if you buy a car for 19000 about how much would your monthly payment be with a $1000 down payment? answer asap

please help meee.. with this question. thanks

7 Answers

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  • 1 decade ago
    Favorite Answer

    depends on ur percentage rate also known as APR. Also how long u finance it for.

  • Pamela
    Lv 4
    4 years ago

    it all depends on the dealership you go to. I'm sure that most will accept a credit card. The more you put down, the less you will have for monthly payments. With a $2,000 limit it sounds like you're just getting started with having credit. If you want to work on getting a better rating and limit, definitely use the credit. But don't pay the credit off all at once. Make all the payments on time and send in more than they require for a monthly payment.

  • ssssss
    Lv 4
    1 decade ago

    It depends what your interest rate is and how it's calculated, how many months the term of your loan is, what extras are rolled into that payment, etc.

    Not such a cut and dried answer without more details.

  • 1 decade ago

    it depends on the interest rate on the loan(the financing) or how long you have to pay it off.

    ex. 19,000-1,000= 18,000/ 3 (yrs) = 6,000 a year / 12 (months) = 500$ a month....thats with no interest with a 3 yr payoff...

    you need to look into it more and get all the details and info

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  • 1 decade ago

    Well, $18,000 divided by 60 months (5 years) is $300 per month. However, I'm not sure about taxes and interest. Depends on who you get your loan from.

  • 1 decade ago

    go to web site www.tcalfinancialcalculators.com and providing you have what your APR is and how many month it will be financed you can do it yourself..but anyway, using 7% APR and financed for 60months your payment would be $356.42..

  • 1 decade ago

    too much

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