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Did I get screwed? (Auto financing)

Discussion in 'Money & Finance Forum' started by sdplusbeauty, Jun 28, 2007.

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  1. Jun 28, 2007 at 10:26 PM #21
    VA49er

    VA49er Full Access Member

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    I can't imagine 35% interest on ANYTHING!
     
  2. Jun 28, 2007 at 11:29 PM #22
    PantherPaul

    PantherPaul Nap Enthusiasts

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    35%!!!! Dear God, did you get a cigarette to go along with the screwing you just took
     
  3. Jun 28, 2007 at 11:38 PM #23
    wossa

    wossa Not a ********* any more

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    holy shit

    you would have been better off buying whatever car you could get for $800
     
  4. Jun 29, 2007 at 2:46 AM #24
    sdplusbeauty

    sdplusbeauty An angel over my shoulder

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    Yes and I took it back today so that they would fix whatever was going on under the car that was making the rickety noises when I was driving. He loaned me another car while they are fixing that one today. I'll be getting it back tomorrow.

    Yes, credit very bad.. so 35% is a looooot.. I mean wow. He said he would just give me my money back if the car isn't working. I don't know if I should or not right now b/c I really need the wheels.. and honestly as long as the car is running good, I don't mind the $220 a month.. plus I am planning to pay it off ASAP so that I don't have to deal with those interest rates.
     
  5. Jun 29, 2007 at 2:48 AM #25
    sdplusbeauty

    sdplusbeauty An angel over my shoulder

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    I was going to do that, but the guy who was going to sell me an '89 Volvo, didn't have the pink slip, so it would have been much more of a hassle. :(
     
  6. Jun 29, 2007 at 7:41 AM #26
    VA49er

    VA49er Full Access Member

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    Pay it off as quick as possible in order to save yourself some interest.
     
  7. Jun 29, 2007 at 8:15 AM #27
    Thelt

    Thelt Full Access Member

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    You might get a decent car for $800 from a government surplus auction. Try "govdeals.com" they auction off lots of cars and trucks.
     
  8. Jun 29, 2007 at 9:54 AM #28
    meatpile

    meatpile 7-9

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    Dude - you're a mark. This one's on you.
     
  9. Jun 29, 2007 at 10:37 AM #29
    Thelt

    Thelt Full Access Member

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    I guess it beats walking. I once paid 13% interest on a car loan and felt like I was getting screwed. All I can say is pay that thing off as quickly as you can.
     
  10. Jun 29, 2007 at 4:57 PM #30
    sdplusbeauty

    sdplusbeauty An angel over my shoulder

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    That's whats going to happen. :scooter:

    By the way, I bought a bike recently too, so I still plan to ride that most of the time too, unless I go someplace really far or late at night, like my plays, etc.
     
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