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Started By
Message
What’s your car payment?
Posted on 2/26/19 at 9:53 pm
Posted on 2/26/19 at 9:53 pm
This is disturbing to me.
quote:
A $523 monthly payment is the new standard for car buyers. The average monthly loan payment for a new vehicle hit an all-time high of $523 in the first quarter, according to Experian. The average amount borrowed by buyers of new cars, trucks and SUVs also climbed to a record high of $31,453.
102
Posted on 2/26/19 at 9:54 pm to Eli Goldfinger
$913 for 108 months.
#Nutz4lyfe
#Nutz4lyfe
This post was edited on 2/27/19 at 10:23 am
Posted on 2/26/19 at 9:54 pm to TigerstuckinMS
Posted on 2/26/19 at 9:54 pm to Eli Goldfinger
524 per month. But I've always been above average.
Posted on 2/26/19 at 9:54 pm to Eli Goldfinger
Never had a note over $500.
Not that there is a problem with one above that, I just have some sort of personal limit there. I can't defend my reasoning.
When you consider inflation then yes, the average payment should increase every year.
Not that there is a problem with one above that, I just have some sort of personal limit there. I can't defend my reasoning.
quote:
The average monthly loan payment for a new vehicle hit an all-time high of $523 in the first quarter, according to Experian
When you consider inflation then yes, the average payment should increase every year.
This post was edited on 2/26/19 at 9:56 pm
Posted on 2/26/19 at 9:55 pm to Eli Goldfinger
400 degreez
Posted on 2/26/19 at 9:55 pm to Eli Goldfinger
Why is this disturbing?
Posted on 2/26/19 at 9:55 pm to Eli Goldfinger
$0
I can’t imagine paying $500 + insurance for something to drive
I can’t imagine paying $500 + insurance for something to drive
Posted on 2/26/19 at 9:55 pm to Eli Goldfinger
$0 - If I can't pay cash I can't afford it. That goes for all things except for house.
This post was edited on 2/26/19 at 9:57 pm
Posted on 2/26/19 at 9:55 pm to Eli Goldfinger
me. 2010 Toyota Tacoma - 125k miles - $0/month (owned)
wife. 2016 Lincoln Navigator - 35k miles - $465/month (financed)
so, $465/month for our household.
her navi has a great interest rate on the loan. my truck is in perfect condition and will likely last another 150k miles, so that she drives this vehicle until we pay it off and we buy and then pay off her next vehicle before i need something new. sorry not sorry for being a taco owner.
wife. 2016 Lincoln Navigator - 35k miles - $465/month (financed)
so, $465/month for our household.
her navi has a great interest rate on the loan. my truck is in perfect condition and will likely last another 150k miles, so that she drives this vehicle until we pay it off and we buy and then pay off her next vehicle before i need something new. sorry not sorry for being a taco owner.
This post was edited on 2/26/19 at 10:01 pm
Posted on 2/26/19 at 9:56 pm to Eli Goldfinger
It’s very disturbing.
With that said, my vehicle has been paid the frick off for two years.
With that said, my vehicle has been paid the frick off for two years.
Posted on 2/26/19 at 9:56 pm to Eli Goldfinger
350
Seriously though
Seriously though
Posted on 2/26/19 at 9:56 pm to Eli Goldfinger
$523 is a lot of money?
Posted on 2/26/19 at 9:56 pm to Eli Goldfinger
$488 for 48 months. Wife's car is paid for.
Posted on 2/26/19 at 9:56 pm to DavidTheGnome
quote:
I can’t imagine paying $500 + insurance for something to drive
I couldn't imagine losing money by paying upfront instead of getting a rock bottom interest rate.
Not everyone has good credit though.
This post was edited on 2/26/19 at 10:03 pm
Posted on 2/26/19 at 9:59 pm to Eli Goldfinger
I pay Insurance every month.. i paid my ride off years ago
Posted on 2/26/19 at 10:01 pm to Eli Goldfinger
Nothing at the moment.
That will change in a few months to hopefully under $400 with trade and cash.
That will change in a few months to hopefully under $400 with trade and cash.
Posted on 2/26/19 at 10:03 pm to Eli Goldfinger
$358/month on my Camry SE. Got a couple years left on it. Hope it lasts me the 250k they say...at 39k now.
Posted on 2/26/19 at 10:03 pm to Eli Goldfinger
All mine are paid for.
Posted on 2/26/19 at 10:03 pm to Eli Goldfinger
~$750. 1.9% for 66 months. Other vehicle is paid off.
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