$0

Paid for all my cars in cash. My SLK was supposed to be a $25,000 trade in toward my $31,000 C230, but that fell through, so I came up with the $30,000 cash in 3 weeks. Now I have 3 cars and I need to sell atleast one...anyone want a car?

Erik

 

$235 a month...just started !!! This car better last dammit!

 

bought my 99 for 14,900 sold my 92 accord for 5000 used for down payment and im payn 196 at 4% 60 months still have about 4 years to go.
Ryan

 

$283 a month for 5 years (2 to go ) $15K down

 

You sell drugs? have a rich and generous daddy? You're a thief? a con man? what?

 

I have had my own business since I was 13...not drugs.

Erik

 

0$

paid around 6,700$ in august.

I don't like the idea of payments because I'm getting shafted for more $ in the end.. plus you can usually get a much better deal if you pay the full amount right away, rather than paying it off little by little, even if you do not consider interest.

Just to add,
It's fully understandible for people to finance cars.. For one reason or another, definately do not put out everything you got, even if you are fortunate enough to not have many bills to pay, I did this with my 98 GXE and still borrowed a couple of grand and ended up loosing my job due to 9/11 then I was barely earning anything for months. Basically I got rid of it for that reason, well.. that and I wanted a 5 speed. You never know when things like that can happen, I rather not put myself into a situation like that again. Although I can imagine it being even worse, if I had rent to pay and a million bills hanging over my head with no income and barely any $ saved.. that would suck.

 

$220 a month. Paid $11,000 and put nothing down. I stretched it out to 5 years to keep my payment down because I bought my wife a (brand) new car about the same time and her payments where a little higher than I expected. I really would rather have taken a 3-4 year loan on a used car.

I am surprised at how many people on this board paid cash, particulary since it seems like so many people do things like make their own intake pipe instead of spending ~$50 on one

 

OMG

Well here's my story...

2001 Accord V6 purchased for $25k OTD at 8% for 5 years, $3k down, about $437/mo. Gets totalled just short of a year later and I still owed $18k on it at the time. After all was said and done, I got $25k for the car (they totalled it as brand new, even with 29.5k on the clock! ) and I pocketed about $7000 on the whole deal.

$1k goes into paying off some other bills. $5k goes into a downpayment on a ring for the now fiance. The last $1k goes into a downpayment on my 99 Maxima. I forget the total OTD price, but I'm paying $410/mo @ 7% for 4 years, just over 3 to go.

If I could have, I would have dumped all $7k in the DP and gone 36mo/$350-ish/mo payments, but I had other priorities

 

$5k into a DOWNPAYMENT on your woman's ring?!?!? sheeeeit.. that little band isn't THAT important! I think we paid around $2k for both of ours.

 

when i first got my license, i got a hand me down 1989 v6 camry that i had to share with my sister. in 1997, i blew a rod and we donated to the american lung association for a tax refund. I then bought my granmda's 1994 gle for $10,000 cash, no other payments neccessary.

In the winter of 2000, i somehow blew up the transmission and got it rebuilt for $2,500. after a couple more visits to the tranny specialist, i decided that i wanted to get rid of it. My mom had a 98 se and she convinced me to take hers (now mine ) so she could take the $3,500 that we got from my car and put it down on a new c230. (the same one as tifosiv)

long story short
98 Pearl White Se
Down Payment...$0
Mo. Payments...$0

 

yup you JUST beat me out, i did the same thing, last year nothing down 568 a month and i can't wait to get rid of it.

 

I have no payments and $6000 to spend on a Max!

 

are you a pharmacist?

 

your own business at 13? that sounds like daddy's money to me

 

Well my business required $150 start-up capital...(Government Paperwork to form company)

I service computers and setup networks and such...I have no store, all I need now is a cell phone and a car (when I was 13 I obviously didn't have either).

I believe my title would be "Computer Consultant".

Erik

 

you were doing building and networking at 13?

 

Traded my 91 Mitsubishi Eclipse GS-T back in December 98 for a Nissan Maxima GXE auto. I paid it off last January 2002. About 3 years of payments.

 

I was doing building when I was 11ish. My first computer was a C64 when I was 3...and it was mine, not my parents (they paid of cource). I built my first one when I was 10 and built them for people when I was 11ish. Its really not that difficult.

BTW, incase your interested, my company name is "Central Jersey Designs", and I built up my business through word of mouth.

Erik

 

 

Last year, about this time, we found our Max for $17,500 cdn. We took a $20,000 loan and applied for a 5-year payment period at 4.5% interest, which was pretty good at the time since it was just after 9/11 and most banks were offering low interest rates.

We did a 5-year financing plan because it would initially mean lower monthly payments, but we can still pay larger payments whenever we were able too. The monthly came to about $350/month. Some months we were able to pay as much as $10,000 at one time, and then $5000 at another time. It hasn't even been a complete year yet with the loan, and we've got less than $3000 left to pay off

 

$0 monthly payment

I paid cash for my car. If I'd waited 16 days, I might have been able to get the 0.9% APR financing that they started 16 days after I bought my car. I'd probably would've gone for a 2K2 GLE or SE w/nav.

 

$388/month for 36 months @ 0.9% through NMAC

Put down total of $15K including 01 Altima Trade In.

If my sales chick wasn't such a hottie, I woulda pushed for a higher trade in price.

 

97 se superblack w/blackleather and all options.
paid 10.5
6000 down
financed the rest for 3 years
170/month

 

Bought my '95 new in '95. Paid around $27,500 for it and put about $2500 down and my payments were $585/mo for 5 years. Paid it off in 2 years, though. I do not miss those monthly payments.