Yeah you never want to put that much money down up front because you always run that risk of losing that. Rule of thumb is 1/3 of the price of the car.
Monthly car note unappreciation thread
- Thread starter Drake is God
- Start date
I been looking at these X5M's(and the MB ML63 AMG, so torn) on youtube...someday brehs, someday. 
Last edited:
Insurance has an adjuster come out and he hypothetically values the car at $20,000. You've already paid half of that off so you simply wait for them to send you your check
Worst case scenario - you'll lose a couple of thousand. That's no different than driving in a rental for a couple of months. Also, idk about you but totaling the car is not something that I actively plan for. Sure, it could happen, but unless you're an extremely shytty driver the chances of you totaling your car are pretty low.So if you get a new car that's worth $30,000 then that's exactly what you would be putting down.
Yea I plan on keeping it, but Im tired of SUVs, I want a car. I'm finally at point now where I can get a somewhat nice one
Q50 is a sick ass ride....
How much you looking at payment wise???
Well I'm thinking imma wait another year. In 2017 I could probably find a 2014 Q50 for maybe 25k payment around $350 after the down payment. I'm in between that infiniti and a Cadilla ATS, just wish the ATS had the horse power that the infiniti does
ORDER_66
I am The Wrench in all your plans....
I feel you. i wanna cop that chally so bad but I'm gonna hold off because i can do it but it's gonna be another 2 year process I might as well save up my funds and see where I'm at at the end of the year. im looking to change jobs too so switching cars right now is in the back of my mind. best thing is once I have this car title in my hands im gonna make all the upgrades i want and just rock out with it. good thing the parts is cheap...
FukYaFeelings
Superstar
Cot damn at some of yall. When I do decide to get my whip, I'm not looking to pay no more than $300 for a note.
Drake is God
Sweeterman
Insurance has an adjuster come out and he hypothetically values the car at $20,000. You've already paid half of that off so you simply wait for them to send you your check
insurance doesn't fully protect the down payment I live in Chicago, so say I drop 10k on a 65k car which the m3 is, and it gets stolen I lose my 10k. Another thing is in Illinois you gotta pay taxes on the down payment amount.
Yea ain't nothing like riding payment free
I ain't in no hurry I'm pushing an 05 trailblazer right now and it ain't really ever gave me any trouble. When I upgrade though I'm copping a luxury car just not sure which one yet
Drake is God
Sweeterman
I been looking at these X5M's(and the MB ML63 AMG, so torn) on youtube...someday brehs, someday.
They look clean af
I have and 08 impala and had to get my transmission rebuilt as well but I know it was from riding around on 22 inch rims for and extended period of time. After the rebuild it runs great though (riding 20s now). My only has around 105k miles on it though as I been working overseas so long and it just sits in storage. It's good to know that yours is almost at 200k. I plan on repainting mine and fixing the little issues (like 2 of the windows not rolling down) then it should be good to drive for a long time. It'll act as my second car as well whenever I decide to buy another vehicle.
Drake is God
Sweeterman
What you trying to get?
I like those jeep as well. It's in the running for my potential next vehicle. Since I have a motorcycle I should get something I can hook a little trailer up to if needed and I don't really want a truck (unless it's that Raptor but that would not be a reasonable purchase)
Either a 3 series beamer, Accord coupe or the Genesis coupe
