Advice on financing first S2000 please..
#11
#14
Originally Posted by WVCR-V' timestamp='1437508567' post='23688158
Thanks for all of the great responses. For those of you who went through your credit union, how long did you finance the car for?
#15
Registered User
Another +1 for a credit union.
All payments must be on time (not just for car payments but for all of your credit accounts) or else you'll end up with even worse credit.
All payments must be on time (not just for car payments but for all of your credit accounts) or else you'll end up with even worse credit.
#16
Originally Posted by NNY S2k
Have a payment you are comfortable with. Like above you can always make a larger payment, missed payments are frowned upon.
#17
You traded in a vehicle worth 10k on your S2000 as well. I doubt OP has that much to put down on a car. If he did, he's better off putting the reminder on credit card (roughly 5k) or getting a personal loan from Mom/Dad for the balance.
#18
When I bought my car my credit was probably similar to yours, I got a 2002 with 50k miles for 16k + 2k warranty. Negotiated for 9 hours before I got the deal I wanted.
My payments are 375/mo but my credit has improved so much it's likely I could get a better plan now.
My payments are 375/mo but my credit has improved so much it's likely I could get a better plan now.
#20
if you have a navy federal nearby go to them
I've used them for all 3 of my loans and had a decently low interest rate to match.
For my first car when five other places wouldn't give me a loan navy fed simply asks me "how much would you like" and I was confused for a moment trying to figure out how much I could get away with, but only got what was needed lol
you can even apply and get approved online, as I did with my last loan.
I've used them for all 3 of my loans and had a decently low interest rate to match.
For my first car when five other places wouldn't give me a loan navy fed simply asks me "how much would you like" and I was confused for a moment trying to figure out how much I could get away with, but only got what was needed lol
you can even apply and get approved online, as I did with my last loan.