How much is your car payment?

[daygooz3v]

$179.81 a month for 5 year s

 

[Sierkonblazer]

$662/mo, 2.99% APR, 60 month. Traded a 09 G8 in for it. They broke me even on the G8 (still owed $18k on it), and picked up the used Denali for $42k out the door ($37k sticker + TTL + $2k allowance for wheels)
Rates just dropped to 2.79% and may drop again, so Im thinking of re-fi'ing in a few months

 

[jem556]

$0 since 2008...makes it hard to talk myself into upgrading.

 

[jdpber]

$0 for past 3 years. Makes the upgrade fund build fast so there is little to no payment every 3-5 when we upgrade every other car.

 

[G17GEN4]

Another $900+ payment! you guys are insane...

They are both paying 0% interest. They probably didn't put any money down. The only real incentive to put money down is to reduce the initial principal in an attempt to pay less interest over the life of the loan. When you're financing at 0%, you'd be better off to take the money you would have otherwise put down, and pay off interest bearing debt like a credit card, or invest that capital in an interest accruing financial vehicle.

A 900 dollar payment at 0% is far superior than a "cheaper" payment that includes interest - evidenced by the above.

 

[Polomintus]

Almost purchased a 2011 Denali on 0%, could not justifiy it with the new models due anytime soon, so we got a 2007 Denali (84k) and love it.

Trade in $8,900, money down, and 3.9% and $290 over 5 years. Will be paying $400, but overall, fecking love it.

 

[rankhornjp]

2007 Tahoe LTZ, bought used in 2009, $15k down, $354/month 4.9% 48 months (only owe 3k on it now, plan on having it paid off in a month or so)

2011 Avalanche LTZ, bought sorta used 3 weeks ago (was a demo, had 6000 miles, got all the warranty as if new), $13k down, $497/month, 3.9% 60 months.

 

[ChrisAU]

Some days I seriously want to sell my Tahoe and ride my '92 so I'll have no payment. Some days I love my Tahoe and would never dream of giving it away. Some days I hate both my vehicles and daydream on Autotrader of F-250 Powerstroke's and Audi S4's.

I am so ADD about vehicles it is unreal.

 

[Donovan]

403/mo 10k down 3. Something% 07 ltz 24,500 asking price as is. Dropped 10k and they included a 15 flipdown and some extended warranty for 20,500 TTL. Someone said money talks. Damn right. I wish I had another 10k to give and be done. Kudos to the guys that don't owe anyone.

 

[Polomintus]

Some days I seriously want to sell my Tahoe and ride my '92 so I'll have no payment. Some days I love my Tahoe and would never dream of giving it away. Some days I hate both my vehicles and daydream on Autotrader of F-250 Powerstroke's and Audi S4's.

I am so ADD about vehicles it is unreal.

So want an S4 or RS4...