How Much is a Camaro Monthly Payment?

October 26th, 2018 by

2018 Chevrolet Camaro parked on street

While you love driving your Chevy SUV in Schaumburg, do you still dream of the thrill of owning a Camaro of your own? It’s a hard dream to give up, and you don’t have to! How much is a Camaro monthly payment? With the Biggers Chevrolet’s car lease calculator, you might find out that a new Camaro is within your means.

2020 Camaro Features

Before we ask how much is a Camaro monthly payment and using the car lease calculator, let’s take a look at the 2020 Camaro. It has the mind-blowing power you remember, but is also loaded with luxury and comfort features that make it a great balance for driving around Streamwood:

  • How much power does the 2020 Camaro offer? 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.
  • You can also choose between a convertible or a hardtop.

How Much is a Camaro Monthly Payment?

There are several factors at play in calculating your budget. How much is a Camaro monthly payment in the Bartlett area? A Camaro currently starts at $25,000 MSRP. You’ll also need to allow for your monthly insurance payments and any registration and licensing fees. You can start by using our car lease calculator:

  1. Down payment – the Camaro’s price = amount you owe. Let’s say you’ve saved $5,000 to put toward your down payment. ($25,000 – $5,000 = $20,000)
  2. $20,000 – your old car’s trade-in value = amount you owe. Let’s assume your trade is worth $3,000. ($20,000 – $3,000 = $17,000)
  3. $17,000 + Illinois car sales tax of 6.25 percent if you trade-in is less than $10,000 = amount you owe. ($17,000 + $1062.50 = $18,062.50)
  4. 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. ($17,680 + $ 903.13 = $18,965.63) You can find out your exact interest rate by applying for financing now.

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

  • 48-month loan — $396/month
  • 60-month loan — $316/month
  • 72-month loan — $264/month

Find Your Camaro at Biggers Chevrolet!

Browse our selection of the 2020 Camaro from the comfort of your home! Contact us with any questions about the Chevy Camaro price and leasing options.


*Vehicle pricing includes all rebates and incentives. Tax Title and Tags not included in vehicle prices shown and must be paid by the purchaser. While great effort is made to ensure the accuracy of the information on this site errors do occur so please verify information with a customer service rep. This is easily done by calling us at 866-431-1555 or by visiting us at the dealership.

Posted in Auto Financing