Car help brehs

[AlwaysLurkin]

Ok so I currently drive a 08 G8 v6 with 87k miles.So today I go just browsing cars and I see this nice fully maxima for 15k 66k miles.shyt is dope as hell looks infiniti quality I just want to see what numbers he'd throw at me and he said 350 per month for 72 months I keep telling him that would be a dumb situation for me to get in since the car isn't the newest.Then he says 325 per month and Im still like hell naw.Im walking out and I check out the car 1 more time and he says we can do 276 for 72 months

Did I make the right decision of walking away?

 

[DrunkenNovice]

Yes

Thats about a 9% interest rate. You paying 19k for the car throughout the life of the loan.

Take that payment you were willing to make and pocket it. Ride what you have till the wheels fall off and eat later.

Edit: that first deal they offered you was crazy 15k @350 a month for 72 month is fukking 19% APR 25k at the end of the loan bruh they were trying to get you.

 

[CarbonBraddock]

WHen i had got the Civic i originally had 22s on there but then i seen these rims on this asian website that was spinners but they had the image of King Kong in them so it looked like King Kong was spinning on your wheels. I thought it was a joke at first and called the number but as it turns out it was legit, so i bought them and have heauxs giving me mad play just offa my wheels. So i would definitely suggest looking into that.

@AlwaysLurkin

 

[street heat]

Ok so I currently drive a 08 G8 v6 with 87k miles.So today I go just browsing cars and I see this nice fully maxima for 15k 66k miles.shyt is dope as hell looks infiniti quality I just want to see what numbers he'd throw at me and he said 350 per month for 72 months I keep telling him that would be a dumb situation for me to get in since the car isn't the newest.Then he says 325 per month and Im still like hell naw.Im walking out and I check out the car 1 more time and he says we can do 276 for 72 months

Did I make the right decision of walking away?

what year was the maxima ?

shouldve been like how about 276 for 24 months ? if you met in the middle might not have been a bad deal

 

[Lady.Libra.]

Did I make the right decision of walking away?

Yep.

 

[Chrishaune]

Yeah, he was disrespecting your mental capacity......






almost 20Gs .......too many miles for that....

 

[AlwaysLurkin]

Yes

Thats about a 9% interest rate. You paying 19k for the car throughout the life of the loan.

Take that payment you were willing to make and pocket it. Ride what you have till the wheels fall off and eat later.

Edit: that first deal they offered you was crazy 15k @350 a month for 72 month is fukking 19% APR 25k at the end of the loan bruh they were trying to get you.

My apr is 5.9% im rolling 4k of negative equity in this cause I owe 11.3 on my current car.They're giving me 7k for the pontiac.

 

[AlwaysLurkin]

 

[DrunkenNovice]

My apr is 5.9% im rolling 4k of negative equity in this cause I owe 11.3 on my current car.They're giving me 7k for the pontiac.

What's your current payoff date? Do you think the extension is worth it?

What year is the maxima? With the numbers you gave youll probably be upside down in that right off the lot. So it doesnt solve that problem.

If your current loan is 6% they shouldnt be offering you a higher one (unless your credit has gotten worse)

Did they run your credit to give you the offers they did or were they just talking? If they ran your credit you might as well try to negotiate since youre already going to take the hard inquiry.

For me the bad interest rate alone is enough to say no.

I wouldnt consider extending my payment unless the car was giving me problems.

 

[AlwaysLurkin]

What's your current payoff date? Do you think the extension is worth it?

What year is the maxima? With the numbers you gave youll probably be upside down in that right off the lot. So it doesnt solve that problem.

If your current loan is 6% they shouldnt be offering you a higher one (unless your credit has gotten worse)

Did they run your credit to give you the offers they did or were they just talking? If they ran your credit you might as well try to negotiate since youre already going to take the hard inquiry.

For me the bad interest rate alone is enough to say no.

I wouldnt consider extending my payment unless the car was giving me problems.

My current loan now is 3.4% I believe and my credit score maybe a 770 and the pay off date is 2019.Nothing is really wrong with my current car but the clear coat is peeling badly on my hood and other spots.I really like the maxima but I truely don't think taking on a whole new loan would be smart.The only way I think I'll buy it is if I can get the total loan for 16-17k total.

 

[Chrishaune]

My current loan now is 3.4% I believe and my credit score maybe a 770 and the pay off date is 2019.Nothing is really wrong with my current car but the clear coat is peeling badly on my hood and other spots.I really like the maxima but I truely don't think taking on a whole new loan would be smart.The only way I think I'll buy it is if I can get the total loan for 16-17k total.

go to paintscratch.com......they have all you need to repair peeling, scratched, scraped paint on a car. You can find videos on youtube showing you how to do it.

 

[DrunkenNovice]

My current loan now is 3.4% I believe and my credit score maybe a 770 and the pay off date is 2019.Nothing is really wrong with my current car but the clear coat is peeling badly on my hood and other spots.I really like the maxima but I truely don't think taking on a whole new loan would be smart.The only way I think I'll buy it is if I can get the total loan for 16-17k total.

If your credit score is on the mid 7s+ no way they should be offering you the rate that they are.

To get what youre looking for youre going to need to get them to do at most a 4% apr. Thatll get your loan to 16.5k total on a 60 mos.

Thatll make your payment 270 and if you keep paying what youre paying now youll only be extending your loan by 2 years (paying extra for early payoff)

thats reasonable, but you have to be able to get the 4% on 60mo loan.

I agree with you on the loan. Car payments are the #1 thing that stifle wealth building. For that reason i still wouldnt do it.

 

[HookersandIceCream]

72m

Why the big price difference between the first offer and the 2nd

First one comes out to 24k
Second one comes out to 20k

That's a huge difference for seemingly no reason


What is your car worth
How much do you owe
Are you trading it in
What's your credit score


Edit you answered all those above
How much does that year maxima for with similar options go for in your area?

Why the hell are you upside down on a 2008 G6?
It's not even a expensive car at all


Apply for a loan and do it when you are ready to buy because multiple car loan applications will only count as one if you do it under a week

 

[Arithmetic]

The disrespect @ the 350 a month offer

 

[Truefan31]

Ok so I currently drive a 08 G8 v6 with 87k miles.So today I go just browsing cars and I see this nice fully maxima for 15k 66k miles.shyt is dope as hell looks infiniti quality I just want to see what numbers he'd throw at me and he said 350 per month for 72 months I keep telling him that would be a dumb situation for me to get in since the car isn't the newest.Then he says 325 per month and Im still like hell naw.Im walking out and I check out the car 1 more time and he says we can do 276 for 72 months

Did I make the right decision of walking away?

Imo do everything you can to get out/stay out of debt in general.

72 months