Wow, they literally stuck it in her ***

[ls2poweredgoat 5,000+ posts]

If that car was 17k and with a 4k down-payment to make it 13k... she did get an incredibly high rate.

I'm not real familiar with financing, all I know is she got *****. I wonder what her finance rate is....

 

[mcsoul 10+ year member]

If she parted with $4,000 at loan inception and is paying $318 for 72 months;

that's $26,896 total.

 

[ls2poweredgoat 5,000+ posts]

If she parted with $4,000 at loan inception and is paying $318 for 72 months;that's $26,896 total.

OK my bad, now she got it even worse. //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

 

[Flipx99 5,000+ posts]

If she parted with $4,000 at loan inception and is paying $318 for 72 months;that's $26,896 total.

Glad I read the entire thread.

^^^^^^^^ is correct answer.

 

[mcsoul 10+ year member]

OK my bad, now she got it even worse. //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

No, you did fine on your loan, her bad //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

 

[ls2poweredgoat 5,000+ posts]

No, you did fine on your loan, her bad //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

I thought I did alright. They were asking $9,900 for the car. My dad did all the negotiating, I just sat there with my fingers crossed. //content.invisioncic.com/y282845/emoticons/biggrin.gif.d71a5d36fcbab170f2364c9f2e3946cb.gif

 

[_DjScrew_ 5,000+ posts]

man. the first day I went in to look at mine the guy started me at like 22. I told him i'd be back the next day. Went home and did some research and there were similar cars in the area for 16 - 17. I went back the next day with that info, but I got a different sales guy - this one started me at 18. They are dicks.

 

[Johnny Drama 5,000+ posts]

So I was talking to a friend of mine at school the other day, she decided she wanted a new car.
She's 20 years old fyi, and financed the car herself.

She bought a 2008 Civic coupe, BONE stripped. That's roughly a $16,000 car right? Give or take $1,000

She put $4,000 down, financed it for 6 years (72 months), and is paying $318 a month.

$318 x 72 = $22,896

So in the long run she's paying $22,896 for a $15,000-$17,000 car.

They could have atleast lubed her up first. //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

She is 20, probably didnt have the best credit in the world, and didnt have a cosigner...

So that extra $6k is probably Tax, Title, Lisense rolled into a ~10% APR.

So the final word on this is you're a fucking idiot with no clue how the car industry and financing works.

 

[smd4life 5,000+ posts]

in 6 years the car wil be worth 5k

 

[mcsoul 10+ year member]

Glad I read the entire thread.

^^^^^^^^ is correct answer.

She must have opted for the "ultra-premium-platinum" warranty plan.

 

[ls2poweredgoat 5,000+ posts]

She is 20, probably didnt have the best credit in the world, and didnt have a cosigner...

So that extra $6k is probably Tax, Title, Lisense rolled into a ~10% APR.

So the final word on this is you're a fucking idiot with no clue how the car industry and financing works.

And you're still a ***. //content.invisioncic.com/y282845/emoticons/wow.gif.23d729408e9177caa2a0ed6a2ba6588e.gif

 

[Johnny Drama 5,000+ posts]

in 6 years the car wil be worth 5k

Thats a good deal...

My truck is 7 years old and worth $3500

And you're still a ***. //content.invisioncic.com/y282845/emoticons/wow.gif.23d729408e9177caa2a0ed6a2ba6588e.gif

And your point is? Oh thats right...you dont have one.

 

[ls2poweredgoat 5,000+ posts]

Thats a good deal...
My truck is 7 years old and worth $3500

And your point is? Oh thats right...you dont have one.

My point is that you're a ***. //content.invisioncic.com/y282845/emoticons/laugh.gif.48439b2acf2cfca21620f01e7f77d1e4.gif

 

[chunky cumz 10+ year member]

i work in the financing world.... i got my car and paid it off after 2.5 years, even tho i got a 3.0 interest rate and wasnt paying hardly any interest, i dont like the idea of throwing my money away.

The world functions off of moeny from insurance and financing. With out that we would still be living in mud houses and growing corn

 

[Cravingbass123]

too many people finance.

thats a cheap car too, if she has to finance for it, then she shouldn't even get a new car.