Monthly car payments hit record high of $712 in May

[KnickstapeCity]

I hear ya, but times have changed. Car loans are well beyond 5% now.

A family member bought a car around Thanksgiving and his interest was like 2 point something.





Excellent credit, though.

 

[greenvale]

A family member bought a car around Thanksgiving and his interest was like 2 point something.





Excellent credit, though.

Was it new? Possibly special dealer financing. My score is in the 800s and I was getting quoted 6.5+ last week. Dealer had 3.9 so it was an easy cop

 

[KnickstapeCity]

Was it new? Possibly special dealer financing. My score is in the 800s and I was getting quoted 6.5+ last week. Dealer had 3.9 so it was an easy cop

Yes, a 2023. Subaru dealership in Queens.

 

[thelonious21]

In Jan 2017, I bought my current car for 22k. It's a 2016 Acura TLX base model with 15k mileage at the time

6 years ago fam.
Things are different

 

[maxamusa]

A family member bought a car around Thanksgiving and his interest was like 2 point something.





Excellent credit, though.

how the hell!? shyt must have been 850 and they put buku bucks down or something....that's a steal....


or your fam cap

 

[KnickstapeCity]

how the hell!? shyt must have been 850 and they put buku bucks down or something....that's a steal....

Yes, and he put down about half the car. Around 22,000.

 

[BaggerofTea]

Know a girl paying $719 a month for a rav4 with $1500+ in rent and I know she isn't making more than ~$3000 month after taxes

Damn so that's why these hoes have onlyfans

 

[247Alex]

wife pays 605 for 2022 GLB 250 - i think its too much for what it is. shouldnt be more than 5 a month IMO.
literally 0 out of pocket other than drive off fees and DMV. paper work was signed aug of last year.
reading somebody paying 700+ for a fukking rav4 is insane . I can MAYBE understand if you have SUPER bad credit and NO cosign or down payment. but HOW

 

[⠀X ⠀]

wife pays 605 for 2022 GLB 250 - i think its too much for what it is. shouldnt be more than 5 a month IMO.
literally 0 out of pocket other than drive off fees and DMV. paper work was signed aug of last year.
reading somebody paying 700+ for a fukking rav4 is insane . I can MAYBE understand if you have SUPER bad credit and NO cosign or down payment. but HOW

Nowadays a Rav 4 can cost as much as that GLB. They’re nothing like the ones from the 90s

 

[tyfireman15]

I bout to get the Tesla Y, I defintitely be above average. Hopefully the maintenance free will be well worth it

 

[gho3st]

shyt I got my car in 2021 and I’m paying $172 a month. 2017 Lexus IS.

People that only put down like 5-10% of the total car price? Yeah you’re gonna pay a good note

people want to stunt

 

[International Playa]

I always buy my cars cash, nothing more than $5k. You can always get a reliable 8-10 year model

 

[getmoney310cpt]

Yes, a 2023. Subaru dealership in Queens.

You white lol don’t no nikkas drive Subaru

 

[King Sun]

The average new car out the door is 40k now in days not suprised

 

[KnickstapeCity]

You white lol don’t no nikkas drive Subaru