moeronn

Nice.

We're planning on getting the next vehicle using employee pricing through Toyota.

Danil ACE

Parents bought me my car with cash, so no payments here.

Sarlacc

You freely admit it, and they got you a nice civic.

I like you, you may stay

knight rider

iTrader: (1)

paid off over 2 years, but flirting with the idea of a car payment.

AS3.0CL

3.5 years left on my IS, 10K note, put cahs down and got a good trade in value.

overall at the time i was saving money because my car note plus gas was less then just gas per month that i was paying out. year later the savings are obviously larger, however i don't like having a car note...

i do want to get a bike towards then end of the summer because well thats the only time i could get into classes to get my license.

i do want to pay off the car but also get the bike.....but i'm wokring my ass off right now full time because i don't have class to worry about.

BraveDemon

The good:

Paid off the 02 TL-S 2 years ago...

Right about the time when I met my current GF (soon to be Fiance)

The bad:

However, I have payments due on my Law School loans in 6 months....

My GF also has payments due on her Law School loans in 6 months as well

Ridiculous ass price for Graduate Education FTL.

mrmako

Same here..... Its close to new car time, but I will not make payments. Strictly cash only. By not having payments, I can put a lot of money away for retirement. The last car I financed was my 98 Volvo (purchased in 99). Owned for 5 years, paid $250/month for 4 years. Boy was it nice to not have that payment.

I say, it's better to have a nicely used car that is paid off than a financed new one.

Now, if you can get a sweet financial deal, like 0% or something stupid low like .9%, then do that and let your money earn 3 -5% in a bond fund during that time....Financing is good in this situation.

my

SakiGT

I hear that.

In 4 years Ill have a higher student loan than the balance on my mortgage.

v6cord2k5

iTrader: (1)

5 more payments

demons rage

iTrader: (1)

2006 Honda Accord
Just finished paying it off about a year early....

but now i have school loans to pay off

Lister00169

Yep, but I am paying double over my monthly payment, so hopefully it will be paid off by years end

nokiaman

Payed the Audi cash. 1 year for the M5. Two and a half for the truck.

Mokos23

paid off last yr

RaviNJCLs

iTrader: (4)

This thread reminds me that some of you bastards make too much money.

GreenMonster

Not me... I'm poor... but I realize it's an acura forum, so a lot of these fockers are making 6 figures... And since Acura is a "bargain" luxury brand, the other half are probably cheap bastards like me...

I'm suprised at the lack of leases tho'... I would have thought we had more "ballers on a budget" or small business owners here...

RaviNJCLs

iTrader: (4)

I hear ya Greenie. I'm just suprised that there are so many in the low to mid 20's.

MarbleGT

I paid off my CL in January, then sold it last month.

So now im back into payments.

juniorbean

iTrader: (5)

Haven't had a car payment since 2004 although I am looking at something which may change that. We'll see. I'm one of the cheap bastards Greenie mentioned.... so who knows

F23A4

Well, I did not vote in the poll above as all three situations apply to me.

I own my Quest outright, lease the Murano and AV6 and my Altima V6 is being financed (though being paid for by my son).

invisiblewar

Rents helped me get my car, i used some inheritance money and they paid the rest

Will Y.

I am leasing the TL and voted in the poll a couple of days ago. I am cheap and on a budget (I'm married with children.... ), so I'm writing off a good portion of the lease and usage due to business use. No other car payments either.

However, the lease is up in a few months and I'm trying to decide whether to lease a different car (TL-S, 335i or whatever else) or keep the TL (great car, no problems at all besides a recent self-inflicted parking lot scrape) since the buyout amount is much lower than market value.

Dem1K

iTrader: (1)

All 4 of my cars were bought in full on the spot:

1) Lancer OZ: Dad paid in full
2) CL Type-S: $8,500 from the Mitsu, $8,000 from me, $3,500 from my dad
3) Prelude: $12,000 from the Acura
4) G35c: $7,500 from the Prelude, rest from my investments

`John

Brandon24pdx

Car payments don't bother me that much at this point...I like a decent car and don't mind getting what I pay for. Throwing down huge cash-money on a new car just makes me queasy for some reason. (Not that I could do that even if wanted to, but anyway.)

Student loans and credit card debt on the other hand... The student loans will be gone by the end of 08 if I have to eat macaroni and cheese till Christmas.

acuracl19992.3

I have no car payments right now. I just got done paying off my son's RSX, my daughter has her own car payment, my wife's TSX is at the end of the lease and is being returned, the Miata is paid off, the CL is paid off, the 1957 Chevy Bel Air is paid off -- no more payments for the first time in 18 years! Oh what a feelin' During that time there were days when I was making payments on five cars at the same time. The insurance is much better now, too since I got rid of so many of my cars and I'm down to only three.

Mokos23

wow, how much was that 1957 Bel Air?

Scrib

Two cars, two titles.

Mokos23

if i get a beater, i also will have two cars and two titles.

fast-tl

I hope I do this plan next time. Just bought my G35 in Jan 07 for 6 yrs but our Expedition has just over a year remaining. Our 3rd car is paid for (82 M-B 300SD greasecar project.) Ideally I'd like to get rolling on the Benz, and sell/payoff the G. This would allow us to retire the Expedition payment very very quicky and add $1200 to the monthly bottom line. The plan is to save some of that up for a cash purchase. It's hard with the G8, Camaro, Genesis sedan, etc. pulling at the heart strings. I've had car payments continuously since late '95, so it'd be nice to "try" living without them!

Mokos23

that's a long time