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re: Any baw making $739/mo car payments?

Posted on 1/6/24 at 3:00 pm to
Posted by Hulkklogan
Baton Rouge, LA
Member since Oct 2010
43482 posts
Posted on 1/6/24 at 3:00 pm to
No notes. 2013 and 2016 toyotas... here's to hoping they last as long as toyotas normally do.
Posted by WaydownSouth
Stratton Oakmont
Member since Nov 2018
10512 posts
Posted on 1/6/24 at 3:04 pm to
$720,

Paying $1400. Will pay off in 2 years
Posted by GusMcRae
Deep in the heart of the Big Sleazy
Member since Oct 2008
3710 posts
Posted on 1/6/24 at 3:07 pm to
Wife and I , plus 3 young adult kids… 5 vehicles, 0 car notes.

Now auto insurance?!? Don’t get me started!
Posted by BRL79
Member since Mar 2014
3112 posts
Posted on 1/6/24 at 3:07 pm to
$739 is on the low end of truck payments these days.
Posted by Koach K
Member since Nov 2016
4803 posts
Posted on 1/6/24 at 3:08 pm to
Poors
Posted by Rize
Spring Texas
Member since Sep 2011
18692 posts
Posted on 1/6/24 at 3:12 pm to
My arse stays with car payments. I keep 3 vehicles and try not to have more than 2 payments at a time. Usually budget $2500 a month for whatever vehicles we want.

I think my payments are about $1500 for the two I have notes on but pay $1000 extra per month.
Posted by OGTiger
Louisiana
Member since Jul 2005
2570 posts
Posted on 1/6/24 at 3:13 pm to
I haven’t had a vehicle note in 31 years.
Posted by Fletch1985
Member since Jun 2020
336 posts
Posted on 1/6/24 at 3:14 pm to
Mine was $1200 a month, but on a 3-year, 0% interest deal. If they give you free money, take it.
Posted by The Torch
DFW The Dub
Member since Aug 2014
27709 posts
Posted on 1/6/24 at 3:14 pm to
$657.00


Due January 20th

And I put $29,000 down (true story).
Posted by The Torch
DFW The Dub
Member since Aug 2014
27709 posts
Posted on 1/6/24 at 3:15 pm to
(no message)
This post was edited on 1/7/24 at 7:56 am
Posted by Demshoes
Up in here
Member since Aug 2015
10683 posts
Posted on 1/6/24 at 3:23 pm to
0.0 per month.
Posted by mtntiger
Asheville, NC
Member since Oct 2003
29336 posts
Posted on 1/6/24 at 3:24 pm to
Haven't had a car payment since 2014.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53088 posts
Posted on 1/6/24 at 3:28 pm to
quote:

And I put $29,000 down (true story).

The most expensive vehicle I have ever bought was 35k
Posted by meansonny
ATL
Member since Sep 2012
26029 posts
Posted on 1/6/24 at 3:33 pm to
I had a $250 note about 12 years ago. Paid off in about 2 years. I haven't had a note since.

My wife bought a Toyota Sequoyah 2 years ago. $380 payment (after a hefty downpayment) and paid it off just under 2 years.

No car payment gives us a ton of flexibility.

We have about $50k cash on hand (checking, savings/emergency fund).

Ideally that is $62k over the course of the year (in case I need/want to replace my vehicle or if we decide to purchase a kiddie condo for my college aged kids).
Posted by DCtiger1
Member since Jul 2009
11112 posts
Posted on 1/6/24 at 3:35 pm to
It’s all relative. We pay about 7300/month for our personal and business vehicles. Income level makes a big difference
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
24918 posts
Posted on 1/6/24 at 3:40 pm to
quote:

A real Baw doesn't have car payments.


They do, if they have any financial knowledge.
Posted by etown11
Elton
Member since May 2014
52 posts
Posted on 1/6/24 at 3:45 pm to
I have a $435 note and a $535 note on a 22’ and 23’ vehicle. Pay $800 on each of them. One will be paid off in a year. And I’m just taking that payment and adding it to other vehicle. Then adding that to my mortgage once paid off. The ole debt snowball
Posted by lsuconnman
Baton rouge
Member since Feb 2007
4460 posts
Posted on 1/6/24 at 3:46 pm to


This post was edited on 1/26/24 at 8:35 am
Posted by JamalSanders
On a boat
Member since Jul 2015
12213 posts
Posted on 1/6/24 at 3:49 pm to
I think my truck payment is $1200/ month. Don't really know, work pays for it.
Posted by johnnyrocket
Ghetto once known as Baton Rouge
Member since Apr 2013
9790 posts
Posted on 1/6/24 at 4:00 pm to
Still paying on my Yugo.
40 years, $99 down, $99 month
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