What’s your payment

[Mike550]

I just read an article in Car and Driver regarding the average monthly automobile payment: $550.00. Of course this made me curious about the average Gladiator monthly payment. I know we just met and all, but.... what is your monthly payment? Length of Loan or Lease? I haven’t pulled the trigger yet but mine will be $405.00 to buy a Rubicon.

https://www.caranddriver.com/news/a29338445/auto-loans-expensive-longer/

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[OL1970]

I’ll bring the average down a bit: $0 monthly payment

 

[Moabite]

I’ll bring the average down a bit: $0 monthly payment

Hey...your payment is identical to mine! I owe more on the Baja Designs lights added to the front bumper than I do on the Gladiator.

 

[rvillano8188]

5k Down, 72 months, $835 a month. 5k basically covered tax, title, license fees in NY

 

[spazzyfry123]

About $650/mo

 

[JP1]

I'm a third in the ZERO category.

 

[maxpower220]

As always, $0/month. I prefer pain just once.

 

[RambaLambaDingDong]

5k Down, 72 months, $835 a month. 5k basically covered tax, title, license fees in NY

Ouch

 

[Rex3rd]

I just read an article in Car and Driver regarding the average monthly automobile payment: $550.00. Of course this made me curious about the average Gladiator monthly payment. I know we just met and all, but.... what is your monthly payment? Length of Loan or Lease? I haven’t pulled the trigger yet but mine will be $405.00 to buy a Rubicon.

https://www.caranddriver.com/news/a29338445/auto-loans-expensive-longer/

Are you leasing?

 

[Mike550]

Are you leasing?

Purchase.

 

[GreenZJ]

I’m putting $20k down on my order. I expect a payment around $500 at 72 month financing

 

[rvillano8188]

This is such a subjective category. I will say for the people with zero payment, with money being as cheap as it is to borrow, why waste it by dumping it into a depreciating asset? Put 10-15k down, take the rest, and invest it into something. Interest rates are at historical lows, so use your credit and cash to build wealth.

 

[e36racer]

I'm with RV8188 on this one. I'm putting $18k down so my payments are $502/month with a BOA 60 month loan at 3.9%. I'll pay $600/month and pay it off in 48. All while the $28k still in my UBS account is making at least 7-10% interest over those 4 years.

 

[Otaypankey]

I’ll bring the average down a bit: $0 monthly payment

Plus one

 

[WhatExit?]

The difference between putting $5,000 down and a much larger amount doesn't reduce the payment enough IMO to warrant putting down the large down payment.

That said, my payment is...

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