Interest rates. How do they work?
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01-18-2011, 11:38 AM
#22
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Well here in Canada S2000's are expensive as hell, new they were pushing 52,000.
Silverstone, 130,000kms(80,000 miles) with megan racing coilovers, oem front lip, AEM V2 intake and Apexi single exhaust.
There's an 01 Spa that has a rebuilt title due to theft for 13,000 and a 2002 Suzuka with 75,000kms that's had 2000 dollars in damage for 14,500. This Silverstone is the only reasonable S2k I've seen.
Also, like I said I have a cosigner. The bank didn't even look at our credit scores or anything, that's just their rate aparently.
Silverstone, 130,000kms(80,000 miles) with megan racing coilovers, oem front lip, AEM V2 intake and Apexi single exhaust.
There's an 01 Spa that has a rebuilt title due to theft for 13,000 and a 2002 Suzuka with 75,000kms that's had 2000 dollars in damage for 14,500. This Silverstone is the only reasonable S2k I've seen.
Also, like I said I have a cosigner. The bank didn't even look at our credit scores or anything, that's just their rate aparently.
01-18-2011, 11:41 AM
#23
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he is from canada, prices are still a bit higher compared the the us,
that being said, why don't you actually save up more for a down payment first,
if you have more of a down payment, the banks will go easier on you since you are putting money down and not just borrowing the whole amount
or just go buy a cheaper car
that being said, why don't you actually save up more for a down payment first,
if you have more of a down payment, the banks will go easier on you since you are putting money down and not just borrowing the whole amount
or just go buy a cheaper car
01-18-2011, 11:44 AM
#24
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Retail Sales Tax
You must pay sales tax when you buy a used vehicle privately. The amount of tax is on either the purchase price or the vehicle's wholesale value, whichever is more.
That's off the MTO's website. Tax is such bullshit.
You must pay sales tax when you buy a used vehicle privately. The amount of tax is on either the purchase price or the vehicle's wholesale value, whichever is more.
That's off the MTO's website. Tax is such bullshit.
01-18-2011, 12:31 PM
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Originally Posted by Ryan2949,Jan 18 2011, 12:25 PM
Here in Ontario we have a 13% sales tax, even on private car sales we have to pay that 13% tax.
The main reason why it's 12.5 is the fact that it's 10 years old. It would be 7% if the car were newer, according to her. The fact that it's a private sale also brings it up.
I'm going to try a few other banks to see what they will offer, I do have around 2,000 saved up that I could use for a down payment, but I think I'd rather have that incase something happens.
The main reason why it's 12.5 is the fact that it's 10 years old. It would be 7% if the car were newer, according to her. The fact that it's a private sale also brings it up.
I'm going to try a few other banks to see what they will offer, I do have around 2,000 saved up that I could use for a down payment, but I think I'd rather have that incase something happens.
Ever thought about a used Miata...
01-18-2011, 01:04 PM
#29
[QUOTE=mxt_77,Jan 18 2011, 02:01 PM] It's a 10 year old car.
01-18-2011, 01:10 PM
#30
Originally Posted by rockville,Jan 18 2011, 03:31 PM
Ever thought about a used Miata...
So good advice that comes from life experience (being in debt on a dumb purchase) is wasted here.