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How much did you guys put down on your car...just curious?

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Old 09-11-2006, 04:51 PM
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Default How much did you guys put down on your car...just curious?

I'm planning on putting down $20k...how much did you guys put down and how much is your monthly payment? I was just curious as to what everyone is paying...thanks. I'm just going to hold off until I buy my house first though...

Also, I know residual value sucks but did anyone lease the car?
Old 09-11-2006, 05:11 PM
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Default zilch.

leasing...company car.

If you put $20k down on a car before you own a home, someone should break all of your fingers. I think that's a rule or something.
Old 09-11-2006, 05:27 PM
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I'm with Bob W. House more important.
Old 09-11-2006, 05:53 PM
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Default Re: zilch.

I have money set aside for down payment for the house...and like my original post...I will most likely wait on the purchase until after the house. The $20k was budgeted for my next car purchase...
Old 09-11-2006, 06:34 PM
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Why not buy the car yourself and lease it back to your company?
Old 09-11-2006, 06:36 PM
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25. Payment is just under 1k.
Old 09-11-2006, 07:07 PM
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I definitely agree now that I'm older...but I pulled some finger cutting stuff on the S ;-)
Old 09-11-2006, 08:48 PM
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Default what would be the advantage in doing that?

If I did that, I'd have to report the lease payments as personal income....which would be taxable.
Old 09-11-2006, 09:06 PM
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Old 09-11-2006, 09:49 PM
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$0


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