How much would the monthly payments be on a 1994 Ford Mustang? - Mustang Evolution

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Old 08-26-2009, 12:00 AM   #1
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How much would the monthly payments be on a 1994 Ford Mustang?

The price is $8,999 and it will be around 7% intrest.
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Old 08-26-2009, 12:24 AM   #2
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How much would the monthly payments be on a 1994 Ford Mustang?

First off a bank won't loan money on a old car, if they did it would be a personal loan... that leaves a car lot with 20% financing or your friends or parents.. but it all depends on how much u put done and how long u want to take to pay it back..
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Old 08-26-2009, 12:54 AM   #3
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How much would the monthly payments be on a 1994 Ford Mustang?

We would need more info,

Like how much are you going to put down, and for how many years you want the payments to stretch.

It all depends on that. Monthly payments could be anywhere between $150 to $1000 a month.


$9K for a 1994 Mustang seems kinda steep. Im hoping this is a Cobra or something special.
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Old 08-26-2009, 01:38 AM   #4
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How much would the monthly payments be on a 1994 Ford Mustang?

First off, i would say you are paying too much for a 94 mustang, unless it has a new engine in it.

Also, how many months are you wanting to pay it off in? For a 3 year plan, it shouldn't be more than $275.00 a month. 5 years, it shouldn't be more than $175.00 a month.
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Old 08-26-2009, 02:04 AM   #5
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How much would the monthly payments be on a 1994 Ford Mustang?

thats WAY WAY WAY too much to pay for that car man, i just sold my 1994 mustang for $2000....i'd shop around dude
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