New car loan payments $1,000 per month ...
- Thread starter odie
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. Go to autoguide.com and find the article under " Latest Auto News And Reviews " . Scroll down a bit and title is " Why Your Next Car Might Come With A $1,000 Monthly Bill ".Thank God, I don't have a dog in this fight
No one HAS to pay $50K for a car. No one.
All the more reason to maintain the things in my driveway that don’t have a payment.
I'm driving 25year old gas guzzlers. People think saving $300 a month in gas justifies $1300 in payments and additional insurance
If you want a new 3 row AWD family vehicle, its getting up near there. Fwd gets cheaper I guess, but there's no blowout Grand Caravans for $23k any more.
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From the article:
The report says that last year, 26 percent of people trading in their cars carried negative equity,
20 percent of buyers are back in the market three to four years after their latest purchase.
More proof that 1/5 to 1/4 of buyers are financially uneducated of just don't care.
Those people need a good used car and to maintain it for 10-15 years.
The report says that last year, 26 percent of people trading in their cars carried negative equity,
20 percent of buyers are back in the market three to four years after their latest purchase.
More proof that 1/5 to 1/4 of buyers are financially uneducated of just don't care.
Those people need a good used car and to maintain it for 10-15 years.
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Nope...but there are plenty of two-year-old models (not Grand Caravans, obviously, but Pacificas) with low miles for that money. Plenty of them.
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Right I immediately found several low miles Certified Preowned Pacificas at a Chrysler dealer near me for about $25,000
No thank you. That is more than my mortgage payment.
Used cars bought with cash only for me. Never had a car payment, never will.
Used cars bought with cash only for me. Never had a car payment, never will.
Some people can easily afford $1000 a month car payment,
Some can but they didn't get that way by being stupid.
Some can but they didn't get that way by being stupid.
LOL my last car loan was in 1975!
Not to mention cars are depreciating assets... I flat-out hate car payments.
I'm shopping for a vehicle to replace the Odyssey and the $1000/mo payment is a reality.
You can either pay it in cash up front or monthly, but if you want a new car you're going to pay it.
You can either pay it in cash up front or monthly, but if you want a new car you're going to pay it.
That's more than my mortgage payment!
Glad my 2019 Toyota Tacoma with 18K miles is paid off.
Ed
Glad my 2019 Toyota Tacoma with 18K miles is paid off.
Ed
