Age of 370Z owners?

ImportConvert

If I had $70K laying around, believe me, I would have paid cash instead. Sadly, at age 25, that wasn't something I had to spend much time pondering, lol!

Pelican170

lol understandable. I was saving for years and years for another sports car. Havent had one since my 97 GST Eclipse that i got rid of in 03. So Ive been saving and saving not really knowing when or what I wanted to buy. Then i stumbled across the 370z's and new i had to have one hahaha.

In the long run of things, its either car payments or house payments or some sort of payments your going to incur. lol

ImportConvert

I understand, but you paid an average of roughly 3% "interest" on the money you were saving, while someone else paid 3.25% interest on a car they actually had. Inflation's a bitch. Finance!
Annual Inflation Chart

Pelican170

Thats an interesting way to look at it, but no, i didnt lost anything. I have investments... and besides, I havent heard of anyone getting a 3% interest rate on their loan. Usually a bit higher for these cars from what I have seen... Who knows, maybe its different elsewhere...

houkouonchi

I went with my bank (Bank of america) for the loan:

Bank of America | Please Select Your State

I think those rates are a bit better than they used to be when I bought my 370z in early july. I think the 72 month new car loan was 3.75%. I ended up getting another .5% off the APR due to the loan being over 30k so it dropped it down to 3.25% (just over 3%) so its definitely possible. Going 60 month would have been a bit closer to 3% and maybe saved me $500 or $800 or something? I forget over the life of the loan but it was worth that extra $500 to get another year to pay it off to me.

ImportConvert

Meh. Can you really put a price on a couple of years without something you want enough to spend thousands of dollars on?