8th Generation Honda Civic Forum - View Single Post - Who got the best deal/How much did you pay for your Civic? (Merged)
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Old 03-07-2007, 11:29 AM   #134 (permalink)
new06Civic
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Join Date: Feb 2006
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If you are familiar with Excel, here is the your payment calculator:
=PMT(monthly interest rate (0.049/12), # of payment 60 mons, loan balance of $8525) and your monthly payment is $160.49.

Your Payment Excel


Quote:
Originally Posted by Judge Ito
I checked the payments on 3 different sites... If I am not confused most websites call OTD the price before TTL since TTL will be different in most states ie. DE dosen't have any sales tax. I guess I might have gotten taken but 2 other dealers said they would only either match it and the third said he would match it and pick me up from a local CarMax after I sold my truck. Before I left my house for the dealer my calculations were only $0.22 less a month than what the final payment came to be... I had put the #'s into a couple of payment calculators like on vehix.com or or one of the dealerships websites because I don't know exactly how the interest rate applies. It isn't just total financed plus 4.9% divided by 60 otherwise it would have been $149.xx a month...

Price of Car was $20289
Tags and License $211
5% MD sales tax $1025
Down Payment $13000
total finance $8525
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