I just wanted to know what would the monthly payment be on a 2011 Dodge Charger SE ?...
3 Answers
It would be handy to know how much the loan is for, how many years the loan is for and the percentage rate.
You will be paying, ballpark figure, depending on several things about $18K for that car. If you have REAL good credit, you can get as low as 3.9%, so that will run you about $325 a month for 60 months. There are a lot of variables here..if your credit is not so good, the interest will be as much as 8%,,jacking that figure up to $375 or so...and then you would need gap insurance, highly advisable to have..if you total it and you owe more than it's worth and don't have gap insurance you are stuck with the difference in what the insurance pays and what the bank wants to collect. Remember if you wreck it, the bank gets the pay out not you. That will run you maybe $800...and if you choose to buy an extended warranty (don't ....that 2011should still be under factory warranty unless somebody has racked up 100,000 miles, unlikely but possible in 2 1/2 to 3 years) that is another $2,500, so plan on budgeting $400 a month..it will be less than that but including all insurance...... it will total up to that ballpark