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Old 06-02-2009, 01:44 PM   #1
StlRomAniaN

 
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Question How much are you paying monthly for car & insurance?

How much are you paying on your loan (if you have one) and insurance? Please state age, location, car, and insurance agency.

18
St. Louis
IOM 2SS/RS

State Farm Loan - $612/month 5.7% APR

State Farm Insurance - $164/month (Discounts include: Good Student, Steer Clear Safe Driver, and Multiple Line)

Not bad..
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Old 06-02-2009, 01:48 PM   #2
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wow, im so curious to see these replies... let's hear it!
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Old 06-02-2009, 01:52 PM   #3
StlRomAniaN

 
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So did I actually make a good thread? lol
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Old 06-02-2009, 01:53 PM   #4
Hemlawk
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Quote:
Originally Posted by StlRomAniaN View Post
How much are you paying on your loan (if you have one) and insurance? Please state age, location, car, and insurance agency.

18
St. Louis
IOM 2SS/RS

State Farm Loan - $612/month 5.7% APR

State Farm Insurance - $164/month (Discounts include: Good Student, Steer Clear Safe Driver, and Multiple Line)

Not bad..

The insurance isnt bad but all combined...

I havent gotten quotes yet. I'll see what happens and post numbers soon.
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Old 06-02-2009, 01:54 PM   #5
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58
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2LT/RS (on order)
4.5% with CU at work (already locked in)
My ins. with collision s/b about 1k for the year with Travelers
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Old 06-02-2009, 01:57 PM   #6
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3.75% with Navy Federal CU, $500/mo for 36 months. Haven't gotten an insurance quote yet.
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Old 06-02-2009, 02:03 PM   #7
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Home Equity LOC

If you have a home equity Line of Credit this is the perfect time to use it. Mine's 3.499%. The Low interest rate, and tax deductibility make it a great way to go.. Just be sure you do self amortization and have a backup plan if interest rates start to go too high, ie convert to fixed rate or paydown.
I'm an old guy so insurance is cheap. $750 per year
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Old 06-02-2009, 02:08 PM   #8
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If you have a home equity Line of Credit this is the perfect time to use it. Mine's 3.499%. The Low interest rate, and tax deductibility make it a great way to go.. Just be sure you do self amortization and have a backup plan if interest rates start to go too high, ie convert to fixed rate or paydown.
I'm an old guy so insurance is cheap. $750 per year

Yeah but most LOC are interest only. There is no way I would tack that on to my house. Good luck with that.
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Old 06-02-2009, 02:12 PM   #9
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Yeah but most LOC are interest only. There is no way I would tack that on to my house. Good luck with that.
+1 No way you're gonna convince me it's a good idea to mortgage a house to buy a car.....
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Old 06-02-2009, 02:23 PM   #10
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fort worth
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Old 06-02-2009, 02:25 PM   #11
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allstate $103/ $700 a month ouchhhhhhhhhh
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factory motor factory trans, Gpi ss4 cam stock heads ported and milled, full exhaust, circle d 5c 4000 triple disk, 3:91 rear end with posi mod, cai, bmr derlin rear diff bushins, bmr derlin cradle bushins, bmr trailing arms, toe rods with bushings, and bmr anti extreme sway bar. Weld rt-s 17x5 fronts and 17X10 rears on mickey thompson et street r's
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Old 06-02-2009, 02:26 PM   #12
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1SS/RS $33500 MSRP with $8,000 down on a 48 month lease $327.00 a month and $590 every 6 months for insurance.I'm 46 years young and i live in Flatrock Michigan.Also have a renters insurance policy through State Farm and a multi car discount.
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Old 06-02-2009, 02:31 PM   #13
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1SS/RS $33500 MSRP with $8,000 down on a 48 month lease $327.00 a month and $590 every 6 months for insurance.I'm 46 years young and i live in Flatrock Michigan.Also have a renters insurance policy through State Farm and a multi car discount.
now THATS more like it.
wow.
i can live with that. $327????? thats insane. im sure when the short lease is up, ... you'll finance the rest!!!! right? see... this is the deal i need to make.
CONGRATS
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Old 06-02-2009, 02:33 PM   #14
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2SS/RS IOM Geico $800 a year, My husband and I are both 29 with no tickets or accidents. Payment is $502 a month for 5 year with a down payment.
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