* New vs. Used: New car payments are significantly higher than used car payments.
* Loan term: Longer loan terms result in lower monthly payments but higher total interest paid.
* Interest rate: Interest rates fluctuate, impacting the monthly payment. Credit score plays a huge role here.
* Vehicle price: The initial cost of the car is the biggest determinant of the payment amount.
* Down payment: A larger down payment leads to a lower monthly payment.
* Region within California: Cost of living and car prices can vary across the state.
While specific numbers from various sources fluctuate, you'll find estimates ranging from $500 to $800 or more per month. However, it's crucial to understand that this is a broad range and your individual payment will likely fall somewhere within that spectrum, but could be significantly higher or lower depending on the factors listed above. To get a more accurate idea, you should use online car payment calculators and input your specific circumstances.
