What Is Your Average Monthly Car Payment? Please vote
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    View Poll Results: What is your avg car payment per car not including fuel, insurance, maintence.

    Voters
    312. You may not vote on this poll
    • $0 because they are paid off

      106 33.97%
    • $300 and Under

      34 10.90%
    • $301 -$600

      120 38.46%
    • $601 - $1000

      43 13.78%
    • $1001 +

      9 2.88%
    Page 1 of 10 12345 ... LastLast
    Results 1 to 25 of 241
    1. #1
      Member Tommietank's Avatar
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      What Is Your Average Monthly Car Payment? Please vote

      This is just to get descriptive data from our group here. The other day I read that about 33% of US single family homes are paid off, which got me thinking about our cars. How many of us have no car payment, and those that do, how much is it. Do not include insurance, fuel, maintenance. Just monthly payment including leases. Not judging here, just wondering for the poll.

      Personal note: In my car group of friends, we keep thinking $300 is a good monthly payment that number has been the same for years and years. As we age, $300 isnt going to cover much. And now the average auto transaction price is something like $33,000.

      Rule #1 for clicks
      Last edited by Tommietank; 09-13-2020 at 09:12 PM.
      Slow Car Fast

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    3. #2
      Planters (fasciitis) peanuts. Dang dogg Sold Over Sticker's Avatar
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      SS is $647. Lotus is my business.
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    4. #3
      Senior Member Iroczgirl's Avatar
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      Zero dollars.
      Lots of VW stuff|Rare Scirocco parts!
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      Quote Originally Posted by Crimping Is Easy View Post
      You're always better off with a Citroën.™

    5. #4
      Member Senior Member's Avatar
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      IBTFL :p

    6. #5
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      Quote Originally Posted by Iroczgirl View Post
      Zero dollars.
      Same.

    7. #6
      Member fknlo's Avatar
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      Somewhere around $800 a month for the M3. S2000 has been paid off for a while. I'm probably picking up a 2007 Prius tomorrow. Cash money baby.

    8. #7
      Senior Member dunhamjr's Avatar
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      4 cars, just one has a payment, it's about $350.

      Sent from my HD1907 using Tapatalk

    9. #8
      Member The_Real_Stack's Avatar
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      We try to keep payments below $500-600. Currently two of three cars are paid for. The third is a $400/mo lease.
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      My wife wanted a SUV with a manual transmission. I suggested a Wrangler, she said no way, too masculine

    10. #9
      Member Crispyfritter's Avatar
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      For a new pickup, $650 doesn’t feel too bad.

      Chris
      | 20 Ram | 13 Altima | 00 Tahoe | 94 Integra GS-R | 74 SuperBeetle | 62 Ford Unibody |

    11. #10
      Member Bibs's Avatar
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      Miata is 2006, and long paid. Challenger paid, and there’s a year left on the CX9
      $515/m, I believe.

      I’ll be glad to have it done, but the rate is so low, it’s not worth paying it off early. I also get $600/m car allowance, so the car payment is a wash for us.

      We also finished our mortgage this year. That was big relief, mentally. Especially is these wild times.


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    12. #11
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      17 s6, 9k down, 1.99% $650/m


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    13. #12
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      367/month for the S4


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    14. #13
      Member 0dd_j0b's Avatar
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      $720 for the Cadillac. 0 for the Mazda Ranger. It'll be nice to pay off the V.
      The past vehicles.
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    15. #14
      Semi-n00b
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      Acura MDX $623
      Subaru STi $420


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    16. #15

      What Is Your Average Monthly Car Payment? Please vote

      Subbie sti: $0
      lexus gx460: $333
      Last edited by Ilikewaffles; 09-13-2020 at 10:50 PM.

    17. #16
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      1 in 3 houses paid off in the land of leveraging to the hilt? i somehow very much doubt that statistic

    18. #17
      Member Elite_Deforce's Avatar
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      Cash money. Not the strictly smartest financial decision, but feels good.
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    19. #18
      Member Nealric's Avatar
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      Zero. Not a car loan kind of guy. Keeps me honest.

    20. #19
      Member kiznarsh's Avatar
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      GTI's paid off. A couple jnms for the Cayman since I financed half of it.

    21. #20
      Geriatric Member Hostile's Avatar
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      STI was paid off last month but that was $330.

      The Golf will be paid off in March and that's about $430.
      iain

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    22. #21
      Member
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      Miata is right under $300/mo.....cheap interest/short term so I'm ok with it. I also have new Michelin Pilots for said Miata run out for 6 months, 0% interest....I mean, why not?? I like borrowing free money for the cars.


      All others in sig are paid in full.
      '14 F-150 FX4 (bread and butter)
      '11 GTI (wifeys)
      '13 MIATA (dumb modified weekend thrasher)

    23. #22
      Senior Member Lwize's Avatar
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      I like a $300 monthly payment, so I adjust other parameters accordingly.

      My Rav4 tucked under at $296.99.

      No monthly payments is also nice - If only I could avoid buying another car for a while....
      TIL Motor oil doesn't come from motors.

    24. #23
      Member DrivinAW8's Avatar
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      For a daily, I’ve recently jumped into the $301-600 category. The lowest end of the range, at least.

      I would struggle to find a car that is modern/efficient/reliable/fun/fast/sexy enough for me based on my use case and superficial tastes/desires for a payment below $300/mo (leased or financed). That includes trucks, btw... their sexiness lies in their capability!

      For ‘fun’ cars tho? I’m not financing that. If I can’t afford to dump cash on it, it’s realistically too expensive a hobby for me. So that basically means anything with a total investment of <$10,000 (inclusive of all the deferred maintenance/repair costs it may need as well as modification/upgrade monies). Hopefully someday soon I can break into the <$50,000 bracket for hobby/enthusiast/‘fun’ cars, bc there are a LOT of options that fall under that price ceiling.
      Last edited by DrivinAW8; 09-14-2020 at 12:41 AM.

    25. #24
      Member Senior Member's Avatar
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      Quote Originally Posted by puma1552 View Post
      1 in 3 houses paid off in the land of leveraging to the hilt? i somehow very much doubt that statistic
      Possibly the data is for 65+ age group.

    26. #25
      Senior Member dunhamjr's Avatar
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      Feels like the poll could have had a few more options to have smaller $ groupings.

      Big difference in a $301 vs a $600 payment but both in the same grouping.

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