Car payment question

[Rado]

What's the most you would pay for on a vehicle? Now let me clarify this a bit. Make and model doesn't matter and has to be within YOUR reach(meaning not buying a Gembala Porsche)....I'll explain my view after I read some responses

[snickers1]

Re: Car payment question

to honest my last buy was a 04 honda pilot and now a days they is not much romm for haggleing... they don't care most foreign car dealers know if you don't buy the next person will... i mean they is always the small "internet price" deals they advertise sometimes... i just know i wrote a check for close to 32k and yes i cried when i saw that number i had written on the line ...but heck i love not haveing car payment

[Lily]

Re: Car payment question

hmmmm depends on the loan length and the interest and all that....i like to pay it off in as minimum amount of years as possible...i try to keep the payment $350- $375

[Rado]

Re: Car payment question

Well I own my 2004 TSX and i want to trade it for something It's a 2005(I'll tell in a bit) Jap car(my fav of all time) and they have a couple of them left. I love not having a car payment and I COULD afford the car I want; but the question is.......? Do I really need the car right now since I do have a nice car....? hmmmm....My mother tells me I'm fucking nuts, my GF said the same, her family said go for it if I want it(my own splurge) and my mind said hell yea But I honestly think I should wait....

[Rado]

Re: Car payment question

hmmmm depends on the loan length and the interest and all that....i like to pay it off in as minimum amount of years as possible...i try to keep the payment $350- $375

Loan length is 72 months(a reason for it)
APR(3.18)

[mick-G]

Re: Car payment question

I think 499. a month, but Rado it does depends on model. Example: an XType Jag runs about 50K cash or more. If i spend $50K or more cash out of my pocket then im loosing potential interest. But, if i spend 499. per month that is 6K per yr 18K total for the term. I don't give shit about trade in value, because i have to invest it back into a new car later. What matter is total investment versa potential loss in interest. Now if your going to make payments on a throw away car, i wouldn't go more than say $250. I would never make payments on a owned car. Either lease or buy cash. If you buy and then make payments, you loose the most.

[Rado]

Re: Car payment question

Funny how I was out shopping yesterday for a ring, and somehow I ended up at the dealership...lol...

[Rado]

Re: Car payment question

I think 499. a month, but Rado it does depends on model. Example: an XType Jag runs about 50K cash or more. If i spend $50K or more cash out of my pocket then im loosing potential interest. But, if i spend 499. per month that is 6K per yr 18K total for the term. I don't give shit about trade in value, because i have to invest it back into a new car later. What matter is total investment versa potential loss in interest. Now if your going to make payments on a throw away car, i wouldn't go more than say $250. I would never make payments on a owned car. Either lease or buy cash. If you buy and then make payments, you loose the most.

You and I think alike my friend when it comes to buying stuff....hmmm.....Will wait before I disclose my answer

[mick-G]

Re: Car payment question

What kind of car, how much the payments?, and what would be the price of the car if you paid cash? You plan on keeping it for 6yrs??

[O2BESOHUGE]

Re: Car payment question

GET OUT OF MY CAR RADO

[space mountain]

Re: Car payment question

350 to 500 bro !

[FUZO]

Re: Car payment question

Loan length is 72 months(a reason for it)
APR(3.18)

72 MONTHS TO LONG.4-5 YRS MAX

[Rado]

Re: Car payment question

$45,000K Loan amount

APR
3.18 %

Monthly Payment
$687.35

Total of Payments
$49,488.85

After I get $20K for my TSX, and I put down $5K.....Guess what kind of car yet? It's a jap made in heaven....

[SMILEY FACE]

Re: Car payment question

well depends how much u make....
but i would not pay more than 450 a month (that is wt my situation rightn ow) but if i had a better job no more than 750 a month

[Rado]

Re: Car payment question

72 MONTHS TO LONG.4-5 YRS MAX

Only reason I would do this is to bring payments down...I know this is just something that's in my head and I would have to seriously think about it.

I've always wanted an NSX-T Acura(some will say fuck that, get a vette/viper...lol...whatever) but I was saving money for a bike this year and my GF said it's a no if we plan on staying together and settling down; so I have to do that, not just for her but for my family.


Right now I'm at a point in my life that I want to give myself something of all the hard work I've done in these past few years.....Just a thought about the car, but a good thought that I'm going back on Saturday with my GF to see the car again.