origin of money for your car?
10-25-2004, 08:06 PM
#1
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Car Info: 2001 Sedona Red OBS / 2016 FXT Touring
origin of money for your car?
hey guys i was just wondering how you guys attach your problems for digging up money for your baby...the car. i was planning to get an engine swap at LIC and am just straight saving money? are you guys finding money other ways that might be faster? like borrow money from your folks, pulling a loan or just putting it on a card with the lowest apr? or you guys just saving too? thanks
-RAD
-RAD
10-25-2004, 08:25 PM
#6
I bought a wrecked '88 Subaru RX, parted it out and made a pretty decent profit off of it. That paid my down payment. Then I sold my other '88 RX, and that covered a few months of car payments. The whole time I was working 2 jobs, which didn't hurt either, but now I'm in school and owe my parents for the last 2 months of car payments. I just go back to work at my old job when I go home over breaks, and pay them back. It's a PITA.
10-25-2004, 08:26 PM
#7
work and investment... my company has a stock purchase program where I can put up to 10% of my salary for the six months. at the end of the six month, they look at the stock value at the begining of the six months and at the end of the six months. Then take the lowest of the two, and I can buy stocks with the money I put in during the past six months at 85% of the lowest price. So I have a minimum 15% gain on this investment.
I am also working my *** off to hope for a nice pay raise or promotion next year... It's a long and PAINFUL process. But I don't want to borrow money from people I know or lending institutes. That's why I still don't have a subie yet
Well, I used to, not anymore...
My advise is, save and/or invest, don't borrow... You want to enjoy what you have and not having to worry about paying back. Sucks to say, but cars depreciate, so you loose out in a long run. Good luck!
I am also working my *** off to hope for a nice pay raise or promotion next year... It's a long and PAINFUL process. But I don't want to borrow money from people I know or lending institutes. That's why I still don't have a subie yet
Well, I used to, not anymore... My advise is, save and/or invest, don't borrow... You want to enjoy what you have and not having to worry about paying back. Sucks to say, but cars depreciate, so you loose out in a long run. Good luck!
10-25-2004, 08:28 PM
#8
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tahaha...pimping ho's. man i havent been in the game in a while since being a full time design student. you think if i max out a 0% apr card for nine months and transfering to another 0% apr card for another couple of months will work? does that balance transfer stuff ever work with out loosing a lot of money? anymore ideas?
10-25-2004, 08:31 PM
#9
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Originally Posted by Rad One
tahaha...pimping ho's. man i havent been in the game in a while since being a full time design student. you think if i max out a 0% apr card for nine months and transfering to another 0% apr card for another couple of months will work? does that balance transfer stuff ever work with out loosing a lot of money? anymore ideas?
yes it does, my sister has lived in NY off transfered 0% balance cards for the last couple years, you just have to stay on top of it, miss a payment and your stuck with that card
10-25-2004, 08:33 PM
#10
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Originally Posted by iBlueVirus
My advise is, save and/or invest, don't borrow...
-head hanging-i guess i'm just really anxious. thats really good insight. thanks virus. hmmm....
10-25-2004, 11:01 PM
#13
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Originally Posted by Rad One
so does anyone else have any other suggestions?
does anyone else swap engines for money?
does anyone else swap engines for money?
also they will charge you ALOT less than a regular garage that will just charge you book rate!
10-25-2004, 11:43 PM
#14
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yeah i'm just gonna save up and get LIC'd. seriously OCT1285, uncle sam doesnt give THAT much money back to you, at least not enough for you to spoil your car..
so everyone just saves their money in their piggy bank huh?? thats a kinda whack cause the car is almost paid off, the 100,000 mile warranty is just about up, so im runny out of excuses not to upgrade except for the lack of funds...
does anyone else have anymore good ideas pluuulease...
or should i just get a head start at this lemonade stand?
so everyone just saves their money in their piggy bank huh?? thats a kinda whack cause the car is almost paid off, the 100,000 mile warranty is just about up, so im runny out of excuses not to upgrade except for the lack of funds...
does anyone else have anymore good ideas pluuulease...
or should i just get a head start at this lemonade stand?
Last edited by Rad One; 10-25-2004 at 11:49 PM.
10-25-2004, 11:58 PM
#15
Originally Posted by Rad One
yeah i'm just gonna save up and get LIC'd. seriously OCT1285, uncle sam doesnt give THAT much money back to you, at least not enough for you to spoil your car..
so everyone just saves their money in their piggy bank huh?? thats a kinda whack cause the car is almost paid off, the 100,000 mile warranty is just about up, so im runny out of excuses not to upgrade except for the lack of funds...
does anyone else have anymore good ideas pluuulease...
or should i just get a head start at this lemonade stand?
so everyone just saves their money in their piggy bank huh?? thats a kinda whack cause the car is almost paid off, the 100,000 mile warranty is just about up, so im runny out of excuses not to upgrade except for the lack of funds...
does anyone else have anymore good ideas pluuulease...
or should i just get a head start at this lemonade stand?
sounds great...we look forward to you joining our conversion family.....feel free to stop by the shop Thursday nights for our LIC meet...(@ SEMA next week so there will be no meet Nov 4).... thanks Noah