i have a 00 s2000 with 31 k miles, i want to trade this car for a 350z 03 coupe ... i paid $330 for my s2k right know with 8.75% rate, i wanted to know how much will i be paying a month for a 350z 03 with decent miles with a better % rate .. ?

Thanks

 

32 views with no help ...??? somebody help me out

 

There are too many variables for anyone to tell you how much a month a Z is going to cost. It all depends on the purchase price, the payoff on your S2000, the interest rate and the length of the loan.

One word of advice however....never shop for a car by asking the salesman how much the monthly payments will be. Always negociate the price first, then figure the payments.

 

i was looking for a estimate, i own $14000 ... let say i get a 7.0 % on the 350z ... what the avarege for a 03 350z with 50 - 70 k miles?

thank you

 

If it helps at all, I live in the Northeast and just paid $21,500 for my 2003 Z with 32,000 miles.

 

from a delaer? that's a good price with low miles ..... what type of package do you got with your Z?

 

I paid a little over 22k for my 04 Enthusiast with ~36k miles here in KY.

There's a lot of variables with what you're payment will be. Not sure what they'll give you in trade on your S2K or your credit history and all that stuff. Just ball parking it I would say your payments would go up 30-50 dollars a month...of course that all depends on your loan term and interest rate.

 

i see, well my credit is no issue i have like 720 credit score ... but liek you said i have to wait to see how much they give me for my s2000...

if you don't mind , how much you paid a month for your Z

 

CarMax.com has an excellent calculator.

 

After putting down a few grand in cash I financed just under 18k for 5 years at a little under 6%...making my payments in the $340 range.

I just looked up the KBB for your S2K. Assuming it's in excellent shape most dealerships will give you ~14.5k on trade. About what you owe it sounds like. So you'd pretty much be coming out even. If you can hold out for a private sale you could probably get closer to 16k in a private deal. Either way if you don't put down any cash you're probably looking at paying close to $500 a month for a 22-23k dollar car, again...all depends on your loan term and rate.

 

dont know if this helps... maybe you can relate to it. i bought the Z november 2005.

my Z was $23000. (2003 SB Touring 6 speed w/nav, 24k miles)

i put $11000 as down payment from my civic that i sold.

i borrowed $12000 from the bank, at 8% apr. i pay $250 a month, for 5 years... but i know i can pay it off before then.

 

Correction. It was $22,500 with 33k miles. Touring package.

I put little down as I have JUST started working and didn't have a trade. I am paying just over $500 a month for the payment (then add gas, insurance, taxes at the end of the year) and it adds up fast. I got 8.5%/5 yrs. since I have little to no credit history.

 

I live in NY, bought my '03 touring with 8000 miles for $22k out the door in mid-March '06. My monthly payments are around $500 with $3000 down, and i forget what what my interest rate was. This is a 6 year deal.

 

it looks, like i be lookign to pay $500 just in car payment. sound alot for a 21- 23k with 5/year load term and btw 6.0 - 7.0 % rate ..

i just visited carmax, and use their calculator ... let say i get the car for a total of 22k with a 6.7% for 72 months it will be like $372 a month... soudn good.... will see what happend...

thanks alot for the help

 

Generally when you extend out the life of the loan your interest rate will go up. At 72 months your interest rate will most likely be around 8% with the current terms.

Your best bet is to come up with some cash for a down payment or continue to make your S2K payments and either save extra or put that extra towards your current payment so you can come out further ahead on your trade value.

 

Aside from helping this guy with his rate... I don't think he should get an '03 Z if he already has a S2K. There are just too many problems with the 03-04's. I say get an '05+ or don't get a Z at all, since you have a nice car already.

 

+1
Avoid 03 models if you can. I would stick with 05 or 06 if I were you.

 

Not most accurate but this may help.

For every 5,000 dollars I would say 100 dollars a month.

15,000=av 300-350 a month
20,000=av 350-400
25,000=av 400-450
30,000=av 450-500
My car was about 31,500=at 7.21 I am paying about 550

Would be close to those numbers. Those are not exact.

 

i really appreciate all the help, now i know what going on with the 03 - 04 models, and yes with all your guys help i will be paying $500 + /m

thanks alot

 

I got my 03 touring, every option except nav, from a nissan dealer in Feb 06 with 26k miles for 26k otd, put down 10k and pay 350 a month for 4.5 years. oh ya, interest rate of 6.1% i think.