How much did you put down on your Z

Dreezy562 · 03-21-2011, 07:46 PM

put down ten, still owe 30

romoore14 · 03-21-2011, 09:28 PM

Zero down

wilsonp · 03-21-2011, 09:37 PM

Bought used, paid everything left after the trade.

zmyride · 03-21-2011, 11:51 PM

I put down 15K at 3.9% interest. I paid like $2500 in interest over 60 months.

Jordo! · 03-22-2011, 01:25 AM

7K plus a trade in valued at just under 5K

So... around 12K, with a loan for the remainder.

optiontrader · 03-22-2011, 01:37 AM

15k down, balance @2.99% over 60 months.

Couldn't put any more - I had to funnel three times that amount working on our "fixer upper" (not to mentioned the 20% down payment on the house). Cripes, SoCal real estate is still too damned expensive...

Almost thinking I should shove the wife and kids into a small studio apartment with low rent and purchase that R8 Spyder... NOT!

shadow2k · 03-22-2011, 03:20 AM

I put down 6k just so I wouldn't be upside down in it at any point. I'd never pay cash for a car when I can get interest rates that are lower than what I can make in investments. Pentagon Federal has 3% new auto loans, and Navy Federal has 2%! Come on now...if someone offered to loan me thousands of dollars at 2-3%, I'd take it regardless of whether I needed it or not.

If you can't make 3% on your investments, then yes...you should pay cash.

ImportConvert · 03-22-2011, 03:28 AM

Quote:

Originally Posted by kenchan

yep, nothing wrong with having a loan if you can pay it. it's a good way to build credit.

+1, I can't afford $300K for a house/land up front, and a car was the best way to build the kind of credit to tackle large-ticket items. I'm just getting started in life, financially.

I put down 10% of the amount financed on my car.

SVTNate · 03-22-2011, 04:36 AM

I paid cash for my Z.

SophiaZ · 03-22-2011, 04:41 AM

Just cashed in my platinum warranty and used that as down payment

03g35coupe6mt · 03-22-2011, 08:00 AM

20k down
Financed the rest at 3.9%

Mt Tam I am · 03-22-2011, 09:54 AM

Quote:

Originally Posted by onzedge

I put down the agreed-upon price of the car, tax, extended warranty and license fees -- in total.

Quote:

Originally Posted by Blue370tt

Same for me....paid in full.....no extended warranty though

Quote:

Originally Posted by kenchan

paid in full is the way to go.

Quote:

Originally Posted by Jjaden

Paid in full.

Everyone is different and I respect all approaches but my feeling has always been if I can't buy it outright I probably shouldn't buy it.

Again this is something I apply to myself, and not preach to others...

Quote:

Originally Posted by SVTNate

I paid cash for my Z.

This is what I did too.

igotcabada · 03-22-2011, 10:21 AM

Quote:

Originally Posted by shadow2k

I put down 6k just so I wouldn't be upside down in it at any point. I'd never pay cash for a car when I can get interest rates that are lower than what I can make in investments. Pentagon Federal has 3% new auto loans, and Navy Federal has 2%! Come on now...if someone offered to loan me thousands of dollars at 2-3%, I'd take it regardless of whether I needed it or not.

If you can't make 3% on your investments, then yes...you should pay cash.

^--- This.

I put 7500 down. I'm paying 3% on my loan, although gains aren't as good as they once were, I'm surely getting more than 3% on the 28k that I would have put on my car.

red6spd · 03-22-2011, 10:23 AM

10K down

jpritche · 03-22-2011, 11:22 AM

100%

03-21-2011, 09:37 PM	#33 (permalink)
wilsonp A True Z Fanatic Join Date: Jul 2010 Location: Virginia Posts: 1,134 Drives: 2009 Touring Sp Nav Rep Power: 17	Bought used, paid everything left after the trade. __________________ 2014 Cayman S PDK Sport Chrono White/Black Was 2009 370Z Touring Sport+Nav 7AT Metallic Black/Persimmon Was 1991 NSX Auto Black/Black

03-22-2011, 01:25 AM	#35 (permalink)
Jordo! A True Z Fanatic Join Date: May 2010 Location: nirvana Posts: 6,394 Drives: 2023 NATM Rep Power: 418	7K plus a trade in valued at just under 5K So... around 12K, with a loan for the remainder. __________________ Enjoy it. Destroy it.

03-22-2011, 01:37 AM	#36 (permalink)
optiontrader Track Member Join Date: Jul 2010 Location: Smog Hell, SoCal Posts: 595 Drives: 40th Rep Power: 16	15k down, balance @2.99% over 60 months. Couldn't put any more - I had to funnel three times that amount working on our "fixer upper" (not to mentioned the 20% down payment on the house). Cripes, SoCal real estate is still too damned expensive... Almost thinking I should shove the wife and kids into a small studio apartment with low rent and purchase that R8 Spyder... NOT! __________________ 40th Anniversary Z - 3M Paint Protection Film, CA Legal Tint! (70/40)

03-22-2011, 10:23 AM	#44 (permalink)
red6spd A True Z Fanatic Join Date: Apr 2010 Location: Long Island NY Posts: 3,277 Drives: 2010 Z Coupe M6 SPT Rep Power: 21	10K down __________________ 2010 Base+Sport 6spd: Stillen G3, FI Non-Resonated CBE, FI Non-Resonated Test Pipes, UpRev Tuned, Custom 24R Oil Cooler, JDM Rear Fog-OEM Harness. ???Whp ???WTQ (Will find out come spring time)

03-21-2011, 07:46 PM	#31 (permalink)
Dreezy562 Enthusiast Member Join Date: Oct 2010 Location: Long beach, ca Posts: 419 Drives: 40th Rep Power: 15	put down ten, still owe 30

03-21-2011, 09:28 PM	#32 (permalink)
romoore14 Base Member Join Date: Feb 2010 Location: Baytown, TX Posts: 53 Drives: 10',370Z,Red,A/T,SPk Rep Power: 15	Zero down

03-21-2011, 11:51 PM	#34 (permalink)
zmyride Track Member Join Date: Nov 2009 Location: SF Bay Area Posts: 631 Drives: 10 Black Sports 7AT Rep Power: 17	I put down 15K at 3.9% interest. I paid like $2500 in interest over 60 months.

03-22-2011, 03:20 AM	#37 (permalink)
shadow2k Base Member Join Date: Jul 2009 Location: Overland Park, Kansas Posts: 143 Drives: 09 PG 370z 6MT Rep Power: 16	I put down 6k just so I wouldn't be upside down in it at any point. I'd never pay cash for a car when I can get interest rates that are lower than what I can make in investments. Pentagon Federal has 3% new auto loans, and Navy Federal has 2%! Come on now...if someone offered to loan me thousands of dollars at 2-3%, I'd take it regardless of whether I needed it or not. If you can't make 3% on your investments, then yes...you should pay cash.

03-22-2011, 04:36 AM	#39 (permalink)
SVTNate Base Member Join Date: Nov 2010 Location: Orange County, CA Posts: 89 Drives: 2010 370Z 6MT Rep Power: 15	I paid cash for my Z.

03-22-2011, 04:41 AM	#40 (permalink)
SophiaZ A True Z Fanatic Join Date: Dec 2009 Location: South Jersey Posts: 1,463 Drives: 2020 50th anniv 7AT Rep Power: 6733	Just cashed in my platinum warranty and used that as down payment

03-22-2011, 08:00 AM	#41 (permalink)
03g35coupe6mt Base Member Join Date: Aug 2010 Location: East Stroudsburg Pa Posts: 183 Drives: 2010 Z / 2003 G35cp Rep Power: 15	20k down Financed the rest at 3.9%

03-22-2011, 11:22 AM	#45 (permalink)
jpritche A True Z Fanatic Join Date: Oct 2010 Location: Cartersville, Ga Age: 32 Posts: 2,570 Drives: '15 RR, '14 IS250 Rep Power: 31	100%