hey everybody wasnt sure if i was in the right section, but correct me if i'm wrong,
planning on making a purchase for the exo x, my only dilemma, is deciding how much to put down...i know the more the you put the less the payment..But basically wanting to know what a good figure range, and would appreciate anybody to post with some figures...

 

I think your best bet is to find an online car payment calculator (like http://www.defenselink.mil/mapsite/carpay.html) and play around with the numbers while also taking into account how much you have saved up and can reasonably afford to put into a down payment an also thinking about how much of a monthly payment you can afford as well.

there really are too many variables for us to answer, you need to fill in some of the blanks and do the math yourself to see what you can afford.

 

This is bit of a generic answer, I know, and you've probably heard it before, but use Edmunds's calculator.

Link:
http://www.edmunds.com/new/2008/mits...alculator.html

And just a heads up, I only put $500 down on my evo.

 

it really depends on your situation. Put down as much as you can afford to.

 

Exactly kts262. Sometimes putting down an extra thousand or 2 won't make any dent in the monthly payments, maybe like $10 or something. How much are you planning to put down if you can?

 

x2. Put down as much as you can and overpay it to pay it off as quickly as possible. Paying interest sucks.

 

Oh and personally, I suggest putting down as little as possible at the dealer's. The money you didn't put down at the dealer's, you can put down later on. Your monthly payment won't go down, but you can refinance.

But what do I know? I'm 18. (But the knowledge I do have is from having financed 3 of my own cars, and having been with my mom at the dealer's for every car she leased, in which she leases every two years, and she's been doing so for as long as I can remember.)

 

Why not outright buy, like me?

 

No offense, but this is not sound financial advice at all.

 

normally, a thousand off is around $25 a month...

 

25% down is great ... tell them you want 0% financing.

 

I would say at the minimum do $5,000.

$3,000 for tax.
$2,000 for whatever package you add.

You end up financing the amount of the car.

 

+1

 

This is like asking how much salt I put on my food, or how much milk should I put in my coffee?

 

Hilarious!

I suggest putting down the entire amount and not financing.