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Reply to "People who make under $300k hhi: do you really have over $1000+ per mo in car payments?"
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[quote=Anonymous][quote=Anonymous]No bc I bought my car new from the dealer for $28K in 2017 and paid it off in 3 years. Only 60K miles so far.[/quote] Our HHI is under $300K and this is similar to what we did. I bought a new Rav4 for $28K in 2018. I put $5K down, traded in a car for about $10K, and financed the rest. I think the monthly amount due was around $250, but I paid it off in 1.5 years. I know Rav4s are pricier nowadays but never in a million years would I pay $1000/mo for multiple years to own a car! [/quote]
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