We just paid off our car and are now looking to get a second vehicle.. I am so nervous because our previous car payment was $300 a month and insurance was $100 a month. Well the vehicles we are looking at are going to run us about $400-$450 a month and insurance will go up to about $200 a month give or take.. We may drop our paid off car down to liability but that makes me nervous so I dont think we will haha. I am just curious what do most military families pay when it comes to insurance and car payments. My husband is an E-4 and SHOULD make E-5 by this summer.. I know anything could happen so I'm not counting on it but hopefully he gets E-5 because that'd help out a lot.. Right NOW I know for sure we can afford it because I have extra income until August but after that we will just have his military pay..
So what do yall pay for car payment and insurance? If you have 2 car payments what do you pay total?
UPDATE: So for those of yall that care we ended up going with a mini van :( I could have cried.. I NEVER wanted to drive a mini van BUT our credit still isn't that great. We wanted to wait until his credit was better to get the car but due to certain things getting a 3rd row vehicle was a MUST! Plus we NEEDED a bigger second vehicle NOW! The payments are exactly where we wanted them and they came down on the price a LOT. We just paid off our car are were paying $300 a month for it and this time we will be paying $350 a month.. So its only a $50 increase in car payments and our insurance will go up some but we will find out exactly how much on Monday.. It could have been worse we could be put in a little crap car that was unreliable so I am just thankful that we were able to get a second vehicle with 3rd row seating. It also has 2 tvs and a back up camera hahaha. We didn't ask for them but they were included :) Well the back up camera was a must with it being a mini van! That thing is like a freaking bus! I'm going from a little compact car to a mini van. Stay off the roads people I feel like I'm learning how to drive all over again..
Brett's mommy- March 26th, 2008
Brynna's mommy- December 9th, 2009