Otis Nice Posted March 15, 2019 Report Share Posted March 15, 2019 Whatever car you decide to buy, Lets talk for a minute on how you are going to pay for it. If you need to finance.... Talk to Marc. FTFY Quote Link to comment Share on other sites More sharing options...
Geeto67 Posted March 15, 2019 Report Share Posted March 15, 2019 I thought Marc was only a home lending broker? Does he do auto too? Quote Link to comment Share on other sites More sharing options...
2 Sweet Posted March 15, 2019 Report Share Posted March 15, 2019 Whatever car you decide to buy, Lets talk for a minute on how you are going to pay for it. If you need to finance.... Shop for the right credit. Comparison shop using resources like bankrate.com and see what low rate you can get approved for. Keep in mind, low rate used car loans from major lenders will limit the car to under 100K miles and under 5 years old and purchased from a franchise dealer. That being said I got a loan on my audi at 1.99% from BofA back in 2011 that I bought from a BMW dealer. I also got approved for a 2.49% loan from PenFed a couple of years ago for a 10 year old under 100K car that I did not buy. You don't want to open too many credit lines, so choose wisely. Once you have the approval letter you can start to shop. If the dealer that that you are buying from has a finance department you can have them run it as well. Car dealers make money off the credit they sell you, so their incentive is to sell you the highest interest rate they can reasonably justify. If you have been pre-approved for a low interest loan the dealer is required to be able to match it (at least in NY, is that true in Ohio?). Why is that important? well, dealers might give you more off the car if you take their financing as opposed as third party financing which is just like a cash purchase for the car. The dealer makes more profit off the interest so you might come out ahead if you are saavy with the math by taking a lower purchase price with a higher interest rate. When having a finance discussion with the dealer, avoid the "four square" conversation. Read this: https://www.consumerreports.org/consumerist/dealerships-rip-you-off-with-the-four-square-heres-how-to-beat-it/ If it is cash, and a specialty car (VW GTI, Miata, wrx, etc) then have a PPI done on the car by either the dealer or a reputable repair shop. It's cheap insurance plus it gives you a punch list on known issues to fix as you go. good luck. Great info. It's kind of surprising how many people fall for the typical salesman BS Quote Link to comment Share on other sites More sharing options...
Crossle Posted March 15, 2019 Report Share Posted March 15, 2019 What about a Subaru? An older WRX could be had for half your budget, has awd (so practical year round) and can be quick. Just, when you get one replace the timing belt and throw in some mls head gaskets and don't worry about it lol. DISAGREE haha Quote Link to comment Share on other sites More sharing options...
Not Brian Posted March 15, 2019 Report Share Posted March 15, 2019 -CRs most respected member offers one of the best available examples of a top suggestion lol who's that? Quote Link to comment Share on other sites More sharing options...
Green Bastard Posted March 15, 2019 Report Share Posted March 15, 2019 DISAGREE haha I'll take your word for it, you have far more knowledge of Subaru's than myself. May I ask why though? Quote Link to comment Share on other sites More sharing options...
Fiji ST Posted March 16, 2019 Report Share Posted March 16, 2019 You don't want to open too many credit lines, so choose wisely. Once you have the approval letter you can start to shop. If the dealer that that you are buying from has a finance department you can have them run it as well. Car dealers make money off the credit they sell you, so their incentive is to sell you the highest interest rate they can reasonably justify. If you have been pre-approved for a low interest loan the dealer is required to be able to match it (at least in NY, is that true in Ohio?). Why is that important? well, dealers might give you more off the car if you take their financing as opposed as third party financing which is just like a cash purchase for the car. The dealer makes more profit off the interest so you might come out ahead if you are saavy with the math by taking a lower purchase price with a higher interest rate. . good luck. Not necessarily anymore. A few banks still do this, but they’re rates are much higher than most. The majority of banks, especially credit unions, have gone with a simple flat-rate dependent on credit scores. No more marking it up to make a profit. I do agree with getting pre-approved beforehand to cover your back from any surprises and you’ll have a better idea of what price range you should be in. Quote Link to comment Share on other sites More sharing options...
dq driver Posted March 17, 2019 Report Share Posted March 17, 2019 :lurk: Quote Link to comment Share on other sites More sharing options...
-Alex- Posted March 17, 2019 Report Share Posted March 17, 2019 lol who's that? Doc. Who else would it be? Quote Link to comment Share on other sites More sharing options...
ShowHBK Posted March 26, 2019 Author Report Share Posted March 26, 2019 The car has been selected. Paperwork is underway. See you all Saturday Quote Link to comment Share on other sites More sharing options...
Gergwheel1647545492 Posted March 26, 2019 Report Share Posted March 26, 2019 The car has been selected. Paperwork is underway. See you all Saturday I wonder what it could be Vehicles: Pony Quote Link to comment Share on other sites More sharing options...
Cordell Posted March 26, 2019 Report Share Posted March 26, 2019 So a V6 Mustang..............pretty fly for a white guy. Quote Link to comment Share on other sites More sharing options...
zeitgeist57 Posted March 26, 2019 Report Share Posted March 26, 2019 It's a 300+hp Mustang, my guess. ...but not 400+hp Quote Link to comment Share on other sites More sharing options...
RyM3rC Posted March 26, 2019 Report Share Posted March 26, 2019 He asked for a 13 but they drew a 31 guess a v6 stang would be fine for a deaf person? Quote Link to comment Share on other sites More sharing options...
zeitgeist57 Posted March 26, 2019 Report Share Posted March 26, 2019 "When you're used to driving 160ft/lbs of torque, even a V6 Mustang is going to feel really fast." - Former BMW 318 owner :gabe: Quote Link to comment Share on other sites More sharing options...
PRD2BDF Posted March 26, 2019 Report Share Posted March 26, 2019 guess a v6 stang would be fine for a deaf person? No it would not. Source: this Deaf guy Quote Link to comment Share on other sites More sharing options...
RyM3rC Posted March 26, 2019 Report Share Posted March 26, 2019 No it would not. Source: this Deaf guy well NOW who are they going to sell them to? Teenage girls just don't get their parents to buy them v6 mustangs like they used to Quote Link to comment Share on other sites More sharing options...
Orion Posted March 26, 2019 Report Share Posted March 26, 2019 No it would not. Source: this Deaf guy :lolguy: Quote Link to comment Share on other sites More sharing options...
Cordell Posted March 26, 2019 Report Share Posted March 26, 2019 No it would not. Source: this Deaf guy :lolguy: This needs a like button. Quote Link to comment Share on other sites More sharing options...
Franchi Posted March 26, 2019 Report Share Posted March 26, 2019 well NOW who are they going to sell them to? Teenage girls just don't get their parents to buy them v6 mustangs like they used to The smart parent gets the roaring V8 but then adds a tune that makes the speed limiter kick on at 66 or 71 MPH. Ha... Kidding aside, I've actually did that on request for a guy couple years ago. One guy rebuilt a wrecked 01 Cobra with his young son from age 11 to 16, teaching him how to work on it, and it was a pretty stout head/cam n/a build from what I remember. And the son got a 126 MPH speeding ticket racing a friend the first day he got his license at 16. Dad called me the day after the ticket and said he wants two tunes...one tune to make the car run like a dream up to 65 and at 66 MPH, have the car fall flat on it's face. And then he wanted another tune for when HE borrowed the car and have the speed limiter turned off entirely. lol Quote Link to comment Share on other sites More sharing options...
Aaron Posted March 26, 2019 Report Share Posted March 26, 2019 No more v6. EcoBoost, coyote, voodoo and predator. Quote Link to comment Share on other sites More sharing options...
Robochan Posted March 26, 2019 Report Share Posted March 26, 2019 No more v6. EcoBoost, coyote, voodoo and predator. ...oh my? Quote Link to comment Share on other sites More sharing options...
Geeto67 Posted March 26, 2019 Report Share Posted March 26, 2019 I wonder what it could be Maybe he bought an actual pony? I mean it would be inline with an Rx-8 as far as impractical transportation decisions go. Quote Link to comment Share on other sites More sharing options...
Fiji ST Posted March 26, 2019 Report Share Posted March 26, 2019 well NOW who are they going to sell them to? Teenage girls just don't get their parents to buy them v6 mustangs like they used to You can program the cars to max out at a certain speed. 45/55/65/80 mph. Quote Link to comment Share on other sites More sharing options...
POS VETT Posted March 27, 2019 Report Share Posted March 27, 2019 The car has been selected. Paperwork is underway. See you all Saturday What's on Saturday? Quote Link to comment Share on other sites More sharing options...
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