2nd Generation (GE 08-13) 2nd Generation specific talk and questions here.

How much is the monthly payment of your fit?

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  #81  
Old 02-27-2012 | 09:57 PM
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240 a month for five years at 0.9%
 
  #82  
Old 02-28-2012 | 12:40 AM
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249 a month @ 1.9 for 60 months. Financed 14k. Got 12k for my 09, paid off the outstanding 6k on the 09, put the balance 6k towards the 2012.

The 09 loan was 180 a month. With a cc loan being paid off in a few months, it's a push, only I'm driving the car I've wanted since day one now.

 
  #83  
Old 02-28-2012 | 01:04 AM
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365/month, 3.6%, 6 years. Extended warranty and car came with a few dealer installed items. Not the best deal in retrospect, brut happy to have a car that won't leave me stranded I plan on paying it off on 2 year anniversary of purchase.
 

Last edited by Euromedic; 02-28-2012 at 01:08 AM.
  #84  
Old 03-01-2012 | 06:13 PM
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$35O a month. 3.0%. 6 years. Extended warranty. Mugen edition fit w/navi
 
  #85  
Old 03-03-2012 | 04:45 PM
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$341/month for 5 years at 11%
 
  #86  
Old 03-03-2012 | 05:08 PM
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11% APR is extremely high. You should refinance it. The most APR should be around 6-7%.
 
  #87  
Old 03-03-2012 | 06:05 PM
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I'm paying $339/month for 60 months. Financing $18,000@4.9% interest rate.
 
  #88  
Old 03-03-2012 | 06:37 PM
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Originally Posted by FITMugen
11% APR is extremely high. You should refinance it. The most APR should be around 6-7%.
My original deal with Honda was 12.4%. They dropped it to 9.9% when I added the extended warranty and raised back up when I cancelled the warranty. But now car is paid off and I paid a grand total of $173.31 in interest. I pretty much had the full amount in cash to buy the car, but wanted the loan to "build" my credit.

High interest rate is no surprise for folks with little to no credit history, such as the case with me. I would guess it would be similar for folks with bad credit history. Along with no co-signer for either case.

By the time I bought my Fit, I "should" have had 14 years of credit history... but when I turned 18, I got a letter for a "pre-approved" credit card. I filled it out, and sent it in. But it got denied (funny, wasn't it "pre-approved"?). Ever since then, I relied completely on cash and debit cards. That is until about the end of 2009, when I decided to look for a car. Couldn't get a loan, so I got my first credit card with my bank (secured, needing deposit). A year later, I got the Fit (my CC got unsecured, deposit returned). 5 months after that, I paid off my car.
 
  #89  
Old 03-04-2012 | 12:17 AM
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$340/mo at 2.9%
 
  #90  
Old 03-05-2012 | 02:20 AM
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Originally Posted by FITMugen
11% APR is extremely high. You should refinance it. The most APR should be around 6-7%.
Unfortunately I had to file medical bankruptcy last year and am still trying to rebuild my credit. I plan on refinancing but I've only had the car 3 weeks so far lol. I know the interest is high but I had to have the car
 
  #91  
Old 03-05-2012 | 02:54 AM
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Recently refinanced an original 60 month @ 5.9% 263/mo that had 29 mo remaining and extended it to 60 month @ 4.9% 145/mo. I have school debt with a higher interest rate, so it made sense.
 
  #92  
Old 03-05-2012 | 05:39 AM
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Originally Posted by thefit09
Recently refinanced an original 60 month @ 5.9% 263/mo that had 29 mo remaining and extended it to 60 month @ 4.9% 145/mo. I have school debt with a higher interest rate, so it made sense.
Were you falling behind in payments?
 
  #93  
Old 03-05-2012 | 06:31 AM
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$304 a month for 60 months.

Only pay half as the other half is played by an employer since the car is "fuel efficient" to their standards. Kind of a nice little benefit. The only downside is I usually like to pay cars off early, but I ran the numbers and it will cost less out of pocket to run the full term and maximize the money paid by the employer.

EDIT: Just saw this is a GE thread. My data is probably a little less useful.
 

Last edited by Funkster; 03-05-2012 at 06:35 AM.
  #94  
Old 03-05-2012 | 09:56 AM
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Originally Posted by Goobers
Were you falling behind in payments?
Nope. Desired to pay more towards my higher interest school debt. So I extended the term (at a better rate) of my care note and cut my payment in half, freeing up an additional $120/mo to put to those school loans. Overall, will end up paying less interest, just more on my car note. Make sense?
 
  #95  
Old 03-05-2012 | 07:59 PM
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Originally Posted by thefit09
Nope. Desired to pay more towards my higher interest school debt. So I extended the term (at a better rate) of my care note and cut my payment in half, freeing up an additional $120/mo to put to those school loans. Overall, will end up paying less interest, just more on my car note. Make sense?
Ok, makes sense.
 
  #96  
Old 03-16-2012 | 03:59 AM
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Just bought a 2012 Fit Base. 15,745 + 7.75% tax. Financed about $9,600 at 4.79% for 48 months. Ended up being $217 and change/month.
 
  #97  
Old 03-17-2012 | 12:02 AM
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$409 a month for a 2012 Base.....I wonder how much more it would have been for a sport, or if I even could have got approved for one.
 
  #98  
Old 03-17-2012 | 08:06 PM
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My 2012 Fit Sport 5AT is $333.44 for 6 years at 3% interest. By far the most expensive car note I've had, but unlike past cars, I love this car so much and intend on keeping the Fit well after its paid for.
 
  #99  
Old 03-18-2012 | 04:29 PM
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$200/mth. at 2.99% for 6 years on a 2012 Fit Sport
 
  #100  
Old 03-18-2012 | 11:47 PM
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$219 48 months@1.9% through Pentagon Federal Credit Union
 



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