$252/mo, 60mo term. zero down & no trade.


some of you are paying for a 30k+ car. yikes.

 

$0 down, equal trade in, $375 x 6 years, 5% interest rate. Insurance $200.

I send $500 a month in for the car.

I live with my parents still so I can afford it.

 

Thank goodness, I have good credit, can negotiate for a car... now I know how dealers can still stay in business with me buying cars for under invoice with my own financing..haha..

Just kidding but true..

Relying on monthy payment to determine a good deal is just plain retarded and plays into the dealer games using the 4 square method..Google it...

It's like those BMW ads that say they can give you a $300 a month payment, never mind the $10,000 deposit they require or the extra long terms in fine print.

 

$149/mo --- 5 yrs @ 2.99% but I put down $9250.

 

2012 sport 325.

 

It was wrong...I forgot the bank only gives 7 year loans on $20K and above...so it is 5 years...and the actual payment is $351.62 per month...and my next payment isn't actually due until the end of May...original amount was $17,926.05 and currently I owe $11,847.79 after 18 months of payments. Should be paid for in under 4 years...

https://www.fitfreak.net/forums/2nd-...tml#post886631

 

PAID OFF,bought 7/09,$241 month pymts.doubled pymts for almost 2 1/2 yrs.SHE'S ALL MINE.

 

$130 a month for 5 years

 

i'm being raped at $360/mo for 5 years.

i love the car at least and i am always looking for excuses to drive her.

 

Just around where fit freak member Trunglam is at, 283 a month for 5 years (60 months) 2000 down, got it around 17-18K out the door 2010 sport white and i think 0.9APY (its under mom's name) did that for the low interest rate.

 

$0. I paid cash. Nice to be old and retired somedays. I can vaguely recalled those painful car payments.

So instead of monthly payments I piss it away on mods.

 

At 0.9%, I'd rather the monthly payments.

 

You'd rather pay interest than zero interest? Wat.

 

Given that inflation > 0 and my checking account pays 2-3% interest, yes. Money in the future is cheaper than money now, by a predictable amount.

 

Eh different strokes for different folks. Having bought 4 vehicles with cash and 4 vehicles with loans in the past 4 years I can say I HATE having loans.

 

13 years ago I bought a Mazda Protege. The dealer told me that Mazda was offering something like 3% financing on 4 years. I asked what 3 years looked like and he said zero percent. I asked why he didn't tell me that up front and he said almost nobody who bought a Protege could afford a three year loan. ??!?

I generally pay cash for cars now. I did take a small loan on the Fit and paid $290/mo for a year, and then paid off the loan.

I understand the low interest rates, etc., argument, but I think the bottom line is that some people - particularly younger folks - are buying cars that they really cannot afford.

 

$179/mo 4.9 % 5yr using cash back on credit cards(that are PIF every month) to pay down loan and will have it paid for this year. Amex blue cash pays 5% cash back on gas and Groceries after spending $6000+/-. BP Visa pays 5% cash back but that's changing. Its adds up fast.

'09 fit sport

 

my wife got a 2007 fit brand new, and put $1000 down... Her payment is $279/mo. for 6 years

 

I pay $298/month. $2,000 down payment and I'm paying it for 5 years.
I bought a 2011 Fit base MT

 

Some of you are including insurance in your payment. That throws it off.

I only have to pay $184/month for 60 months, but I pay $260, so it should be paid off in around 42 months. (12 down 30 to go)