Anonymous
Post 11/06/2020 14:11     Subject: Re:What's your car payment?
Subaru Forester, $450/month, one year left of payments. Can't really see paying cash or paying it off early when interest rate is so low.
Anonymous
Post 11/04/2020 17:12     Subject: Re:What's your car payment?
Anonymous wrote:$194 a month for a Kia Soul. They're not glamorous, but it's just the right size and I like driving it.


Honestly, if I were a lesbian I’d get a Soul, I’d put a coexist sticker on it too.
Anonymous
Post 11/04/2020 17:09     Subject: Re:What's your car payment?
$194 a month for a Kia Soul. They're not glamorous, but it's just the right size and I like driving it.
Anonymous
Post 11/04/2020 15:58     Subject: What's your car payment?
I have purchased my last 5 cars with cash.
Anonymous
Post 11/04/2020 15:37     Subject: What's your car payment?
Subaru outback. $515/month, 60 months, 0% interest.
Anonymous
Post 11/04/2020 14:24     Subject: What's your car payment?
Anonymous wrote:How you pay for it is immaterial (whether you pay cash or finance). A $600 car payment is around a $35,000 car, or about the average price of a new car today. Nothing to get excited about IMO. Sounds like you just don't want him to buy a truck. What if he wanted to buy a $35,000 minivan? Would you care?


$600 was for a lease. And yes I would care about a minivan because I hate minivans.
Anonymous
Post 11/04/2020 13:45     Subject: What's your car payment?
How you pay for it is immaterial (whether you pay cash or finance). A $600 car payment is around a $35,000 car, or about the average price of a new car today. Nothing to get excited about IMO. Sounds like you just don't want him to buy a truck. What if he wanted to buy a $35,000 minivan? Would you care?
Anonymous
Post 11/04/2020 13:40     Subject: What's your car payment?
$667/mo.
Anonymous
Post 11/04/2020 13:39     Subject: What's your car payment?
At current interest rates and assuming you have reserves and income to support a car payment, I don't see any shame in financing. Just don't overspend.
Anonymous
Post 11/04/2020 13:38     Subject: Re:What's your car payment?
Anonymous wrote:Obviously you showed your DH what kind of car you could buy at your preferred “much less” payment. Or did you just whine without doing any homework or offering any alternatives?


Of course, but he wants what he wants.
Anonymous
Post 11/04/2020 10:01     Subject: What's your car payment?
As PP said, cars are expensive. If you’re worried about the $600 monthly payment then start saving now and wait a few months. You can put that savings towards your down payment and get a lower monthly cost.
Anonymous
Post 11/04/2020 08:13     Subject: What's your car payment?
I don't like to go above $400 over 48 months...but for my next car, I might need to. My current car needs a new catalytic converter and transmission - repairs will be around $3500...on a car that is only worth about that (if I get it fixed.) I don't have a lot of discretionary income since we just needed a new roof (leak) and we had to get several appliances that all crapped out at the same time. This is for a $24k with very little down (but hopefully a low interest rate due to an excellent credit score.)
Anonymous
Post 11/03/2020 11:39     Subject: What's your car payment?
Anonymous wrote:
Anonymous wrote:Bought a ~$30k subaru forester for 48 month, 0% financing. We pay about $600/mo and it will be paid off in about 6 months.


Unless you put $25k down on this vehicle, you are not going to pay it off in 6 months by paying $600 a month.

OP, we typically buy used cars that we can pay cash for. But a few years ago, I bought a splurge vehicle. Our payments were $640 a month for 5 years and we might have put down around $10k, but I don't remember. Also, we bought a $20k vehicle earlier this year and pay $400 a month on it on a four year loan.

Thing is, cars are expensive. At $600 a month, you're only getting like a $28k vehicle if it's a four year loan, a $36k vehicle on a 5 year loan and a $43k vehicle on a 6 year loan.


Will be paid off 6 months from now, we've had it for 3.5 years and been paying.
Anonymous
Post 11/03/2020 11:26     Subject: What's your car payment?
Anonymous wrote:
Anonymous wrote:Thing is, cars are expensive. At $600 a month, you're only getting like a $28k vehicle if it's a four year loan, a $36k vehicle on a 5 year loan and a $43k vehicle on a 6 year loan.


Or, a $57,600 vehicle on a 96-month loan