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What are your monthly payments?

Originally Posted by Meulen 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!

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View Poll Results: How much are your monthly payments
$0 -- I own it! 57 22.18%
$200 to $249 3 1.17%
$250 to $299 6 2.33%
$300 to $349 18 7.00%
$350 to $399 19 7.39%
$400 to $449 34 13.23%
$450 to $499 33 12.84%
$500 to $549 27 10.51%
$550 to $599 17 6.61%
$600+ 43 16.73%
Voters: 257. You may not vote on this poll

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Old 11-16-2013, 01:15 PM   #121 (permalink)
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Originally Posted by Meulen View Post
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.
I agree with you in principle.. but with the interest rates today you could lock in at 1.9% on the note and put the cash into a safe investment and yield a 5% return!

Best,

Mike
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Old 11-16-2013, 01:20 PM   #122 (permalink)
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Originally Posted by Mishimoto View Post
I agree with you in principle.. but with the interest rates today you could lock in at 1.9% on the note and put the cash into a safe investment and yield a 5% return!

Best,

Mike
x2. I have no problems financing a car at low rates, while making my money work for me. I do this on all my cars.
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Old 11-16-2013, 04:54 PM   #123 (permalink)
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Originally Posted by DEpointfive0 View Post
I paid a 23k down payment for a car in hundreds. It took a while, but they didn't mind
that's almost exactly how and the amt. i paid for my new '11 cr-z ($26k)...
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Old 11-16-2013, 06:46 PM   #124 (permalink)
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Used my Visa to buy mine!
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Old 11-16-2013, 07:22 PM   #125 (permalink)
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Used my Visa to buy mine!
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Old 11-17-2013, 06:44 PM   #126 (permalink)
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Originally Posted by 122554 View Post
Used my Visa to buy mine!
Not that I doubt you but my friend tried to buy his 13 Elantra and was told no. Did you have to speak to Visa beforehand or anything?
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Old 11-17-2013, 07:58 PM   #127 (permalink)
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Not that I doubt you but my friend tried to buy his 13 Elantra and was told no. Did you have to speak to Visa beforehand or anything?
My old job would charge 3% on anything over $2000 since all credit card charges come with a 3% fee to the dealer. Any points you'd get would be pointless if paying $750-1350 extra on a car.
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Old 11-18-2013, 12:08 AM   #128 (permalink)
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Old 11-18-2013, 01:38 PM   #129 (permalink)
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My old job would charge 3% on anything over $2000 since all credit card charges come with a 3% fee to the dealer. Any points you'd get would be pointless if paying $750-1350 extra on a car.
Don't all credit cards charge a fee? Or did I miss something along the way?
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Old 11-18-2013, 03:50 PM   #130 (permalink)
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Don't all credit cards charge a fee? Or did I miss something along the way?
Yes, but it's dependent on the business if they pass it along. I charged $10,000 last year for a payment on the venue for my wedding because I wanted the reward points. No charges.
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Old 11-18-2013, 04:20 PM   #131 (permalink)
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Don't all credit cards charge a fee? Or did I miss something along the way?
Yes they do, but many places that do not typically accept CC or see little to no CC transactions will usually remove the cost and then charge the customer per transaction.
My university does this, tuition is X price but if you pay by CC they add an additional 3% to cover any CC fees.
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Old 11-18-2013, 04:24 PM   #132 (permalink)
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i usually charge as much as i can on my credit card so that i get the credit card points.

some dealers have a limit, some do not. most have been $6K over the years. then i just write out a check for the rest.
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Old 11-18-2013, 04:27 PM   #133 (permalink)
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Don't know if they charged or not, nothing ever said to me. When I sat down to make the dealer I was asked how I would be paying. Handed them the card, they ran it, bank called me, DEAL DONE! Charge came through at the agreed price.
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Old 11-18-2013, 10:32 PM   #134 (permalink)
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Old 11-18-2013, 10:37 PM   #135 (permalink)
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Originally Posted by Ghostvette View Post
Don't all credit cards charge a fee? Or did I miss something along the way?
No they do to the store/dealer, but my dealer would charge the customer if the amount went over $2000. They can't be expected to not charge you and swallow a several hundred dollar bill specially if they sold a car at invoice or something.
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