(Closed) Tell me about your car loan

posted 5 years ago in The Lounge
Post # 3
Member
3078 posts
Sugar bee
  • Wedding: October 2012

@peasantsong:  I’m leasing right now, but I intend to purchase my current car once my lease is up

-39 month lease

-Payment is $288/month

-2012 Nissan Rogue S Special Edition (hooray for all wheel drive!)

 

Honestly I’m not sure what my APR is.  Leases are a little different as far as interest rate goes.  I work for the dealership that I’m leasing the car from so of course I got the best possible deal.

Congratulations on your purchase!  Financing a car is one of the best ways to help improve your credit!  I test drove the new Focus a few month back and they drive REALLY well!

Post # 4
Member
2552 posts
Sugar bee
  • Wedding: July 2013

-72 months

-7.5%

-$412 / month

-2005 Ford 4Runner Sport Package

 

Part of the reason ours is so high is b/c we ended up having to trade in a piece of shit 2004 VW Passat. I still owed about $8-$10K on that car but it ended up un-driveable within 2 years of purchase. The turbo booster would heat up & glow, one of the places we took it too put the wrong oil in & we had alot of sludge, the tire sensors were damaged when the place we took it too to change the tires took a jackhammer to my locking lugnuts (the car didn’t come with the key for them) the day before we were scheduled to move (my FI nearly had the cops called on him for blessing the owner out once we realized what they did), & the spark plugs would go out every 100 miles or so (eventually had to keep a spare box in the trunk 24/7). The turbo & spark plugs were all recalled but we decided to take the hit & just trade it in b/c we are 5 hours away from any dealer that will do the recalls & had no way to even get it there (due to the recall issues). Turns out my German made 2004 Passat was actually made in Ugoslavia from 02-05, until VW realized all the issues as a result. So we probably lost around $5-7K on that but it was worth it in the end….

Post # 5
Member
582 posts
Busy bee
  • Wedding: October 2012

36 months

4.5% interest 

My payment is $175 per month.

2007 Ford Focus

 

I love my car!

Post # 7
Member
294 posts
Helper bee
  • Wedding: December 2012

60 months, 2.49%, $415/month for a 2009 Murano SL. I made no down payment and my trade didn’t bring anything after we paid off the loan.  I could have bought a cheaper car and would have a smaller payment, but…I love my car!

(edited for bad math!! five year loan, not six!)

Post # 8
Member
9057 posts
Buzzing Beekeeper
  • Wedding: June 2010

What is your loan length? 5 years

What is your APR? 1.9% financed directly from Toyota

What is your total monthly payment? $174, $6000 down when I purchased

What year, make, and model did you buy? Toyota Yaris

Post # 9
Member
369 posts
Helper bee
  • Wedding: October 2014

2013 hardtop mini cooper s

3. something%

72 months

$482/month no  money down

 

I work for an audi dealership so I feel like I went in knowing what to expect and knowing how much the interest for a new car with good credit should be.

Post # 11
Member
369 posts
Helper bee
  • Wedding: October 2014

@peasantsong:  I love love love my mini. I either wanted an itty bitty car or a giant suv. The mini is so much more fun to drive!! 

Post # 12
Member
690 posts
Busy bee
  • Wedding: May 2013

The car is all paid off now, but 2 years ago 

2008 BMW M3 Sedan

We put $5000 down

60 months

3.9%

About $1100 a month & a end of the term payment of I think 16,000 (if we didn’t pay off the car earlier)

Post # 13
Member
3082 posts
Sugar bee
  • Wedding: July 2014

What is your loan length? 5 years/60 months

What is your APR? 2 point something%

What is your total monthly payment? 247.83

What year, make, and model did you buy? 2010 Honda CR-V EX 

I bought it new about 2.5 years ago. 

Post # 15
Member
690 posts
Busy bee
  • Wedding: May 2013

@peasantsong:  Yeah, haha. by the end of it, we had paid something like 86?

Add than he told it, for a RS46 M3. 

Post # 16
Member
476 posts
Helper bee
  • Wedding: January 2013

What is your loan length? 5 years

What is your APR? 2% through my credit union

What is your total monthly payment? $227.13/mo

What year, make, and model did you buy? 2012 Nissan Altima

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