Here at 86^th Street Chevrolet, we’re dedicated to providing every possible advantage and option to our customers who are looking to purchase or lease a car in New York. Our friendly and helpful staff is on hand to provide all the advice and information you need. We want to make sure that all of our clients are taken care of and thoroughly satisfied with their car shopping experience.

This page provides you with the tools you need to make those important and necessary decisions before committing to your purchase or car lease in New York. Our specially designed payment calculator has been created to give you a reliable figure you can compare to your monthly budget, ensuring that your New York car leasing or purchasing experience is a boon and not a burden!

To use our payment calculator, simply follow these five easy steps:

1. Enter the total price of the vehicle you want in the “Purchase Price” field. Remember to include any taxes or other fees in this total for the most accurate results.

2. In the “Term of loan” field, enter the term of your loan in months. Some common loan terms include the following: 3 year terms are 36 months, 4 year terms are 48 months, and 5 year terms are 60 months.

3. Enter your qualified interest rate in the “Interest rate” field. If you’re not sure which interest rates you qualify for, please contact our finance department for more information.

4. In the “Down Payment” field, enter the amount of money you are paying down on your new vehicle. Remember that larger down payments mean smaller payments and less interest paid overall!

5. Once you’ve entered all the appropriate data in the fields above, click on the “Calculate” button to get a preview of your payment. It’s that easy!

Remember, if your payment comes out too high, there are several ways to reduce it – and these tips work whether you are pursuing a purchase or leasing a car in New York:

1.      Increase your down payment. This is the most effective way to lower your payment, since it will also decrease the overall amount of interest you pay over the term of your loan.

2.      Increase the length of your loan. While this will reduce your payment, it also means your loan will take longer to pay off, and you will pay more interest over the life of your loan.

3.      Reduce your purchase price. If all else fails, it might be wise to try searching for a less expensive vehicle. While this is certainly not the ideal solution, it beats going without a car!

Also, while these tips work for purchasing new vehicles, they also work for our customers who are interested in our programs for car leasing in New York. For more information on our New York car leasing programs, please contact your representative or call our dealership directly!