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Thread: Not having a car payment
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01-01-2012, 09:52 PM #31
we have 4 cars in our family 2 paid for ( that the 23 yo and 20 yo drive )
mine that has a payment that plan is pay off early and hold onto for as long as its safe and reliable
dh will always have a payment - part of his salary is for a car that they prefer to be under 3 years old as he is out dealing with the agents and companies that bond with him - old beater would make them question how the company he works for is doing , good news it use to be leasing saabs - UGH gas guzzling - $ to fix - not anymore last 2 cars have been honda civics for good milage . first one we paid off rest of loan and gave to oldest ds when he graduated college . i would rather at least have the money from the transportation allowance go towards actually buying us something in the long run .*~Debbi~*
Happily Married Mom to 5 ;
PT Home Care RN 
Living with FMS
“Fear less, hope more; Eat less, chew more; Whine less, breathe more;
Talk less, say more; Love more, and all good things will be yours”
Swedish Proverb
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Getting Gazelle like 7/1/10
Paid off 6 CC's totalling $6807 in 2010
Paid off car 9000
2011
Quit 2nd Job for health reasons so going slower .
2012
purchased used car in cash 5000
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01-03-2012, 12:30 PM #32
As far as my parents. They know I've been pretty frugal since I can remember, so it's virtually impossible to surprise them with what I did/do and they are very supportive.
My first car I paid $300 for it to get back and forth to college and about. 2nd car I paid $3500 for it.
My current car is an 07. I got it in 07 new and put a pretty big downpayment in relation to the cost. Paid the rest in under two years. Will never finance a car again.
A lot of friends finance, but they know me so they don't judge. Plus again, they know me so they know I wouldn't care if they did.
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