Well folks, looks like I could be retiring my 01 Civic tonight or this weekend
#91
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It's your responsibility to do your homework before making major purchases to prevent being at the losing end of a deal. If you can't get financed through a traditional method, that's a sign you probably shouldn't be purchasing a vehicle unless there has been a significant change in your financial situation. If the lender chooses to offer you financing, you need to realize someone with bad credit is at a high risk of defaulting and they need to justify the risk.
#92
Re: Well folks, looks like I could be retiring my 01 Civic tonight or this weekend
Something about this whole thing is fishy as hell to me. Not about the car, the straight stupidity of OP.
1) If I've bought my fair share of cars in the first place and I have NEVER heard or seen someone tell me "its time to make a decision".
2) If your parents didn't want you looking at cars, what the hell do you think they were going to do when they found out you paid that much for a car?
3) You said you really don't know much about cars/buying process. Then what the hell are you doing it by yourself for?
4) That interest rate seems like something you made up on the spot and just ran with it for some reason.
I've tried to read this whole thread but I can't do it. You keep coming across a phony to me and now its hurting my head. I call BS on this story.
1) If I've bought my fair share of cars in the first place and I have NEVER heard or seen someone tell me "its time to make a decision".
2) If your parents didn't want you looking at cars, what the hell do you think they were going to do when they found out you paid that much for a car?
3) You said you really don't know much about cars/buying process. Then what the hell are you doing it by yourself for?
4) That interest rate seems like something you made up on the spot and just ran with it for some reason.
I've tried to read this whole thread but I can't do it. You keep coming across a phony to me and now its hurting my head. I call BS on this story.
#93
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I hate this expression, but such is life. And get off that mind set. Note it and attempt to recognize it quickly the next time. You don't need to be doing anything to them, but avoid them and future situations.
You mentioned something that really strikes me as a red flag. You didn't want to take a parent with you to help you out. Stop ****ing doing this. You clearly have a weak point in your personality that will just get walked on over and over throughout your life. You need support from people close to you, to make decisions like this. Use your brain dude. Don't hide things from people like your family and ask for help.
You mentioned something that really strikes me as a red flag. You didn't want to take a parent with you to help you out. Stop ****ing doing this. You clearly have a weak point in your personality that will just get walked on over and over throughout your life. You need support from people close to you, to make decisions like this. Use your brain dude. Don't hide things from people like your family and ask for help.
Welcome to planet earth, you must be new here, why don't you have a seat over there and wait for the next orientation.
It's your responsibility to do your homework before making major purchases to prevent being at the losing end of a deal. If you can't get financed through a traditional method, that's a sign you probably shouldn't be purchasing a vehicle unless there has been a significant change in your financial situation. If the lender chooses to offer you financing, you need to realize someone with bad credit is at a high risk of defaulting and they need to justify the risk.
It's your responsibility to do your homework before making major purchases to prevent being at the losing end of a deal. If you can't get financed through a traditional method, that's a sign you probably shouldn't be purchasing a vehicle unless there has been a significant change in your financial situation. If the lender chooses to offer you financing, you need to realize someone with bad credit is at a high risk of defaulting and they need to justify the risk.
Before this i was looking at the 2011 gen coupe, only 4600km, went to test drive it twice. I got approved, financing was 20% for 7 years. It was too high so i was suggested to consider lease to own where it has a mandatory buyout at end. i was this close to getting it. I asked for numbers just in case, 38k over 4 yrs for 24k car.
$3325 down (covers first and last months payments)
$553/month for 46 months
3.8% int
9.8 int after you include admin fees
$9000+ tax buyout = 9450
Grand total after 4 years. 38,218 for 24,087 car. Thats to the exact dollar after taxes. I told the guys at hyundai i couldnt do it but they kept saying i could and to just refinance the $9450 buyout in 4 years.. "just refinance it just refinance it"
Last edited by Civicnoobie; 03-20-2012 at 10:09 PM.
#94
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Re: Well folks, looks like I could be retiring my 01 Civic tonight or this weekend
I know this won't really help that much, but I've learned the hard way that you either buy brand new at 0-.99% or buy used and pay cash straight up. Financing without superb credit will rape your bank account for 6 years and there will be nothing you can do about it.
I went behind my father's back when I bought my civic in 2008 (the one I have right now on this forum), and I am extremely lucky he paid the remainder for me 2 years later so my $12,000 car ended up costing me $16,000, instead of the $28 f-ing thousand it would have cost me if I continued to pay the monthly premiums at the current interest rate I had. That dealership took advantage of my lack of experience in car buying and played me good, and it was completely my fault because I just had to have a new car. If it wasn't for a very generous father, I would still be paying $430 per month and almost the same in insurance.
Basically, what I'm saying, is don't do anything behind your parent's back, cause it's just gonna cause more problems than it helps, trust me.
I went behind my father's back when I bought my civic in 2008 (the one I have right now on this forum), and I am extremely lucky he paid the remainder for me 2 years later so my $12,000 car ended up costing me $16,000, instead of the $28 f-ing thousand it would have cost me if I continued to pay the monthly premiums at the current interest rate I had. That dealership took advantage of my lack of experience in car buying and played me good, and it was completely my fault because I just had to have a new car. If it wasn't for a very generous father, I would still be paying $430 per month and almost the same in insurance.
Basically, what I'm saying, is don't do anything behind your parent's back, cause it's just gonna cause more problems than it helps, trust me.
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Rep Power: 229 Re: Well folks, looks like I could be retiring my 01 Civic tonight or this weekend
If you asked him if the VIN was changed and he said no then you would have a lawsuit.
If you asked him if the VIN was changed and he said it was "clean" he is just playing with words and thats fine too. (Hes alowed to do that)
I know your personal finances is your business but if you dont even have a permanent job I think it would be really stupid to finance any car. If you stop making payments they tow the car and your assed out of your money that you invested. I say get a steady job before financing anything.
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I know your personal finances is your business but if you dont even have a permanent job I think it would be really stupid to finance any car. If you stop making payments they tow the car and your assed out of your money that you invested. I say get a steady job before financing anything.
Since the purchase will no longer be proceeding, this thread will now be closed.
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