Same here with the 0% and 0 down on a new model, which bumps me up into that highest bracket.

I wish I could have gotten 0%. :(

$390 @ 4.9% apr

Down $5,500. Could have down $10K if I didn't buy my WRX as well.

Same here, brand new nismo 13. My credit is also crappy, but im a happy man :)

2012 car bought in 2013 with 1600 miles
30K out the door (tax, title, registration, gap insurance)
marginal credit
$1700 trade in, $0 down.
$575 for 60 months

next goal: Pay off in half the time.

I purchased my 40th Anniversary (RIP) in April 2010 and paid by a personal check in full.

When I bought my replacement 2013, I was going to do the same, but my sales guy (an excellent human being) said that I could get zero percent financing from Nissan. So, I put about half down and invested the rest in some goofy stocks that are doing pretty well so far. I will pay off the balance by summer anyway.

I tried to buy a new car with cash one time -- actual cash, in twenties.

They had a fit when I pulled out all the bills. It was the same reaction I would expect if I had pulled out a rattlesnake or something. They had no idea what to do with it and it took 4 different people to work on the problem.

should this poll be separated into leases and loans? :confused:

:iagree:

baller :happydance:

In 2011 09 Sport for 27K, 5K down no credit (First time buyer) no cosigner, was at 615 monthly @ 17.49% :icon14:, refinanced earlier this year, now at $450 @ 2.79% since I built up my credit. 42 months left! Now time to get 09 Infiniti FX45.

Why would somebody (you) do that? I assume you weren't trying to be a ****.

It was my first new car and I thought that was how one did it.

It makes sense to me*. Good for all debts public and private. They should simply ask you to fill out an 8300 form and accepted it. Since I hate filling those things out, I write a check and leave.

One time, on a Saturday/Sunday, I told them I don't have enough money in my account so I'll need a couple hours on Monday to make it good, and they were fine with that. Personally I'd of prefered cash over a possible problem check, as they did not know me.

*That is alot of 20's alright. 100's count faster.

Hey paying cash is doing it with style:tiphat:

There was a time not too long ago when people didn't buy something they didn't have cash on hand to pay for and debt was something to be avoided - not the norm.

Another paying in cash story -

My mother worked at a rural Chevy dealership and a guy drove in with a truck load full of pennies in Jars to get a new ride.

I am pretty sure they sold him the car he wanted but he had to go visit a bank first to verify how much money he was actually carting around with him.

I have a rule about paying cash for toys. So I paid cash for the Z. I didn't pull out bills mind you! LOL but cash! :)

actually, the dealer offered me a better deal if I took their financing. So I took it and just paid it off when I got the bill.

Hey Meulen. Curious what the dealer's incentive was.

I would have expected them to be overjoyed at being paid in full and getting something closer to their desired amount (which they lowered when you financed.)

Bottom line though - Glad you are happy you got the car you wanted at an agreeable price. That just seems like a weird car purchase shell game to me.

Dealers can make kickbacks if you finance, so many times it is in their best interest to have you do that over paying cash. Additionally, a lot of dealers buy from the manufacture on credit so if they can move a car in X number of days plus make a kickback for you financing it they sold a car without having to really buy it plus made profit & kickback.

They offered me a lower price for the car if I
1. bought their ext warranty and...
2. got the car dealer certified for the warranty
3. Financed a portion of it

I guess it was really a wash for me, except I got a warranty out of it that I wasn't expecting to purchase. I think they probably got an incentive to finance/cert./warranty from the bank/mfg. and were able to give me the warranty for my trouble.

Had I just paid cash and walked out the door I would have paid a higher price and not had the ext warranty.

That makes sense.

I was pretty happy with what I paid until I realized that Nissan dropped the price two weeks after I bought mine. oh well.

Can't look at it that way. Crap like that is out of your control. Just enjoy your good fortune and the fact you were able to buy one! :)

Just realized you are in Chicago. :ugh2: I work in the Loop.

300-350 here

Indeed. Overall I know on some level you always get a little screwed making a big purchase.

Ha! I am sitting in the West loop as well a block or two away from the Ogilvie Transportation Center (Metra station.)

Sadly my Z never sees downtown Chicago - It doesn't like the traffic and road rage. ha ha.

My Z is long paidoff but when I financed it as a CPO my payment was $470 and I didn't put alot down since I like to invest my money and would rather have the cash in my pocket.

I only put $3,000 down and invested $5,000 into Apple stock back in 2006

$5,000 = roughly 50 shares at roughly $100 a share and at Apples current stock price that = $21,000 profit (before taxes) which nearly paid for my Z :usa:

paid off! i'd say it's about time to swap cars and get in debt for something else!

I paid a 23k down payment for a car in hundreds. It took a while, but they didn't mind

shoulda used ones
trololol :icon17:

I had to call the bank ahead of time to tell them I wanted that much cash... Cocksuckers asked if I wanted a Casher's Check instead... For $10, I told them that I hate Bank of America, and hope they go bankrupt and said while Chase is SUPPOSED to charge me for one too, they never have. And I told them to keep counting. I carry a gun in TX, I'm not afraid. Lol

If mark1010 paid for it.

Its free in leases :tup:

Won't change for me. $409 now, $436 later with nothing down.

I did not but I'll gamble.:tup: or should it be :ugh2:

:ugh2:

I came with a cashier's check and the idiots wouldn't release the car until they called "upstairs" to see if they had to wait until the check "cleared" first. Just not used to people paying that way.

What many people don't realize about a cashiers check is they are like any other and can be cancelled and can be forged. When I sell a vehicle privately I take cash or we meet at the bank.


Sent from my iPad using Tapatalk HD

Nah, I was just kidding around. Although I did vote the 600+ just to skew the results :roflpuke2:

I'm actually paying $467 a month for 60 months 0% APR. :icon17:

Financed 38,142, 0 down, 1.9% for 75 Months
Payment - 540.18

PenFed is a credit union out of PA. I believe they service the entire US, though. You have to 'join the credit union', which basically means you fill out a form and deposit $5.

At the time I bought my car I got 1.74% APR for 60 Months. I just got an e-mail that they are offering .99% APR. They finance 100%.

https://www.penfed.org/PenFed-Car-Bu...387&adcode=401


Best,

Mike

Penfed seems recommended by a lot of people. I don't have any loans with them but used them to bargain against the dealer when I bought my Z. They ended up beating the Penfed 1.74% rate so it was a win!

FYI, the Penfed .99% is only when buying through Enterprise. The current new/used car rate is 1.99%

I once sold a car on eBay and had a fake cashier's check sent. You can call the issuing bank and they can identify whether its a legitimate check or not. I don't think that a cashiers check works like a regular check in that you can't just issue a stop payment.

I used AutoNationDirect: AutoNation Direct - Car Buying Program

You fill out a form, they send someone to your house to inspect the car and cut you a check. I got about 95% of blue book value.

Best,

Mike

Interesting.. I saw that you had to use their car buying service. I guess its an agreement they have to filter cars out of service from Enterprise?

Best,

Mike