VWVortex.com - What Is Your Average Monthly Car Payment? Please vote
Username or Email Address
Do you already have an account?
Forgot your password?
  • Log in or Sign up

    VWVortex


    The Car Lounge

    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 4 of 10 FirstFirst 12345678 ... LastLast
    Results 76 to 100 of 241

    Thread: What Is Your Average Monthly Car Payment? Please vote

    1. Member Harold's Avatar
      Join Date
      Jul 31st, 2000
      Location
      New Hampshire
      Posts
      4,853
      Vehicles
      2018 Golf R, '96 993
      09-14-2020 11:24 AM #76
      $390 on the Golf R. Paying extra to finish off the loan sooner. Same with my home loan, was trying to pay off in 20 yrs , but will probably be 24-ish.
      2018 Golf R , '96 993
      past:2004 Passat 4Mo, 1.8T, stick
      '96 Audi S6, forced to sell, F. U. nh emissions
      '87 VW Quantum syncro wagon, got me into quattro,
      '85 GTI, 17 yrs , 280k miles, '75 Nova (first car)

    2. Remove Advertisements

      Advertisements
       

    3. Member
      Join Date
      Jul 6th, 2012
      Posts
      4,247
      Vehicles
      F
      09-14-2020 11:25 AM #77
      Quote Originally Posted by dunhamjr View Post
      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.
      Agreed, as someone closer to the $600 end of the spectrum, $300 seems like nothing and certainly not lumpable with mine.

      2012 Beetle: Paid off in 2016, payment was $381 for 60 months @ 0% (paid $22kish for the car). Still have but being replaced this week or next when her new car shows up.
      2017 Tiguan: $560 for 60 months, put nothing down (took $5500 positive equity from Coyote back as a check). Little less than 2 years left on it.
      2021 A-class: Need to figure out down payment ($10kish) and run numbers but will be somewhere in the $650-$700ish range I guess for 60 months.

      Carvana is offering $7650 for the Beetle which is excellent, currently planning on taking that + the $2500 deposit needed to order the MB and making that the down payment, but with owing $12k on the Tiguan it's tempting to cash the Beetle out and throw it down on the Tiguan. Need to run numbers and play around a bit, I have options.

    4. Member The_Real_Stack's Avatar
      Join Date
      Oct 18th, 2016
      Location
      Arlington Heights, the center of the universe
      Posts
      3,742
      Vehicles
      AP1 and JLU
      09-14-2020 11:28 AM #78
      Quote Originally Posted by LT1M21Stingray View Post
      This, if you invest the money, but most people will just spend it.

      Rich dad vs poor dad.
      The key is to use payroll deductions to invest it before you even see it.
      Quote Originally Posted by Volkl View Post
      My wife wanted a SUV with a manual transmission. I suggested a Wrangler, she said no way, too masculine

    5. Member adrew's Avatar
      Join Date
      Aug 14th, 2003
      Location
      Texas
      Posts
      19,095
      Vehicles
      '12 Yaris, '17 Corolla
      09-14-2020 11:29 AM #79
      Quote Originally Posted by The_Real_Stack View Post
      The key is to use payroll deductions to invest it before you even see it.
      Ours are on a smaller scale than most in here, but that's how all of our stuff is all set up.
      Improving the signal-to-noise ratio

    6. Member
      Join Date
      Jul 6th, 2012
      Posts
      4,247
      Vehicles
      F
      09-14-2020 11:32 AM #80
      Quote Originally Posted by Hostile View Post
      Shouldn’t you be leasing? I can’t imagine paying off a car that expensive early just to turn around and sell it for a huge depreciation hit.
      For a BMW with subsidized leases and inflated residuals he probably should.

      Then again so should I, since 2012 I myself have had 4 cars, all bought. Difference is I bought them all well and traded them all well and never put much down or rolled negative equity, have always had slight positive equity or better. It's like leasing without the mileage limitations, tire tread requirements, disposition fees, etc. etc. etc. Plus I'm free to get out when I see an opportunity and am not tied to any schedule.

      That said I also drive 16k a year, so leasing just doesn't work, but with this new WFH crap, if this ends up being permanent, I might lease; I've only driven 3k miles since March, and a lot of those miles were wasteful pointless driving anyway to go do stuff I really didn't need to.

    7. Geriatric Member absoluteczech's Avatar
      Join Date
      Sep 12th, 2006
      Location
      The Orange Crush
      Posts
      41,813
      Vehicles
      '19 Alfa Romeo Stelvio, '18 Mazda CX-5
      09-14-2020 11:34 AM #81
      Quote Originally Posted by puma1552 View Post
      For a BMW with subsidized leases and inflated residuals he probably should.

      Then again so should I, since 2012 I myself have had 4 cars, all bought. Difference is I bought them all well and traded them all well and never put much down or rolled negative equity, have always had slight positive equity or better. It's like leasing without the mileage limitations, tire tread requirements, disposition fees, etc. etc. etc. Plus I'm free to get out when I see an opportunity and am not tied to any schedule.

      That said I also drive 16k a year, so leasing just doesn't work, but with this new WFH crap, if this ends up being permanent, I might lease; I've only driven 3k miles since March, and a lot of those miles were wasteful pointless driving anyway to go do stuff I really didn't need to.
      you can get out of a lease anytime you want. as long as you cut a check for the "pay off" amount.

    8. Member
      Join Date
      Jan 26th, 2009
      Location
      Saint Paul, MN
      Posts
      3,167
      Vehicles
      2013 VW CC 3.6 4mo
      09-14-2020 11:35 AM #82
      $300 for the CC, $350 for the Alltrack. 60 month terms on both. At this stage of our lives with young children just coming off of daycare expenses, it seems frivolous to have any more money going towards transportation, especially in light of COVID and the lack of commuting my wife and I do since March.

    9. Turtles walk slowly, but get angry fast! Smooremin's Avatar
      Join Date
      Jan 10th, 2006
      Location
      Chicago, Il
      Posts
      9,271
      Vehicles
      2019 Audi eTron, 2018 R8 RWS, 2002 Chevy 2500HD, 1988 16v Scirocco
      09-14-2020 11:42 AM #83
      Quote Originally Posted by Tommietank View Post
      No one has a $1,000+ payment? I'm sure it's rare but no one in here? Maybe some fancy 911 lease/finance or some ridiculous F350 someone owns?
      Oh I do, but he asked for an average. My average isn't over it, but I sure have one, and will shortly replace it with another one


      Edit: Sorry, you're the he
      Last edited by Smooremin; 09-14-2020 at 11:48 AM.
      Quote Originally Posted by patrikman View Post
      Asking OT for relationship advice makes about as much sense as asking TCL what car to buy.
      Quote Originally Posted by ChillOutPossum View Post
      About 5 oclock I realized I needed to go to Costco for some white people stuff.

    10. Member 91gti20v's Avatar
      Join Date
      Jul 18th, 2001
      Location
      Orlando, Fl
      Posts
      4,895
      Vehicles
      '73 Camaro Z/28, '86 3.2 Carrera, '15 Touareg TDI & '05 LGT Wagon
      09-14-2020 11:46 AM #84
      The Touareg payment is ~$505. Everything else I own outright. I went for many years without a payment until I bought the T-reg last year. Plan is to pay it off ASAP and go for another stretch without payments.
      1986 3.2 Carrera Mini-build thread:
      https://forums.vwvortex.com/showthrea...-build-thread/
      1973 Pro-Touring Camaro build thread:
      https://forums.vwvortex.com/showthrea...8-build-thread

    11. Turtles walk slowly, but get angry fast! Smooremin's Avatar
      Join Date
      Jan 10th, 2006
      Location
      Chicago, Il
      Posts
      9,271
      Vehicles
      2019 Audi eTron, 2018 R8 RWS, 2002 Chevy 2500HD, 1988 16v Scirocco
      09-14-2020 11:49 AM #85
      Quote Originally Posted by oidoglr View Post
      $300 for the CC, $350 for the Alltrack. 60 month terms on both. At this stage of our lives with young children just coming off of daycare expenses, it seems frivolous to have any more money going towards transportation, especially in light of COVID and the lack of commuting my wife and I do since March.
      Sell the kids
      Get nice cars
      ?????
      Profit?
      Quote Originally Posted by patrikman View Post
      Asking OT for relationship advice makes about as much sense as asking TCL what car to buy.
      Quote Originally Posted by ChillOutPossum View Post
      About 5 oclock I realized I needed to go to Costco for some white people stuff.

    12. Senior Member 6cylVWguy's Avatar
      Join Date
      Jun 14th, 2000
      Location
      PA
      Posts
      27,247
      Blog Entries
      4
      Vehicles
      '18 Jeep SRT; '11 M3 ZCP; '94 SLC
      09-14-2020 11:49 AM #86
      Quote Originally Posted by Tommietank View Post
      No one has a $1,000+ payment? I'm sure it's rare but no one in here? Maybe some fancy 911 lease/finance or some ridiculous F350 someone owns?
      I do. Not on a sports car or F350.

    13. Member jetta4129's Avatar
      Join Date
      Nov 20th, 2003
      Location
      Shippensburg, PA
      Posts
      617
      Vehicles
      2019 Audi RS3, 1988 BMW 325i, 2020 BMW X5, 2015 Ford F150
      09-14-2020 12:13 PM #87
      Quote Originally Posted by Hostile View Post
      Shouldn’t you be leasing? I can’t imagine paying off a car that expensive early just to turn around and sell it for a huge depreciation hit.
      Certain situations the lease may make more sense but I also tend to mod a fair amount and have never really wanted to deal with putting cars back to stock or dealing with the dealer. The RS3 I paid off in less than a year but also threw in ECU & TCU tunes, suspension and new wheels so i'm sure that would have complicated a lease to some extent. In all reality cars are the one place in life I am okay losing money and I will not always make the smartest choices but with no kids, maxed out retirements and additional investments i'm okay with that.

      The X5 is the wife's car and she will be keeping that for a while so I don't mind paying it off aggressively. My main goal is to always only have 1 payment which forces more short term loans and higher payments. I will also need to replace the F150 soon and need to get the X5 paid off in order to allow myself to make that a possibility.

    14. Member
      Join Date
      Feb 16th, 2011
      Posts
      144
      09-14-2020 12:43 PM #88
      2019 Highlander - $707
      2014 AMG wagon - $1186

    15. Member iliveoncaffiene's Avatar
      Join Date
      Aug 18th, 2015
      Location
      Cleveland, OH
      Posts
      1,301
      Vehicles
      2020 Cayman GT4 - Miami Blue - PCCB
      09-14-2020 01:02 PM #89
      2020 GT Porsche (@72mo)... you know which one I answered

      Also, I don't think "average" is a good measure. I could have a $1000 payment and a $200 payment, and my "average" would be $600. But that's not representative of my actual payments - because I'd be answering lower than someone with 1 car at $700/mo., yet I'm paying more in total.
      Last edited by iliveoncaffiene; 09-14-2020 at 01:07 PM.
      ASP.NET / C# Software Engineer

      2020 718 Cayman GT4 - Miami Blue - PCCB
      2017 718 Cayman - GT Silver - PDK/Sport Chrono/PSE - gone
      2016 Golf R 6MT - Deep Black Pearl - gone

    16. Member ant the ninja's Avatar
      Join Date
      Apr 4th, 2013
      Location
      Fairfield County, CT
      Posts
      343
      Vehicles
      2020 Grand Cherokee Trailhawk
      09-14-2020 01:07 PM #90
      Mine - 2020 Grand Cherokee Trailhawk - $412 a month
      Wifes - 2020 Toyota 4 Runner SR5P - $380 a month

      Both leased as we both get tired of vehicles quickly although my wife absolutely adores her 4Runner so this may turn into a purchase.

    17. Member SchnellFowVay's Avatar
      Join Date
      May 20th, 2001
      Location
      Las Vegas, NV
      Posts
      15,198
      Vehicles
      '19 MDX, '17 S3, '08 987.1 S, '86 535is 5MT
      09-14-2020 01:10 PM #91
      Audi S3: $701
      Acura MDX: $838

      Both financed, 60 Mos., Zero down.
      Quote Originally Posted by Jimmy Russells View Post
      I used to pack his chute all the time

    18. Turtles walk slowly, but get angry fast! Smooremin's Avatar
      Join Date
      Jan 10th, 2006
      Location
      Chicago, Il
      Posts
      9,271
      Vehicles
      2019 Audi eTron, 2018 R8 RWS, 2002 Chevy 2500HD, 1988 16v Scirocco
      09-14-2020 01:18 PM #92
      Quote Originally Posted by iliveoncaffiene View Post

      Also, I don't think "average" is a good measure. I could have a $1000 payment and a $200 payment, and my "average" would be $600. But that's not representative of my actual payments - because I'd be answering lower than someone with 1 car at $700/mo., yet I'm paying more in total.
      This is very relevant to my life
      Quote Originally Posted by patrikman View Post
      Asking OT for relationship advice makes about as much sense as asking TCL what car to buy.
      Quote Originally Posted by ChillOutPossum View Post
      About 5 oclock I realized I needed to go to Costco for some white people stuff.

    19. Member burgerbob's Avatar
      Join Date
      Feb 5th, 2020
      Posts
      324
      Vehicles
      8 Fords, 1 Chevy and 1 VW
      09-14-2020 01:27 PM #93
      I'm now seeing the issue with "average payment"... the average payment on my vehicles is around $56 dollars.
      "keep it between the mayonnaise and mustard"

      ford x8 (mustang x4, thunderbird, lightning, svt focus, fiesta st)
      chevy x1 (2500hd)
      vw x1 (atlas cross sport) "I bought it"

    20. Member
      Join Date
      Oct 22nd, 2007
      Location
      Syracuse, NY
      Posts
      4,422
      Vehicles
      982, F22, E88, etc.
      09-14-2020 01:29 PM #94
      Kind of surprised nobody has asked for a 'negative' option. Must be someone that owns outright and rents on Turo.

    21. Member 2 doors's Avatar
      Join Date
      Jun 18th, 2003
      Location
      Baltimore, MD
      Posts
      5,874
      Vehicles
      '19 Accord EX Hybrid, '16 e-Golf SE, '04 Sequoia SR5
      09-14-2020 01:38 PM #95
      Quote Originally Posted by Smooremin View Post
      This is very relevant to my life
      At this time last year I owned 5 cars with payments on one. My monthly average was only $70! I have since sold off two (paid for) cars, and my average rocketed to $115. All while making the same payment on one car. So the key to wining at this poll is to buy a bunch of beaters for cash and then have one super expensive car that you finance.


      Actually though, most people are posting what their individual payments are, so it really doesn't matter.

    22. Learning New Things Every Day. GreenandChrome's Avatar
      Join Date
      May 24th, 2002
      Location
      COVID-19 Ground 0 - USA
      Posts
      15,808
      Vehicles
      '12 Earth F****r Limited EL; '12 A4q; '18 UBM Q3q
      09-14-2020 01:45 PM #96
      Quote Originally Posted by Smooremin View Post
      This is very relevant to my life
      Yeah, "average" doesn't really fit for a lot of folks. Should be "average for cars still w/ a loan."

      Quote Originally Posted by ghost03 View Post
      Kind of surprised nobody has asked for a 'negative' option. Must be someone that owns outright and rents on Turo.
      A reverse car payment, like a reverse mortgage?

      Where's Fred Dalton Thompson when you need him?
      "Excluding the possibility that a female Scandinavian Olympian was running around outside our house last night, what else might be a possibility?"
      If someone you know is afflicted with Dunning-Kruger, please help. #knowthecure
      @mbull | instagram #imhardlyeverserious
      __________________________________________ #srtallthethings

    23. Turtles walk slowly, but get angry fast! Smooremin's Avatar
      Join Date
      Jan 10th, 2006
      Location
      Chicago, Il
      Posts
      9,271
      Vehicles
      2019 Audi eTron, 2018 R8 RWS, 2002 Chevy 2500HD, 1988 16v Scirocco
      09-14-2020 01:47 PM #97
      Quote Originally Posted by GreenandChrome View Post
      Yeah, "average" doesn't really fit for a lot of folks. Should be "average for cars still w/ a loan."

      **** I wasn't even counting my two non lien cars. Just the two leased cars.
      Quote Originally Posted by patrikman View Post
      Asking OT for relationship advice makes about as much sense as asking TCL what car to buy.
      Quote Originally Posted by ChillOutPossum View Post
      About 5 oclock I realized I needed to go to Costco for some white people stuff.

    24. Member Nealric's Avatar
      Join Date
      Feb 16th, 2013
      Posts
      8,332
      Vehicles
      '16 WRX STI, Turbo S3 Alfa Spider, 2020 Ascent
      09-14-2020 01:49 PM #98
      Quote Originally Posted by GreenandChrome View Post
      Yeah, "average" doesn't really fit for a lot of folks. Should be "average for cars still w/ a loan."



      A reverse car payment, like a reverse mortgage?

      Where's Fred Dalton Thompson when you need him?
      Those already exist... sort of. All those payday lenders that use cars as collateral.

    25. Senior Member dunhamjr's Avatar
      Join Date
      May 21st, 2002
      Location
      Kent, WA
      Posts
      26,091
      Vehicles
      19 e-Golf SE, 13 Highlander Hybrid Limited, 06 Miata Sport, 05 Sienna LE, 02 Ninja 250
      09-14-2020 01:52 PM #99
      Quote Originally Posted by The_Real_Stack View Post
      The key is to use payroll deductions to invest it before you even see it.
      Absolutely this.
      Take "Pay yourself first" so literally, that you never even have an option to spend that money.

    26. Learning New Things Every Day. GreenandChrome's Avatar
      Join Date
      May 24th, 2002
      Location
      COVID-19 Ground 0 - USA
      Posts
      15,808
      Vehicles
      '12 Earth F****r Limited EL; '12 A4q; '18 UBM Q3q
      09-14-2020 01:53 PM #100
      Quote Originally Posted by Smooremin View Post
      **** I wasn't even counting my two non lien cars. Just the two leased cars.
      I don't want to give numbers to the wife because then I'll be driving a $200 s-box and she'll have something in the $1500/mo range.
      "Excluding the possibility that a female Scandinavian Olympian was running around outside our house last night, what else might be a possibility?"
      If someone you know is afflicted with Dunning-Kruger, please help. #knowthecure
      @mbull | instagram #imhardlyeverserious
      __________________________________________ #srtallthethings

    Page 4 of 10 FirstFirst 12345678 ... LastLast

    Posting Permissions

    • You may not post new threads
    • You may not post replies
    • You may not post attachments
    • You may not edit your posts
    •  
    vwvortex.com is an independent Volkswagen enthusiast website owned and operated by VerticalScope Inc. Content on vwvortex.com is generated by its users. vwvortex.com is not in any way affiliated with Volkswagen AG.