Chevrolet Sonic Loan Calculator

Our Loan Calculator display shows you how your Chevrolet Sonic loan balance compares to the ongoing value of your vehicle. With financing, each monthly payment will reduce the balance of your loan. Unfortunately, during this same period, your vehicle's resale value will decline as well. The purpose of this tool is to show you how you can finance your Sonic to ensure that your loan balance declines faster than the value of your vehicle.

With your results below, the goal is to have the shaded area be entirely green. This likely means that the value of your vehicle will always be greater than your loan balance. If you see yellow or red, your loan balance at some point will be at or above the value of your vehicle. You want to avoid this as we describe here. For the best financial outcome, adjust your loan terms, or choose a vehicle that doesn't depreciate as rapidly.

Chevrolet Sonic Payment & Amortization Calculator

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$0$2k$4k$6k$8k$10k$12k$14k$16k$18k01234567Projected Resale ValueBalance Exceeds ResaleBalance Near ResaleBalance Below ResaleVehicle Age in YearsChevrolet Sonic Resale Value vs Loan BalanceChevrolet Sonic Resale vs Balance
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Refinancing an Auto Loan

Refinancing an auto loan means taking out a new loan to replace your current one, usually to get a lower interest rate or better terms. This can lower your monthly payments or save you money on interest over time. It's a good option if your credit score has improved or if interest rates have gone down, but it's important to make sure the benefits outweigh the costs. Use the form below to see the best rates available from reputable lenders instantly.

Chevrolet Sonic Projected Resale Value vs Loan Balance

Year Resale Value Loan Balance Difference
0 $19,020 $15,216 +$3,804 (20%)
1 $16,555 $13,098 +$3,457 (21%)
2 $14,803 $10,830 +$3,973 (27%)
3 $12,458 $8,398 +$4,060 (33%)
4 $12,308 $5,791 +$6,517 (53%)
5 $11,718 $2,995 +$8,723 (74%)
6 $11,125 $0 +$11,125 (100%)

Chevrolet Sonic Monthly Payment

Loan Term 72 Months
APR 6.99%
Paid in Full Jan, 2031
$259.34
Total Principal $15,216
Total Interest $3,454
Total Cost of Loan $18,670
$259.34
Loan Term 72 Months
APR 6.99%
Paid in Full Jan, 2031
Total Principal $15,216
Total Interest $3,454
Total Cost of Loan $18,670

Chevrolet Sonic Loan Amortization

Month Interest Principal Balance
Feb, 2025 $88.63 $171.00 $15,045.00
Mar, 2025 $87.64 $172.00 $14,873.00
Apr, 2025 $86.64 $173.00 $14,700.00
May, 2025 $85.63 $174.00 $14,526.00
Jun, 2025 $84.61 $175.00 $14,351.00
Jul, 2025 $83.59 $176.00 $14,175.00

This Chevrolet Sonic is expected to lose $7,895 of its resale value during the 72 months of this loan. Check out our Chevrolet Sonic Depreciation Calculator for a detailed analysis of the Sonic's past and expected future depreciation. This user-friendly tool allows you to interactively see how well the Sonic has, and will continue to, hold its value, during your specific ownership period. It will even suggest to you the best Sonic model years to buy to get the best value.

Other Chevrolet Sonic Costs of Ownership

Finding a car or truck that saves on financing costs is important. But, it's also imperative to view all major Chevrolet Sonic costs. This will ensure that you are finding the vehicle that provides you the best value, at the lowest cost. We've created tools that will also help you to save on the following ownership expenses:

Chevrolet Sonics For Sale

2020 Chevrolet Sonic

Mileage: 102,875
Mileage: 102,875     Price: $9,995
Location: Columbus, OH ~ 3 miles away
Dealer: One Stop Auto Care Llc
Days on Market: 181
Colors (ext/int): White / Gray

$9,995


2015 Chevrolet Sonic LT

Mileage: 116,733
Mileage: 116,733     Price: $7,600
Location: Columbus, OH ~ 4 miles away
Dealer: Global Auto Leasing Llc
Days on Market: 248

$7,600


2020 Chevrolet Sonic

Mileage: 73,037
Mileage: 73,037     Price: $8,500
Location: Columbus, OH ~ 4 miles away
Dealer: Columbus Auto Source
Days on Market: 117
Colors (ext/int): GRAY / GRAY

$8,500




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