Auto Loan
07-01-2004, 09:46 AM
#1
Senior Member
Thread Starter
Join Date: Nov 2003
Location: San Antonio Tx
Posts: 516
ahhh maybe one of you knows something i dont... ok im trying to get an auto loan for 15000 but im getting denied everywhere even when i try with a co signer with good credit.. i have absolutley NO credit and i neeeeeeeeeed this loan or im gonna die and have to buy an evo because no private seller will take payments on an fd
07-01-2004, 09:50 AM
#2
Super Moderator
Join Date: Sep 2002
Location: Tallahassee, FL
Posts: 5,425
Hit up a relative, ask to work out a payment plan with interest and have them hold the title, just like a bank (but you still won't have credit). Or just wait and build good credit with a gas card (low risk) or credit card, in the mean time saving money.
07-01-2004, 12:18 PM
#9
Senior Member
Join Date: Feb 2003
Location: Fort Worth, Texas
Posts: 421
This has been mentioned in a round a bout way but I would wait until I could pay cash for the FD...Reason....
If an FD which I do not own is anything like an FC, you will basically have 2 monthly payments. One to your bank for the note and one to keep the car on the road. If nothing happens one month it is bound to happen eventually and probably before your bank note is paid and fixing FB's, FC's, and FD's ain't exactly cheap.
Look at all the threads on this forum. There is constant work being done on these cars. There are tons of guys bitching at what a money pit these cars are.
Like Banzai said....It is just life. I don't think I would ever take out a loan to purchase one of these cars. I don't care what year it is. Don't get me wrong, I absolutely love them, they just aren't worth being tied to a bank note for.
To be on the safe side I would wait until cash is the option for purchase.
If an FD which I do not own is anything like an FC, you will basically have 2 monthly payments. One to your bank for the note and one to keep the car on the road. If nothing happens one month it is bound to happen eventually and probably before your bank note is paid and fixing FB's, FC's, and FD's ain't exactly cheap.
Look at all the threads on this forum. There is constant work being done on these cars. There are tons of guys bitching at what a money pit these cars are.
Like Banzai said....It is just life. I don't think I would ever take out a loan to purchase one of these cars. I don't care what year it is. Don't get me wrong, I absolutely love them, they just aren't worth being tied to a bank note for.
To be on the safe side I would wait until cash is the option for purchase.
