax your payments will be roughly:
$370/mo. for 60 months
or
$320/mo. for 72 months

with NJ sales tax and possibly better prices all around, you're lookin' at roughly $250-$300 a month i'd guess.

all rough estimates, but at least you got a few numbers to chew on.

Originally Posted by HorinayHotiness

He obviously negotiated a better price for the car than you did.

Here a quick tip when financing a car. Try to look for a loan ahead of time with the lowest interest rate, and get prequalified for it. When you get the loan, get the longest term possible at the interest rate they quote you. That will lower your required monthly payment. However, if you pay more than the required monthly payment each month, you will have more of your money going toward the principle rather than interest and you will pay less in the long run. So if you can afford $500 a month, try to get a 60 month loan at $250 a month but pay the $500 per month anyway. You will pay off the car quicker and pay less money then if had gotten a 36 month loan at the same interest rate.

Originally Posted by anjapower

I got mine at invoice: 29,200.

Originally Posted by anjapower

I got mine at invoice: 29,200. I'm not sure how much better of a deal he could get, as it would have to be significantly better to have that much lower of a payment.