Financing is stupid … Financing is stupid. If you cant pay cash, then you can’t afford it. People are just too scared to save and wait for what they want.
hey bglad4life, … hey bglad4life, what’s the difference in making 0% interest on a 3 year loan, (most dealers offer 0% on 1 year old models still left on the lot just to get rid of them quick) or paying cash that you saved for the same amount of time??! “DUH!!!!”
I talked my … I talked my salesman down from 18k to 14.3k. THEY WILL GO LOWER! And cash to them means immediate paychecks. My beater made it round trip 30 miles each day for 3 years. Not bad for 300 bucks! I’m not trying to keep up with the jones’ either, I just want a car that can get me and family from Idaho to Illinois a few times a year so we can quit renting them.
nothing wrong w/ … nothing wrong w/ popping cash for a new car. although most dealers don’t like cash buyers and will not go as low on price if you’re cash. also, like people who get a new job that requires more travel might not necessarily trust their beater to take the sudden increase in travel. although of course, they could probably pick up a second beater for much cheaper. but if we all stop trying to keep up with the jones’, they’ll stop trying to be ahead and that’s never fun…
ouch, sucks for … ouch, sucks for them. if they’re a first-timer and trying to establish a history, maybe in a few months they can go by a credit union or something and get something better for them.
the loan amount is … the loan amount is for 98%, but the interest pushes the true amount paid over 100%. also, keep in mind that the instant you sign the paper, the car drops value. and also, many dealers “install options” that have drastically inflated prices and if those are included in car price, then they’ll “cut you a deal and throw in ___ for free.”
and if you mean apr, then 2% apr is also quite lucrative either way.
For everyone who … For everyone who finaces a car…….DUH!!!!
If you can’t afford a new car without finacing, DON”T BUY ONE! I saved for 3 years until I had the money to buy what I wanted. I paid CASH for my new car. Until then, I drove a beater that I paid $300 for. If you want to finance, you are paying MUCH more than what you need to. All it does is extend your debt even further.
True that. In … True that. In relation to this video though. Doing this much research, keeping track of your finances.. put that effort in finding a decent second hand car with less gass intake and good milage.. I think you got a done deal. Test drive.. someone with you that knows how to spot faulty aspects of the car.
A friend of mine brought a friend who does the yearly check-up. Is that APR you are talking about? Anyway.. point made.
2% Off? Wow, all … 2% Off? Wow, all that trouble for 2% Eh? .. Isn’t it just better to get a lower costing automobile and polish it up just a little.. it all matters what’s inside the car.
Don’t take out a car loan before doing your homework.
January 23rd, 2010 at 11:35 am
If you cant afford …
If you cant afford to pay cash for a $20K cash one for $2K.
January 23rd, 2010 at 11:35 am
Go credit!!! no …
Go credit!!! no really just save some moeny dont loan!
January 23rd, 2010 at 11:35 am
Financing is stupid …
Financing is stupid. If you cant pay cash, then you can’t afford it. People are just too scared to save and wait for what they want.
January 23rd, 2010 at 11:35 am
2001 viewer
2001 viewer
January 23rd, 2010 at 11:35 am
How to finance a …
How to finance a car – have money! If you don’t – SAVE!!! Stop this credit crap! America is in enough trouble!
January 23rd, 2010 at 11:35 am
hey bglad4life, …
hey bglad4life, what’s the difference in making 0% interest on a 3 year loan, (most dealers offer 0% on 1 year old models still left on the lot just to get rid of them quick) or paying cash that you saved for the same amount of time??! “DUH!!!!”
January 23rd, 2010 at 11:35 am
howcast needs to …
howcast needs to make a “how ti wipe your ass” video
January 23rd, 2010 at 11:35 am
annualcreditreport …
annualcreditreport . com?
but free credit report has the cool song =[
January 23rd, 2010 at 11:35 am
second
second
January 23rd, 2010 at 11:35 am
Maybe. But then …
Maybe. But then again, this girl probably has no credit or bad credit. Either way, she got roooooooooooooolled.
January 23rd, 2010 at 11:35 am
I talked my …
I talked my salesman down from 18k to 14.3k. THEY WILL GO LOWER! And cash to them means immediate paychecks. My beater made it round trip 30 miles each day for 3 years. Not bad for 300 bucks! I’m not trying to keep up with the jones’ either, I just want a car that can get me and family from Idaho to Illinois a few times a year so we can quit renting them.
January 23rd, 2010 at 11:35 am
nothing wrong w/ …
nothing wrong w/ popping cash for a new car. although most dealers don’t like cash buyers and will not go as low on price if you’re cash. also, like people who get a new job that requires more travel might not necessarily trust their beater to take the sudden increase in travel. although of course, they could probably pick up a second beater for much cheaper. but if we all stop trying to keep up with the jones’, they’ll stop trying to be ahead and that’s never fun…
January 23rd, 2010 at 11:35 am
ouch, sucks for …
ouch, sucks for them. if they’re a first-timer and trying to establish a history, maybe in a few months they can go by a credit union or something and get something better for them.
January 23rd, 2010 at 11:35 am
the loan amount is …
the loan amount is for 98%, but the interest pushes the true amount paid over 100%. also, keep in mind that the instant you sign the paper, the car drops value. and also, many dealers “install options” that have drastically inflated prices and if those are included in car price, then they’ll “cut you a deal and throw in ___ for free.”
and if you mean apr, then 2% apr is also quite lucrative either way.
January 23rd, 2010 at 11:35 am
For everyone who …
For everyone who finaces a car…….DUH!!!!
If you can’t afford a new car without finacing, DON”T BUY ONE! I saved for 3 years until I had the money to buy what I wanted. I paid CASH for my new car. Until then, I drove a beater that I paid $300 for. If you want to finance, you are paying MUCH more than what you need to. All it does is extend your debt even further.
January 23rd, 2010 at 11:35 am
What you pay up …
What you pay up front before you take it home.
January 23rd, 2010 at 11:35 am
Great tips as …
Great tips as always! (Even though I can’t drive XD)
January 23rd, 2010 at 11:35 am
whats a down payment
whats a down payment
January 23rd, 2010 at 11:35 am
7th
7th
January 23rd, 2010 at 11:35 am
True that. In …
True that. In relation to this video though. Doing this much research, keeping track of your finances.. put that effort in finding a decent second hand car with less gass intake and good milage.. I think you got a done deal. Test drive.. someone with you that knows how to spot faulty aspects of the car.
A friend of mine brought a friend who does the yearly check-up. Is that APR you are talking about? Anyway.. point made.
January 23rd, 2010 at 11:35 am
4th
4th
January 23rd, 2010 at 11:35 am
Some people don’t …
Some people don’t know how to get a good rate, and end up paying 12% APR. That happened to a dumb person I know…
January 23rd, 2010 at 11:35 am
2% Off? Wow, all …
2% Off? Wow, all that trouble for 2% Eh? .. Isn’t it just better to get a lower costing automobile and polish it up just a little.. it all matters what’s inside the car.
January 23rd, 2010 at 11:35 am
Ty!
Ty!
January 23rd, 2010 at 11:35 am
Lol thanks
Lol thanks