Paying for your 240

[logik23]

I was wondering how did people buy there cars, I mean did you save up and pay cash or did you take a loan out? The thing is, If I save up my money, it'll take like 4-5 years before I can afford an S14 since I went back to school, so I was thinking I could take a loan out at the end of the winter, I dunno how much I can take out, I'm ganna go ask the bank, but then I can have the car I want now and pay for it over time, I won'T have any cash for upgrades, but at least I'll have the car and that'S what's important. Maybe I can take aloan out for enough for the car, nice wheels/tires, lower the suspension and the rest I'll get over time, but anyways, so how did you buy yours?

[lazyfcker]

i just bought my 1991 240sx last tuesday!! yay i finally own a 240 but i paid cash being that the car only cost me $800, seeing that i paid cash for it, i will be having to spend extra money on it because im declaring this car a "project car" needs the auto to manual swap, rebuild or sr swap, and needs new suspension.

[turbo2nr]

lookiing for a s14 now, got about4k saved up and luckly my parents is gona help me with about 2500, so my buget is 6500, not that bad... no luck so far, just some autos with hi-milage, if i can get my probe sold for $1000 i can put more $ towards the 240sx..

1

[TatII]

i hate to say it, but i'm very lucky to have my parents buy me the car becasue i needed it to go back and forth to school in college.

[xcusememisswyn]

my parents gave me a loan, and i have to pay it off to them with weekly payments, i owe them like two grand, with the car and a few repairs for it... in a way its good b/c i got a better car, but it sucks that my parents have that much money over my head to make sure im good... if i do somethin bad they have everyright to take away my car (im only 17) and that part really sux

[D-Bo]

logik, if you're in school then some banks will give you a student line of credit. what that is is basically a loan with a very low interest rate, and all you have to pay back per month is the interest, but you can obviously pay more than that.. my interest is 4.75% right now and thats a hell of a lot easier than paying off a loan cause you'll owe like $200 minimum per month.. which isn't easy with a part time job.. go to your bank and ask about it.. or just tell them you need $4000 and ask which way is the easiest for a student with a p/t job.. one thing you'll need is a co-signer, but convince your parents that its not a huge risk for you to take.. all you have to do is have everything payed off by the time you're out of school (for me, i have atleast 2 1/2 years to pay off $8000 which isn't bad at all.. especially since i'm working all the time.. the other thing you have to consider is insurance.. i just found out that i was being ripped off by my company.. i got a new quote, which was $240/mo (coincidence? i think not..) down from $325/mo.. yours may be lower but you never know.. make sure you can pay for insurance and gas.. cause they're gonna kick you in the ass if you can't pay it.. either save up for monthly payments or pay semi-annually.. anyhoo, let me know if you have anymore questions..

[sidewayzdrivin]

well i took out a loan. under my own name i wasnt lucky my oarents didnt do a damn thing to help me but thats ok i bought my first vehicle when i was 14 it was a baby blue dropped mini-truck that was totaled so i rebuilt it till i turned 16 and could drive. but i soon got bored with it it was clean but slow so i took out a loan agianst my truck and bought a 93 240sx. then a month before the loan was payed off some one broke in to it and stole my system and rims. then i totaled it (one of the old tires i had to put back on was dry rotted and i had a blow out at 75 miles an hour) so i bought another 240 and then anouther one for my project car.

[FatAlbert85]

Shit, my parents didn't help me out either. I'm lucky I have an older brother that looks out for me, so he co-signed on a loan for me. 6.25% interest over four years isn't too shabby for a 19 year old, my car payment is only $124 per month............... oh wait, did I forget to mention that my insurance is $246 a month?!?! Oh well.

[monooxide]

have your parents cosign and get the loan where you pay it off at what you can afford...like mine started at ike 83 dollars a month then i raised it because i make more then that extra from insurance and gas...and misc..like Food, and "Car Fund"... Almost there on the Exhaust for my car then after thats its save for the Auto-Manual...bleh

[logik23]

I was thinking more like 10 grand, lol, anyways, my mom will sign, she's the one who tol dme to get a loan and stop whinning. I have like 2 years of CEGEP left before I go to univeristy, if I go, but do I need it all payed off before I finish CEGEP or does it continue on to uni? What if I take 6 months off between the 2?

[Chuki_breath]

well my parents ownd my auto hatch and gave me it. THen i bought my coupe with cash. I always pay cash, especially for something so cheap. I mean if i was going to buy a brand new car or a house then i think a loan is called for. Just work your ass off, thats what i do. Got 2 jobs and go to night school

[rps13freak]

well its been a while since ive posted...

my parents have 3000 dollars in the bank for me that there going to give to me when i open my own bank account. next weekend hopefully. i finally got a decent job. i make about 800 a month. im considering getting a croch rocket because i cant find a decent 240 down here in miami. mabey when we move up to orlando ill find something decent. right now im driving my dads 01 cutlass.

[RedFC3S]

im only 18, and still in highschool, but i work at least 40 hours a week while in school, just to pay for my car and all my mods, i have owned 9 different cars, and have paid for everyone of them. Right now I have a turbo II S5 with about 15k invested, and i just bought a clean black convertable last week for 3,500. I spend way too much on my cars.

PS-ChargeSpeed seat just came in last night!!!

[logik23]

The thing is, I have to focus on school, I can't go to night school, I can't work for more then like 8-10 hours a week until this summer, so I really can't save up for the car, that's why I wanna take out a loan, during the summer and winter breaks I can work my ass off, but not when I'm at school. Especially with the waymy classes are, I have one in the morning and one from like 2-4 so I have this 3 hour break in the middle of each day, rly sucks. I'll try to organize my schedule better next semester, but since this is my first, I got last pick.

[zacremacle]

I have it really easy my dad owns a car lot so I can just have my car registered under the lot and insurance is under the lot so all I have to pay for is gas. alsow it is nice being able to get cars at wholsale price.