What do you pay a month in car payments?

[Kevin]

Wow. I pay the car off in October @ $250/month (I've been overpaying, I think it's like $225/month).

My insurance is $67/month.

[ZTAngel]

I don't have a car payment since the car was purchased in full. My insurance runs me about $100 per month.

[CarolinaDG]

Originally posted by bluz4
some of yall are lucky as crap:

2001 vw VR6 $411; insurance $214.

That sounds about right to me, though. When I was looking at a Celica (completely stripped of options) it was $350/month. And $214 considering sports car, fairly new, and I'm assuming you've had tickets and don't have any other things insured with the same company, sounds about right.

P.S.-One of the reasons my insurance is low is because I have renter's insurance on my apartment also through State Farm... My father pays $35/month on my Mom's 2000 VW Jetta b/c he has multiple cars. State Farm gives deductions for more than one insurance line under the same policy (household).

[amanda6035]

Originally Posted by CarolinaDG

When I was looking at a Celica (completely stripped of options) it was $350/month.

I have a 2003 Celica GT. I have 2 more years to pay on it, $442 a month (ouch....I got a ton of add-ons, though) but my insurance is only $77 a month.

[SoCalGirl]

Originally Posted by AlphaFrog

Try Progressive and esurance. They both quote other companies for you as well.

I think the biggest strike against you is that you've had your license less than a year, so they kind of see you like a 16 year old.

My insurance is only affordable because I'm female, married, have a clean record, have been driving for 8 years, and have a multi-car discount.

Could you possibly check with your mom's insurance (if she drives) to see if you could get on with her for a multi-car discount?

Originally Posted by AlphaFrog

Nope. I've just had the pleasure (ha!) of shopping in multiple states several times for several different cars. I've shopped for/insured a Plymouth Sundance, Pontiac Bonneville, Chrysler Cirrus, Chevy Aveo, Chevy Tracker, Pontiac Montana, Ford Ranger, and compared rates for my parents' motorcycles. I've gotten tons of tips on how to save money from our Nationwide agent, who we're now using. I got us a package deal, and we save a ton of money because all of our cars/motorcycles are on the same plan, we're all married, and we all have clean driving records. Well, except the ticket my mom got last month. That's probably going to jump her insurance up.

Ok, now that I've just rambled on like a Progressive commecial, I'll stop.

So you realize that your advice, in green, doesn't hold true everywhere? In certain states age matters over experience, in other states experience is the most important. When I was a licensed insurance agent and had to occasionally do quotes in NY, age mattered more than experience. In CA the opposite is true.

[AlphaFrog]

Originally Posted by SoCalGirl

So you realize that your advice, in green, doesn't hold true everywhere? In certain states age matters over experience, in other states experience is the most important. When I was a licensed insurance agent and had to occasionally do quotes in NY, age mattered more than experience. In CA the opposite is true.

I would think that it would depend more on the insurance company than the state...are there state mandates for that sort of thing? It doesn't seem like something a state would regulate.

But, then again, NC is the only state in the union where your health insurance can't be changed during the year due to your age putting you in the next bracket, it can only change at contract renewal time. So, I guess states choose to regulate random things all the time.

[KSUViolet06]

My car was a gift so 0$, but my insurance is $120/month.

[amycat412]

2003 VW Jetta GLX w vr6 and every available option and no money down $505

Insurance $219

[AchtungBaby80]

$262 a month for a black 2004 Dodge Neon. My parents pay my insurance because they paid my older sister's up until she got married (at age 35), so thank goodness for that. I'm trying to refinance and get my payments lowered, though...wish me luck.

Edited to add: My family does the State Farm thing, too--all four of our vehicles are insured with them, and we get some sort of discount.

[smiley21]

when i had a 2001 Toyota Celica, the monthly payment was $458. i have a 2004 Honda Accord now and the monthly payment is just slightly lower, but i rather not say what it is.

How much was some of your vehichles?? Mine was 34,900 and we got it down to 32,500 paying cash when we purchased it.

[tld221]

... because i recently acquired a car, and i dont know much about car insurance.

my Geico quote is $141. the car is a 92 Ford Tempo (hey its old but its my first car!). is that reasonable?

[APhi Sailorgirl]

Is that for the year or 6 months? Either way sounds like a great deal from GEICO who can usually be the most expensive behind Progressive.

[tld221]

Originally Posted by APhi Sailorgirl

Is that for the year or 6 months? Either way sounds like a great deal from GEICO who can usually be the most expensive behind Progressive.

... actually that's $141/month...

(NY insurance IS supposed to be expensive right?)

[AlethiaSi]

2005 Honda Civic VP (that means value package ppl lol) its standard, cd player, and air conditioning... roll down windows, manual locks, nothing fancy (but the stereo is actually pretty good and it's a beast and I get 40 miles to a gallon)
I pay $250 a month, but usually there are late fees because I never have the money to pay it on time.
My insurance is like $250/ month.