Financing My Fd
Senior Member
Joined: Jan 2004
Posts: 2,748
From: Columbia IL/St. Louis MO
If I were buying a used car, I would want to own it on the spot, or have all of the cash. Loans are ok, but just seem trouble to me. I am glad I did not take a loan out and waited to buy my FC. Although a FD that runs and in good condition is 10k plus.
I would not really worry about the payments. You can easily handle that, just the insurance is the pain in the ***. And 350 bucks is probably for the least amount of coverage. If you want high coverage, your quote would be like 8 grand for a full year through some companies. I was actually quoted that for FULL coverage on my FC. A 16 year old car, for about 8 grand I was quoted. Insurance is crazy, but is a big pay off in the end, if it is not your fault.
Good Luck
I would not really worry about the payments. You can easily handle that, just the insurance is the pain in the ***. And 350 bucks is probably for the least amount of coverage. If you want high coverage, your quote would be like 8 grand for a full year through some companies. I was actually quoted that for FULL coverage on my FC. A 16 year old car, for about 8 grand I was quoted. Insurance is crazy, but is a big pay off in the end, if it is not your fault.
Good Luck
Thread Starter
Senior Member
Joined: Aug 2003
Posts: 141
From: Cedarville, New Jersey
The insurance will be like it was on my mustang, full coverage with my dad as the primary and me secondary. Wish i could find a buy-here pay here with a nice FD....ya right.
Ill call my bank tomorrow and see what they say.
Ill call my bank tomorrow and see what they say.
Super Moderator
Joined: Feb 2002
Posts: 12,288
From: Amityville, New York
Originally Posted by DeaconFrost' date='Apr 13 2004, 09:42 PM
I got mine @ 19 by letting the bank take out a loan on my car...they hold the title...I get a new car. of course that wont work if you dont have a car right now.
Thread Starter
Senior Member
Joined: Aug 2003
Posts: 141
From: Cedarville, New Jersey
i know it is as far as a logical sense, damn tempramental fds lol. Its a dream i am sick of not realizing, i want my fd. Stop trying to talk me out of it and help me go broke :P
Senior Member
Joined: Jul 2001
Posts: 3,346
From: Tulsa, OK
The best banks are the credit unions. I still have my credit union back in NC, but have bank of america out here, and they really suck when compared. Only car i've ever financed was my 1970 mini, which was for 18.5k. Credit union had no problem financing me for that much on a car that old, just had to get it appraised to prove the value.
Thread Starter
Senior Member
Joined: Aug 2003
Posts: 141
From: Cedarville, New Jersey
So i need to find out how to get into a credit union, what "in" do i have.....hmm
Where could i find a list of credit unions in south NJ and they're requirements? I live in Cumberland County to be specific...
Where could i find a list of credit unions in south NJ and they're requirements? I live in Cumberland County to be specific...
Senior Member
Joined: Aug 2003
Posts: 792
From: green brook, nj
Originally Posted by FDRacing' date='Apr 13 2004, 06:06 PM
The insurance will be like it was on my mustang, full coverage with my dad as the primary and me secondary. Wish i could find a buy-here pay here with a nice FD....ya right.
Ill call my bank tomorrow and see what they say.
Ill call my bank tomorrow and see what they say.