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Corsa Sport » Message Board » General Chat » car finance » Post Reply
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ljames555 |
posted on 25th Aug 04 at 11:50 |
well i was thinking of buying a 2-3 yr old car for about 6-7k was wondering what are the average interest rates trade dealers give? | |
NovaGTE |
posted on 25th Aug 04 at 10:49 |
Its more satisfying to by a car without a loan IMO as you feel that you have worked for it and its all yours. | |
Ian |
posted on 25th Aug 04 at 10:40 |
Have I been doing this wrong all along or do cars depreciate if you buy them cash as well? :o | |
Adam-D |
posted on 25th Aug 04 at 08:17 |
ps i sold my car to finish off the loan | |
PaulW |
posted on 25th Aug 04 at 08:12 |
I got my first corsa on finance 4 years ago... | |
Bart |
posted on 25th Aug 04 at 08:11 |
quote: Yep! I saw a program once where JayZ bought a brand new 300k bentley, which depreciated 100k in the first year! You'll easily loose a few grand in the first year or two, youer better off getting a car from a dealer that is on a 02 plate or there abouts. Adam | |
Adam-D |
posted on 25th Aug 04 at 08:04 |
i got a loan to get my car | |
Teddy |
posted on 25th Aug 04 at 07:56 |
The interest on car finance is unreal. | |
Ian |
posted on 25th Aug 04 at 00:59 |
quote:Sell the car and settle the loan? | |
Andrew |
posted on 25th Aug 04 at 00:30 |
Very bad idea! Think about it, you will get fed up woth the car but still have the loan to pay off :mad: | |
ljames555 |
posted on 25th Aug 04 at 00:29 |
need advice thinking of getting 2nd hand car 6k - 8k bad idea or good ? what would i be looking to pay over 3 yr or 5yr ? (a month) |