How much do you still owe on your FI car??

tower74 · 01-09-2012, 09:49 PM

Bought the car for 34 but owe 23 on it (only had 1200miles on it)...used the turbo money to keep the payment down (7000)....put the turbo on cc but of $12,000 I spent on it I only owe $4000 on the card (system went on in sept.). Hey paying cash for everything is never a good idea. Having credit is the only way you get things for cheap, sucks but fact of life. Just make sure if you do go credit you can afford the extra payments to get payed off quick or the money you thought it would cost will double if not triple quickly. Learned that one when I was younger the hard way.

01-09-2012, 09:49 PM	#9 (permalink)
tower74 A True Z Fanatic Join Date: Oct 2011 Location: KCMO Posts: 1,597 Drives: 2017 ZL1 Camaro Rep Power: 371	Bought the car for 34 but owe 23 on it (only had 1200miles on it)...used the turbo money to keep the payment down (7000)....put the turbo on cc but of $12,000 I spent on it I only owe $4000 on the card (system went on in sept.). Hey paying cash for everything is never a good idea. Having credit is the only way you get things for cheap, sucks but fact of life. Just make sure if you do go credit you can afford the extra payments to get payed off quick or the money you thought it would cost will double if not triple quickly. Learned that one when I was younger the hard way. Last edited by tower74; 01-09-2012 at 09:52 PM.