How much are you guys putting down on your BRZ?

[Miniata]

If I don't trade another car (or two) in on my BRZ, I'll try and put as much cash down as necessary to keep the loan at $20k (for either 3 or 4 years), which probably means $7-8k down for my Premium manual trans BRZ.

[alluringreality]

Originally Posted by zoomzoomers

if you pay more up front, you have less, or no, money to take advantages of potential opportunities to invest the money elsewhere. So basically, it's a potential loss of opportunity we're talking about.

One rephrase of this basically says acquiring debt, rather than paying on the car, gives you the option of increasing your risk through speculation. In a prospectus they would tack on some version of - Past performance does not guarantee future results. Anyway, my main point is that the original question generally depends on your own risk aversion, and personally I think you have to know your own comfort levels, so whatever someone else might do is somewhat irrelevant.

Originally Posted by zoomzoomers

Not guaranteed, but have you seen what the market has been doing lately? I've easily earned in the double digits lately and I'm not even really trying to.

Of course this means he's comfortable with also potentially losing in the double digits too.

[86fanatic]

Originally Posted by SteelReign

Where can you get more than 2% interest guaranteed these days? All the "guaranteed" investments like CDs, Money market accounts and savings accounts have barely 1%.

Talk to your bank, there are 3%+ guaranteed rate return funds out there even today. There are plenty of relatively safe stock investments which pay 3%+ dividends a year as well. There's plenty of 1.7% 5 year CDs out now, which are considered the safest but also tend to have a lower return.

I'll say it again, if you have good credit with the lending situation what it is today, paying cash for a car makes no financial sense.

[S2kphile]

$0 down and leasing for 24-36mths depending on the monthly payments. Then either buy it out right after the lease is up or get the mid-refresh cycle and do it all over again.

[KaliKev]

Originally Posted by S2kphile

$0 down and leasing for 24-36mths depending on the monthly payments. Then either buy it out right after the lease is up or get the mid-refresh cycle and do it all over again.

What do you think a lease will be for the BRZ?

[Bender]

Hate having a car note, trade + cash = give me my title!

[S2kphile]

Originally Posted by KaliKev

What do you think a lease will be for the BRZ?

Depends on credit score, how much $ down, and length of lease. For myself I'm trying to keep my monthly at $500 or lower with $0 down.

[ayau]

Originally Posted by tranzformer

I have never heard of that or experienced that personally. All of my loans allowed for you to pay off the loan early without any fees or penalty.

both my mortgage and auto loan allow for me to pay off early w/o any penalties.

[Alex]

$5,000 for me

[dsgerbc]

Originally Posted by KaliKev

What do you think a lease will be for the BRZ?

Probably horrible, at least during the first few months after the release. W/o knowing the strength of the demand they are probably gonna assume residual value of 50% in 3 years, and give you some crappy money factor. So, all in all, monthly payment will probably be be comparable to financing it over 60months.

[86design]

Originally Posted by dsgerbc

Probably horrible, at least during the first few months after the release. W/o knowing the strength of the demand they are probably gonna assume residual value of 50% in 3 years, and give you some crappy money factor. So, all in all, monthly payment will probably be be comparable to financing it over 60months.

i concur

[zAnSh1n]

so when i negotiate the price should i do my homework and figure out the monthly payments and work out a deal that way or just do the price out the door, and have them throw in some freebies

[Buggy51]

Originally Posted by zAnSh1n

so when i negotiate the price should i do my homework and figure out the monthly payments and work out a deal that way or just do the price out the door, and have them throw in some freebies

Always do the hw...

[zAnSh1n]

Originally Posted by Buggy51

Always do the hw...

yes, i know... but which method is more ideal/easier?