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Forum
-> Household Management
-> Finances
amother
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Wed, Jul 10 2024, 4:50 pm
How much are you paying on car payment for leasing or buying an suv or minivan if you got the car in the last 3 years?
Want to show DH that the prices for these things are a lot the past few years.
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amother
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Wed, Jul 10 2024, 4:55 pm
Rav 4 2020
Bought with financing 2 years ago
Gave a down payment of 1500. Monthly 270.
This past month started leasing an ev- suv 300 a month.
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amother
Wandflower
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Wed, Jul 10 2024, 5:03 pm
Leasing Mazda 8 seater. Low miles. Not sure if it’s 10 or 12k per year. Pretty basic model paying $500. Look back to the days when my vans were almost half that.
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amother
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Wed, Jul 10 2024, 5:04 pm
amother Orchid wrote: | Rav 4 2020
Bought with financing 2 years ago
Gave a down payment of 1500. Monthly 270.
This past month started leasing an ev- suv 300 a month. |
Thanks I should’ve specified 2 row suv. Like the Honda pilot Because we are considering that or a minivan.
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amother
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Wed, Jul 10 2024, 5:05 pm
amother Wandflower wrote: | Leasing Mazda 8 seater. Low miles. Not sure if it’s 10 or 12k per year. Pretty basic model paying $500. Look back to the days when my vans were almost half that. |
Thanks that was what we are quoted and it seems crazy. We own a very old sienna which we paid about $200- month on. Can’t find that anymore
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amother
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Wed, Jul 10 2024, 5:31 pm
amother OP wrote: | Thanks that was what we are quoted and it seems crazy. We own a very old sienna which we paid about $200- month on. Can’t find that anymore |
“Those were the days my friend
We’d thought they’d never end”
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amother
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Wed, Jul 10 2024, 5:32 pm
amother Orchid wrote: | “Those were the days my friend
We’d thought they’d never end” |
Haha ya I know. $500 a month seems like so much. But I guess everything is going up these days
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amother
Electricblue
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Wed, Jul 10 2024, 5:41 pm
My odyessy is currently $549 a month, but I’m already 2 years in…
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amother
Broom
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Wed, Jul 10 2024, 5:43 pm
amother Orchid wrote: | Rav 4 2020
Bought with financing 2 years ago
Gave a down payment of 1500. Monthly 270.
This past month started leasing an ev- suv 300 a month. |
Which ev?
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amother
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Wed, Jul 10 2024, 5:47 pm
Ok thanks. So what I’m looking at is really not off base. We are looking at buying a 2021 odyssey payment would be $519. We are just going from a $250 payment on our last car to such a huge jump.
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amother
Sunflower
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Wed, Jul 10 2024, 5:55 pm
I leased a honda pilot a couple of months ago and pay $600 a month. And that was considered a "deal" bc I got a 2024 when the 2025 had already been released. My 2020 Pilot I paid 375 a month for 🫣
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amother
Jean
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Wed, Jul 10 2024, 6:03 pm
Leasing Toyota highlander for close to $600.
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amother
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Wed, Jul 10 2024, 6:15 pm
amother Orchid wrote: | Rav 4 2020
Bought with financing 2 years ago
Gave a down payment of 1500. Monthly 270.
This past month started leasing an ev- suv 300 a month. |
What company and model is your ev-suv? We need to lease a second car with a budget of up to $300/month.
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amother
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Wed, Jul 10 2024, 6:27 pm
Bought a new Honda odyssey with financing and paying a little over $700 a month over 5 years. Leasing is definitely cheaper than that per month but we are aiming to get 10 years out of the car and hoping to have 5 payment free years.
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amother
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Wed, Jul 10 2024, 6:33 pm
amother Lawngreen wrote: | Bought a new Honda odyssey with financing and paying a little over $700 a month over 5 years. Leasing is definitely cheaper than that per month but we are aiming to get 10 years out of the car and hoping to have 5 payment free years. |
So we had similar but can’t do 700 a month. As it is $500 is a huge stretch. So we plan to do it for 6 years at 519 a month. Leasing is more than that.
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amother
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Wed, Jul 10 2024, 6:41 pm
amother OP wrote: | So we had similar but can’t do 700 a month. As it is $500 is a huge stretch. So we plan to do it for 6 years at 519 a month. Leasing is more than that. |
I think you can get a loan for up to 8 years. This was offered to us. That should bring the payment down even more.
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thunter
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Wed, Jul 10 2024, 6:54 pm
Check out leasehacker forums
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amother
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Wed, Jul 10 2024, 7:07 pm
amother Lawngreen wrote: | Bought a new Honda odyssey with financing and paying a little over $700 a month over 5 years. Leasing is definitely cheaper than that per month but we are aiming to get 10 years out of the car and hoping to have 5 payment free years. |
We also bought and need to pay that amount in 4 years but put down 15k. Not sure if it was worth it.
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