Serious question here need financial experts opinion
Ok if i were to put down 20k on a New Challenger. I am 20 years old. Just say a Challenger is 45,000 for an SRT-8. I would be getting a loan of 25k. What would payments a month be on the car? Would they be under 500? If i can get payments around 450 to 475 i will buy one the first year. If not I am going to wait until the second year of production and put down around 30k. What are your thoughts? Suggestions? Thanks, Josh.