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Is this a suitable D/P?

1727 Views 23 Replies 10 Participants Last post by  HunterA
I was just wondering if around 8000 is good for a d/p, i am 19 in college and wait tables for a good amount of money and I want to have fun for the rest of my college days. I make about 60/day.
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Bigger is always better right. I think 8k is a good start but the more you have the better off you'll be. If the STi comes in at $32k you still need to add tax, title and license (not sure how much but lets tack on 3 grand). You have to finance 27k. For 60 mo's @ 5.5% your car payment will be $515.73 not including your insurance. If it's 35k before tax, title and license. It only gets worse.
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