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How much is you bill for your car and how much do you pay?

my car payment is 577 a month but we pay 600. It was supposed to be a 7 year loan but we will pay it of next year at 4 years :)

 
ZanderandBella

Asked by ZanderandBella at 12:10 PM on Jun. 26, 2011 in Money & Work

Level 16 (3,133 Credits)
This question is closed.
Answers (18)
  • $0 and $0 its paid off. I hate car payments.
    gemgem

    Answer by gemgem at 12:15 PM on Jun. 26, 2011

  • We don't buy new cars.. It's just plain silly. My Hubby is a mechanic so he knows how to maintain ours... One of them just turned 210,000 miles, and the other has almost 90,000 miles on it. They are both running great. He also just built a new engine for one of them, not because the old one was bad, but because he felt it was time. He's rebuilt the old one and sold and put it in someone elses vehicle... We actually made money off of the old one..
    MrsLeftlane

    Answer by MrsLeftlane at 12:55 PM on Jun. 26, 2011

  • it is supposed to be 306 a month, but we pay 400
    cassie_kellison

    Answer by cassie_kellison at 12:17 PM on Jun. 26, 2011

  • It's a 5 year loan at $348/mo, we pay $400. We're about to upgrade our vehicle and our monthly payment is going to go up to $500/mo, we're going to pay $1,500 a month.
    miss_lisa

    Answer by miss_lisa at 12:18 PM on Jun. 26, 2011

  • My husband and I always buy used and always buy in cash. The one time at 21 that I did buy a brand new car I made a large down payment and my payments were $256 a month on a 5 year loan. I paid between 300 an 350 a month on it, because I wanted it paid off ASAP. I will NEVER buy brand new again and never finance again.
    HeatUSA-Tunisia

    Answer by HeatUSA-Tunisia at 12:45 PM on Jun. 26, 2011

  • One car is almost $600 the other about $300... and we usually just pay what is owed... we don't get a 7 year option, here 90% of loans are 5 year loans
    MommaClark3

    Answer by MommaClark3 at 12:12 PM on Jun. 26, 2011

  • The car payments are based on the value of the car... mine is worth about $48K and hubby got a $20k car
    MommaClark3

    Answer by MommaClark3 at 12:25 PM on Jun. 26, 2011

  • $0. We do budget $100 for car maintenance and repair though. It's very nice not having a car payment! Right now that money is going into our emergency fund and helping us pay cash for school.
    Erica_Smerica

    Answer by Erica_Smerica at 12:48 PM on Jun. 26, 2011

  • lets see my car pmt is 476 month, my trk pmt is 466month and my dh's trk is 420 month..so we are car poor! But we couldnt do without them :)
    jorjiegirl

    Answer by jorjiegirl at 1:06 PM on Jun. 26, 2011

  • Zero, we have two paid for cars.
    Anonymous

    Answer by Anonymous at 1:11 PM on Jun. 26, 2011