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Oct 2, 2003 | 11:04 AM

BUDLoNG

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Joined: Apr 2003

Posts: 172

From: san jose

Car Info: wrx wagon

downpayment

how much did u guys drop for the downpayment on your sti?
i'm thinking 1/3 of the total cost (around 10k) is sufficent for managable montlhy payments (below $550 a month)

BUDLoNG

Oct 2, 2003 | 05:23 PM

Kuonji

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Joined: Jun 2003

Posts: 290

From: San Mateo, CA

Car Info: 2007 Mazdaspeed 3

I did 7k down. I paid $1,000 over msrp though. This was almost 3 months ago.

Oct 2, 2003 | 05:25 PM

machaf

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10k would be good.

Oct 2, 2003 | 06:09 PM

bao ling

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I say drop 8K and spend the rest on stereo, parts, ect.

Oct 2, 2003 | 09:23 PM

Uncle Si

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pay as much as you can so that the monthly payments are easier for you! do what's right for your salary dude!

Oct 3, 2003 | 11:02 AM

adamsrs

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I put $17k down in cash...and i paid $33000 out the door after tax and licensing and fees with dimming mirror, locking lugs and boost gauge. My payment is $274/month
ADAM

Oct 3, 2003 | 12:08 PM

amdmaxx

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Smart man!!
I'd do exactly what he said.. But make sure u have extra $$ for insurance, new set of all season/winter tires/unexpected things/rent/food/etc..

Quote:

Originally posted by Uncle Si
pay as much as you can so that the monthly payments are easier for you! do what's right for your salary dude!

Oct 3, 2003 | 12:10 PM

BUDLoNG

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Joined: Apr 2003

Posts: 172

From: san jose

Car Info: wrx wagon

17k!!!

jesus...
i make a lot of money.. but i dont save a lot of money....

it would take me at another 13 months to save up to 17k....
and i dont wanna wait another year...

i did stop smoking pot.. so i have another 250-400 a month to invest in my car...

BUDLoNG

Oct 3, 2003 | 12:43 PM

Blue-Adept

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A good rule I learned is to put down one third or more. That way you will never be up side down on your loan.
Blue

Oct 3, 2003 | 04:54 PM

#10

Ditchhanger

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Posts: 3,644

From: She's so hot, I'd tongue-punch her in the fartbox

Car Info: 2001 RSTi Widebody

It also depends on what your financing will be like. For my credit union, in order to get the 4.5%APR, I have to put down 20% of the total sale (about $33000), so roughly $6600, and my payments would be about $420/ mo.

Oct 5, 2003 | 08:53 AM

#11

CrabtreeSubaru

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Ditchhanger, is your credit bad? I gave an STi customer 3.79%!

Oct 5, 2003 | 10:53 AM

#12

Ditchhanger

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Joined: Nov 2002

Posts: 3,644

From: She's so hot, I'd tongue-punch her in the fartbox

Car Info: 2001 RSTi Widebody

Um...no...my credit is actually quite good. I don't want to spend time shopping for awesome interest rates (i.e lower than 4.5%), our dealership hewre doesn't do much with financing (they like it more if you have your own pre-qualification), and I have been with my credit union for almost 10 years. Nothing to do with my credit score or anything like that.

Oct 6, 2003 | 11:09 AM

#13

AzN121184

Registered User

iTrader: (17)

Joined: Apr 2003

Posts: 6,249

From: Downtown oakland

Car Info: civic

Re: 17k!!!

Quote:

Originally posted by BUDLoNG
jesus...
i make a lot of money.. but i dont save a lot of money....

it would take me at another 13 months to save up to 17k....
and i dont wanna wait another year...

i did stop smoking pot.. so i have another 250-400 a month to invest in my car...

BUDLoNG

hahahhahaahah....weeeeeeeeddddddd