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How much are your car payments?

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Old 01-06-02, 05:29 PM
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How much are your car payments?

How much do you pay per month for your FD? I'm trying to get a rough estimate.
Old 01-06-02, 05:53 PM
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paid cash for mine, but I have quite a lofty credit card bill for the upkeep
Old 01-06-02, 05:56 PM
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well i financed mine for 3 years and my payments are 417 a month. I have about 1 1/2 years left till its paid off.
Old 01-06-02, 06:41 PM
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Debt

I pay $402 a month but:

1) Being 25 and never had anything but a student loan (which i payed off already) i needed to build some sort of credit line.

2) I found the car i have been looking for over a year.

3) I payed half in cash and took out a loan for the rest.

4) It sits in the garage (i have another car to drive daily) and whenever i ask why i assumed debt i can justify it by going for a ride.

5) Other then this i dont have any other debt.


93 Black R-1 Stock
Old 01-06-02, 07:03 PM
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I put $10,000 cash down on mine and financed $7,000 for I think 2 or 3 years and payments are $220 a month. I always pay alot more then $220 though. Just did low payments incase something happened, like getting laid off.

*laid off*
Old 01-06-02, 07:24 PM
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None, title belongs to ME Free and Clear!

Hahhhh, Hahhhh, Hahhhhh
Old 01-06-02, 09:49 PM
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currently $0 as I paid off the loan early almost 3 years ago

Its nice holding the title in hand
Old 01-06-02, 09:53 PM
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0 payment, I always pay cash;-)

always did and always will, even for the business
I only buy something if I have the $ cash
no loan, no credit card bills, no interest all 0
and I sleep soooo good at night without worries

This is not the typical American way but my goal is to retire with 40 and only 6 years left.

Don't be the slave of your life, always be the master.

Make all your dreams come true.
Old 01-06-02, 10:01 PM
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I only had to borrow about 8 for mine in July and with a APR of 7.44% I pay about $250 a month for 36 months
Old 01-06-02, 10:06 PM
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i pay $270 a month for mine for 3 years.
Old 01-06-02, 11:06 PM
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$0 here as well. Paid off...

I think my payments were around $360 a month. It's been quite a while, but that was about the range.

It's easy to estimate what your payments might be. Just take the amount of the loan, multiply that by some intrest rate (guess on the high side) say 9%. Take that number and add it to the amount of the loan, and then divide that total by the number of months for the loan.
Old 01-06-02, 11:43 PM
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My credit union wouldn't finance me, so I had to go through the dealer, and got raped on the intrest rate. So until I'm at my job long enough for my credit union to refinance, I'm looking at $400/mo for the next 3.5 years (it was a 5 year loan)
Old 01-07-02, 12:07 AM
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i paid cash

mike
Old 01-07-02, 07:01 AM
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my first one (about 6 years ago) my payments were about $200 a month for 2 years. i put a lot down in cash and my second one i bught all cash. no financing for me. i would rather drive a beater than have a car payment!
Old 01-07-02, 07:10 AM
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Anyone happen 2 know wut the intrest rates are right now??? I know they real low and crap but i dont know exactly wut they are...
Old 01-07-02, 07:29 AM
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Bought my car 5 years ago with cash, so no payment for me! Bought my babe with 48,XXX miles, now she has 64,xxx.

Dan
Old 01-07-02, 08:39 AM
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$340.34 for 5 years. Sucks, I know
Old 01-07-02, 09:04 AM
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$380 for another 2 years. i think i can pay it all off in a year though
Old 01-07-02, 10:23 AM
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It's never fast enough...

 
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$419 for 3.5 years, and I put $4000 down at 10%apr

Oh, I have 2 payments left
Old 01-07-02, 10:50 AM
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Paid $5000 + a 1995 Olds Aurora...
I liked the trade! And I got a great deal since a week after the trade the guy emailed and said the transmission went out on it!!! I was really lucky, I had no idea there were problems with it!
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