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What's your biggest car payment..ever?

Originally posted by: Mill
My current one. 515 a month. My mortgage is only 200 more! 🙁

My Mom pays $650/month on 2001 Vette'

Stepdad pays $630/month on 2002 Ford F250 Quad Cab.

/me has 96 thunderbird that is paid for.......
 
i pay 700 a month - but there was 0% financing for 5 years, so it would be dumb as hell to put down a large amount of money.
 
It was $550 or so over 4 years.. I just paid it off in December
My car stickered for more than the price of my apartment i bought 2 1/2 years ago.. But home and car and both mine 🙂 No loans.. no hassles..
Now i'm workin on gettin a clue.. anyone know where i can buy that.. lol (w/ a flexible payment structure)... I should have bought a cheaper car and invested the money
Then again.. screw it! Cars rule 😀
 
Originally posted by: maziwanka
i pay 700 a month - but there was 0% financing for 5 years, so it would be dumb as hell to put down a large amount of money.

Nice deal.. No interest is nice.. you gotta feel good having a loan like that 🙂
 
Originally posted by: maziwanka
i pay 700 a month - but there was 0% financing for 5 years, so it would be dumb as hell to put down a large amount of money.

some may say it equally dumb for a 700 per month car payment/5 years.
 
$878/month for 3 years at 3.49%

It may sound like alot but I have no problems with it since I carry no credit card debt and make a decent wage.
 
$280.

By the way, 0% interest isn't always the best deal. You can negotiate a lower price if you skip the 0% deal, and arrange your own financing elsewhere. That combination could actually be better for you than the 0% loan. I know the last time I bought a car, I was ahead by skipping 0% and financing through a credit union. The interest I paid was less than the amount I saved on the car.
 
Originally posted by: kranky
$280.

By the way, 0% interest isn't always the best deal. You can negotiate a lower price if you skip the 0% deal, and arrange your own financing elsewhere. That combination could actually be better for you than the 0% loan. I know the last time I bought a car, I was ahead by skipping 0% and financing through a credit union. The interest I paid was less than the amount I saved on the car.

Don't forget inflation though. If you have 0% for 5 years, then you are actually paying less than what you agreed to pay. Interest was always the way to offset inflation and make a profit.
 
Originally posted by: kranky
$280.

By the way, 0% interest isn't always the best deal. You can negotiate a lower price if you skip the 0% deal, and arrange your own financing elsewhere. That combination could actually be better for you than the 0% loan. I know the last time I bought a car, I was ahead by skipping 0% and financing through a credit union. The interest I paid was less than the amount I saved on the car.

Don't forget inflation though. If you have 0% for 5 years, then you are actually paying less than what you agreed to pay. Interest was always the way to offset inflation and make a profit.
 
I did $10K one month as my payment (nice commission check that month)
I technically didnt have a nother payment due for like 2 years if I recall.

I still made payments though (sometimes smaller than the normal amount) so it wittled down to $0 in no time.

 
Originally posted by: amdskip
Didn't do payments, just paid it all in cash, $6600 hard earned dollars from my retail sucky job.

Perhaps you should change that wording to sucky retail job? Retail sucky job just gives the impression that you give head for money. 😉
 
Originally posted by: AngryPirate
Originally posted by: amdskip
Didn't do payments, just paid it all in cash, $6600 hard earned dollars from my retail sucky job.

Perhaps you should change that wording to sucky retail job? Retail sucky job just gives the impression that you give head for money. 😉

Maybe it wasn't a mistake....:Q
 
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