Do you have a car payment?

[Big A]

The X4's a grand before insurance, I guess I've kinda gotten used to always having a car payment, I like 'em knew, and haven't kept one ling enough to pay it off.

I would've probably stayed in the M3 until it was paid off, had I stayed a bachelor, but life had other plans.

[01-GATOR]

No payments for 5 years now

but really thinking on picking up a 2016 mustang

[Shaggin Wagon]

The X4's a grand before insurance, I guess I've kinda gotten used to always having a car payment, I like 'em knew, and haven't kept one ling enough to pay it off.

I would've probably stayed in the M3 until it was paid off, had I stayed a bachelor, but life had other plans.

Not that this has any to do with anything, but speaking of paying off, I had about 3 grand to pay off on my 07 gt that was a beautifull car. I was all excited to pay it off and save about $420 a month...then I met a 08 Shelby convertible...and signed up for 5 more years! I'll tell you what though..no regrets, the smiles per miles is well worth it lol.

[UserX]

I've had two car payments my entire life, last one was 10 years ago. I prefer to pay cash for everything, one less thing to worry about.

[GeorgeG.]

No car payment for a while. I bought my 07 Sierra from a buddy about 3 years ago and was fortunate enough to be able to pay cash for the wife's 2011 Infiniti a couple years ago.

I've been getting a bad itch for a 15 Sierra... I've got to hold out on that till about 2018. Then I hope to pay cash for that 2015.

Up until this last semester, my car payment was paying cash for my daughters tuition at TCC and then UTA.

[BLAKE]

Small payment on the wife's Edge and an even smaller lease payment on the Leaf. That lease will be up in June, at which point I'll be paying cash for an 05-09 GT (most likely).

Of course, the fastback was paid off the day I bought it almost 20 years ago.

[95DRGT]

6 vehicles (3 kids all driving) and 1 payment on a car currently for sale. Debating to replace that with a new 15 GT but it would be nice to not have the payment

[LS1Goat]

Yes one, with insurance it's $900 per month. I'll be a mother fucker if I ever get a new car once I pay this bitch off.

Good god, man.

Obviously you're insured as high risk, so what's the curious story behind that?

[juiceweezl]

Interest rates are at or near 0%...why pay cash?

Most of the time when you see 0%, they won't give the rebates or come down on the price of the car much if at all. It's all a math game in the end. If you can do math, you can determine if it's better to finance with a dealer at a promotional rate, finance 3rd party, or pay cash. When we bought our Edge in 2010, they had a deal for 0% but it was sticker or double rebates and bring your own financing. I traded in a car that was paid for worth $12,500. $3500 rebates doubled made the purchase quite nice. You just have to be able to do math.

[Rick Modena]

Yes one, with insurance it's $900 per month.

I said, GOD DAMN!

'12 5.0 & '12 Fusion w/Ins = $1k a month and I'm done in a few months. At that point I might have to get me a '16 EB Stang...

[Stephen]

All 3 vehicles are paid off

None are newish and awesome
03 explorer
00 civic si
06 Dakota

[2011GT]

Just paid off my escape 2 weeks ago. 2 cars and no payments.

[Broncojohnny]

Most of the time when you see 0%, they won't give the rebates or come down on the price of the car much if at all. It's all a math game in the end. If you can do math, you can determine if it's better to finance with a dealer at a promotional rate, finance 3rd party, or pay cash. When we bought our Edge in 2010, they had a deal for 0% but it was sticker or double rebates and bring your own financing. I traded in a car that was paid for worth $12,500. $3500 rebates doubled made the purchase quite nice. You just have to be able to do math.

I said it before in the last thread, I try to finance a small amount at the lowest rate I can get, take the rebates and then pay off the balance a few months later. There will be some fees in there but not many.

I am sure they exist but I have never seen a car note with a prepayment penalty so use that to your advantage.

[racrguy]

I haven't had a car payment for 8 years now. It's nice, but I'm about to have to jump into that pool again...

[Sleeper]

I went from 18-31years old with no payments. Two years paying on the truck now It sucks but it should last me for quite a while. 1.9% with the credit union so i cant complain to much. Ill be happy as hell when i write the last check.