Do You Have An Auto Loan?

[oldbuddy]

I just noticed an alarming statistic that the Auto Loan Debt is still rising and as of December 2018 it is now 1,274 TRILLION dollars.

I have two vehicles, but refuse to add to this staggering burden and can only imagine how much I have saved in interest over the years.

Once you get in the habit, it feels great to pay cash for your next car or truck.

[squirrelgirl44]

No, thankfully. Paid off my vehicle a year ago.

[snuggleycutejc]

Lyft and Uber has a preload account that you can have over $3,000.00 in it.

[dsosnowski06]

Yeap four more payments but was able to get zero percent from Buick for 5 years but paying it off in 3 years.  Paid a little extra every month to pay it off faster.  Salesman told me it pays to have excellent credit and look for the promotions

[gwilson31]

Yes I have a car payment.  I couldn't afford to buy one outright at the time so I got financing from the local credit union.  It has a low interest rate and I have 9 payments left.  Fusioncash plus a couple other survey sites are helping to pay it off. 

[NRAJOE]

Paid off my '05 F150 in 2010...I've had about $3,000 in repairs in the last 6 yrs but better than a monthly car note...I keep I up pretty good...just about to hit 70,000 miles.

[fjaz1]

No my vehicle is paid for and MINE

[Tresbn00]

I am sitting payment free on my nineteen sixty five jeep CJ-paid cash for it and it is one of the most reliable cars in our family! Not very fast, the heater does not work and the miles per gallon are low but I do not do much driving. I have my Son's nineteen ninety four jeep grand cherokee until the end of August which is also paid off and gets lousy gas mileage. I put six hundred dollars into his car last year but it has been owned free and clear since it was purchased three years ago. My  daughter has about four thousand dollars to go before her two thousand and ten corolla is paid off my wife is turning her lesed Subaru forrester back in next month and buying a lexus SUV with a loan for half the value (if she doesn't buy her forrester. My wife also has a two thousand and two Toyota MR2 Spyder.

[kathleenkleinhans]

Thankfully we do not have any loans on our cars.  We do have a small loan on our Class C RV!

[darkxtsuna]

My family and I do not have any loans for our cars so I'm good on that.

[gaylasue]

Yes, I have a car loan that is almost paid off.  I got it at 0% interest so it doesn't bother me to make payments.

[bremer51]

No car loans here.  I refuse to pay finance charges.  As soon as I buy a vehicle, I start slowly saving for the next one, 10 years down the road.

[timvolley]

i still have a zero percent interest loan on my car so no rush to pay it off unless i try and sell it.

[tnshpalmer85]

I have an auto loan and I look forward to paying it off. I don't regret getting a loan because I went through years of buying cash cars that did not last and wasted money. I have a car that is reliable and has a warranty.

[judylucas]

I lease so no car loans