zeitgeist57 Posted March 24, 2014 Report Share Posted March 24, 2014 http://www.thetruthaboutcars.com/2014/03/say-hello-to-144-month-financing/ @ the "12 Years a slave" comment. Car payments LOL* * - unless it's 0.9% or better...that's darn near free money! Quote Link to comment Share on other sites More sharing options...
bmwohio Posted March 24, 2014 Report Share Posted March 24, 2014 How do you think Jones could afford his GEE TEE ARRRRRR :dumb: Quote Link to comment Share on other sites More sharing options...
BrianZ06 Posted March 24, 2014 Report Share Posted March 24, 2014 Just imagine after making 72 payments your half way to owning your 12 year old new car. Quote Link to comment Share on other sites More sharing options...
Forrest Gump 9 Posted March 24, 2014 Report Share Posted March 24, 2014 Yes, I can finally buy a new Civic!! On a serious note, I wouldn't mine buying a LFA on a twelve year term. Quote Link to comment Share on other sites More sharing options...
o0n8 Posted March 24, 2014 Report Share Posted March 24, 2014 I could understand on a classic that has the potential to appreciate in value over the 12 years. Quote Link to comment Share on other sites More sharing options...
Jewtoys Posted March 24, 2014 Report Share Posted March 24, 2014 I could understand on a classic that has the potential to appreciate in value over the 12 years. NOOOOO. 144 months is crazy talk Quote Link to comment Share on other sites More sharing options...
Snowflake Posted March 24, 2014 Report Share Posted March 24, 2014 All this does is drive the price of crap cars up Quote Link to comment Share on other sites More sharing options...
o0n8 Posted March 24, 2014 Report Share Posted March 24, 2014 NOOOOO. 144 months is crazy talk I agree, but this is the kinda thing I had in mind. 1967 Ferrari 275 GTB N.A.R.T. Spyder http://media.getthefive.com/cache/uploads/article_images/Ferrari-275-GTB-4-NART-Spyder-1967-10E7L255929990AA_toppick_crop.jpeg Quote Link to comment Share on other sites More sharing options...
Supplicium Posted March 24, 2014 Report Share Posted March 24, 2014 no car, out appreciates compounded interest over 144 months Quote Link to comment Share on other sites More sharing options...
Stretch Posted March 24, 2014 Report Share Posted March 24, 2014 That's insane. Anything over 3 years is stupid IMO. Quote Link to comment Share on other sites More sharing options...
Mr. Jones Posted March 24, 2014 Report Share Posted March 24, 2014 Aventador here I come! Quote Link to comment Share on other sites More sharing options...
TTQ B4U Posted March 24, 2014 Report Share Posted March 24, 2014 and people who sign these types of deals are allowed to vote, raise children and live life among the rest of us...sigh..... Quote Link to comment Share on other sites More sharing options...
Duff1647545513 Posted March 24, 2014 Report Share Posted March 24, 2014 '99 GTP here I come! Quote Link to comment Share on other sites More sharing options...
spectragod Posted March 25, 2014 Report Share Posted March 25, 2014 and people who sign these types of deals are allowed to vote, raise children and live life among the rest of us...sigh..... Yep, and they buy 500k houses on 5 year balloon's or ARM's and can't afford a stick of furniture, but have a couple leased or 144 month payment new cars..........look at me, I'm keeping up with everyone else..... and I work a minimum wage job... Quote Link to comment Share on other sites More sharing options...
Otis Nice Posted March 25, 2014 Report Share Posted March 25, 2014 look at me, I'm keeping up with everyone else Biggest problem I saw while working in finance. Quote Link to comment Share on other sites More sharing options...
Bogie89 Posted March 25, 2014 Report Share Posted March 25, 2014 Aventador here I come! No balls! :dumb: Quote Link to comment Share on other sites More sharing options...
gillbot Posted March 25, 2014 Report Share Posted March 25, 2014 This isn't really anything new. Back when I was without children and stupid enough to look for a real collector car, I looked into buying a Superbird. 144 month financing was available back then and that's been more than 7 years ago. The criteria was quite stringent and lucky for me, I didn't qualify, lol. Quote Link to comment Share on other sites More sharing options...
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