Although we don't know a price yet, I'm confident most would assume $60k - $70k. Assume another $5k for tax, del., etc. I'm doing some math (assume 5 yr loan @ 5.0%?) and wonder how most will pay (finance, cash, combo?):
$70k 5 yrs @ 5.0% = $1,320/month ($5k down)
$60k 5 yrs @ 5.0% = $1,132/month ($15k down)
$50k = $943/month ($25k down)
$40k = $754/mo. ($35k down)
$30k = $566/mo. ($45k down)
Will those that can pay cash, not buy another hi-end vehicle? New Viper or used ferrari? Will those with little cash be able to afford the payment (plus insurance)?
Just wondering your thoughts...?
Thanks,
$70k 5 yrs @ 5.0% = $1,320/month ($5k down)
$60k 5 yrs @ 5.0% = $1,132/month ($15k down)
$50k = $943/month ($25k down)
$40k = $754/mo. ($35k down)
$30k = $566/mo. ($45k down)
Will those that can pay cash, not buy another hi-end vehicle? New Viper or used ferrari? Will those with little cash be able to afford the payment (plus insurance)?
Just wondering your thoughts...?
Thanks,