What is your car payment?

**SheriH** · 12-28-2006, 01:42 PM

I was just curious to find out what most people are paying for their car payment?

Thanks
Sheri

**JustJoy** · 12-28-2006, 01:45 PM

We're paying $358/mo

**PAVallygrl** · 12-28-2006, 01:53 PM

0, Zip, Nadda, Nothing. I don't believe in paying interest to anyone if I can help it. I bought my 2004 Corolla for Ca$h and figured out what the monthly payments would have been. I now add that amount every month into an interest bearing account where I get the interest. So when I'm ready to buy a new car in a couple more years God willing, I will have the Ca$h once again to do so. Then I repeat the whole process all over again.

**AmyBoz** · 12-28-2006, 01:56 PM

We own my car outright and dh's payment is about $450, but we pay $500 each month and put the extra toward principal.

**bumplett** · 12-28-2006, 01:58 PM

we are doing the same as Amy ~ hubby's truck payment is $425 but we pay $500 + whatever we have extra trying to get it paid off, my Honda is paid for

**Edelweiss** · 12-28-2006, 01:59 PM

We haven't had payments for almost 3 years now (woo-hoo!), but our payments on our 2000 Dodge Neon were right at $300/month on a Smart Buy.

**YankeeMom** · 12-28-2006, 02:11 PM

Our van payment is $647 with 0% interest. We pay $700. It will be paid off in Aug 07

**YankeeMom** · 12-28-2006, 02:12 PM

Can't edit, but dh's truck is paid for. As is his Pontiac Firebird

**Sari** · 12-28-2006, 02:18 PM

Our truck payment is $403, but I pay $450 with the extra going toward principal.

**McD** · 12-28-2006, 02:48 PM

DH's car is paid for. My car payment is 161 a month and I have been paying 170$. Now that two of my cards are paid off, I will be paying more.

**FrugalMomof3** · 12-28-2006, 02:48 PM

I dont have a car payment anymore, but when we did it was like $305.

**3-boys-4-me** · 12-28-2006, 02:58 PM

$0 per month for mine and DH's is the same. When we did have them, we paid extra every month and were able to pay them off early.

**watchingpennies** · 12-28-2006, 03:14 PM

Dh just got a new SUV (he got a good deal on it - only 20,000 kilometres on it)....we bought it with our line of credit at the bank(better interest than a loan) and we can pay extra online at our bank...The payment should be about $605 a month but we have been putting extra on. A "nice" vehicle is important to Dh where I don't really care too much. My Honda is paid for and I plan to drive it until it dies which hopefully won't be for many years!