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Reply to "What was your high school and college graduation gift from your parents? Your best gift?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]$500/month for a car? Yeah, that is ridiculous for a recent college grad[/b] My husband drives a pretty nice Toyota sedan and it is $350-ish/month. [/quote] Average car payment in the U.S. is $568 $609 for new cars or $465 for used, it's absolutely ridiculous. [/quote] I'm the pp who said $500/month for a car originally. My friends put $0 down. Some of the cars weren't that great and were pretty average in my opinion. I have no idea what their loan lengths were too, some might have been 2 years instead of 5 years. I just remember that they couldn't save any money because of it while I squirrelled away money for a house downpayment. [/quote]
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