balthazar

loan payment amount

17 posts in this topic

Just curious.
If you recall, post your first monthly car loan payment amount, and your most recent (assuming the two are for different vehicles).

1994 : $231/month : '94 F-150. Sticker price was $16,016.
current : $141/month : wife's '11 Jeep (bought in Feb).

Edited by balthazar

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1993 - $379 for 1994 GMC SLE Fully loaded Suburban :metal: which I still own.

Current - none, all are paid off. :P

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2003- $200 for my Dodge Dakota R/T

Currently- $414 for my GTI

 

I've had many in the $500's in between, and over $600 for one car. At one point, I had $1,200 in car payments between my two cars. Young and dumb.

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Currently $359 for a Jetta TDI, but that does not really count as I get what I laid for back when I turn it back into VW for the settlement.  So every payment made is money in the bank, given that it is a zero percent loan. 

Only other cars I had payments on were my Mini which was about $250 a month and the Miata which was $190.  Paid both cars off after a couple of years, do not like car payments.

 

Balthazar...what happened to the wife's Malibu?  When I suggested a Chrysler product  back in the day I was hoping for a Challenger.

And yes, almost all of my cars have been cash deals, I really dislike banks.

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my mazda's was like 479 for ~25K, 5 years

refied down to ~356 for 5.5 years, but am at pace to pay it off in the original 5 years.

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On October 15, 2016 at 10:48 AM, A Horse With No Name said:

Balthazar...what happened to the wife's Malibu?  When I suggested a Chrysler product  back in the day I was hoping for a Challenger.

She's still driving it, up to 110K. Jeep is a 3rd vehicle.

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10 hours ago, balthazar said:

She's still driving it, up to 110K. Jeep is a 3rd vehicle.

Nice to have a choice of vehicles in the household....glad the Malibu is working out well!

11 hours ago, loki said:

my mazda's was like 479 for ~25K, 5 years

refied down to ~356 for 5.5 years, but am at pace to pay it off in the original 5 years.

Good, I hate car payments.  Glad that is working out well for you also...!

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8 minutes ago, Drew Dowdell said:

My Cutlass Convertible - $220

My CTS - $335

My Avalanche - $465

My Encore - $348

Lot of car for the $ with the Encore, glad that seems to be working out well for you and Albert.

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First loan was in 98, 150 a month for a 93 Thunderbird 5.0 LX


Most current:

 

280 for the bug

260 for the Camry


Ridiculously high interest rate, but have had some issues over the years and hope to refi in a year or 2 for a lower interest rate/payment. 

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45 minutes ago, A Horse With No Name said:

Lot of car for the $ with the Encore, glad that seems to be working out well for you and Albert.

52k miles and it's been pretty much trouble free.

  • Upvote 1

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2004 Mustang GT - Loan was $10,500 - $198/month

2006 Mercedes C350 - Loan was $12,000 - I think it was around $225/month

2003 Mach 1 - I don't remember the loan but I believe I paid around $250/month I only paid 12,500 for the car so I'm not 100% on the rest of the numbers. I just remember my payments have slowly been scaling up for larger loans. It might have only been a 4 year loan for that payment. I know I didn't get a loan for $12,500 either. The loan was probably more like 10k.

2013 Ford Escape - Loan was $15,000 - $278/month 2.89%

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44 minutes ago, ccap41 said:

2004 Mustang GT - Loan was $10,500 - $198/month

2006 Mercedes C350 - Loan was $12,000 - I think it was around $225/month

2003 Mach 1 - I don't remember the loan but I believe I paid around $250/month I only paid 12,500 for the car so I'm not 100% on the rest of the numbers. I just remember my payments have slowly been scaling up for larger loans. It might have only been a 4 year loan for that payment. I know I didn't get a loan for $12,500 either. The loan was probably more like 10k.

2013 Ford Escape - Loan was $15,000 - $278/month 2.89%

The 03 Mach is a very nice car, kind of jealous you actually got to own one. Thinking of finding a Mustang of that era used, but my wife is not into Mustangs.

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11 minutes ago, A Horse With No Name said:

The 03 Mach is a very nice car, kind of jealous you actually got to own one. Thinking of finding a Mustang of that era used, but my wife is not into Mustangs.

Thanks, I loved it! It just wasn't practical in any way.. I'm glad I owned it while I did and I definitely want another 99-04 Mustang some day down the road. They're definitely not the fastest cars but they're the last of the small-ish Mustang and they're still a pretty raw car. No interior amenities and safety things. Just car and a switch to turn off the traction control.

This was mine. 9C7F8F3A-8FB3-446D-9EE9-5DAF16D64D18_zps

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Gorgeous!  I always wondered what would have happened if Ford had continued the modern design language with the 2005 Mustang.  The 99-04 cars are the most Modern/Contemporary Mustangs, and also have the fantastic modular v8 exhaust note.

 

They are a hard thing to not fall seriously in love with.

  • Upvote 1

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2 hours ago, ccap41 said:

Thanks, I loved it! It just wasn't practical in any way.. I'm glad I owned it while I did and I definitely want another 99-04 Mustang some day down the road. They're definitely not the fastest cars but they're the last of the small-ish Mustang and they're still a pretty raw car. No interior amenities and safety things. Just car and a switch to turn off the traction control.

This was mine. 9C7F8F3A-8FB3-446D-9EE9-5DAF16D64D18_zps

Beautiful!  i still love this gen Mustang.  Would love a Terminator, Mach 1, or Bullitt. 

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