How much did you put down on your Z

FromG2Z · 03-21-2011, 01:35 PM

Quote:

Originally Posted by kenchan

just know your boundaries and know your money. that's all that matters.

The above sums it up right there. Some people think car-buying is a waste of money. Then they turn around and spend 10k on a trip to Hawaii... so to each his own.

I personally don't believe in taking out loans unless it's

1) for a house (mortgage)

2) 0% financing. This way, I pay the minimum then invest the rest in stocks or Roth or other interest-gaining alternatives.

onzedge · 03-21-2011, 11:51 AM

Quote:

Originally Posted by Jjaden

Paid in full.

Everyone is different and I respect all approaches but my feeling has always been if I can't buy it outright I probably shouldn't buy it.

Again this is something I apply to myself, and not preach to others...

This is very true. For me, I hate paying interest that I don't need to pay if I can help it.

Red__Zed · 03-21-2011, 11:53 AM

Quote:

Originally Posted by onzedge

This is very true. For me, I hate paying interest that I don't need to pay if I can help it.

+1. Although, some of the deals they will offer you are worth taking. I took out a loan on the Subaru because I'm pretty sure I can beat the 1.9% interested rate they gave me, and a lot of companies are offering 0% interest.

sheps58 · 03-21-2011, 01:39 PM

I put 5000.00 down on base 6 speed in Oct.However I Paid off 9000.00 since Oct.

NCSUPACK09 · 03-21-2011, 05:28 PM

Put 14k down

A.J@CarbonSignal · 03-23-2011, 09:36 AM

Quote:

Originally Posted by onzedge

This is very true. For me, I hate paying interest that I don't need to pay if I can help it.

Very well said!

kenchan · 03-21-2011, 11:46 AM

yep, nothing wrong with having a loan if you can pay it. it's a good way to build credit.

ImportConvert · 03-22-2011, 02:28 AM

Quote:

Originally Posted by kenchan

yep, nothing wrong with having a loan if you can pay it. it's a good way to build credit.

+1, I can't afford $300K for a house/land up front, and a car was the best way to build the kind of credit to tackle large-ticket items. I'm just getting started in life, financially.

I put down 10% of the amount financed on my car.

2011 Nismo#91 · 03-21-2011, 11:51 AM

Only financed 8k of it.

Jeffblue · 03-21-2011, 11:56 AM

30k down

Financed 10.5k

TheGreatOne · 03-21-2011, 12:50 PM

I put down 6K

I would have liked to put down more to make my payments less but oh wells. I sold my winter beater for the down payment.

Buying a car cash would be nice one of these days lol.

bflosabre91 · 03-21-2011, 12:55 PM

21k for me. financed 13k.

bleufiend · 03-21-2011, 06:09 PM

4000 down.

elmz · 03-23-2011, 09:21 AM

My 2005 350Z was my down, I think it was 13k.

Dreezy562 · 03-21-2011, 06:46 PM

put down ten, still owe 30

03-21-2011, 05:28 PM	#5 (permalink)
NCSUPACK09 Enthusiast Member Join Date: Jan 2010 Location: Somewhere Posts: 407 Drives: '10 370Z MB 6MT SP Rep Power: 15	Put 14k down __________________ 2010 Base 370z Magnetic Black 6MT SP Mods: Bone Stock

03-21-2011, 12:50 PM	#11 (permalink)
TheGreatOne A True Z Fanatic Join Date: Jan 2011 Location: Montreal, Canada Age: 46 Posts: 1,980 Drives: E60 BMW M5 Rep Power: 21	I put down 6K I would have liked to put down more to make my payments less but oh wells. I sold my winter beater for the down payment. Buying a car cash would be nice one of these days lol. __________________ 2017 SUBARU STI 2008 E60 M5 - SOLD 2010 40th Anniversary 370Z - SOLD (and missing her)

03-21-2011, 06:09 PM	#13 (permalink)
bleufiend Base Member Join Date: Jan 2011 Location: Miami, FL Posts: 200 Drives: 370z MB Spt/Tour 6sp Rep Power: 14	4000 down. __________________ Z34 owner formerly Z33. OZOC FTW.

03-21-2011, 01:39 PM	#4 (permalink)
sheps58 Base Member Join Date: Sep 2010 Location: Connecticut Posts: 102 Drives: 2010 370Z 6MT & 2004 Rep Power: 14	I put 5000.00 down on base 6 speed in Oct.However I Paid off 9000.00 since Oct.

03-21-2011, 11:46 AM	#7 (permalink)
kenchan A True Z Fanatic Join Date: Aug 2009 Location: N/A Posts: 76,801 Drives: N/A Rep Power: 141520	yep, nothing wrong with having a loan if you can pay it. it's a good way to build credit.

03-21-2011, 11:51 AM	#9 (permalink)
2011 Nismo#91 A True Z Fanatic Join Date: Mar 2011 Location: NJ Posts: 2,381 Drives: slowly Rep Power: 33858	Only financed 8k of it.

03-21-2011, 11:56 AM	#10 (permalink)
Jeffblue A True Z Fanatic Join Date: Dec 2009 Location: NY Age: 36 Posts: 9,192 Drives: Z32TT & 335xi Coupe Rep Power: 37	30k down Financed 10.5k

03-21-2011, 12:55 PM	#12 (permalink)
bflosabre91 Base Member Join Date: Mar 2011 Location: na Posts: 114 Drives: car Rep Power: 14	21k for me. financed 13k.

03-23-2011, 09:21 AM	#14 (permalink)
elmz Track Member Join Date: Feb 2009 Location: San Diego, CA Posts: 674 Drives: 2014 Porsche Boxster Rep Power: 17	My 2005 350Z was my down, I think it was 13k.

03-21-2011, 06:46 PM	#15 (permalink)
Dreezy562 Enthusiast Member Join Date: Oct 2010 Location: Long beach, ca Posts: 419 Drives: 40th Rep Power: 14	put down ten, still owe 30