200sx-Starlet-Jay Posted July 31, 2008 Share Posted July 31, 2008 i assume its like a loan really?! do u get cained on apr or interest or watever? and what sort of periods do they pay it off over?!seen a motor i realy realy want, but aint got the total amount... do i wait and save up and loose this car, or do i get it on finance?! Quote Link to post Share on other sites
Bourkey Posted July 31, 2008 Share Posted July 31, 2008 Well what they do is bend you over the counter and ram you in the backside.My mate has bought a 54 plate 1.2 8v Punto in 2006. He is stuck with it for another 3 years until he is 25!!! We are all getting faster and faster and the only thing he can do is get a louder sound system and neon lights. By the time he is able to get rid we will be moving on. He is even talking of getting a loan for a Glanza so he can keep up.Save up for something you want bud. It's all yours then. ;)Bourkey Quote Link to post Share on other sites
200sx-Starlet-Jay Posted July 31, 2008 Author Share Posted July 31, 2008 Well what they do is bend you over the counter and ram you in the backside.My mate has bought a 54 plate 1.2 8v Punto in 2006. He is stuck with it for another 3 years until he is 25!!! We are all getting faster and faster and the only thing he can do is get a louder sound system and neon lights. By the time he is able to get rid we will be moving on. He is even talking of getting a loan for a Glanza so he can keep up.Save up for something you want bud. It's all yours then. ;) Bourkeythis is... a skyline... lol i plan on keeping for some years hahaworth it now?? Quote Link to post Share on other sites
briggers Posted July 31, 2008 Share Posted July 31, 2008 if you can afford the repayments go for it. if you get a large chunk of money one month wack it on the car 2 pay more of it off. if you enjoy the car then its worth it but only if it doesnt go wrong. Quote Link to post Share on other sites
200sx-Starlet-Jay Posted July 31, 2008 Author Share Posted July 31, 2008 if you can afford the repayments go for it. if you get a large chunk of money one month wack it on the car 2 pay more of it off. if you enjoy the car then its worth it but only if it doesnt go wrong.i fuckin love cars, i think i have somthing rong with me, i actualy cant sleep over em somtimes, and this skyline is on my mind 24/7 now... ive gone from a 280BHP 200sx to a 1.3 starlet... u get my drift!! can u do that then? like pay more off if u have the cash? Quote Link to post Share on other sites
darylb Posted July 31, 2008 Share Posted July 31, 2008 i think you can they either lower the repayments or shorten the repayment period but its best to check with the finance company Quote Link to post Share on other sites
Glanza-Love Posted July 31, 2008 Share Posted July 31, 2008 you will find it hard to finance a 10+ year old car they dont like it Quote Link to post Share on other sites
200sx-Starlet-Jay Posted July 31, 2008 Author Share Posted July 31, 2008 you will find it hard to finance a 10+ year old car they dont like itthe company who selling it are offering it on finance, i just cnt make my mind up.. do i dare sign it up Quote Link to post Share on other sites
Glanza-Love Posted July 31, 2008 Share Posted July 31, 2008 they offer it but you will get anal probed mate... also youll have to be a certain age and the rates especialy right now will be expensive! Quote Link to post Share on other sites
ecksjay Posted August 1, 2008 Share Posted August 1, 2008 promise you mate, dont do it. everyone who does it regrets it, unless you just get a loan for a year and then pay it off in a year at monstrous interest (loans etc have silly rates now, a year ago you could get a 6.4% loan on 5grand over a year, now its more like 16-20%), dont bother mate.forget about it and save up, thats the only thing you should do, no matter what your heart tells you. If you have to get a loan out just to BUY the car, then you certainly wont be able to afford to run it, especially if its a skyline. Quote Link to post Share on other sites
SiCaln Posted August 1, 2008 Share Posted August 1, 2008 gotta agree with every word ecks says there, its just not worth it Quote Link to post Share on other sites
StarletRick Posted August 1, 2008 Share Posted August 1, 2008 i was basicaly about to type what harry just said. finance is massively gay. if you cant afford the car outright, dont bother with it mate. wait till you can afford it. Quote Link to post Share on other sites
Bourkey Posted August 1, 2008 Share Posted August 1, 2008 Ok a Skyline is a little better than a Punto but still i have to disagree with the loan/finance.Bourkey Quote Link to post Share on other sites
Galliano Posted August 1, 2008 Share Posted August 1, 2008 finance/loans with this credit crunch at the moment, dont even think about it.running costs etc will put you out of pocket, rape your bank account anally, and it will all end with most likely bankrupcy if you cant afford to pay back the loan as well as living for yourself and running the car.and bankrupcy means if the car is worth a descent ammount, they will take that to share between the creditors.. just be prepared for it mate, dont go diving in thinking its all gravy.. think about the downsides if it goes.. tits up. Quote Link to post Share on other sites
ecksjay Posted August 1, 2008 Share Posted August 1, 2008 plus, skylines are gay and heavy. unless massively tuned, i'd happily give one a run, even at stock boost. unless its really something special, forget it. Quote Link to post Share on other sites
paul w Posted August 1, 2008 Share Posted August 1, 2008 Do not buy a car you cannot afford to run/maintain as you'll only end up tryin to sell it and still be stuck with the repayments for years! It ain't called the never never for nothing! Out of interest how old are you?? Under 25 trying to insure it would be a giggle.......well for us anyway ;) Quote Link to post Share on other sites
briggers Posted August 1, 2008 Share Posted August 1, 2008 finance is usually more expensive than a loan but what ever you do dont start shoping for loans as ou may fook up your credit rating if you get denied a few times. finance can be cheaper in some cases as sometimes they offer you 0% for how ever long but once that runs out you can bet on it going much higher. really depends on how mechanically sound the car is and do you trust the company seling it.most people dont have that much cash spare so i have done the route of taking a loan to get my car but i work for a bank so the interest is low. it would be nice if i could spend most of my money on the car as some of it goes towards my loan and my credit card but thats just the way it is. im glad i have my car and could have probably paid it off by now but i like going out every weekend 2 so thats my down fall Quote Link to post Share on other sites
200sx-Starlet-Jay Posted August 3, 2008 Author Share Posted August 3, 2008 lol i wasnt going to drive it on the road, im too young, it was a mint deal, i want a skyline and i was going to mod it and tune it while it was off the road, get back into drifting, and take it to track days, its not that i cant afford it i can, i cud pay it off within half a year easy and live running my car and living comfortable as fuck, its just i dont have the total cash in bulk rite now, and ive been researching them for a good 4 months, this has by far been the best deal ive seen! dunno wether im getting it now, doubt i will get it sorted in time anyway.my bank offerd me 13% interest on a loan, looked on net, and got it down to 7.8 which i thort was acceptable in this current climate!alternative to a bank loan, i was going to ask my boss, he would be sound with it and i would pay him back with no interest in a few months!!!! BUT AAHHHH WELL AY LADS?!! Quote Link to post Share on other sites
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