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o0n8

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Posts posted by o0n8

  1. My biggest concern would be liability as Steve mentioned, but also competence of the person operating the lift. This could be easily avoided if you where there to act as supervisor to make sure they know what they are doing but then It would require enough clientele to make it a full time operation.

     

    I do agree with Kevin that most are knowledgeable about how to work on their own cars. But those who don't have their own place usually borrow someone else's or are too broke to rent a shop in the first place.

     

    The real question would be what you would have to charge per hour/day to make it profitable. Would you have enough time to monitor the shop as it is use, or would you have to higher a supervisor to ensure your equipment is being used properly. Then you get into after hours costs as we all know what should only take 20 minutes turns into 2 hours quite frequently.

     

    Could offset some of that cost buy renting out space for a taco truck in the parking lot.

  2. I've been trying to talk myself into converting an extra e36 into a chumpcar or etc for awhile, but I'd fall asleep at mid ohio in that thing... Probably make 100mph on the back straight LOL

    I hit 104 with space to the braking zone in a fully loaded Mazda 6 wagon before my instructor freaked out. I'm sure an e36 could do better.

    Entering my first Hillclimb in May.

     

    That will be sketchy fun..

     

    Know a guy that does this, it's kinda insane but the videos are cool

  3. 2018 Passat

     

    Brand new for $22-28k, great features, 6yr/72k warranty, 600-Miles+ on a tank, etc. if you’re driving that much a week, you’ll save in gas alone. I get 44mpg straight HWY. plus, even the cheapest one has adaptive cruise control which would prevent another accident like you had... ;)

     

    http://www.vw.com/models/passat/section/colors/

    I was going to suggest the 2018 R-Line Passat. They switched to the 2.0t engine and comes with a 6 year 72k mile warranty.

     

    Still some '17 VW models around that can be had with a huge discount

    I have no clue on new VW's though. They may be...better?

     

    Definitely better

  4. Interesting stuff in here

     

    Tips

    1. Pay extra every month - Yes the bank knows to put it to principal

    2. If your interest rate is over 4.5% get it refinanced

    3. Download the spreadsheet from excel, it helps you see the impact of you extra payments

     

    If you are only looking for a lower payment, you could look into a Re-cast but that doesn't pay it off faster, just gives you a lower monthly payment.

     

    Most banks will not allow bi-weekly payments which can lead to a problem because anything not the full amount will be put to principal and you'll "miss" your monthly payment.

    Also, just wanted to point out most (not all) mortgages are done on a Monthly Interest calculation while car loans are done on a Daily Simple Interest. Basically, the more days between your car payments the more interest that has accrued. With a mortgage, it doesn't matter if you pay on the 1st on month and the 10th the next, the interest doesn't change.

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