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05-23-2017, 06:51 PM
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#1 |
 Drives: New Join Date: May 2017
Location: Louisiana
Posts: 2
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Newbie Here
Good Evening Forum. In the next couple of months I plan on purchasing my first camero. I am very eager and excited to own my very own. The question I have this evening is, Will a $5000 down payment and a estimated $1200 in a trade in be sufficient enough to purchase the base 1LT 2.0L? Thanks
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05-23-2017, 06:55 PM
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#2 |
 Drives: 2106 SS Join Date: Aug 2016
Location: MCO
Posts: 392
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For what kind of payments and how long
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05-23-2017, 07:31 PM
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#3 |
 Drives: 15 SilveradoLTZ,162SSVert BlazerRS Join Date: Dec 2015
Location: Minot,Maine
Posts: 644
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NO!!!!!!!!!!!!!!!
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05-23-2017, 07:48 PM
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#4 |
 Drives: 2017 2SS Auto Join Date: Apr 2017
Location: SC
Posts: 116
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Hi and welcome.
Its enough to get you started and if your credit is good, payments will be pretty reasonable with that much down on a base model. Use one of the many financial calculators online to help. In fact, you dont need to put anything down but thats up to you and your personal financial situation. One prerequisite though is to make sure spell check knows "Camaro" 
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05-23-2017, 07:52 PM
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#5 |
 
Drives: 2017 CAMARO 2SS Join Date: Apr 2017
Location: ROSWELL GEORGIA
Posts: 51
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Easily if the credit is good.
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05-23-2017, 08:12 PM
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#6 |
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#TeamBeckyD
Drives: 2017 HBM 2SS Convertible A8 Join Date: Aug 2008
Location: Apopka, FL
Posts: 10,496
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Yes it all depends on your credit, and how much you can afford a month.
__________________
 #TeamBeckyD**FIFTY HBM 2SS VERT** |
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05-23-2017, 08:50 PM
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#7 |
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Lovin the growl...
Drives: 2018 2SS Join Date: Mar 2017
Location: Rogers, Arkansas
Posts: 926
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You can walk away with no money down if your credit is right. Just the more assets you have to put down the less you will owe and the lower your payments will be. Also when you put up a significant amount of cash you're in a better position later should you want to upgrade to a higher trim.
I traded in my 2015 LT Camaro 18 months later and I was owed money. |
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05-23-2017, 08:54 PM
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#8 |
        Drives: '16 Garnet Red 1SS Join Date: Mar 2014
Location: College Station, TX
Posts: 3,450
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My 2014 Camaro I bought, I put nothing down and traded in my 01 for $700.
__________________
'16 Camaro 1SS
'18 Miata GT Gone: '01 Camaro, '14 Camaro, '90 Miata |
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05-23-2017, 08:55 PM
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#9 | |
 Drives: 2SS Join Date: Apr 2017
Location: NJ
Posts: 27
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Quote:
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05-23-2017, 09:12 PM
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#10 |
Drives: 2016 Camaro 2SS, Nightfall Grey Join Date: Nov 2012
Location: Sulphur La.
Posts: 1,680
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Welcome aboard. this might help out:
https://www.carmax.com/car-financing...ent-calculator
__________________
2016 Camaro 2SS, Nightfall Grey,
MRC, NPP, S/R, Nav, A8, E-Force Supercharged.  |
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