goliath

go to kbb.com they have calculators that will tell you your payment based on length of load, amount and APR.

CRJ

just bought mine used. 2011 XTR crew 5L short box, in MINT shape with 35,500 miles or 59,000 km right now. I put 5K down and pay 386. its over a 6 year but ill have it paid by 4.5 years.

MCDavis

iTrader: (1)

It's exactly what the CFO (wifey) and I decided we could afford. I won't be getting rid of this one for a long while (our first new vehicle - not preowned) so I've got 72 months. Rate is 1.9%. The final amount per month?? Well that's for me and her...it's a lot...after all we bought a truck with a $56k sticker but paid much less.

Anthony86

if you are buying a new truck you should use truecar.com
you can get some useful info there.

but your decision should not be based on monthy payment.
listen to others that posted earlier.

the out the door price on the truck
down payment
interest rate
fees

all that goes into the price of the truck.

on my 14' XLT 5.0 screw...i got almost 10k off the sticker price..which is pretty decent.

EricTheOracle

On my 2011 Lariat, I took out a five year note for 18K at 2.49% when it was new to create a line of credit to help keep my credit score high. Payments are $325, and I typically pay $400, and occasionally higher.

I can pay the truck off at anytime but the line of credit and its increasing age helps increase my credit score.

jgiddy

Thinking first about the monthly payment isn't good... instead you should negotiate the sale price, using invoice prices from truecar.com as a reference point. That'll get you in the best position to get the best possible price.. Only after that's a done deal should you start talking about the monthly payment/financing terms. By discussing the monthly payment before anything else, you're giving the salesman an opportunity to shark you.

LNCHBOX

Are trucks just super expensive in Canada? You're paying $32800 for that truck.

ns_redneck

they are alot more up here yes.

FordEver

Too Much!!!!!!!


Don't get hung up on a payment. Find what you like and is reasonable to you for an out the door price. Then look at term, rates....etc. I took my last truck and new truck for 5 years at about 2.49% at my local bank. Better than Ford rates at that time. I am comfortable with the payment.....and thats all that matters. like was mentioned here, you are gonna get a bunch of different answers, because there are so many variables.


Bottom line is.... Can YOU afford it????

jmdavis333

It really depends on alot of factors, term, % rate, downpayment/trade in.

Mines ~$450/month with 4.5% and a 4 year loan.
But I put down quite a bit and my trade was paid for.