zero, pay cash and keep them till they die. We will buy a new car soon and pay cash.

Anonymous wrote:We have a high-end German luxury SUV, that cost about $110k, which we bought new in 2021. Traded in our old vehicle and put a lot down, so monthly payment was around $700/month. Paid it off after 6 months just to have one less hassle every month. We own about 300k worth of cars in our garage, all relatively new, all paid off.

I am curious what German SUV you have that cost $110K.

$475 with 3 years left (.9% interest) Car #1

Paid off on car #2

Paid off on car #3

Anonymous wrote:

Anonymous wrote:$460 with 2 years to go at 0% interest. I put 50% down.
I took the other 50% and doubled it in the market. Now just making payments from LT capital gains.
Now, insurance is a pain even though I have never made a claim. Luckily insurance can also be paid from investments or I'd really feel the payment.

Should have put down 0 and quadruple it. Double is not that impressive

Math is hard, isn't it?

I weep for the educational future of our country.

I drive a mortgage.

Anonymous wrote:

Anonymous wrote:$788, 2024 Sienna, had a decent trade-in to get the price down, but it's currently at dealership rates. Will probably refinance after this rate cut and get it down to the $700 mark, which will still be upsetting. I miss the last 3 years of no payments.

And yes, we could have paid cash, but decided to take a loan instead. I still hate it, even though I really like the van.

Why not pay cash if you hate the payment?

The money is making more money elsewhere. I know it's the right call I just hate the sight of such a high car note. It's like how I don't prepay my low rate mortgage, but I still understand why some people do. Sometimes there's a bill that just stings.

$1540/mo

Escalade bought new.

Anonymous wrote:And what is your car?

We recently purchased our 2021 Subaru Forrester and pay $400 per month

Oh, OP.

You invited the sanctimommies to come out in full force.

They are tiresome, but you are naive.

$686 for a 2024 Model Y with 1.99% APR with about $3000 down. Could have paid in cash, but Tesla had 1.99% promotion at that time.

Anonymous wrote:And what is your car?

We recently purchased our 2021 Subaru Forrester and pay $400 per month

We've always paid cash for cars, so have never had a car payment

We have a high-end German luxury SUV, that cost about $110k, which we bought new in 2021. Traded in our old vehicle and put a lot down, so monthly payment was around $700/month. Paid it off after 6 months just to have one less hassle every month. We own about 300k worth of cars in our garage, all relatively new, all paid off.

Anonymous wrote:

Anonymous wrote:0

But I've spent over $3000 on maintenance this year.

What is the point of this thread?

to see all the monkeys paying $0 since they have old cars.

the question was how much is your monthly car payment? if it is 0, you don't have one so don't answer the question.

$330 until I paid off the balance so now it's $0.

$800 Honda CRV Hybrid. 3.9% APR

You also need to ask about length of the loan. We pay $260 for one car and $400 for another but the length is different on each which is why one is higher.

$594 at an interest rate that pains me but I’m rebuilding credit after a long time without utilizing any following a foreclosure etc. Now I’m paying the price for letting my credit become stagnant even though my score is better than decent my lack of utilization has hurt me. Oh well this car loan is going to make a difference - I hope to pay it off early and go another 15 years without a loan after that since I bought another Toyota. Meanwhile I guess I need to get a credit card and use it for my incidentals and pay it in full every month so I can be a grown up consumer.