Buying a Car Questions?

Question

I'm planning on buying this car

http://www.mbusa.com/mercedes/MBHome.html#/vehiclesMenu/exploreOverview/?yr=2009&vmf=C300WZ4&vc=C

I was wondering.. how much would my monthly payment be? Just an estimate...

First time car buyer so I have absolutely no clue on how this thing works..

and + insurance err... well any help u guys can give i'd very much appreciate it! thanks

Answer 1

at 4.9%intrest for 42months with $10,000 down your sitting at $682/month.

Answer 2

Depends or your credit, how many months you plan to pay for it, how much your down payment is (if you have a down payment).

Is this going to be a lease or a purchase?

I know a guy that's paying about $400 a month to lease his C-class.

Answer 3

It really depends on how good your credits are, how much you're going to put down, your interest rate, and how long you're planning to pay for the car. Since the car is going to be around $40k, I would put down at least $10k+ for down payment. and pay it all off in 3-4years so they wont eat me up with interest rate. The payment will come to around $750 a month for putting a down payment of $10k and 2.9 interest rate. There's a payment estimator on the left hand side if you want to check it out.

Insurance will depend on your driving record, age, and the place you live in.

Answer 4

Using the SE like google or yahoo to get some hints first if you want to obtain the massive information,if you do not want to spend too much time,here is a good resource for your reference about your questions.http://car-insurance.easyideas4u.info/ca...