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  1. #81
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    Quote Originally Posted by wannawannabe View Post
    Which is completely different to previous posters talking about how they get a new car every 3-5 years.
    i was referring to some previous posters talking about cars depreciating.

  2. #82
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    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

  3. #83
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    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.

  4. #84
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    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!!

  5. #85
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    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.

  6. #86
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    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.

  7. #87
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    Nope. DF has a bad history with car loans, so now we don't get anything that can be repossessed.

  8. #88
    Mod-pegasus's Avatar
    Mod-pegasus is offline ADMINISTRATOR
    and all that the Lorax left here in this mess was a small pile of rocks with the one word...UNLESS
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    Quote Originally Posted by monnie24 View Post
    And yes you can make money off cars. I would gp buy a hot rod, mazda r100, chevorlet and mustang. Just shove them in shed. Lol

    Sent from my GT-I9195T using The Bub Hub mobile app
    As I said - vintage cars.

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  10. #89
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    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.

  11. #90
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    Quote Originally Posted by Kimberleygal1 View Post
    i was referring to some previous posters talking about cars depreciating.
    But cars do depreciate. You're never going to make a profit.

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    Mod-pegasus  (07-05-2014)


 

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