Went to a chevy dealership today...

Trips

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kannibul

And yet...the night prior I decided while that I could afford 5yr terms, I can sleep better knowing that I can live with the terms that were agreed on...

There's the thought "I can always pay more" (and save myself on interest) - first priority after this is to get her Civic paid off, then roll that payment into my truck, then roll those payments into the Vette. I have no credit cards, I got rid of 21,000 of credit card debt in a year...WITH the Z payment being what it was. The loan is 4.75%/84 mo. It would have been 4.75%/72mo, or 0%/5yr, and I would have been stretching our budget more than I'd have liked (ie, dropping what we're tossing into savings by half)

Honestly, the best (financial) thing would have been for me to sell the Z outright and just walk away and take out a personal loan to finance what I'm under.

But since I posted a for sale thread here, everyone wanted to buy the parts off it, and not go off KBB...I asked $35K, and someone sh|t all over my thread saying "good luck with that"...KBB has it listed for 34...and I've got 2.5K in aftermarket stuff. And, who says I wouldn't take payoff...which I would have...

Anyhow...

Zsteve

But not everyone can look at it in the long run compared to month to month. I would rather have a nice house and nice car with low monthly payments and pay longer than get a house and car that I can really afford to save in the long run. Its all a matter of wants and needs. If you use credit you lose point blank. All you can say is that you are not losing as much as a person that got the same for a longer time but you both are losing money so either way if you dont pay cash its a mut point.

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2010 LS3 C6 Silver coupe corvette

kannibul

Even then, who of us here *need* to drive anything more than a car/truck that costs $20K...

Zsteve

ME

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2010 LS3 C6 Silver coupe corvette

Pushing_Tin

True, 99% of the of us here would get by just fine driving a 2000 Ford Taurus that cost $3500. But what fun would that be? I'm not going to bust your balls, congrats on the car and I hope you really enjoy it.

Zsteve

Yep, Im on his side, play now, have fun, (cuz when you get old you might not be able to) get the lower payments so you can drive a higher end car. Like I said, all said and done we all lose money when financing, hell even if you pay cash you lose money, so enjoy. I might be there with you in a yr or two.

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2010 LS3 C6 Silver coupe corvette