I'm not trying to be nosy as *****, but am wondering who doesnt have a car payment? Personally my car was purchased cash, but I have a "mod/upgrade" payment, and am currently paying off my recent clutch/transmission differential/motor mounts job.

 

Me. All money is towards mods, only thing that has needed replacement was the battery. I love my car.

 

Only another 60 easy payments of $315 . Look's like most of my mod money will just go into having a new car.

 

I got a hand-me-down max, and my mom is such a control freak she won't let me put any mods on "her" car, so I guess that means I don't have any payments. More money to save up for a max of my own.

 

no car payment here

 

no payment Although I owe some money I borrowed because I was short of the full price.

 

not bad... how much did u put down?

 

I have a payment... it's only $140 a month though. I put alot of money down. Speaking of which, I should go pay that one of these days....

 

me

 

I believe he got 14,500 in the I30 as a trade in.

 

1 more year of payments and shes all mine!!!

 

Bought the car in full in 98.... good thing since I haven't worked since high school. Financial aid owns me.

 

My I30 minus the $3,680 I owed on it. So about $11,300 down + a nice tax saving's.

 

14,900

 

Close.

 

wish i didnt

 

I paid off my car last January with 8 months remianing on the loan. I owed around $3000 for my max and just decided to pay it off. I saved $100 in interest by paying the loan off early. It's a great feeling to write that last payment!

 

Same here. My 98 is all paid for but financial aid sux a$$..

 

157 a month only 41 more to go

 

I'm lucky enough not to have a payment. . . Put all the money down up front as a downpayment for my mom's new car, and I got hers. Feels good to buy something yourself with your own money though.

 

Car was paid off in 2 weeks prior of purchase. Thank god.

 

My 87 Max bought brand new and paid off. My 95 Toyota previa minivan
bought brand new and paid off. My 2009 Acura TL Type-S bought brand
new and paid off. Nice to not being indebt.

Mike

 

meant 2002 Acura TL Type-S

Mike

 

I bought it off my dad for $5000 flat. All money goes to mods. Who needs food?
-Cyrus

 

no payments here, dad bought the car right then and there, he doesn't like payments. thanks dad

 

I only put $1000 down on my 99. I've paid off one year so far, so just 48 more payments @ $400/mo.

 

Well, in '98 I bought a '96 SE (auto) for cash, and last Wednesday I bought a '98 SE (5spd) for cash But some of that cash was from my 96 SE R.I.P.

 

no payment here...paid full in cash when i purchased my car.

 

4 more yeas @ 330 a month ;-(

 

I've still got 48 payments to go, but thanks to refinancing, they'll be a little bit lower. It was almost painful when I paid off the old loan and had to correct the bank teller that the the title wouldn't be going to me, but to yet another creditor...

 

Insurance is paid off till next year, car's paid off. All I gotta pay is gas

 

Only modd payments for me

 

not me two more years. @ 360.

 

If you have a 98-2000 you can be for sure that you have a s**** rate, so why pay it? Just pay the b**** off! I'd say the best a person could have done was maybe and I stress maybe 3.9% in those years, and more realistically 5.9%, but today, that's nearly highway robbery. There really isn't any reason not to pay off a loan early unless the amount just is too high. The money one has in the bank/money market earns 1.8% or so, so why pay 3.9% on a loan?

My philosophy is there's nothing wrong with borrowing to get a car, but more than 36 months or less than 35% down is not wise, and once it's paid off, it's savvy to keep driving it, not decide it's time to get a new one and start the lame process over again. From the Mulberry tree comes the silk.....

 

What's a car payment?

Got my title last April.

 

Car was purchased cash. However, making credit card payments for Wheels/tires, exhaust & Springs.

 

:boink:

 

Paid cash...

...only pay insurance, $130 per month.

 

It really only makes sense to borrow for assets that are expected to appreciate (home/property/education).

 

Car was bought with cash mods where bought with cash. Hoes where bought with car