GS - 2nd Gen (1998-2005) Discussion about the second generation GS300, GS400 and GS430 (1998 - 2005)

GS4 buying- payments/ month

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Old 01-21-03 | 10:08 PM
  #1  
Lvangundy
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Default GS4 buying- payments/ month

Hey all -

Anyone doing the bank loan thing on your GS? I'm thinking of dropping my LS in a few months and looking for a 98-99 GS4. If not a GS, a 95+ LS...but onto the GS400 (my goal.)

I paid $8,000 ($8,600 w/ tax) for my LS in Oct 2001. The KBB value has dropped to about $6K with my mileage (150K) and in "good" condition. I still owe $5000 on my 4 year loan with payments of $212 a month. Jumping up to $300 a month is feasible for a payment.

So if you don't mind sharing, what's everyone else's payments like?

Thanks.
Lee
Old 01-22-03 | 11:42 AM
  #2  
Lvangundy
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Not trying to sound obnoxious, but nobody is making payments on their GS?
Old 01-22-03 | 11:53 AM
  #3  
apatel's Avatar
apatel
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Everyone's monthly payment will be different based on interest rate, amount financed and the period for which the loan is taken.

try this...

http://autos.yahoo.com/finance/calcl...v=&lori=&leri=
Old 01-22-03 | 11:57 AM
  #4  
Lvangundy
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Yes I was aware of that, just seeing if anyone had any specific numbers.

Thanks for the link.
Old 01-22-03 | 12:27 PM
  #5  
Guitarman's Avatar
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Default I'll step up to the plate...

Paying $326 monthly on my '98 GS4.

We put a large D/P on it though to get that number, which is pretty easy for my wife and I. We also paid 30k for it 6 months ago, which is about 4-5 k higher than most '98's, but I just wanted NAV and pearl so bad, and I simply got sick of driving all over creation trying to find the right car, so it's fine. I have no regrets, the car is perfect.

Personally, it's like a payment on a new Taurus or such, and since it looks new, runs new, and drives new, I sure am happy it's a GS4 and NOT something plain Jane. I figure, if I'm going to have to make a payment on something (our only car payment as our other 2 cars are paid for ) it may as well be something worthwhile to drive. And it IS!

Good luck.
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