Did she get a shock yet ? That can't be right for a 50,000 loan?
I have a 20k loan 5years and pay 151.87 a fortnight
From memory- mine started out at $33,000, traded in my toyota aurion for $8000- so started out with a $25,000 loan. It's down to about $22,000 now and I'm paying $610 off a month over 4 years. Once I pay out my personal loan though- I will pay it off quicker.
I have a $30K loan and I pay $168 a week. I bought my car brand new in 2010 and traded in my old car so used that money to pay the remainder straight up. I will own my car at the end of the year which is great!!
I have a $25k loan over 7 years and pay $385 a month. Such a god damn waste of money! I should have paid if off quicker but am horrible with money. One more payment left yay!
I'm getting a lease through work for our next one. I've looked into it and seems like the best option for us.
No we paid cash for our cars one brand new and one 1.5yrs old and about $20k underpriced with all the extras on the 4wd.
My DH loves cars researches them and our needs and hunts out exactly what we need the cost is a secondary thought with him I am not so interested in a car as long as it's safe and comfortable.
Nope. DF has a bad history with car loans, so now we don't get anything that can be repossessed.
I own my car outright now but I got it on a 21% interest loan. What an idiot I was. I quickly got a consolidated loan from the bank and paid that and my credit card out. I finally paid out that debt last year but it took four years. Never again.
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