msp payments?

[TURBO3WAGON]

$205.00 / 5.99 / 10K DP = 11,500BAL

 

[bcbadboy]

I agree totally...If I didn't have a 0% apr loan on my Protege ES, I probably would have done the same thing. Seeing how you are 29, you probably waited a while to have children, so you would be more financially stable and still be able to afford life's luxuries.

Thank you very much for seeing my point. I have been saving money for a long time now. I was 27 and 28 when I had my kids. All my money before that was being saved up for a rainy day. Well that rainy day came and I paid off my car.

 

[Cirielle]

Dude

I am 29 years old, Married, and I have 2 kids. Girl 2 years old, Boy 2 months old. $20,000 didn't hurt me at all. Now paying all the interest on that car for the next 6 years would not be cool. I can save all that money for my kids education.

First off, not a dude! Secondly, not that far behind in age - 25.
Thirdly, I will be paying this car off early as well. My point still is though, that 20,000 is not something to balk at! I have been saving for my daughter's education since I was 4 weeks pregnant. Most people don't have 20,000 just lying around to say okay, lemme pay my car off. That is why they have financing. I guess it also depends on when you bought your car and how much money you put down, how much you make, etc, and of course where you live, if you own a home or not.
Then it goes into whether you are paying on school loans etc. But still most people just don't pay off a 20,000 car in a day!

 

[bcbadboy]

First off, not a dude! Secondly, not that far behind in age - 25.
Thirdly, I will be paying this car off early as well. My point still is though, that 20,000 is not something to balk at! I have been saving for my daughter's education since I was 4 weeks pregnant. Most people don't have 20,000 just lying around to say okay, lemme pay my car off. That is why they have financing. I guess it also depends on when you bought your car and how much money you put down, how much you make, etc, and of course where you live, if you own a home or not.
Then it goes into whether you are paying on school loans etc. But still most people just don't pay off a 20,000 car in a day!

Ok dudette. I understand what you are saying. Anyways I had the money and I just paid it off.My wife and I have very good high paying jobs. I didn't put nothing down cause my credit union didn't require it. I am not trying to brag or anything, but I just guess I am well of better than others. Not my fault I have money.
I know I am no better than anyone here cause I am not, but I have no car payments now.

 

[Cirielle]

Okay, just read about the "saved up for a rainy day comment". That kinda makes sense to me and kinda not. I am saving up for a retirement day and would not take that money to pay off a car. I would try to pay off my car early (as stated before), but I would take the 20,000 I have been saving and put that into something I couldn't touch or wreck for that matter. I mean it is nice to say that you have this or that paid off. I paid for everything for my daughter's birth and her stuff (i.e. furniture, clothing, hospital bills etc) with cash up front and paid off some other bills I had in the 9 months that I was pregnant. That was like 10,000 there, but I also had about 3,000 that I got from vacation time and I worked ~60-70 hours a week up until my daughter was born.

 

[2K3 MSP]

Ok, back on topic...I put $2,000 down, pay $356 a month, with a 7.99% APR. I have very good credit and that's the best they could do. Even better than my bank. I am also curious how you got such low APR's. If I go through a credit union to pay off the balance on the car, I might be able to get it lower now, but damn...

 

[bcbadboy]

Okay, just read about the "saved up for a rainy day comment". That kinda makes sense to me and kinda not. I am saving up for a retirement day and would not take that money to pay off a car. I would try to pay off my car early (as stated before), but I would take the 20,000 I have been saving and put that into something I couldn't touch or wreck for that matter. I mean it is nice to say that you have this or that paid off. I paid for everything for my daughter's birth and her stuff (i.e. furniture, clothing, hospital bills etc) with cash up front and paid off some other bills I had in the 9 months that I was pregnant. That was like 10,000 there, but I also had about 3,000 that I got from vacation time and I worked ~60-70 hours a week up until my daughter was born.

Remember that I have 2 incomes. I see that you are doing it on your own which I compliment you on. I live in Miami and everything down here is cheap pretty much. I still have money saved up for my children and my retirement is taken care by my job. I work for the Government, so that have me on a good deal. I also own a house and I am still making payments on that. Paying off my car save me $390 a month and about $6000 in interest. Yes children are expensive but My parents and my wife's parents buy them everything.

 

[TURBO3WAGON]

It looks like some things are better left unsaid

HP

 

[Vicocola]

sounds like i definitely got ripped the most... 370/month + 6600 down.. 4% APR

 

[Ryan]

lol you got 4 kids and u paid off ur msp, LOL man, i wish you were my dad you gonna buy each of them a 20k car when they reach age 16? oh why not surely you can afford if if you can throw down 20k to pay of your car and still have money to help you kids out wow.. thats impressive. now pay mine off and lemme pay you back 0 % interest aiight?

 

[Cirielle]

Remember that I have 2 incomes. I see that you are doing it on your own which I compliment you on. I live in Miami and everything down here is cheap pretty much. I still have money saved up for my children and my retirement is taken care by my job. I work for the Government, so that have me on a good deal. I also own a house and I am still making payments on that. Paying off my car save me $390 a month and about $6000 in interest. Yes children are expensive but My parents and my wife's parents buy them everything.

Well I have 2 incomes as well. Initially when I was pregnant, my husband didn't understand that children are expensive. So I paid for everything. Plus at that time we had just bought the Spec V and so we had a new car loan. Don't relay on retirement solely by the gov't! I used to work for them and really unless they are uber great gov't (difference between local, state, and federal) then the retirement plan is going to be hardly enough. Now what I was saying before is that I would rather put 20,000 in my home than in a car. Pretty much with that amount I would rather it be a long term return. Short term things don't bother me. I would rather pay an extra 2,000 on my car than an extra 10,000 on my home. Plus I know that my home will appreciate.
You are lucky that your children have wonderful grand-parents that buy them everything. We only have one set and they like to splurge, but everything is not something that they do!
Now back to the real issue at hand -
I got my apr because I threatened to walk out immediately if I didn't get a better apr. They tried to give me 8.5% or some crap. The only reason I went with 5.99% is because me husband thought that would be fine. I would have like about a point off of that to tell the truth. You can always finagle your way into better apr and a better price as well. Don't play their game! They hate it, but just come to the table letting them know that you won't do what they want!

 

[Ryan]

or they tell you to take a hike, like they did this lady that wanted a mazda6 that was rare the one that there is only 1 in 11 states close buy the lady said i want this car i'll pay to have it sent here, but i want 3k off the top of the car, first off the car was rare secondly she wanted money off the top to becuz she said she was gonna pay to have it sent, then she said she wanted a better apr and they had had enuf at this point and told her to take a hike, and she said i'll go to another mazda dealer LOL not likely cuz after she left the guy called all the other dealers and they laffed and said i cant believe you took the 3k off the top lol they said they would not even deal with her. not all dealerships will play games. some will some wont its all relative to the area your in too i suppose. some will be as cold as your trying to be, and some will give you leway depends on the time of the year as well.

 

[Cirielle]

or they tell you to take a hike, like they did this lady that wanted a mazda6 that was rare the one that there is only 1 in 11 states close buy the lady said i want this car i'll pay to have it sent here, but i want 3k off the top of the car, first off the car was rare secondly she wanted money off the top to becuz she said she was gonna pay to have it sent, then she said she wanted a better apr and they had had enuf at this point and told her to take a hike, and she said i'll go to another mazda dealer LOL not likely cuz after she left the guy called all the other dealers and they laffed and said i cant believe you took the 3k off the top lol they said they would not even deal with her. not all dealerships will play games. some will some wont its all relative to the area your in too i suppose. some will be as cold as your trying to be, and some will give you leway depends on the time of the year as well.

But with APR, they can really give you leeway. They aren't getting the extra money, the bank is. The only reason they try to up the APR is to offset any other deals they give you, i.e. money off the msrp blah blah blah.
I got mine at S Plan which was below invoice. Then they wanted to play games, because with S Plan they couldn't play games. I didn't really care either way, and I think they saw that too. I was ready to go get a WRX if they tried to yank my chain even more!

 

[unwrittenLaw]

I stole mine off the lot.

 

[bcbadboy]

Well I have 2 incomes as well. Initially when I was pregnant, my husband didn't understand that children are expensive. So I paid for everything. Plus at that time we had just bought the Spec V and so we had a new car loan. Don't relay on retirement solely by the gov't! I used to work for them and really unless they are uber great gov't (difference between local, state, and federal) then the retirement plan is going to be hardly enough. Now what I was saying before is that I would rather put 20,000 in my home than in a car. Pretty much with that amount I would rather it be a long term return. Short term things don't bother me. I would rather pay an extra 2,000 on my car than an extra 10,000 on my home. Plus I know that my home will appreciate.
You are lucky that your children have wonderful grand-parents that buy them everything. We only have one set and they like to splurge, but everything is not something that they do!
Now back to the real issue at hand -
I got my apr because I threatened to walk out immediately if I didn't get a better apr. They tried to give me 8.5% or some crap. The only reason I went with 5.99% is because me husband thought that would be fine. I would have like about a point off of that to tell the truth. You can always finagle your way into better apr and a better price as well. Don't play their game! They hate it, but just come to the table letting them know that you won't do what they want!

Ok well enough about me. I am payment free. That's all that counts here.