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re: Any baws with a $600+/month car note

Posted on 6/25/18 at 1:33 pm to
Posted by Bob Sacamano
Houston, TX
Member since Oct 2008
5277 posts
Posted on 6/25/18 at 1:33 pm to
In 5-10 years this thread will show its age.

In other words, when its common to be paying $1000 a month for a car, $600 will seem cheap.

Not that spending that on a car is a good idea if you can’t afford it, I’m just saying that inflation happens.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37334 posts
Posted on 6/25/18 at 1:42 pm to
I'm paying 380 a month for 5 years and I absolutely hate it. Way too much.

All this zero percent financing has done is inflate the cost of the car. That's why the auto companies are doing this.

Saying 500 a month with 0 percent interest for 60 months, is better than saying the car costs $30,000.

The last time I bought a car, multiple salespeople just about refused to discuss the actual price of the car, it was all about "how much do you want to spend per month" and "this is how much it costs per month"
Posted by DelU249
Austria
Member since Dec 2010
77625 posts
Posted on 6/26/18 at 11:15 am to
(no message)
This post was edited on 5/27/23 at 5:36 am
Posted by Them
People's Republic of Bozeman
Member since Nov 2008
11141 posts
Posted on 6/26/18 at 11:45 am to
$601 for a 2014 Ram 1500 Laramie Longhorn.

Will be trading down to $300-$350 for the next one. I love this truck to death but $600 is a lot of money every month.
Posted by Lsuhack1
Member since Feb 2018
866 posts
Posted on 6/26/18 at 7:15 pm to
Have a 600+ note accidentally double paid it last month, didn’t even realize. 600 is only a lot because you don’t make a lot.
Posted by stelly1025
Lafayette
Member since May 2012
8577 posts
Posted on 6/26/18 at 7:53 pm to
quote:

Ex: F150 $50K Down $0 Loan amount $50K 3% 84month = $661/month Highest note for me was @300 15yrs ago. That was when cars were much cheaper.


Posted by Shalimar Sid
Member since Feb 2005
9250 posts
Posted on 6/27/18 at 6:31 am to
I can remember the days when you could finance a Ford Pinto for 69 dollars down and 69 dollars a month. Thought that was too much and passed on that deal. Bought a used 69 Nova for 800.00
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