Andre
04-09-2006, 10:44 PM
Looking to trade in my 05 GTO for a GC SRT8 since my wife and I just bought a dog that's pretty big, not to mention we have a 3 1/2 year old girl. Right now my note is $572 for the GTO, just curious to see if you guys are in that ballpark. I'd like to trade in the GTO and maybe put down like $2000. Hope to have a GC SRT8 by the end of May if not earlier.
jms935
04-10-2006, 08:30 AM
It is too bad that the srt8's are the only vehicles from Chrysler that don't offer 0% financing. With that being said your best bet is to check with banks, they will probably offer better rates. Sorry I can't help you with my payments, I made one and done.
BahnBlastR
04-10-2006, 12:40 PM
Hey Dude, like jcm935 I made the one payment and done plan as well. But, remember, if you have any kind of a daily drive/commute at all with this beast you better be prepared to shell out some $$ for gas. I'm feeding four vehicles and the Jeep is the thirstiest of the bunch. It reminds me of my old 82 Wagoneer with the 360 - it hates to drive by a gas station without stopping! :) Worth every dime though - even at $3.00/gal. Just my 2 cents.
tangled up in BLUE
04-10-2006, 04:47 PM
paid for it on delivery...
............they do like fuel:)
radduc
04-13-2006, 08:14 PM
PAID IN FULL,but I suggest you DO NOT lease!!! Your best bet is get a loan from a credit union.My mom belongs to one and they are charging 5% on auto loans.I think thats pretty kick ass
ARH1956
04-13-2006, 08:43 PM
Well, like the majority of responders, I bought my GC SRT-8 on the single payment plan as well. I think you'll be happy once you get the GC SRT-8 but I'm afraid you'll take a beating on the trade. Good luck.
NighT ProWLeR
04-14-2006, 05:06 AM
Seems that we all went w the single payment option ....My roommate works for Chrysler and explained that the srt8 is the only vehicle that does not qualify for discounted rates on financing ( they offer as low as 2.9 on most everything else) ... Your payments and rate will essentially be determined by your FICO (credit score) ... I agree w Radduc ...a credit union is most likely your best bet (lowest available rate) ... I work for a prime lending institution and our lowest rates are higher than Chrysler's 7% for average credit rating (>700) roughly calculates out to $950 - $1000 monthly!!!! ouch .... Hopefully this helps
jerry
04-14-2006, 06:32 AM
I financed mine for 84 months at $600 a month. It seems everyone else paid cash for them. My thoughts: I am a real estate developer and although I could also pay cash for it, I make my cash work for me. What that means is that I pay 6.99% for 84 months, and I invest the $45,000 in property which gives me about an average of 17% return. You do the math....
I'm with Jerry on this one. Put zero down and finance w/ the lowest interest rate possible. Let your money go to work elsewhere.
Leasing is not bad either because you can drive the car for 2-3 years and then decide if you want to keep it. It will cost more in the long run, but a lot of things can happen to a car in 2-3 years. If you are in a big city, the likelihood that you will be involved in an accident is pretty high. This happened to my old leased BMW, twice. At the end of the 3 year lease, what would I want with a car that's been wrecked twice? If you own it, good luck selling these days as everyone will check the VIN number and once your accidents show up, you'll have to give your car away. That's a big advantage of leasing.
I'm usually tired of a car in 2-3 years anyway. Just my 2 cents. I'll buy this SRT8 with as little down as possible and lowest interest rate available and write off the payment for business use.