New Cars Under $300 per Month

New Cars Under $300 per Month

Harry Lloyd

Cars Under 200 per Month

Staying affordable

Knowing exactly how much you will have to pay every month for your car payment is a great thing. It allows you to carefully budget your expenses, all while keeping a new car on the road.

One of the most popular price ranges for car buyers is finding payments for new cars under 300 per month. It is a very realistic figure, and the options open to you here are pretty wide open. You can choose most manufacturers' compact sedan selection, and even some new car deals on midsize pickup trucks, crossover SUVs and more.

The trick to getting these cars to only cost you $300 a month is all in how you get your auto finance. Getting favorable terms, rates and conditions is the only way to muscle your payment down below the 300 mark.

Here are some different new cars that you can realistically get for less than $300 a month. These are just a few to show you the variety of vehicles that could possibly qualify. We will assume that each loan is for 60 months, with a 3% interest rate and 6% sales tax.

New Honda Cars Under 300 Dollars a Month

2012 Honda Civic	Price	Down Payment	Car Payment per Month
	$15,700	$1600	$269
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2012 Ford Cars Under $300 per Month

2012 Ford Focus	Price	Down Payment	Car Payment per Month
	$16,550	$1700	$284
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Chevy Vehicles for Under 300 Month

2012 Chevy Cruze	Price	Down Payment	Car Payment per Month
	$16,970	$1700	$292
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New GMC Monthly Car Payment Under $300

2012 GMC Canyon	Price	Down Payment	Car Payment per Month
	$17,700	$2000	$300
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2012 Kia Autos for Less than 300 a Month

2012 Kia Optima	Price	Down Payment	Car Payment per Month
	$19,250	$3500	$303
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New Toyota Cars for $300 per Month

2012 Toyota Prius C	Price	Down Payment	Car Payment per Month
	$19,465	$3900	$300
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Get that low price

The first thing you really need is to secure a loan that is designed to keep your monthly payment low. There are a few things you have to do to accomplish this, but you won't get very far if you do not have a good enough credit score to qualify for lower interest rates.

You will also need to stretch the loan out as long as possible, 60 months at least. This will end up costing you more in interest down the road, but that is really the tradeoff you live with for a cheap monthly payment.

You can also see that many of these are cars under 20000 dollars. You have to stay realistic in your choices, and it is critical to make the biggest down payment you possibly can. Most national dealers require 10% at the very least, so try to shoot for above that.

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