Don't forget. It's a 50k car to start with. Brand new. 50k is 5 Cobalt's at 10k each. Imagine it being a GTR or a brand new Z06. Their payments. 1k+ a month lol

 

yeah. I thought so to. It would be less interest. But a 900$ payment. Or 1k lol. It's why I'm gon get rid of cobalt stuff. Throw it into payment. Refinance thru credit union and get a lower payment.
0% interest was 600 a month. For 72 months. But GM don't offer that. It's something about the car that no incentives or anything was being offered.

 

My last house had a mortgage payment less than $850 including PITI. Just some perspective. (It's now at $1400 but I have a lot more house)

 

in New Jersey. That house payment would be 2600$. It's different from state to state. Both houses are paid for. Phew.

 

I am quite surprised they wouldn't budge on the price. I guess they don't care about the floor space. Maybe if they still have some come 2018 they'll be more motivated.

I remember looking at the Cobalt SS in January 2009 and they had an '08 Impala SS in the showroom. It would have been cheaper to buy that car than the Cobalt.

 

It sure helps to not have a house payment. I can't wait for that. 28 years can't come soon enough

 

yeah. Also gotta be extra certain it's the car you want. It's hard to commit. I was paying 600$ for a used truck. My old 2011 F150 Platinum. A really old truck. Out the door was 36k for it. I had like 3 or so years left. But the value was low for it. The new payment isn't that much off. Just gotta keep playing my cards right. Once all the crap is gone. It's going to be easier to get refinanced. I expect it to be done in 6m-1 y

 

I understand what you're trying to do and understand it. I guess I wouldn't be up for signing a 84month term loan or a loan that takes >650 a month. I'm in the wait till I have at least 40% of the price to put down mood now. Getting rid of some of the cobalt stuff will help drop the loan to value ratio to favor a better rate for sure.

 

exactly. The only issue with me was the limiting factors of doing it now or never doing it.
The car is discontinued
its brand new. I'm the 1st owner
very limited quantity.
Everything I wanted in the SS
4 door for family yet performance for me.
Hard to find locally.

 

if you can afford it, who cares the payment. I just didn't realize they were that expensive. I thought GM was offering incentives to get rid of them.

 

they did at 1 time. 20% off msrp. Since then dealers have been holding them hostage. It's a very expensive car imho. But after driving it around. I can see why. Comparing cars. I couldn't pass it up. It's a 2017 in the year 2017. That's how I see it.

 

if its your only car payment, thats not bad. I technically pay 872 for 2 cars, my STi is 400 a month and my wifes rogues 472

 

It is. I cleared out a lot of debt to make sure I was ok paying this thing. I was paying 400+ on my toolbox and 600$ on truck. That there is more than what I'm paying now for the car. It's literally the only thing aside school loans 160$ and cell phone and insurance I have to pay.

 

At one point a local dealer to me was offering 12g off a SS. It was around 38-40range. I almost ended up with one of them but was applying to grad school then. Should have did it

 

if you can get it to 0%, then who cares the term. thats same as cash baby

 

and im paying about 750 a month in student loans right now. el sigh

 

that was the 20% deal. At that time I believe the car didn't come with mag ride or stuff along those lines. It's what made the car hold it's value.

 

that would be a ******* dream come true. I don't mind paying a little into interest. It helps the credit in long run. I was close to 800 but after refinance I'm sure I'll break into the 800 no issues. That's when I start buying houses to rent lol. SS will be the least of my worries

 

They are starting to do payment for 84 months now lol

 

new cars are too $$$$

 

I guess lol. All cars r ridiculous money now. I don't know why. At same time. The money I dumped into my cobalt is paid off the SS long ago........

 

Holy crap Kevin are you a doctor?

 

He's an IT wizard

 

thats mine and my wifes combined.

but yeah, I'm a software engineer

 

Went 13.4 and the stock time was 13.2 I believe. 3/4 fuel tank. I think I broke in the motor alrite