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We currently spend $800 in car payments. About $400 for each car. My car is going to be paid off in a couple months. I can't wait! My husband's car will be paid off at the end of next year.
What about you?
No car payment for me. YAY! Hopefully my car lasts me awhile before I need a new car. Oh, and FI's car is paid off. =)
Mine is paid off. It has been for a while now, and it's still going strong, so I'm pretty happy about that!
I just bought a used car so I have payments for a few years. It was so nice to go 7 years with no car payment!!! You're so lucky!!!
On a side note, THANK GOD for this post, LOL my car payment is due tomorrow and I totally forgot! Thanks for the reminder!!
I pay $500 for mine, FI pays around $320 and our third vehicle is paid off. ( 2 people - 3 vehicles... we are crazy I know) I have an SUV, FI has a ' summer toy' and a truck.
We have 1 car between the 2 of us, DH drives it for work and gets company reimbursement. When we bought it we choose a longer loan with lower payments this was anticipating worse case senario. We figured if we were ever struggling, it would be much easier to come up with $200 rather than $400. Luckily we haven't had any issues and generally pay $300/$400 per month to get it paid off quicker.
Mine is paid off. When I was paying for it it was about $250 a month...I think? My SOs car is upwards of $400 though.
I don't remember exactly what ours is but I think it is a little over $500 / month. Our second car is fully paid off though.
I paid mine off in February (1 year and a half early!), but it was $400/month. DH's car payment is $500/month and we still have 2.5 years left on that one.
No car payment for either of us. We bought used, fairly new cars and paid in full.
Between FI and I were right about $1000. Mine is about $320 and his makes up the rest.
I sent my awesome, ten year old Explorer to her new owner last summer and bought a new car. I'm paying about $550 for my Honda Element (I love, love, love my Element!).
My Explorer had more life in her, but she was the age that I would have to pour quite a bit of money into her. That and rumors of Honda ending production of the Element prompted me to act.
My car is paid off. However fiance has a 2009 diesel truck and his payments are up there. I don't know exactly how much but I would guess 800 or so a month?
I don't have a car payment, I bought a newish used car with cash after someone totalled my previous car, but my FI's is $250 a month and he still owes about $4000. 16 months left. =/
We only have 1 car, and our payment is $310. I take the bus to work.
We have three cars (sigh) and zero payments (yay!). I have a 14 year old Lexus that my parents handed down, my FI cycles through trucks but always pays cash for them and fixes them himself, and FI's little fun sports car was paid off early this summer. Win!
No payments is new to me- before this car I had a $300 payment on a little sports car. I loved the car but hated the payments.
Just for my car, its about $480/month. I don't know FH's we pay car stuff separately now. I also over pay and have put my tax refund towards my car loan so hopefully my originally-5-year-loan is paid off in about 3 years. Then I'll be happy to be car payment-free for the first time since 2002 (I used to lease my cars until this current one).
My car is still running, thank goodness. We just paid off FI's car a few months ago. Hopefully my car lasts because we don't want to take out any loans right now since we are going to be buying a house in a few months.
We have 3 cars. Well 1 car 1 suv and 1 truck. Only the has a payment. It's a lower payment too because I only financed half. We pay extra on it every month. I am trying to pay everything off so the only financed item is the house
We pay $333 for our car. Our loan is up in August so we're really looking forward to banking that money every month. Having only 1 car has worked for us for over 4 years so we'll continue to do it as long as we can. Eventually we will need a second car but we'll be able to put down a nice chunk or possibly pay it off in cash.
No payments for us! But we do have the occasional $1000 mechanic's bill due to having 10+ year old cars. Sigh. He has a Toyota Tacoma and I have Subaru Forester. Love our cars ;)
I bought my 2002 dodge neon through a private seller I found on kijiji last year for $2000 cash. I don't really care about having a "new" car in my life, so I probably won't ever have car payments (knock on wood)!
I had to post because I just finished paying my loan off yesterday! Woot. I was paying about 350 american for my loan.
Now I have to do all this running around to make sure it's all in my name. It's a pain in the butt. But I own my car!
Our car is paid off! DH's truck is a company vehicle which can be used for personal use, so we usually take the truck out and save my car's gas/milage!
We don't have any right now but in a few months we will prob be in the $600-$700 range as DH is going out to a full package truck. Not looking forward to the payments, but I am looking forward to a reliable truck.
I own my car outright, so no payments for me right now. FI just got a new truck, but got a great deal, has 0% financing, and extended loan length, so his are less than $200 per month - for a four-door truck. Yeah. He is in love. Lol.
We're going to need something new for me as soon as we're "officially" TTC and/or pregnant, because my car is a two-door coupe sports car. We're looking into it now and I'm just like "Ugh, car payments."
mine is $367 now but I still pay the my normal monthly payment of $430. I'm at $14K left before I pay it off. I've been paying long enough now. I have a Prius and it's so worth the payments!
I bought my car for 25 !!!! Am slowly saving for a new used one though. My car wont last forever and I refuse to do a car payment. The interest alone is a killer.
I don't have a car payment. One car was $800, and the other was $1200. We are really lucky at falling into good cars for a great deal.
No payments for me; I am completely debt free! I'm driving a 2001 Toyota Camry affectionately named Bruce.
SO just got a Mustang and I think he pays around $300 a month aka about what he saves in gas by driving that instead of his old F250.
man, i can't believe how many people don't have payments! that is so awesome!
i drive a newer nissan xterra and my payment is $230.
Hubby drives a BMW M3, and his payment is $260. Ever since he paid the loan down he was able to refinance and get a much lower car payment.
I pay $320 month for my car. I have 3.5 years left of payments too :( But it is awesome that I was able to get my loan at 0% interest, so my last payment will be all for the car! With the no interest loan, I'm not in a hurry to pay off the car, and I'm paying off other debt faster instead.
My SO has both his car and motorcycle paid in full. But of course, his car is pretty old and will need to be replaced soon...sigh.
FI's car is fully paid off; mine is new and the payments are almost $500 a month
$0 yey! ... oh, wait... our cars are crap! We plan on buying a non POS car next month... HORRAY! and we plan on making about $300 a month for payments..
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