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Imagine if the motor blows before they finished paying it off???
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#2 (permalink) |
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Through financing FI will get there money from whomever as soon as you sign that dotted line. The person financing is the one taking the risk. Say you purchase something at the price of 10k. If you have no interest at all and set up a 36 month contract your looking at a monthly bill of $277. Personally I plan on putting more than half down and maybe financing the rest. Leave me some leg room for the install and tuning. Then again I might wait till I can pay it off in full and not have to worry about another bill.
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#4 (permalink) | |
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I can imagine the finance might be through F.I. but you might have to meet certain requirements to do so to help cover the company.
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#6 (permalink) | |
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It's called a "marker" granted you have to be pre approved like a SOB, but there are loans to lose your money in Vegas, lol
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#8 (permalink) |
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I'm messing brother, I actually got a hell of a laugh from your post because it's awesome to me that Vegas gives you money to lose
(Btw, I don't go often either, and god knows I don't have enough money or credit to get a marker from any casino) Back on topic: Yay for financing? I'm sure this is something Tony is still working out, and if everything works out, it's pretty legit
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#9 (permalink) |
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I think it should be a minimum of half down to finance that way they recoup the bulk of their investment immediately.
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#10 (permalink) | |
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its like spending 10k on a credit card. they dont come take all the stuff back, your just left with horrible credit. same thing here most likely. |
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#11 (permalink) |
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Your correct but if they start losing money "the creditors" or fighting to get their money from a small operation it may be an option that does not last long.
I just hope people are still smart about it, because bad things can happen with FI (forced induction). I do not think F.I has motor rebuilds to finance as well.
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I am very interested on what the APR is going to be. And who is doing the financing cause I was dumb and young at one point and damn near ruined my credit. 10 years later after 10k and a lawyer and almsot tripling my credit score to almost perfect there are some things I still can't get accepted.
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#14 (permalink) |
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Taking a loan to put a turbo kit onto a car most people r still trying to pay off that loses value very quickly and that also doesn't include many other items you will need to make it as safe as possible??
I hope people have their priorities straight! |
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Everyone, lets please not turn this into a debate on whether it is a smart decision to finance our TT kit. We are doing our best to bring this option to the table not to get people into debt, or extend them beyond their means, instead we are trying to open up the FI doorway to a lot more enthusiasts. We want to make this available to the community to help keep more money in your pocket for unforeseeable circumstances, etc, while letting you live the dream of boosting your Z!
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