Nothing. Bought my Honda Fit in cash, and my H has had his old ass truck (really, it's 1989) since before I met him. Luckily, he has a company truck for work.
Finally a post I will excel in! I have a 2008 Accord with all the bells and whistles paid off, with only 22,000 miles on it (bought it from my Grandam earlier this year with cash after it was determined she couldn't drive anymore.) DH drives a 2004 Corolla also paid off, and has a 2001 F150 4 door 4WD that is paid off as well. We will have to replace DH's car probably in the spring. Hoping to stay around $300 a month.
Post by pinkdutchtulips on Sept 25, 2015 12:46:46 GMT -5
My 98 Honda CRV is fully paid for ... xh's parting gift to me $3900, of I think I've sunk almost that much into it since but it's a Honda that had less that 150k miles on it when I got it. With enough love aka maintenance I'll make it last long enough !
My car-2013 Accord. 36 mo lease, $336/mo. I would not mind buying it outright after the lease is up next fall, because I freaking love my car.
J's car-2004 Civic, paid off. Will likely be traded in (along with late MIL's car that we took possession of after she died) for something newer once J gets his butt in gear and does something about it.
Post by Velar Fricative on Sept 25, 2015 12:49:22 GMT -5
Our 2008 Equinox is paid off. I was sooooo happy with no car payment for a few years...and then my new job requires us to get a second car. My 2015 Sonata costs us $450/month since we couldn't put much down due to this being a surprise expense. We could have gotten a cheaper used car but this is my very first car so I wanted to be cool lol. Because being a Sonata owner is really cool and all.
Post by shelbyann on Sept 25, 2015 12:51:47 GMT -5
No payment, we paid cash for both of ours. Mine is a 2003 Toyota 4Runner (bought in 2007) and DH drives a 2007 sporty little Lexus something or other (bought in 2012).
My car has 150K miles on it and I hope it will keep going for a while! Car shopping is a pain in the ass.
Our 2008 Equinox is paid off. I was sooooo happy with no car payment for a few years...and then my new job requires us to get a second car. My 2015 Sonata costs us $450/month since we couldn't put much down due to this being a surprise expense. We could have gotten a cheaper used car but this is my very first car so I wanted to be cool lol. Because being a Sonata owner is really cool and all.
I think those are pretty cars my BFF has one and I've always admired it.
We just bought the CRV two weeks ago, our payment went down $30 a month from the 2014 Subaru Forester I traded in. I got a few thousand from the trade in for a down payment. DH owned his prior truck outright, and traded it in for more than he paid for it, 5 years later. Both cars are financed for under 3%.
Post by CrazyLucky on Sept 25, 2015 13:16:03 GMT -5
Ours are paid off. But, at one point, my car was $400/month and DH's was $500/month. We did this because we had 0% financing on one and 0.9% financing on the other. The plan going forward is to at least be able to pay cash, but to finance if we get financing deals like that.
Post by kadams767 on Sept 25, 2015 13:22:20 GMT -5
We have a 2008 Outback and a 2010 Prius. Both are paid off now, but the Prius was about $25k new in 2010, we paid just under $300/month for it for 3 years and then paid the rest in cash after the initial lease period was over. The Outback was $18k in 2011, I paid $350/month for it for about 2 years before I got fed up with the payment and paid it off.
2012 sonata- paid off 2015 GMC Sierra $800 (we opted to finance over 4 years. The interest rate is higher on our specials so it made more sense to throw extra $ towards those and have a car payment).