How much is your car payment?

[lieu910]

I apologize if this is to personal. I hear the average car payment is around $500.00. I am having a hard time adjusting to that, so just thought I'd ask around.

 

[Welby]

It wouldn't surprise me. Isn't the average cost of a new car about $24,000 now? Yikes. Personally, I pay $0 a month for an '87 Buick and a '97 Jetta.
Sadly, that's all I can afford, too !

 

[crownvic96]

everything i own is paid off $0

 

[brn agn]

Same here $0...my wife and I made an agreement before we got married that we would not have car payments. If we are looking for a new car, we save, save, save until we can pay cash for it. We do not have kids, so we typically buy vehicles based on performance, style and practicality instead of reliability, crash worthiness, fuel economy etc... We recognize that this works for us, but doesn't work for everyone.

Now, the student loan payments...that is a different situation.

 

[perm01]

$480.00 for a 04 chevy 2500hd.

 

[CHARGED]

Only car we pay on is our 03 Surburban, $620 /mo. That's at 0% interest and below MSRP. That payment is just a little less then our house mortage

 

[DKREDT]

Originally posted by CHARGED
Only car we pay on is our 03 Surburban, $620 /mo. That's at 0% interest and below MSRP. That payment is just a little less then our house mortage

So with current gas prices, your Suburban payment, insurance and monthly gas costs are probably more than your mortgage.

 

[scottyb]

I will never have a car payment again!

This is assuming the wife doesn't total another one.

 

[JOHNDEEREGN]

guys

I put all my vehicles on short notes, high payment but they get paid off quickly.

F-150 425.00 (my company reimburses me $700.00 a month)

04 Durango Limited $650.00

 

[evil_gn]

GN=$0
Vette=$630
Escalade=$745

 

[Army MP]

FWIW, the more down payment you put down the cheaper the payments.
Ex. You can put down 11,000 you'll have payments of only 387.00 a month for a 2005 GTO!

 

[evil_gn]

Originally posted by Army MP
FWIW, the more down payment you put down the cheaper the payments.
Ex. You can put down 11,000 you'll have payments of only 387.00 a month for a 2005 GTO!

put almost 10K down on my vette and its still crazy. i almost fell over when she told me the payment.

 

[Raymond Bunch]

My TType - $0
My Wifes Lincoln - $0
Family 03 Z71 Surburban -$544.00 GAZZZ GUZZZZLER

 

[XLR8]

'03 Camry - $304/mo with $1000 down for matching cash. Don't laugh - it's a great daily driver and I have 2 kids.

 

[arista5]

zip zero nada

i paid cash for my vehicles

 

[jy211]

I pay $680 and change on my BMW. Thankfully that ends next month!

 

[dragonational]

312.33 for a 2001 chevy silverado loaded. i had to throw the loaded in there.... i dont want you guys thinking i over payed or anything

 

[NJTurbo]

BMW320I $518.00 POS
GN$0
Camry$0
Demo $0
Harley $400.00

 

[BLACK6PACK]

87GN - $0
95 Talon TSI - $0

Unless I hit the lottery I will never buy a new car. I typically buy a car that is 2 years old with less than 20,000 miles for about 1/2 what the sticker price was. I bought the talon with 19,500 miles on it for $9750, sticker was a little over $23000.

I could go out and finance a new vette right now, but I'd rather my money work for me than be pissed away on depreciation. Right now I'd rather spend the money on a fixer-upper house, do some work to it and make money, which is what I'm doing.

 

[Shane]

GN- $110 a month (I'm 3 years ahead on a 5 year loan )
Van- $300 one time payment