How Much Is A Camaro Monthly Payment?

chevy camaro

When you’ve dreamed of driving your very own Chevy Camaro around Deptford, you might think it’s financially out of reach. How much is a Camaro monthly payment, anyway? Have you looked at the price of a Camaro and taken advantage of your favorite car loan or car lease calculator? Your dream might be within your reach! Let’s break down the price of a Camaro with Chevrolet Of Turnersville.

How Is Your Monthly Payment Calculated?

There are several factors at play in calculating your budget. How much is a Camaro monthly payment in the Voorhees area? A Camaro currently starts at $25,000 MSRP. Here’s how your monthly payment is calculated:

  • Subtract your down payment from the Camaro’s price. Let’s say you’ve saved $5,000 to put toward your down payment.
  • Calculate the trade-in value of your old car. For this example, we’re going to assume your trade is worth $3,000. We’ll also assume that you put the whole trade-in value towards the cost of your new car.
  • New Jersey car sales tax is seven percent. You’re going to add that to what you pay.
  • If you have average credit, your auto loan interest rate will be around five percent. Add that to the total price of your loan amount.

Using our examples, here’s your options for the monthly payment:

  • 48-month loan — $431/month
  • 60-month loan — $353/month
  • 72-month loan — $301/month

You can calculate your own customized payment with either a car lease calculator or a car payment calculator, depending on if you plan to buy or lease your new Camaro. You’ll also need to include any extra registration fees and monthly insurance to your cost. Explore the cost of Camaro insurance today!

2020 Camaro Features

What do you get for your money if you buy a 2020 Camaro for driving fun in Cherry Hill? Along with the classic muscle car thrill of driving a Camaro, you’ll enjoy available amenities such as:

  • Up to 650 hp and 650 lb-ft of torque from an engine that takes you from zero to 60 in 3.5 seconds.
  • Five trim level options, including the classic Camaro SS.
  • Your choice of convertible or hardtop.
  • Luxury touches like heated seats, a heated steering wheel, power seats, aluminum driving pedals, and more!

Finance Your Dream Camaro With Chevrolet Of Turnersville

Get started on making your dream a reality when you apply for financing online with Chevrolet Of Turnersville. We get your financing options to you quickly, so you can calculate your own Camaro monthly payment with ease.