My 350z got totaled =(

ssmoked · 11-27-2014, 03:18 PM

If I were in your financial situation, I would just get a beater and sell it when I have at least 10k for reserves. You can prob sell the beater more than you paid for it, doubt you can do that with the 370. I also don't think getting a motorcycle is a good idea if you ever want settlement from pain and suffering. Insurance company with try to screw you over in all possible ways.

At the end of the day, a car is a depreciating asset, don't go in deep debt for something that keeps on losing money.

Regarding the interest rate, a salesman will tell you anything for your signature. In a year your APR prob drop by half a percent, then what are you going to do? And don't forget any refinance fees.

The best way to build credit is getting store credit cards and use it once a month and pay it off right away.

Just my .02 from my finance background

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11-27-2014, 03:18 PM	#11 (permalink)
ssmoked Enthusiast Member Join Date: Jun 2011 Location: California Posts: 487 Drives: Charger Hellcat Rep Power: 16	If I were in your financial situation, I would just get a beater and sell it when I have at least 10k for reserves. You can prob sell the beater more than you paid for it, doubt you can do that with the 370. I also don't think getting a motorcycle is a good idea if you ever want settlement from pain and suffering. Insurance company with try to screw you over in all possible ways. At the end of the day, a car is a depreciating asset, don't go in deep debt for something that keeps on losing money. Regarding the interest rate, a salesman will tell you anything for your signature. In a year your APR prob drop by half a percent, then what are you going to do? And don't forget any refinance fees. The best way to build credit is getting store credit cards and use it once a month and pay it off right away. Just my .02 from my finance background