Spin: Coli Car Owners.. Do You Actually OWN Your Car?

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Dushane Hill

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Slam said:
Took out a unsecured low interest loan, paid for the car in full. The car is mine and if I cba to pay back the loan the bank can’t do shyt.

I mean why would anyone do car financing when u can get a cheaper loan and pay the shyt off and just deal with ur bank.

:unimpressed:
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Yeah agree with this. I'm looking at getting a car this year (2022) and this seems like the most logical option considering I'm always gonna need a vehicle and don't see the point in getting back to back leasing contracts where I've got monthly payments for 10+ years.
 
Spectre

Spectre

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Saved up and bought my acura in cash. Owned it for 6+ years now. Low maintenance and no payments is the best.

Thinking of getting a new crossover but cars have gotten expensive now even with a hefty downpayment. Remember when a new car was like 25-30K? I remember

Not feeling the idea of monthly payments + comprehensive car insurance

Might have to do lexus for that resale value atleast
 
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hatealot

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Spectre said:
Saved up and bought my acura in cash. Owned it for 6+ years now. Low maintenance and no payments is the best.

Thinking of getting a new crossover but cars have gotten expensive now even with a hefty downpayment. Remember when a new car was like 25-30K? I remember

Not feeling the idea of monthly payments + comprehensive car insurance

Might have to do lexus for that resale value atleast
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I'm in the process of totalling a lexus. A 04 lexus gs430 came back at around 10k.

The values are crazy right now.

Could be this specific GS is hard as fukk to find used.

I just did a search and there aren't too many if em at all.
 
Spectre

Spectre

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hatealot said:
I'm in the process of totalling a lexus. A 04 lexus gs430 came back at around 10k.

The values are crazy right now.

Could be this specific GS is hard as fukk to find used.

I just did a search and there aren't too many if em at all.
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That part.

Lexus is top tier reliability with low maintenance compared to other luxury brands

After u get it, it's a lot easier to trade up since the resale is always up

But to get the resale value, u first gotta buy the sale first....sigh
 
AQz

AQz

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Yes. My last two cars I paid for in under a year. That said I’m not planning on buying another car for a while.
 
ExodusNirvana

ExodusNirvana

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Yessir...2014 328xi with all packages

Straight cash homie... although I kinda wish I could upgrade, I like my car a lot cause this is the first one that's all mine and it's exactly what I wanted down to the packages
 
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