Both of ours are!
Both of ours are!
121 votes
blogger / watermelon / 14218 posts
We only have one car, and I don't like owning our primary car, so we lease! When we need a second car we will put money aside and pay for it in cash.
honeydew / 7444 posts
We only have one car, and bought it outright. We didn't want to deal with monthly payments.
GOLD / wonderful grape / 20289 posts
My dad bought my car for me when I was in college, so that one is paid. But our mini van is not
GOLD / papaya / 10206 posts
Nope, DH leases his car and mine is financed at 0%. We considered paying it off early, but would rather invest that money.
honeydew / 7091 posts
We had to upgrade for baby, so unfortunately we owe on our new one. We're hoping to pay it off within a year though.
clementine / 957 posts
My parents bought my car for me in college, so it's almost on it's way out.. but DH's car is paid off and it's nice to not have a car payment! For however long that'll last, haha.
grapefruit / 4862 posts
One's paid off... but it's a piece of crap! We plan to trade it in for a new (to us) car at tax time so we only have to finance part of it. Other car is paid off in a year and a half. Can't come soon enough, blegh.
cantaloupe / 6885 posts
I had just paid off my civic last week (I did a short lived happy dance!) when DH sold it to buy a used CRV to get him to work in the winter. He actually just bought it this afternoon! So that vehicle is paid off, but we bought a Pathfinder back in March which won't be paid off for another 3 years.
coconut / 8483 posts
We paid off mine, and now we are putting 100% of my pay onto DHs truck so that it's paid off by the time baby gets here.. and that way we will be used to be living without my income as well!
ETA: we could just easily pay it off, but our investments are doing well right now, and we decided this was a good way to practice living without my income!
bananas / 9357 posts
my parents generously gave me a car for college and our second car we bought outright so we didn't have to make payments.
coconut / 8854 posts
We own both of our cars! DH paid for his cash before we were married (Plus it's still KBB at $10,000 today!) and we just finished paying off my car a couple of months ago. Sadly, it's only worth $5000-6000 now though KBB
pomegranate / 3231 posts
We financed part of our car because it lowered the price by $1k. We have to keep the loan for six months in order to keep the discount. So, we are going to pay off the loan next month once we are off the hook.
papaya / 10473 posts
Both of ours are paid off. We do the Dave Ramsey budget, so we pay cash even if that means getting a cheaper car.
GOLD / coconut / 8266 posts
My car is paid off but DH's is not. He just upgraded last year to a Jeep with four wheel drive. DH gets called into work during the worst weather so I needed him to have four wheel drive for my peace of mind!
cantaloupe / 6800 posts
DH's truck is paid off. My SUV was paid off, but we sold it to buy a car, it's halfway paid off.
blogger / wonderful cherry / 21616 posts
We have one car and we have about 2 years left of payments on it I think. We could pay it off sooner if we wanted to though.
bananas / 9973 posts
Yes, but I'm scared of when we need to get a SUV. It's going to be a new payment neither of has had to deal with in a looong time.
apricot / 432 posts
My husband's has been paid off for three years. I have 5 payments left on mine...and now I'm torn if I should trade it in while it's worth more, or stick with it and drive it till it dies.
blogger / pomegranate / 3300 posts
As of last month they both are. We struggled and saved to pay it off early because this month my twins start preschool and that's a hefty increase in our monthly expenses.
grapefruit / 4817 posts
1 more payment!! Woop! And we only own one vehicle. My husband's main truck is actually a work vehicle.
pineapple / 12526 posts
Yes, because we've never gotten a car loan. We've always paid cash.
coconut / 8430 posts
Yup! Love not having a car payment right now! Though we probably will replace DH's car in the next 2 years and will likely finance it.
eggplant / 11287 posts
Nope. We both bought new cars this year. So we have a payment on both of them. Thankfully, we were able to put big chunks down on both, so hopefully we pay them off soon.
watermelon / 14467 posts
Yep! We only have one car and we were fortunate to be able to pay cash for it. If we get a second car it will be new (to us) and we'll have to finance part of it, but the plan would be to not pay more than $7,000 and make extra payments on it.
grapefruit / 4442 posts
we only have one car but its been paid off for about 3 years now
clementine / 830 posts
Day's truck isn't and mine will be paid off the month before #2 comes - no such thing as extra money in this house!!
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