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What are your payments a month?

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Old 10-04-2008, 07:50 PM
  #166  
rrrevin
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$0.00

Paid off in less then 8 months.
Old 10-06-2008, 10:17 PM
  #167  
SmEeDwOkEr
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Leased

$4k down
15k a year for 2 years
$395 a month
Old 10-06-2008, 11:08 PM
  #168  
shrpshtr
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purchase..$794/mo x 60 mos. zero down..
Old 10-08-2008, 06:02 AM
  #169  
Brush
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G37s fully loaded to the max
Purchased in Septemeber of 07
7k down leased fOr 590 a month...i really wanna buy this car
Old 10-08-2008, 03:24 PM
  #170  
djkymar
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42K sticker price
Lease 2 years
0 down
550 month
Old 10-08-2008, 05:27 PM
  #171  
Lije Baley
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60 months @ 0.9%
725 per month

08 / G37S / PG / Stone / 6MT / Prem / Nav / Illum Kicks / Trunk Mat Net / Splash Guard / Clear Bra
Old 10-10-2008, 12:06 PM
  #172  
blue_z
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these are some crazy monthly payments i'm seeing.. do you guys live at home with your parents or something??
Old 10-10-2008, 12:18 PM
  #173  
OGtripleOG37
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43K OTD
financed
0.00 down
5.25% from navy fed
704 monthly for 72 months....OUCH!
Old 10-10-2008, 01:36 PM
  #174  
Keng
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Originally Posted by blue_z
these are some crazy monthly payments i'm seeing.. do you guys live at home with your parents or something??
700-800ish is alright if you have a full time job. It's tough for part time student though in my opinion and might not applies to everyone.
Old 10-11-2008, 12:30 PM
  #175  
Lije Baley
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Originally Posted by blue_z
these are some crazy monthly payments i'm seeing.. do you guys live at home with your parents or something??
My mother is 86. I've actually been living on my own for a few years...
Old 10-11-2008, 06:37 PM
  #176  
chasemyaccord
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Originally Posted by Lije Baley
My mother is 86. I've actually been living on my own for a few years...
lol

wow, i would hate to have ~800 / month car payments for 5 years...but then again, if you got a 0.9 financing rate, i guess it's all gravy in the end. better off having it in the stock market or something...well actually if i put my down payment in stocks back then i'd be screwed now lol.
Old 10-11-2008, 06:39 PM
  #177  
Keng
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Originally Posted by chasemyaccord
lol

wow, i would hate to have ~800 / month car payments for 5 years...but then again, if you got a 0.9 financing rate, i guess it's all gravy in the end. better off having it in the stock market or something...well actually if i put my down payment in stocks back then i'd be screwed now lol.
By the time you reach 3 years into the payment, the raise from your job should cover most if not all the payment already.
Old 10-12-2008, 08:45 PM
  #178  
Dr. Sumtin Wong
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Originally Posted by Keng
By the time you reach 3 years into the payment, the raise from your job should cover most if not all the payment already.
From what I've been reading... most of the people on this forum (from a financial planner's point of view) ought to be purchasing USED Honda civics and paying them off in a year or two and be debt free for years. Do the young folks understand "opportunity cost" and "future value of money"? Instead of paying $7,000 per year in lease/finance costs on a G37... if you paid $3,000 per year on a car and invested the remaining $4,000 per year in an IRA... when it came to retire you'd have $500,000 per year for each year you chose to forego the car bling and invested $4,000! A 4-yr lease could be worth $2 MILLION in retirement (based on stock market 50 yr avg of 10.5%/yr).

Do the young folks understand this? You're not going to be young forever!

Dr.
Old 10-12-2008, 09:48 PM
  #179  
Keng
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Originally Posted by Dr. Sumtin Wong
From what I've been reading... most of the people on this forum (from a financial planner's point of view) ought to be purchasing USED Honda civics and paying them off in a year or two and be debt free for years. Do the young folks understand "opportunity cost" and "future value of money"? Instead of paying $7,000 per year in lease/finance costs on a G37... if you paid $3,000 per year on a car and invested the remaining $4,000 per year in an IRA... when it came to retire you'd have $500,000 per year for each year you chose to forego the car bling and invested $4,000! A 4-yr lease could be worth $2 MILLION in retirement (based on stock market 50 yr avg of 10.5%/yr).

Do the young folks understand this? You're not going to be young forever!

Dr.
I agree, some of the APR I seen are pretty insane...
Old 10-13-2008, 08:53 AM
  #180  
itsaGthing
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Leased

no money down lease, (paid 250 for title)

529.00 a month, 39 month lease, 15 k per year


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