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I bought my first used car in college (a 2000 sonata) and now i need a newer one. Now how to pay for it is the question. Save up cash or get a note? I know a lot of you guys have car notes. What made you get one?
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Originally Posted by StillIn729
Interest rates are low as hell if you have good credit
my rate is a 3%; I wouldn't front all that cash into a car because if you can't get it back it was a waste of money
Originally Posted by Sco cuddie1
Originally Posted by StillIn729
Interest rates are low as hell if you have good credit
my rate is a 3%; I wouldn't front all that cash into a car because if you can't get it back it was a waste of money
Same reason I got my car note. BMW Finance gave me 3.5% interest and a smoking deal for an M3.
Originally Posted by ksteezy
Speaking from experience I've financed 4 brand new cars and IM DONE...makes zero sense, next car is a 2 year lease.
good question. +waits on CRC+Originally Posted by Mangudai954
Is a car note you can easily pay off a good way to build credit?
Originally Posted by Mangudai954
Is a car note you can easily pay off a good way to build credit?
Originally Posted by jthagreat
good question. +waits on CRC+Originally Posted by Mangudai954
Is a car note you can easily pay off a good way to build credit?
i know its best to buy out right and all(for the most part) but if i put a LOT down, say 70% of the price, and have VERY manageable monthly payments for a 12 months, would that be good?
not true. All the cars my family bought we sold for a little more or what we paid for them. We bought them all at a dealer auction.Originally Posted by RunningFishy
No fking car will be worth what you've paid for it. THIS IS A FACT!