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What's the most you've paid or would pay for a car?

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  • What's the most you've paid or would pay for a car?

    Another thread got me wondering about this.

    Two questions:

    1. What is the most you have ever paid for a car?
    2. In current dollars, what is the most you think you would ever pay for a car?

    My answers:

    1. In 2000, we paid $26,000 for a brand new minivan.
    2. In current dollars, I don't think I'd spend more than $25,000 for a vehicle.
    Steve

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  • #2
    6000, but next time i am buying used off the side of the road so i can pay cash

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    • #3
      Good questions, the responses will be interesting...

      1) In May 07, I bought my car, brand new, for $21k (financed $11k, paid it off in Feb 09). I plan to keep it as long as possible, but I think my next one will be used.

      2) Normally, I would say I'd never buy a car for more than ~$25k. ........ However, I'll admit that my dream car is a BMW M3, so I know that at some point in the future, I'm gonna be spending at least $35k+ just on getting a used one -- if I were to go new, it'd be at least $50k. ....I'd better start saving my quarters...

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      • #4
        Interesting Question.

        1. What is the most you have ever paid for a car? We paid about $13k for a 1-year-old minivan (in 2006). This is by far the most expensive auto we ever bought. The most my spouse paid was $8k for a 1-year-old car (2001). We expect to drive both autos for 15 years.

        2. In current dollars, what is the most you think you would ever pay for a car? I'd guess about $25k. The only reason being my dh really wants a hybrid and I don't mind going new for a car that doesn't lose value rapidly. Besides that, cars aren't really our thing. BUT if I had my heart set on some luxury car down the road, I'd go used. I just don't see shelling out more than $25k for a car, no matter what our economic circumstances. & that would only be if we had $25k cash to spare. I would expect the car to last 20 years if I spent that much on it. We are used to driving much older cars.
        Last edited by MonkeyMama; 05-15-2009, 08:01 AM.

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        • #5
          Paid about 18k for my last truck(used). pretty good deal. 4WD, 3 years old, crew cab and not a scratch on it. I've had it for 7 yrs. and have travelled around the country in it. I've never bought a new vehicle and don't see a reason to.

          I may spend more in the future but it will be because I have more, since I didn't waste it on redicoulus finance charges.
          "Those who can't remember the past are condemmed to repeat it".- George Santayana.

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          • #6
            I was dumb and believed the dealer when they said they couldn't get me financing for a used car because I didn't have any credit. I tried to stay under $10,000 with my first car, but ended up paying $18,600 for brand new 2006 Ford Fusion, which we paid off a few months ago. I'll never buy a new car again for me, but the most I'd spend on a car in the near future would be $10,000 tops, used. DW wants a Cadillac Escalade as her dream car, basically a big luxury SUV in general, so when she gets to be a soccer mom with a few kids who are old enough to not make a giant mess of it, we'll think about it. But even then it will take a lot of persuading to not get it used.

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            • #7
              Originally posted by swanson719 View Post
              I was dumb and believed the dealer when they said they couldn't get me financing for a used car because I didn't have any credit. I tried to stay under $10,000 with my first car, but ended up paying $18,600 for brand new 2006 Ford Fusion, which we paid off a few months ago. I'll never buy a new car again for me, but the most I'd spend on a car in the near future would be $10,000 tops, used. DW wants a Cadillac Escalade as her dream car, basically a big luxury SUV in general, so when she gets to be a soccer mom with a few kids who are old enough to not make a giant mess of it, we'll think about it. But even then it will take a lot of persuading to not get it used.

              If it's for soccer mom purposes just get a freakin' Mini van. Escalades are great "statement" suv's but if it really doesn't fit the budget...forget about it.
              "Those who can't remember the past are condemmed to repeat it".- George Santayana.

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              • #8
                $50,000 for a new vette with everything on it! Our newest vette was actually less than that and I put half down.

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                • #9
                  1. $17k
                  2. $15k

                  For my next car, I just want the Toyota Yaris hatchback (or something like it). A slightly used one can be had for as little as $12k, but I'm budgeting up to $15k.

                  I'm just not really a car person. Might change my mind for something like a Miata some day, but ask me again in 15 years.
                  Last edited by Broken Arrow; 05-14-2009, 06:56 AM.

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                  • #10
                    Um, I'd maybe go up to 25K for a new Honda Accord, but that's about it. And it's doubtful I'd actually go that high.

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                    • #11
                      $15k for a new 2000 Ford Focus out the door with taxes, loaded, etc. And $12k for a 1999 Toyota Corolla.

                      I think $30k?
                      LivingAlmostLarge Blog

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                      • #12
                        13 K for a new 2005 nissan sentra


                        (we did buy a 1991 sentra in 1991 and financed,rolled an unpaid car into it so honestly I am not sure what I really paid for that car,I may look at my paperwork and find out ) but we no longer do crap like that we just pay for our cars and believe it or not the car lot was not happy that we wrote a check and paid for our 05 in full maybe that has changed

                        the most we would pay? I am not sure I have always declared that I would never pay more than I did for my first house which was 25K but that sort of a joke ;-)maybe I should change that to no more than I paid for my first house including interest ?
                        Last edited by simpleyme; 05-14-2009, 07:28 AM.

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                        • #13
                          The most I ever paid was the last one I bought - 2009 Honda Odyssey Touring for $38k.

                          What is most I'd pay? Depends on what it is. I'd gladly pay $60k for a new Lexus LS460 that starts at $72k. I'd gladly pay $90k for an S Class Mercedes that stickers around $140k.

                          Most likely I'll pay around $38k later this year for a fully loaded Hyundai Genesis that stickers at $42k. It's a good value for a car that compares favorably to an LS.

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                          • #14
                            1. The most I've paid for a car was about $10,500. I bought a used (2006) Dodge in May 2008. I got a pretty good deal as the price tag was originally $15,000 and the $10,500 included sales tax.

                            2. I'm not sure what the most I'll ever pay is. I think $15,000 for a used car and $20-25,000 for a new one. It also depends on the car.

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                            • #15
                              By time you include interest on the loan, I've probably paid $8,000 for my car, a 2004 Chevy Lumina.

                              There's no limit to what I would theoretically pay. If I found out tomorrow that I Bill Gates was my secret uncle and I was his sole heir, then I'd have no problem buying some ridiculous fantasy luxury car.

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