TIPS BEFORE BUYING A CAR | HOW MUCH ARE MY MONTHLY PAYMENTS + DOWN PAYMENT

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  • Опубликовано: 26 янв 2025

Комментарии • 184

  • @lifeoftreysempire2661
    @lifeoftreysempire2661  3 года назад +9

    If You Did Like This Video Smash The Like Button And Don’t Forget To Subscribe To See This Build

  • @kingtizzy007
    @kingtizzy007 2 года назад +40

    Rule #1: Never ever negotiate monthly payment or trade in value until you agree on PP of new car.
    Rule #2: Always put down at minimum 20% but do not inform sales person of exact amount until late in the negotiation talks.
    Rule #3: Arrange financing options at your own bank/credit union before going to dealer. Make their internal financing arm beat your own bank.

    • @amittanmay1926
      @amittanmay1926 2 года назад +1

      Are the TAXES/ REGISTRATION FEES Included in the Registration ?? Can someone please answer ??

    • @ecclairmayo4153
      @ecclairmayo4153 3 месяца назад

      Good advice!

  • @arrowflin1
    @arrowflin1 2 года назад +8

    Love the energy, mentality, and wisdom. “Work hard” love that advice. Seems like a simple concept but we need to be reminded. Be blessed my brother!

  • @joegowac4617
    @joegowac4617 2 года назад +24

    Never tell them what you want your monthly payment to be...just keep saying, "What is your out the door price"

    • @AmericanTrucker89
      @AmericanTrucker89 Год назад +1

      Whats that mean out the door price I'm about to go to the dealer for the first time lol

    • @RodNoReel
      @RodNoReel Год назад +2

      @@AmericanTrucker89 it means the tax added to the car

  • @JoshBusboy
    @JoshBusboy 4 месяца назад +1

    Bro dropped some super solid advice surprised this video didn’t get more views

  • @timmyheatz12
    @timmyheatz12 Год назад +5

    Rip to the under 20k 🚗. The landscape has changed ever since the chip storage. Now those new 23 accords are fetching for almost 40k and rates are silly af. Not to mention the 4k plus accessories they add on

  • @officialcarl1374
    @officialcarl1374 2 года назад +12

    I’m 18 finna get my first car thank you even tho this video old and I’m late

  • @truegrizzlesfan2292
    @truegrizzlesfan2292 10 месяцев назад +1

    Great video but this is why i always pay cash for my car. I got a 8th generation Toyota Camry from a private seller amd paid under kbb value with 90k miles.

    • @IJUSTWANNAFLYDJIDRONES71
      @IJUSTWANNAFLYDJIDRONES71 6 месяцев назад +1

      That’s great…on disadvantage is it’s doesn’t show as payment history with the credit bureau….but no payments good.❤

  • @oddior4276
    @oddior4276 2 года назад +111

    I’m only tryna pay 250-350 that’s it 😂

    • @ray-de-yolisten9934
      @ray-de-yolisten9934 2 года назад +17

      It’s best to focus on the out of the door price of the car and not just the monthly payment. It’s also best to do what this guy did, and keep terms under 5 years.

    • @LuckyFluke007
      @LuckyFluke007 Год назад +1

      4U a Chevy Spark!!! 💥💥💥

    • @Yoomaro
      @Yoomaro Год назад

      @@LuckyFluke007 yo credit must be fucked up 😂😂

    • @ryanharper4638
      @ryanharper4638 Год назад +4

      Bro I pay 280 with 1k down

    • @AlmightyKes
      @AlmightyKes Год назад

      @@ryanharper4638what car

  • @tevinmars1801
    @tevinmars1801 2 года назад +21

    Man my apr is 23% payment 528 for 19k car 22 out the door 😕, I was a wild boy in my 20’s

    • @tevinmars1801
      @tevinmars1801 2 года назад +2

      For a 2016 Honda accord sport with 90k miles

    • @ronnieochoa7849
      @ronnieochoa7849 2 года назад +1

      mind helping me with any info please. i found myself in a honda dealer and i love the civic sport 2022 sedan. but i’m not sure how to get a good deal. im only 20, did lots of research on a reliable car and i found that hondas are my best option

    • @amittanmay1926
      @amittanmay1926 2 года назад +1

      Are the TAXES/ REGISTRATION FEES Included in the Registration ?? Can someone please answer ??

    • @jimmyriley5361
      @jimmyriley5361 Год назад +5

      23%...WTF!!!!bruh...ain't no way Boi, ain't no way

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  Год назад

      Yes

  • @unknowncolored999
    @unknowncolored999 2 года назад +18

    I’m tryna buy a 13-16k car with 3.5k on downpay with 680 credit I’m I good?

    • @Thefaddie1
      @Thefaddie1 2 года назад +9

      You definitely should be

  • @jazmynedmonds3162
    @jazmynedmonds3162 Год назад +8

    So pretty much you went to the dealership and let them know you only had $500 to work with for the downpayment and then asked them if they can lower APR for you as well?

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  Год назад

      DM me on instagram I can explain better I’m voice message @TrevonGordonSr

  • @CHRIS-fp8bd
    @CHRIS-fp8bd 2 года назад +21

    Man I looked on Carvana for a $26k vehicle and they talking bout $17,800 for a down payment like damn is my credit that bad 😂😂😂

    • @Yrn.jrrr_
      @Yrn.jrrr_ 2 года назад

      Lmaooooooo ong

    • @rlpc93
      @rlpc93 Год назад

      😂😂😂😂😂😂

  • @jaeethabuddafly3400
    @jaeethabuddafly3400 2 года назад +21

    Wow, I bought a 2020 kia. Paid 2k down and pay $486 a month 😭😭😭car is 20k

    • @dominiquesullivan3374
      @dominiquesullivan3374 2 года назад +2

      Did they ask for your paystubs ? what fees did you have pay & what things already include with car ?

    • @Unknownn858
      @Unknownn858 2 года назад +1

      Nah I got scammed if that’s the case😕

    • @jaeethabuddafly3400
      @jaeethabuddafly3400 2 года назад +3

      @@dominiquesullivan3374 , paystubs yes .. only registration / dmv fees which was 1k and included with the 2k down payment

    • @dominiquesullivan3374
      @dominiquesullivan3374 2 года назад +1

      @@jaeethabuddafly3400 it all made sense to me I recently just got a car from dealership 2018 Hyundai Elantra Sel 12k milesss car note : $337 car insurance: $142

    • @dominiquesullivan3374
      @dominiquesullivan3374 2 года назад

      @@Unknownn858 how ?

  • @alexnice2221
    @alexnice2221 Год назад +1

    I got a 2% auto loan from my credit union before heading to the dealership.
    The dealership offered me 5% as the lowest rate. I kept laughing internally

  • @bugginoute
    @bugginoute Год назад +1

    you should have put more down bro😂 it’s obviously gonna be high with that low down payment

  • @killbill7046
    @killbill7046 2 года назад +10

    I got a 650 trying to put $5000 down a 15-17k hybrid bmw. You think that would be good??

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад

      You ever had a car loan

    • @eyeg5967
      @eyeg5967 2 года назад +3

      @@lifeoftreysempire2661 same question as him and I’ve never had a car loan before I’m 19 years okd

  • @baherchannel7288
    @baherchannel7288 Год назад

    It’s crazy you did i remember back at amazon you tell me that shit hard this vid pop up so you know I had to watch it brodie

  • @fbiquanticomemories
    @fbiquanticomemories 2 года назад +5

    I want an 2016 honda civic i have no credit but i wanna know an range i should put down?

    • @alejandromazariegos9223
      @alejandromazariegos9223 2 года назад

      If you don’t have the money don’t get into that, just get a use civic 2003 believe me you will save a lot. Dealing with dealer is not a good idea specially if you are broke.

  • @mikejvevo3153
    @mikejvevo3153 2 года назад +7

    Not gonna this car looks a lot better than the new accords

  • @harrmony
    @harrmony 9 месяцев назад +1

    That was a gangster video bro.

  • @coreysawyers9886
    @coreysawyers9886 2 года назад +4

    Love the 9th gen accord

  • @shamikagentle94
    @shamikagentle94 2 года назад +11

    I wonder if I could get my monthly payment lower on my first car, doubt it-- credit (720-750), term 66, car Audi 28k, didn't decide on what putting down, but quoted at 539.45$/mo. should I move forward?

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +2

      Dm me on Instagram

    • @amittanmay1926
      @amittanmay1926 2 года назад +1

      Are the TAXES/ REGISTRATION FEES Included in the Registration ?? Can someone please answer ??

  • @leiza638
    @leiza638 Год назад +1

    Good information would also like to ask a few questions cuz I'm in the process in going to a dealership but sometimes being a woman they take advantage. So need some advice. Thanks!

  • @Alex-uj9wf
    @Alex-uj9wf Год назад +1

    Great video

  • @keshaunclark6659
    @keshaunclark6659 2 года назад +3

    So if i want a 2023 k5 for $27,000 what should i put down to have more affordable monthly payments

  • @520GatoLOKO
    @520GatoLOKO 3 года назад +6

    new sub here! im from Tucson AZ! Right under you! wish i would have watched this video before i bought mine. I just bought a 2017 accord touring v6. how many miles did yours have when u bought it?

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  3 года назад +1

      Mine had 42k

    • @520GatoLOKO
      @520GatoLOKO 3 года назад +1

      @@lifeoftreysempire2661 cool, mine had 30k but like you said they raped me lol. 570 monthly payment $2000 down smdh

  • @Chee.Y4ng
    @Chee.Y4ng Месяц назад +1

    I’m tryna get a used 2020 Camry LE for $19,000 with a $3000 down payment. Y’all got any ideas on what I gotta do to negotiate with these dealing mfs?

  • @justblitzin7290
    @justblitzin7290 2 года назад +3

    I’m 19 planning on getting my first I wanted a challenger I have 5000 saved I was planning to put that into my down payment do you think that’ll be enough I have a 560 credit score

    • @raze_6474
      @raze_6474 2 года назад

      19 with poor credit a challenger is a bad choice for a first car unless youre already making bank cuz a dealer for sure will ask more than 5k, theyre gonna rip you apart.. Buy a used 5-10 year old car.
      Anyway your life your decisions.

    • @justblitzin7290
      @justblitzin7290 2 года назад

      @@raze_6474 I don’t know what you mean by making bank but I’m getting paid 21 an hour I live with my parents and pay no bills so idk

    • @justblitzin7290
      @justblitzin7290 2 года назад +1

      I bring home 1200 a week so I don’t see why i wouldn’t be able to afford it

    • @raze_6474
      @raze_6474 2 года назад +1

      @Just Blitzin Well you if make 1200 a week with little to no bills then you can afford anything

    • @justblitzin7290
      @justblitzin7290 2 года назад

      @@raze_6474 thanks man I really just need advice I appreciate it hopefully I can get it I don’t really want nothing super expensive probably a 20-30k car

  • @amittanmay1926
    @amittanmay1926 2 года назад +3

    Are the TAXES/ REGISTRATION FEES Included in the Registration ?? Can someone please answer ??

  • @natoriashepard4795
    @natoriashepard4795 Год назад +1

    soooo what about being 18 with no credit …

    • @tae-007
      @tae-007 4 месяца назад

      Bend over and get penetrated prolly looking at 20%apr on a $10,000 car

  • @Chriis2x_
    @Chriis2x_ 2 года назад +8

    I’m buying my first car tomorrow and I’m trying to put down 1300 without any credit any tips ?

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +1

      This your first car how much is the car

    • @Dzptt23
      @Dzptt23 2 года назад +2

      @@lifeoftreysempire2661 I want to put a down payment on a 2016 Ford Fusion without credit (my first car) how much should I put down and how much should I negotiate or expect to pay monthly??

  • @GPUFF390
    @GPUFF390 2 года назад +5

    My credit scores is 630 am I good for downpayment

  • @Re_Re1017
    @Re_Re1017 2 года назад +4

    Hey 👋🏾!!! I’m new to this . I want a 2019 Honda Accord sport 2.0t … what would be the best to go in for a down payment ?

  • @taybandssss
    @taybandssss 2 года назад +4

    I just purchased a 2014 Chevy Cruze LTZ my first time ever having a car note traded my 2009 Pontiac G6 (paid off) in and they gave me $1k for it and I had to put $500 down my apr is 17% payments are at $322/month for a 72 month term is that pretty decent considering my credit was at a 625 and it’s my first car note?

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад

      How much was the car

    • @taybandssss
      @taybandssss 2 года назад

      @@lifeoftreysempire2661 after taxes and everything came to be $14,203.18

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +1

      @@taybandssss your paying $8,981 in interest that’s not good

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +3

      @@taybandssss you want to stay under 8%

    • @taybandssss
      @taybandssss 2 года назад +1

      @@lifeoftreysempire2661 so is it best to pay the first car payment all in one the first time and then start paying every 2 weeks to lower the interest? Or should I just start out paying every 2 weeks?

  • @mayagang1957
    @mayagang1957 2 года назад

    I want a 2018 Honda Accord I been looking for I’m going 4 down with a 638 credit score am I okay

  • @757_broly4
    @757_broly4 2 года назад +13

    I’m trying to get a 27k car and my down payment is 6k with a credit of 735 should I be good?

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +3

      Did you ask to put that down or they told you that

    • @757_broly4
      @757_broly4 2 года назад +9

      @@lifeoftreysempire2661 I was trying to put 20% down this is my first car loan and idk if ima get approved so I was trying to do more but I’m going through navy fed

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +16

      @@757_broly4 never tell a dealership you have that much if you have that much credit $0-500 down

    • @757_broly4
      @757_broly4 2 года назад +4

      @@lifeoftreysempire2661 💯 thank u 🙏🏾

    • @alejandromazariegos9223
      @alejandromazariegos9223 2 года назад +2

      @@lifeoftreysempire2661 bad advise, just save your money and give a good down payment in order to get lower payments and then fishing paying the car fast making plans to pay extra everytime you can.. but to be honest is you can’t pay the car in cash that means you can’t afford, unless you make 80k a year.

  • @brianmabone1643
    @brianmabone1643 2 года назад +6

    What would be the best down payment for a 2018 Honda Civic or any car that’s $15,000-20,000

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +1

      Depends on credit

    • @brianmabone1643
      @brianmabone1643 2 года назад +1

      @@lifeoftreysempire2661 my credit score is 780 and I’m only 20 u think that’s good enough?

    • @aaronx357
      @aaronx357 2 года назад

      @@brianmabone1643 2k

  • @kgreene4u
    @kgreene4u Год назад +1

    I put 500$ down & I only pay 389$ a month

  • @SyedMT
    @SyedMT 2 года назад +1

    Why don't people just get it on full payment? I see mostly people getting cars on credit which really bothers me even after having it with you you don't even have the full ownership to it..

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад

      Do you rent or you do you have a mortgage

    • @SyedMT
      @SyedMT 2 года назад

      @@lifeoftreysempire2661 I don't pay anything to the owner since I've bought the property on full payment.. no mortgages neither I'm on rent

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +1

      @@SyedMT do you don’t build credit

    • @SyedMT
      @SyedMT 2 года назад

      @@lifeoftreysempire2661 I belong from Pakistan so we are not that much familiar with building and making credit scores since mostly things here are bought on full payments rather than going for monthly installments

    • @SyedMT
      @SyedMT 2 года назад

      But i do really want to know the theory behind this process, can't people just pay full payment at once at get free from this monthly payment system? Rather than increasing expenses at the end of their month

  • @AmericanTrucker89
    @AmericanTrucker89 Год назад

    What is your credit score ?

  • @Kw_Torres
    @Kw_Torres 2 года назад

    How much do you make a month?

  • @LifeofDezz
    @LifeofDezz 2 года назад +5

    I want to get this 2016 dodge challenger for 19.5k but I was gone put down 2k with a 700 credit score and a co signer is that smart or should I get a cheaper car

    • @YoungBamily
      @YoungBamily 2 года назад +5

      That is smart, if anything you can go with cheaper to save. But we only get one life. Why can’t we have the finer things in life ? 😊

  • @physhco10
    @physhco10 4 месяца назад

    I’m paymet is 786 months wait no down payment

  • @bangtan4342
    @bangtan4342 2 года назад

    Frfr!!! 💯💯💯💯

  • @dominiquesullivan3374
    @dominiquesullivan3374 2 года назад +8

    Thank for this video 💪🏾💯! I want get 2018 Hyundai Sonata credit score 700 i want at least my car payments be around $290-340 first going be my first car going thru navy federal credit union I was lowkey nervous they try scam me even tho going with my grandpa 😬

  • @errbodyidol6493
    @errbodyidol6493 Год назад +1

    Better hav Vaseline 😭😭

  • @ayeayekaying
    @ayeayekaying Месяц назад

    Excuse me 🤣🤣🤣

  • @joseluisorozco5123
    @joseluisorozco5123 2 года назад +1

    let’s just say I had 92% of the down payment cash would there be problems

    • @YoungBamily
      @YoungBamily 2 года назад +3

      Lol, might as well save the 8% and pay the full 100%.

  • @Beri-zv9ns
    @Beri-zv9ns 6 месяцев назад

    I.need a car,dont know anything about cars. Just need advice. Not an expensive one hoo

  • @bangtan4342
    @bangtan4342 2 года назад

    100% 💯💯💯💯

  • @legoatjames6531
    @legoatjames6531 2 года назад +3

    My credit is 750 rn only tryna put down 1500 can it work

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +4

      With 750 you can put 0 down

    • @legoatjames6531
      @legoatjames6531 2 года назад

      @@lifeoftreysempire2661 much appreciated

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад

      @@legoatjames6531 have you financed anything

    • @legoatjames6531
      @legoatjames6531 2 года назад +1

      @@lifeoftreysempire2661 Just turned 22 built my credit with bills and credit cards and I’ve recently paid a vehicle off, but the one I wanna get is a lot better than my current

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад

      @@legoatjames6531 okay your good

  • @alejandromazariegos9223
    @alejandromazariegos9223 2 года назад +2

    Bro you look at that car like if it’s your last prosperous score in your life, I rather putt my money in something that it’s going to bring more money, like in a truck with tools to do my own jobs in construction. That Honda in 2025 will worth less and you will be still paying for it will be old and you will probability thinking on getting another depth. So good luck giving your money to the dealers.

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +1

      Lol 😂 the dealers I went to my credit union

    • @alejandromazariegos9223
      @alejandromazariegos9223 2 года назад

      @@lifeoftreysempire2661 accept it you are vivir away your money. You will be broke and the dealer will be rich is simple math.

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +2

      @@alejandromazariegos9223 no not really 36 month term you have a house or apartment

    • @alejandromazariegos9223
      @alejandromazariegos9223 2 года назад

      @@lifeoftreysempire2661 well it is because is 3 years and in 3 years paying 500 is a lot plus insurance, in 3 years the car will be less and maybe you will not like it and get another one it’s always like that, you should save 10,000 buy a car cash and just save and save until that car is not good no move and believe me you will have enough to get a real brand you car

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +3

      @@alejandromazariegos9223 it’s not your money why does it matter

  • @saucyvocalsnetwork6324
    @saucyvocalsnetwork6324 Год назад

    Sheesh

  • @alejandromazariegos9223
    @alejandromazariegos9223 2 года назад

    Even 520$ is too much dude. Brag 2500 down you are broke dude.

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +3

      😂

    • @imbrihimsalah7344
      @imbrihimsalah7344 2 года назад

      @@lifeoftreysempire2661 hey bro the car is 2018 civic for $22k final price I’ve got $15k to put down good buy?

    • @Camaro2ssboy
      @Camaro2ssboy 2 года назад +1

      Ong he should’ve got a sports car and pay that much

    • @lifeoftreysempire2661
      @lifeoftreysempire2661  2 года назад +3

      @@Camaro2ssboy if your paying $520 for 36 months that’s not to much lol most of the time people get 60 months or 72 months so if I pay 520 for 36 months do the math the car was $18,000 out the door