Date: 3/29/2005 8:02:00 PM
From Authorid: 62752
what kind of car did u get for over 300 months  |
|
Date: 3/29/2005 8:02:00 PM
From Authorid: 62752
a month |
Date: 3/29/2005 8:04:00 PM
From Authorid: 53836
Hi Pixie! That's a mighty big payment, but it will help you with your responsibilities...try to take things one at a time, and not get too frustrated, as we all feel like we're failing sometimes...but it's the over-all effort and endurance. You will prevail! I don't know you, but I believe this! Rock on!  |
Date: 3/29/2005 8:06:00 PM
From Authorid: 21435
Hello, Pixie  How bad do you need the car? How bad a hit would you take if you gave it back and found a used one with a smaller monthly? Could you make use of public transport untill things became more manageable? Hope that everything works out for you, lady. Write on...  |
Date: 3/29/2005 8:20:00 PM ( From Author )
From Authorid: 8374
i got a 2005 Honda Civic >_<  |
Date: 3/29/2005 8:57:00 PM
From Authorid: 13297
By my calculations you make $580 a month before taxes. I don't know how much you have taken in deductions but we'll pretend it's 30%: which leaves you $406 bring home and then when you subtract 321.48 that leaves you 84.52. That isn't a lot left to pay insurance, food and incidentals. I would say you have a few options: try to work out a deal to get a nice used car that will have lower payments, find a job where you can get better pay for the same amount of hours, agree to work more hours at your current job and lessen you school load or ask your parents to pay your insurance. You can't continue in the current trend and expect to have anything left over at the end of the month. It's a bummer but you've over extended yourself. We've all been there and had to learn that lesson. In fact, I'm there right now with my car. It's a bummer but it's a valuable learning experience. Best of luck! cheers, jamie  |
Date: 3/29/2005 9:11:00 PM
From Authorid: 3263
PIXIEEEEEEEEEEEEEEEEEE!!!!!!!! Where have you been?? What kind of car did you get? Man, those massive car payments suck. I was paying almost exactly that same amount for my Jeep, only I was on a 6 year loan. I paid it off 1 1/2 years early though *whew*  |
Date: 3/29/2005 9:21:00 PM
From Authorid: 53052
ahhh the wonderful joys of life... i know it's a pain in the arse but i do know the feeling... where the first paycheck of the month is barely enough to cover the mortgage and stuff that comes out(maybe 30 bux for food and gas) and the second paycheck covers all the regular bills and gets groceries with no savings what so ever(and no fun entertainment stuff) the car might be too much for you at this moment(i'm sure you can find a great car for much less)  |
Date: 3/29/2005 9:59:00 PM
From Authorid: 820
Hi Pixie. First, you just need to breathe and relax for a few moments.. I know how stressful that kind of situation is. Trust me, I'm kind of in a financial crisis myself, having moved out of the house for the first time and all. You should really ask yourself, "Do I need this car?".. I mean, yeah, I'd KILL to have a brand new Jeep Wrangler, but I'd rather be able to eat and live comfortably and own just a simple $2500 car that's already paid off than struggle to survive. You need to remind yourself that you won't always be stuck with a plain old used car. You just need to settle for something not so flashy and nice to start off with, THEN get that great car. You really need to decide whether or not the car is worth it.. especially when you're in college and you can't study because you have to work your butt off to just be able to make that car payment and maybe have a little bit left for food and gas. I don't know, I guess it's really just your decision and what you're comfortable with. Good luck.  |
Date: 3/29/2005 10:25:00 PM
From Authorid: 28190
oh And Its REALLY good to see ya hun! I havent seen you in ages!  *hugs*  |
|
Date: 3/29/2005 10:25:00 PM
From Authorid: 28190
Im with the others here... The car payment is whats keeping you in the bind.. I dont know about your area, but around here they have carlots that have really nice used cars, that are in good condition that you could pay as little as $100 every two weeks. Granted they arent Brand new, but whats really important when it comes to transportation is that it gets you from Point A to Point B. My husband and I have two vehicles now, one we started out with was a 1986 Camaro, paint job all messed up, but ran great and we got it for $1200 I believe, a few years before we got married. The thing is in tiptop condition though engine wise and is now our back up car. We just recently got a 1995 Blazer Tahoe Edition, and we are paying $125 every two weeks. It's in great shape, great engine, perfect interior, and gas mileage. Insurance also on an older car is usually more affordable.. Okies, I got off on a ramble there, but my point is, if you can, you can take the car back, get one more accomadating to your monthly income. With the extra money you will have by doing that, you can put into a savings account, to be able to afford a new flashy car on down the road. Also doing that, the more money you have saved, the bigger down payment you can make, and therefore will decrease the monthly payments on a newer vehicle as well as knocking the interest on it down too. Good luck in what you decide. *hugs* |
Date: 3/29/2005 10:29:00 PM
From Authorid: 16845
Personally?....I'd trade the car in for something else...cheaper and used....really...no need to cause unecessary stress just to have something new. Plenty of time for new cars in a few years!!  |
Date: 3/29/2005 11:22:00 PM
From Authorid: 27046
Above and beyond anything else you have to take $160.74 out of each of those two paychecks a month. I would make it an even $165.00. Whatever else you have left over from each of the those two paychecks you need to divide by two. This is the amount that you have to spend per week until you next check comes in. If it's $10 left over per week from the first paycheck, then you eat light and keep to the essentials, if you don't have gas money, you drive to and from work and that's it. The next pay check you could have a little bit more left over than just $10 bucks to get you through the next two weeks and you need to budget accordingly, keeping in mind that the prior two weeks you had to scrounge, so if you have $60 to spend for the next two weeks, it's probably best not to spend it all and save some for the short weeks to get you through a bit better with those. You should figure out approx how much money you spend or the minimum you need to spend to get by with gas, food, and other things and try staying as close as possible to what you know you will need. Pretty soon it will start to balance out. Welcome to the wonderful world of adulthood and budgeting... Fun ain't it? My utmost suggestions would be to look for a better job too..  |
Date: 3/29/2005 11:27:00 PM
From Authorid: 53909
I know how you're feeling. I'm kind of in the same boat. My car is sick and I haven't been able to afford to get it fix because all the money that we're making is going towards our move, whenever that happens, probably in a couple months. I hate money...it's evil.  |
|
Date: 3/29/2005 11:33:00 PM
From Authorid: 27046
It's easier said that done than to just take a new car back to the lot and say here I don't want it, it's too expensive and I need something with a lower monthly payment. The minute she drove that car off the lot, she lost TONS of value and the longer she's driven it around and tacked mileage on it the more it's gone down. So when she turns the car in she is going to owe the loan at least a few thousand dollars and then depending upon whatever "cheaper" car she picks out, strap that amount on top. Now if she lands herself ANYTHING in the $200 per month range, she's back a square one with a $300 a month payment and a cheaper, used car with less value. Not too peachy keen and I'm in the same boat myself. It's not that I can't afford my car payment, I'm not happy with the car and would like nothing more than to drive it into a tree. I have no choice but to keep the thing and keep paying on it. Trading it in is either going to rise my payment, or I am loosing out and paying HUGE on a loan for a car not worth the price. I only it wish it were simple. |
Date: 3/30/2005 7:42:00 AM
From Authorid: 13119
I agree with AZ, it would be foolish to take the car back now, she would lose too much right off the top. You should maybe get another bank account and put your money there, take the 165 per pay and throw it in the account that your car payment comes out of. I think you are just stressing right now because of school and everything. Get through your mid terms and then take another look.  |
