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Advice on taking out a loan for a car

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Old Apr 28, 2006 | 08:09 PM
  #21  
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Default Re: Advice on taking out a loan for a car

Originally Posted by dirtyjerzusmc
that huge interest spike you were talking about, yeah happend to me 233 to 33 a month. make sure if you go with navy fed that the vehicle is less than 7 years old. if not the interest shoots up as soon as they get the title and confirm it
that hurts, I am looking at a nicely modded s14 or a gsx. Something nice but with a few years on it. My concern was that the vehicle that I want is not going to be worth the 5 or 8 thousand I am forking up from the bank or whomever I am taking out the loan. This is why I am looking for a personal loan, which I know is really going to be pricy. Also, when pricing the value on the car who do they use: Bluebook, NADA, their sisters friend who knows a guy?
Old Apr 29, 2006 | 08:14 AM
  #22  
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Default Re: Advice on taking out a loan for a car

mine after taxes and everything was like $28,650.23 @ 365.00 a month w/ 4% apr and for like 4 or 5 years somethin. I'd use either KBB or Nada they are both good... If you want to tell them andrew told you the price isn't more than 5k for their ride, give it a try, they may know me I dought it tho...

Last edited by 05WRX; Apr 29, 2006 at 08:20 AM.
Old May 3, 2006 | 01:33 PM
  #23  
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Default Re: Advice on taking out a loan for a car

i have simple set interest so if i want to sell my car now IF i bought for 2000 then i pay 2000 payoff in a couple months it will be 1400 ect ect so the intrest is daily and not one lump sum that gets payed off first i got a used car loan through langley with a 4.9 rate so like i said its easy to get rid of the car when i want so the intrest only occurs daily, that way when i sell the car im not trying to rip someone off to pay my interest for me... even if that person has awsome credit yours matters too. The laws changed and its based off of both persons involved equally so if one persons sucked and the other person was perfect you would have medium credit between the two of you.. look it up do your homework it took me 3 months to shop these prices are made up

Last edited by hondajunky1982; May 3, 2006 at 01:38 PM.
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