(Closed) Tell me about your car loan

posted 7 years ago in The Lounge
Post # 62
Member
77 posts
Worker bee
  • Wedding: June 2012

I just paid my car off 2 weeks ago. I paid it off a year early.

72 months/6 years

5.5% APR

$402 per month

2005 Ford Mustang GT. Had 9,327 the day I got it and had 34,227 miles on it the day I paid it off.

I love my Mustang almost as much as I love my husband. I have modded it to make it handle better and be faster, not to mention aesthetic things here and there. I don’t just appreciate a beautiful ring. I appreciate beautiful cars, too. Total female gearhead right here! My baby is beautiful and I’m proud of him!

Post # 63
Member
744 posts
Busy bee
  • Wedding: April 2013

What is your loan length? 36 months

What is your APR? 2.90

What is your total monthly payment? $548

What year, make, and model did you buy? 2013 Cadillac SRX Luxury Edition

 

 

 

 

Post # 64
Member
14987 posts
Honey Beekeeper
  • Wedding: June 2011

What is your loan length?  5 years

What is your APR? 0%

What is your total monthly payment? ~$400 (0 down)

What year, make, and model did you buy? 2013 Nissan Altima SV

Post # 65
Member
264 posts
Helper bee
  • Wedding: August 2012

@chocolatejazz:  No I live in Australia. My interest rate is normal here 🙁 My husband pays 15.4% I believe. We didn’t buy new cars, but the lowest I’ve seen here is like 1.9% on brand new cars, but generally not for the entire length of the loan.

Post # 66
Member
190 posts
Blushing bee
  • Wedding: November 1999

@MrsSmokey:  

Aww I’m sorry, that’s disheartening. Well the good news is that if you pay it off early, it should be less interest. I hope they don’t penalize buyers for paying off their loans early (some companies actually do this, and it sucks.) Anyway, hope you’re having a great day so far. 🙂

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