Going to buy a 2001 Pontiac Grand Am GT?

[Josh]

I'm 17 and am thinking about buying this grand am which is $5000. I know I have to have a co-signer for the loan. My question is; if I make a $1000 down payment, what do you think my payments will be per month? What will the length of the loan be? And what would full coverage insurance cost per month for a 17 year old male?

 

[melsg5]

all these questions are dependent upon a lot of factors which you have not given. What is the loan rate? You have to tell us what he length will be it varies. Same with insurance. You have to go to a bank to answer your loan questions and the insurance questions can be answered at an insurance company website.

 

[Zimgxp]

Go online and find a loan calculator. If you input your numbers, it will give you a payment amount.

 

[[ChaosweaveR]]

It all really depends on how you want to spread out payments on the car.

I paid $8000 on my GAGT back in July 07, but I made my minimum payment $157 a month (over a five year spread) and it depends on the interest rate as well.