Car question, regarding money

Anonymous
Not sure where to post... But, if I purchased a brand new honda civic, with no down payment, how much should I expect to pay each month?
Anonymous
Put the purchase price into a loan calculator
Anonymous
Anonymous wrote:Not sure where to post... But, if I purchased a brand new honda civic, with no down payment, how much should I expect to pay each month?


Word of advice: Don't go shopping for a car payment. Negotiate the price of the car.

A new Honda Civic, mid-range, runs around $19,000, give or take. Tax and title and freight, out the door around $21,000.

At a decent interest rate, say 4%, you'll pay $475 per month if you finance for four years, or $387 if you finance for five.

Say you got a 0% interest rate, the monthly payment falls to $440 and $351, respectively.

Don't forget insurance. And property tax if you live in VA.
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