How much will i have to put down to get it that way, or is there any secrets to get it @ that..?
thanks
j-rod

 

5 year loan ,,, most likely have to put down at least 10-15 g's,, depending on your interest rate. Work with your car dealer on this, they'll give you all sorts of quotes, what is it, $25 off the monthly payment for every G you put down,, something along those lines, however that varies with interest rates as well.

~Toast

btw,,, three year loan, 0% interest, and$580 a month payments here. but i'll take 0% any time any day, worht the extra monthly payment right there.

 

Yeah, figure paying for half the truck to get it at 300/mo.

Daniel

 

If you have good credit, peoplefirst.com has 5.65% interest @ 60 months. I'm just using them for an example, although I have bought 3 vehicals through them. Their calculator shows you can borrow 15,649, with payments of 300.00 for 60 months. All you've gotta do is come up with the other 14K-18K(depending on price).

 

Bite the bullet and do a 72 month note.

 

If you have some equity in a home? You can take a second mortgage w/the min payment being around $300-$325. But that would drag it out for 15yrs.

I am thinking of this method for two reasons:

1) the interest is 100% tax deductable (that's a bunch of money over 5-6 years!!)

2) I'd pay around $600-$650 a month normally, but if things got tight (out of work, other big bills, ect...) you could pay the minimum to help keep your reserves going towards keeping the lights on.

Just an alternative, WOT

 

Pay cash for the L. Then make $300/month payments to yourself for 4 or 5 years. Takes discipline, but ........

 

become a business owner and do a $35,000 cash paid out before taxes,,,, errr,,,, void it out and declare register error when the IRS comes knocking ,, lol :P

~Toast

 

Get a nice girlfriend who will pay for 1/2 a payment.

 

get two girlfriends who are really nice and make them split the payment. :P

~Toast

 

Yeah, what they said. Get a sugar momma.

I put $19,000 down on my L when I bought it new and still had $375 notes for 4 years w/ a 7.49% interest rate. THat included extended warrenty though ($1500)
Only 18 more payments and it will be mine.....all mine!

 

yea get girlfriends to split it? lol..i guess i'll just to have to pay around 500 a month. thanks for the advice.
-jarod

 

Go and buy the truck. Get the best deal you can. Send me the Payment book and $300 per month. I'll take care of the rest.


I almost forgot - Give them a false address or take a trip out of state and buy the L from a dealer really far away. This helps with avoiding the repo man.....not that you would need to avoid a repo man.


Or you could buy a Gen. 1 L.

 

Nice tip wendy, but when i buy an L i wanna keep it.
But that dosent have to stop you from being my sugar momma.
I'll only be BAD when you want me to mommy, I PROMISE

 

waggerman and galveston are only,what,three hours apart. met half way,nobody will miss ya