how did you pay for your car

[Han]

Loans aren't bad if you have good credit.

This.

I got my old GTI on loan for the car brand new. Paid it off early, got the title, traded it for the Jetta with title. Also got a used car loan for the Lexus.

[Pir8 97]

I have always gotten loans for my cars with one lease. I always try to pay extra toward principle each month to cut down on interest and shorten the term. I was able to pay off my Mini and Jetta early that way. Its nice to not have a car payment now.

[Petis]

If buying something under 10k then I saypay cash. Over 10k I say put down as much as possible and get a loan fo the rest.

[Atill93]

Sold my body to fat chicks off craigslist $100/hour....

this

[Skibum291]

save up a bunch of cash and combine with a loan- also you need to realize that your not going to get a lon for those cars- most banks won't give out auto loans for cars older than 10 years

it would then be a personal loan which has higher intrest rates than a used car loan


benefits however are low rates( 6.5 for me with a used car loan), improves your credit if you pay on time like your supposed to

[Tocchi]

blowjobs and lots of reacharounds ...

[skrapez]

Sold my body to fat chicks off craigslist $100/hour....

blowjobs and lots of reacharounds ...

i do believe you and i will get along just fine my friend haha

[Vegas13]

cash, altho i dont buy newer cars

[firelizard]

First car- mommy -> then spent several Gs in mods, and sold it at a loss
Second car- cash -> parted out and broke even... maybe
Third car- cash -> sold and lost about $1,000
Fourth car- cash -> bought for half what I sold first car, blew the rest on a set of wheels. Now for sale to break even or profit depending on haggling.
Fifth car- cash -> bought on eBay, got scammed on mileage, currently worthless to sell
Ruckus- loan -> could probably sell at profit, but it saves me a shit ton in gas and insurance. This is the only vehicle I've purchased that has been a good decision.

Only the first car cost more than $3,000 though (4k). Buying brand new or leasing will be a lot cheaper than getting an equivalent sized loan for something used. And even a smaller loan for something used will come at much higher interest than most manufacturers are offering right now (a lot are at 0% financing).

[90probef2t]

new cars are over rated. y pay a godly amount a month when u could put that into your car start saving and sit back some. a car will come up at a great price then u can put a good chuck down or pay full which is what you can. interest kills.

[Vegas13]

Ruckus- loan -> could probably sell at profit, but it saves me a shit ton in gas and insurance. This is the only vehicle I've purchased that has been a good decision.

i like how a scooter is your only smart vehicular purchase EVER

[stig]

$20 bills.

Both current cars, actually.

[firelizard]

y pay a godly amount a month when u could put that into your car.

Regarding this part specifically - putting money into a car almost always = losing money, unless you're a shop. Modifying a car is not an investment at all.

i like how a scooter is your only smart vehicular purchase EVER

Yep, well, it's more reliable, and much much much cheaper to operate (insurance, gas) daily than any of my cars. And since it's brand new, there's absolutely nothing wrong with it, and it still has a warranty. Should have got a scooter first, then I could have got a nicer car(s).

[Claw]

traded my se-r for the subie when i moved to the eastcoast...theres something about slammed fwd nissans with a bottle on them and snow covered upstate roads that just didnt work well together

[Dizko]

Bought my first car with cash, repaired and drove it for a while. Then sold it for profit and bought my current car.