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How much are teens paying a month for a tC and insurance?

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Old Mar 13, 2009 | 05:38 PM
  #41  
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Be prepared to be bent over unless you are under your parents policy (and even then it will still be high).
Old Mar 13, 2009 | 09:50 PM
  #42  
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Originally Posted by ChrisLilja
Im from Illinois also - My payments (No Money Down) $386.23 (7% 60 months) and my insurance is $1200 a year so I pay a little under $500 a month if you break it down
Do you have credit tho? my problem is going to be that i have zero credit...
Old Mar 13, 2009 | 09:56 PM
  #43  
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Yea, if you have zero credit it is going to be really high, I didn't have any credit either. I forgot what they told me what it would be but it is going to be high. Best case would be to get your mom or dad to co-sign or you co-sign on with them to get a lower rate.
Old Mar 13, 2009 | 10:21 PM
  #44  
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Originally Posted by DJ08tC
Yea, if you have zero credit it is going to be really high, I didn't have any credit either. I forgot what they told me what it would be but it is going to be high. Best case would be to get your mom or dad to co-sign or you co-sign on with them to get a lower rate.
I dont talk to my dad anymore and my mom has bad credit so my best option is my grandma haha
Old Mar 13, 2009 | 10:25 PM
  #45  
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^^Well that sucks!
Old Mar 13, 2009 | 10:28 PM
  #46  
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Originally Posted by DJ08tC
^^Well that sucks!
Yeah pretty much but i got a quotre on esurance and it came out to be 386.36 that isnt too high i guess
Old Mar 13, 2009 | 10:31 PM
  #47  
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Yeah I pay 308 a month for the car, and 170 for insurance and I am 22...... its not cheap at ALL! Good luck!
Old Mar 13, 2009 | 10:38 PM
  #48  
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I pay about 360 a month w/ no down for 60 months and about close to 80 bucks for insurance. My insurance is cheap because were all on the same policy but seperate accounts.
Old Mar 13, 2009 | 10:39 PM
  #49  
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Im 19 and pay $2700 a year for full coverage with $500 deductible, under my name with no tickets

tC is paid off so no payment for that
Old Mar 13, 2009 | 10:42 PM
  #50  
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^^^lucky you but ur insurance is expensive as hell hehe but i understand y since im in the insurance game.
Old Mar 13, 2009 | 11:09 PM
  #51  
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Originally Posted by Silverstreak-tC
^^^lucky you but ur insurance is expensive as hell hehe but i understand y since im in the insurance game.
It sucks a-holes.... seriously. I am also on my own police and because I have to have full coverage because of it's financed its SOOOOOO expensive!


My record is PERFECT too!
Old Mar 13, 2009 | 11:23 PM
  #52  
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isnt is true thought that when you start paying the car note each month you start to pay less a month? car payments wise?
Old Mar 13, 2009 | 11:31 PM
  #53  
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Originally Posted by Scion-TC19
isnt is true thought that when you start paying the car note each month you start to pay less a month? car payments wise?

not really..... unless you refinance for a lower interest rate...

when you pay your car payment most of your first few years goes to paying off interest, then your payments go to paying of principle (the actual ammount you pay for the car)
Old Mar 13, 2009 | 11:43 PM
  #54  
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Originally Posted by RacheltheTruth
Originally Posted by Scion-TC19
isnt is true thought that when you start paying the car note each month you start to pay less a month? car payments wise?

not really..... unless you refinance for a lower interest rate...

when you pay your car payment most of your first few years goes to paying off interest, then your payments go to paying of principle (the actual ammount you pay for the car)
Ohhh okay i get it now thanks hehe
Old Mar 13, 2009 | 11:57 PM
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welcome!
Old Mar 14, 2009 | 12:32 AM
  #56  
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Originally Posted by Scion-TC19
Originally Posted by weezyfbayba
i pay 417 a month and 305 for insurance i only put 1,500 down and im only 19.. im about to refinance so mayb my payment will go down ive had the tc for almost 2 years now
Did you have to get a co-signer?
yea i had a co-signer i got the car when i was 18 like 2 months after i turned 18.. why do you ask?
Old Mar 14, 2009 | 12:45 AM
  #57  
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Originally Posted by weezyfbayba
Originally Posted by Scion-TC19
Originally Posted by weezyfbayba
i pay 417 a month and 305 for insurance i only put 1,500 down and im only 19.. im about to refinance so mayb my payment will go down ive had the tc for almost 2 years now
Did you have to get a co-signer?
yea i had a co-signer i got the car when i was 18 like 2 months after i turned 18.. why do you ask?
I was just wondering,because if I cant find a co-signer then no scion
Old Mar 14, 2009 | 12:50 AM
  #58  
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$380 a month for my tC+2005 Jeep Grand Cherokee+F-350 Super Duty. I pay for insurance for the whole family.
Old Mar 14, 2009 | 12:52 AM
  #59  
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My parents paid for the car and i think insurance is like around $2600 annually. not totally sure but i know my mom said it doubled when she added me to the policy ad i have no tickets or anything.
Old Mar 14, 2009 | 12:55 AM
  #60  
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Originally Posted by vingt10
My parents paid for the car and i think insurance is like around $2600 annually. not totally sure but i know my mom said it doubled when she added me to the policy ad i have no tickets or anything.
I have 2 tickets haha so i might be screwed



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