GenVibe - Community for Pontiac Vibe Enthusiasts

I just got my Vibe about a month ago now and I've been wondering something about the whole shopping experience since then. And reading today I saw somebody talk about having to return their Vibe because of a loan issue so I decided to post this question to you all.I just want to gauge and compare what we all are paying for our Vibes. I had a really high annual percentage rate with my first Vibe but got a lower one with the new one.Old #'s329.30 a month17% APR72 MonthsNew #'s405.07 a month8.29% APR72 MonthsI had to really fight with the new dealer to get this rate too. They originally gave me a rate of 11% and a payment of over 430 bucks. I was like HELL NO! I'm now paying over $75 then what I used to but I have a brand new car with low miledge (75 mile when I drove off the lot). The old Vibe was about to hit 70K soon and it was an '03. I do a lot of driving everyday so it was important to get something with low miles.BTW...This is all just a whim so you don't have to post anything if you want but you can chime in with your thoughts.EDIT:Added months!

Another big factor in your monthly payment is the term. How many months is your loan? EDIT: OK - you state 72 months not once but twice!How about the amount financed? Was there a large balance that you rolled over from the first loan?

I got mine through GMAC at 5.9 for 72 months. My payments run me 370 a month.Oh and its a new Vibe.Just out of curosity, why did you trade in your vibe when it only had 70K miles on it? Was there something wrong with it? The reason I ask is because I drive about 90 miles a day(all highway).

3.49%, 60-month loan through a local bank.

5.9% * 72mo = $540mo! Yep, with $9k upside down on a POS C230 my wife paid way too much for that started breaking down, we paid $27k for a base Vibe fully loaded w/ M&T! It sucks, but I still love it!

Quote, originally posted by lazerus06 »Just out of curosity, why did you trade in your vibe when it only had 70K miles on it? Was there something wrong with it? The reason I ask is because I drive about 90 miles a day(all highway).Becuase it was way too many miles for a two year old car. Plus it had all kinds of little things wrong with it. And I figured I'd get a new one and pay a little more. I'm paying a bit more then what I wanted but I'm ok wih it.

mine's like 3.8 or something, ill try to remember to check a payment receipt when i get home(350 a month)

Zero...cash only for me!

Quote, originally posted by damronjr »5.9% * 72mo = $540mo! Yep, with $9k upside down on a POS C230 my wife paid way too much for that started breaking down, we paid $27k for a base Vibe fully loaded w/ M&T! It sucks, but I still love it!WHOAH!

Originally 6.5% - 60 months and way more a month than I wanted...Like $445. Bought it brand new in Apr 2002 and traded in an unpaid for car so that added to the cost...Refinanced I think at 5% for 60 months, now $330 a month. I figured I'll end up paying $200 dollars more when all is said and done, but I need the extra $115 a month at this point and I can always pay more when I got more.

Quote, originally posted by merckx56 »Zero...cash only for me!How much did you pay in cash?

Quote, originally posted by sloth »Refinanced I think at 5% for 60 months, now $330 a month. I figured I'll end up paying $200 dollars more when all is said and done, but I need the extra $115 a month at this point and I can always pay more when I got more.How long after getting it did you refinance? I want to do the same sometime down the road when it's available to me. I still think what I pay is too much for what I got.

Quote, originally posted by ProVibe »WHOAH!Edit: Here's the right info:Original Loan Balance: $27,964.91 Origination Date: 01/26/2004 Term(months): 60 Interest Rate: 5.500% Not as bad as before! Still sucks! Still $540/mo!

0% interest and 36 month loan at $560 a month is what i was paying.

Quote, originally posted by tangerine »0% interest and 36 month loan at $560 a month is what i was paying.Where did you get that deal? Bank?

through GMAC in august of 03

Quote, originally posted by tangerine »through GMAC in august of 03You must have really good credit.

I'm actually not sure where my credit stands. We were told the faster we pay it off the lower the interest. We were gonna go 24 months but he told us 36 months we'd get 0% interest so we dicided to do that since i also found that I'd be paying $410 a month in insurance with no accidents or tickets on my record. We still can't figure out why my insurance company clasified this car as a sportscar.

Quote, originally posted by tangerine »I'm actually not sure where my credit stands. We were told the faster we pay it off the lower the interest. We were gonna go 24 months but he told us 36 months we'd get 0% interest so we dicided to do that since i also found that I'd be paying $410 a month in insurance with no accidents or tickets on my record. We still can't figure out why my insurance company clasified this car as a sportscar.Oh. That is weird. Mine was clasified as a wagon. My insurance also went up with the new car but not much. From $108 to $122 a month.

hell, my insurance is cheaper than it was with my cavi!!$410 a month???? my full coverage is only $150 a month and im only 23! it's time to check around my man.

my expensive insuance is my supra which is a little over $500 a month but thats because its a track car and i was told if i take it out on the street my insurance on it will be canceled.edit: my insurance is high because it was upped to $100,000 coverage. $20,000 won't cover hospital billls, new car and lawsuits if you get into a bad accident. My dad said he's got us setup like that because you never know what gonna happen..like what happened to my vibe yesterday..

Quote, originally posted by tangerine »my expensive insuance is my supra which is a little over $500 a month but thats because its a track car and i was told if i take it out on the street my insurance on it will be canceled.HOLY MOTHER OF CHRIST!

I think I refinanced after about 2 years maybe 18 months.Those insurance premiums are outragious. I pay 415 every 6 months.

gotta look at the 2 factors, age and coverage amount, I used to complain about how much i pay when I pay more a monthe then friends pay in 6 months but my dad told me its because of the coverage he has us at.

We pay our 2004 Vibe $264 month for 72 months at 6.825% I think. State Farm Insurance about $180 for Vibe with full coverage and my truck with lowest insurance.

Quote, originally posted by DaddyVibeMI »We pay our 2004 Vibe $264 month for 72 months at 6.825% I think. State Farm Insurance about $180 for Vibe with full coverage and my truck with lowest insurance.That's pretty good. The insurance is a little high but the payment is not bad at all. I'm gonna definately refinance when the time comes.

Quote, originally posted by ProVibe »How much did you pay in cash?I'm also strictly cash. Bought new 03 monotone GT in June 03:Sticker = $21Knegotiated dealer price = $18,500 (car had been taken for one of GMs "24 hr test drives" had approx 200 miles on it, that helped me get em down on price!)GM rebate = $2,000GM Card rebate points $3,500net price $13,000. Sales tax and Calif registration = $1,160dealer "doc fee" $35.Out the door $14,195.

Quote, originally posted by ProVibe »How much did you pay in cash?They wanted $16900. I am three hours from the dealership that had it on the lot. I called and told them I had $14500 cash out the door...30 minutes later, I got a phone call saying they'd take it. I gave them $500 deposit over the phone and asked that the paperwork be ready when I got there. It was and we were there for 15 minutes.As the saying goes...money talks and BS walks!

Wow! Great deals indeed. If I had the money I would've done the same thing.

Re: Insurance...A $100k limit is always going to be MUCH more than a $15k/$35k limit ($15k per person, $35k aggregate per accident...that'll cover maybe a few days in the hospital, let alone the treatment!)

Quote, originally posted by ProVibe »Wow! Great deals indeed. If I had the money I would've done the same thing. Well, to some extent it is a choice. The last time I'd purchased a car was April 1993 and paid off the loan in 1995. So drove the same cars for 8 more years before buying again. 8 years without car payments makes for a nice savings plan. Of course there were a few hefty repair bills along the way, but nothing like a car payment. Also, there is not a heckuva lot of depreciation on the value of a car that is 8 yrs old to one that is 10 yrs old!

Monthly = $311.92APR = 5.45%Months = 72

Monthly $27572 months. (can't remember my APR off the top of my head)Insurance for 03 Vibe Base, 00 Neon, and renters insurance for our apartment = $207/month.

zero percent $325.00/ month, for me.

2003 Vibe GT (bought new in '03)$2355.25%48 months2004 GTO (lease)$145 24 months(This is what it works out to. Actually just paid for the entire lease up front when I picked it up.)

Quote, originally posted by Nervous_Dog »2003 Vibe GT (bought new in '03)$2355.25%48 monthsWow! Nice deal. Hopefully I can get something like that when I refinance.

$299/month (GMS price with $500 of lease payments from my alero rolled in)0% interest (yay GM financing offers!)60 monthsinsurance for my 03 vibe and an 05 9-2x is $230/month. rates depend a lot on where you live too...

we had the cash, but when i saw that 0% for 36 months didn't have a 'penelty' of increaseing the price of the vibe, i decided the money is better in my bank than theirs!so we calculated what we felt was a managable monthly payment...multiplied it by 36 months and that's how much we financed....then payed the remainder in cash!i have to agree...0% GM financing is nice!

Monthly- $241APR- 0.00%Term- 60 monthGod I love it!

Quote, originally posted by Viben’ round »Monthly- $241APR- 0.00%Term- 60 monthGod I love it!Man. Now I see why I needed good credit. Holy Shaizzer!

I bought my Gt with 14700 miles on the OD. Stickered for 22350 when new.Paid 13790. After taxes and and 4.1 APR and ZERO down. 287.53

i pay 192$ a month thats at 12%apr for 60 months i think

Quote, originally posted by OrangeGT »I bought my Gt with 14700 miles on the OD. Stickered for 22350 when new.Paid 13790. After taxes and and 4.1 APR and ZERO down. 287.53Not bad, not bad at all.

Quote, originally posted by tecton »i pay 192$ a month thats at 12%apr for 60 months i thinkReally good payment, but the APR is a bit high.

5.5% through a local bank, first loan ever. Payment doesn't matter since we put a decent chunk down. Been making double payments anyways to get the principle down as well.

I pay 280.00 a month @ 0% interest for 60 months thanks to GMAC financing. Traded in a Sunfire I was still paying for, but at least it wasn't upside down so it had a little equity. Didn't put a dime out of pocket down.I pay only 185.00 every six months for insurance, so what is that about 31.00 a month. My insurance went down substantially when I got the Vibe from when I had the 2 door Sunfire. Almost as cheap as my wife's Montana but that is even cheaper since it is a minivan!

im paying $335 a month for 72 months at 1.9%my original balance was about $22k Vibe GT brand new