What is the price range of a vehicle that would be for a car payment of around $200-$230 a month for 5-6 years?
I hate taking a car loan out for more than 3-4 years on a used car. But if you finance $12000 @ 5 years, your in the range you posted. All depends on the interest rate, taxes, fees, title registration, etc. So you actually need to look at a car for $11K...http://www.bankrate.com/calculators/auto/auto-loan- calculator.aspx?ic_id=story_adviser_auto_globalnav