- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The average monthly car payment is $745 for new cars and $521 for used
Posted on 6/9/25 at 5:26 pm to msutiger
Posted on 6/9/25 at 5:26 pm to msutiger
Well, you're wrong, but it is a popular misconception.
From Gallup:
And thats just 401k stuff...
From Gallup:
quote:
Americans With a Retirement Plan Such as a 401(k), 403(b) or IRA, by Subgroup. Bar chart showing that 59% of U.S. adults report having retirement savings. Highest rates are among college graduates (81%) and those earning $100,000 or more (83%).Jun 2, 2025
?
LINK
And thats just 401k stuff...
0
Posted on 6/9/25 at 5:32 pm to msutiger
quote:
Not my business but I believe there is a huge chunk of our society that isn't saving a penny for retirement and expecting the government to fund their retirement.
This is the conclusion I've reached. There's no way they are saving for retirement.
Posted on 6/9/25 at 5:39 pm to RLDSC FAN
Car is a little over a year old, no car payment, paid cash.
Posted on 6/9/25 at 5:44 pm to cubsfan5150
quote:
2004 Chevy Silverado. Payment was $234 a month. Must’ve been a single cab base model.
In case you weren’t aware, the price of the vehicle isn’t always the determining factor as to how much the monthly note will be. Trade ins and the cash down payment as well as length of loan, etc matter.
Posted on 6/9/25 at 5:45 pm to RLDSC FAN
quote:
The average monthly car payment is $745 for new cars and $521 for used
Mine is $0.
Posted on 6/9/25 at 5:46 pm to TideCPA
quote:
I know I make more than that, have the advantage of a mortgage payment that's based on pre-2020 craziness, and utilize the local public schools (which are good). Given that and the proportion of families in the area who clearly live well above our standard (i.e. constant vacations, kids in private schools, two new $80k+ vehicles, etc.)
You keep tabs on how many families in your area are taking vacations and where they are going? What the frick?
Posted on 6/9/25 at 5:49 pm to Shexter
My baby Braxlynn wanted the newest, most gigantic Karen-ish Infiniti SUV on the lot and I’ll be damned if she doesn’t get what she wants. Financed that baby for 96 months and the dealership even threw in a backyard batting cage for our son Gunnar
Posted on 6/9/25 at 5:50 pm to JohnnyKilroy
quote:
You keep tabs on how many families in your area are taking vacations and where they are going? What the frick?
It’s called having a conversation with someone
Posted on 6/9/25 at 5:52 pm to RLDSC FAN
quote:
The most common auto loan terms are 24, 36, 48, 60, 72 and 84 months
Those are rookie numbers
Posted on 6/9/25 at 5:52 pm to msutiger
quote:it’s because they
look around my neighborhood and have no idea how my neighbors afford some of the things they have or things they do.
quote:which, given how 65+ vote; I can totally see some sort of bailout
isn't saving a penny for retirement and expecting the government to fund their retirement.
Posted on 6/9/25 at 5:53 pm to Forever
quote:
My baby Braxlynn wanted the newest, most gigantic Karen-ish Infiniti SUV on the lot and I’ll be damned if she doesn’t get what she wants. Financed that baby for 96 months and the dealership even threw in a backyard batting cage for our son Gunnar
doing the Lord’s work, baw! Braxlynn needs that! great deal on the financing, that batting cage will pay off like a slot machine when Gunnar gets out of his rookie NIL contract!,
Posted on 6/9/25 at 5:53 pm to Aubie Spr96
quote:
This is the conclusion I've reached. There's no way they are saving for retirement.
My wife and I max out. We both carry a car note. We both have student loans. We have a mortgage.
All that crap is way less than 50% of our income.
Not everybody with car notes are idiots. My cash works harder then the 0% we pay financing it.
Posted on 6/9/25 at 5:55 pm to evil cockroach
quote:
isn't saving a penny for retirement and expecting the government to fund their retirement.
which, given how 65+ vote
udderly clueless
Posted on 6/9/25 at 5:56 pm to notiger1997
quote:
In case you weren’t aware, the price of the vehicle isn’t always the determining factor as to how much the monthly note will be. Trade ins and the cash down payment as well as length of loan, etc matter.
Yeah, so stating that one has a $234 car payment in 2004 means nothing without context as I said previously…. We’re missing some details.
Posted on 6/9/25 at 5:57 pm to DiamondDog
The OT thinks if you have a new car you're an idiot.
The OT thinks 50% of Americans are bankrupt.
The OT thinks if you give to your church you're a sucker.
The OT is wrong.
A lot.
They say completely wrong shite with authority, though, I'll give 'em that.
The OT thinks 50% of Americans are bankrupt.
The OT thinks if you give to your church you're a sucker.
The OT is wrong.
A lot.
They say completely wrong shite with authority, though, I'll give 'em that.
This post was edited on 6/9/25 at 5:57 pm
Posted on 6/9/25 at 5:59 pm to N2cars
I been reading this site for 20 years. Most of the folks on this site are absolutely ridiculous when it comes to finances.
Posted on 6/9/25 at 6:00 pm to evil cockroach
Don't they have decent internet connection at the library you post from?
Use it to Google some basic facts about finance.
Use it to Google some basic facts about finance.
Posted on 6/9/25 at 6:02 pm to DiamondDog
I mean, it is the most basic shite.
The guy thst posted his opinion got like 40 upvotes .
Good for him, but he is completely wrong.
The guy thst posted his opinion got like 40 upvotes .
Good for him, but he is completely wrong.
Posted on 6/9/25 at 6:02 pm to N2cars
quote:
They say completely wrong shite with authority, though, I'll give 'em that.
no fricking shite! I’ve rarely run across such a clueless bunch (on subjects that I’m very familiar with,) make such ignorant, idiotic statements with such conviction
Posted on 6/9/25 at 6:05 pm to RLDSC FAN
I’ve never had a car payment. Always settled for what I could actually afford. I couldn’t imagine being that greedy on top of paying anything more than legally required minimum liability insurance.
This post was edited on 6/9/25 at 6:16 pm
Page 3 of 7
Popular
Back to top
Follow TigerDroppings for LSU Football News