Car Buying Advice-2017 Audi A4 finance questions

angelos1

Hi I'm interested in a new 2017 Audi A4, say the price is 41K.  I would like to know what the FINANCE payments each month will be? I'm never leasing a car so no leasing payments. I currently have no credit at all, I heard that's the exact same as having bad credit... what would be my monthly payment? If I don't pay a down payment and if I do pay 1K down. What would be the monthly payment for both scenarios? Please no online loan calculator BS lol. I know I can just go to the dealer and see but would like to know the approximate first. Please professional answer best if you work at dealers. Thanks! I know a guy that pays around 500 for his A4, not sure about his credit and down payment and stuff. But it's getting a little bit too much for him lol! But anyways thank you! I know it's best and you should only pay full cash for a car, and that's when you can really afford it but I'm in need of a new car and really like this car and just can't wait lol. I've looked around for the new BMW X5 but way too expensive each month. Only idiots that can't afford will finance that car. And those types of people will end up losing the car I've seen it too many times. I'm sure most X5 owners has paid full cash lol. Everyone I know that owns a car like that has paid full cash. Oh and the only times people finance those types of car is when they have like 0.9% interest. They usually run a business. So for now the A4!

kyfdx

angelos1 said:

Hi I'm interested in a new 2017 Audi A4, say the price is 41K.  I would like to know what the FINANCE payments each month will be? I'm never leasing a car so no leasing payments. I currently have no credit at all, I heard that's the exact same as having bad credit... what would be my monthly payment? If I don't pay a down payment and if I do pay 1K down. What would be the monthly payment for both scenarios? Please no online loan calculator BS lol. I know I can just go to the dealer and see but would like to know the approximate first. Please professional answer best if you work at dealers. Thanks! I know a guy that pays around 500 for his A4, not sure about his credit and down payment and stuff. But it's getting a little bit too much for him lol! But anyways thank you! I know it's best and you should only pay full cash for a car, and that's when you can really afford it but I'm in need of a new car and really like this car and just can't wait lol. I've looked around for the new BMW X5 but way too expensive each month. Only idiots that can't afford will finance that car. And those types of people will end up losing the car I've seen it too many times. I'm sure most X5 owners has paid full cash lol. Everyone I know that owns a car like that has paid full cash. Oh and the only times people finance those types of car is when they have like 0.9% interest. They usually run a business. So for now the A4!

An on-line calculator is exactly the "BS" that you need.

Finance payments are a pure math calculation.
But, to estimate the payment, you need to know what APR that you qualify for.
What you heard is correct: No credit = bad credit.

Just as an example:
$40,000 financed
5.9% APR (doubtful you can get this rate, but it's a start)
60 month term
$771.45 per month

You can try it yourself. I used this calculator:
http://www.bretwhissel.net/cgi-bin/amortize