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How much did you put down on your Z

Originally Posted by jpritche 100%

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Old 03-22-2011, 11:34 AM   #46 (permalink)
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Old 03-22-2011, 11:38 AM   #47 (permalink)
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Bought used from a private party and paid in full. I recently purchased another vehicle and anticipated paying in full, but the dealer offered 1.9%. I put 40% down on that vehicle and financed the balance. I hate car payments so I plan on paying it off within 3 years.
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Old 03-22-2011, 12:07 PM   #48 (permalink)
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paid 0 down. I haven't made any payments yet, and they STILL haven't found me!

crap gotta run!
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Old 03-22-2011, 02:04 PM   #49 (permalink)
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$43,000.

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Old 03-22-2011, 02:38 PM   #50 (permalink)
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Old 03-22-2011, 04:00 PM   #51 (permalink)
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well ive been thinking on this for a while, turns out im going to be putting more than 15,000 down on my car.... (15,000..check) then the trade in Value for another car, trade in value worth anywhere from 2 to 6 thousand ..... ontop of the 15,000 already, so all in all.... total amount put down? anywhere from 17 to 20 thousand before even driving a single mile on the car itself =)
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Old 03-22-2011, 04:33 PM   #52 (permalink)
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I've always paid cash for my cars, and I realize that I am fortunate to be able to do so. But that said, I'd never buy a relatively expensive and less than practical car like a Z (hard for it to be a 12 month DD here in snowy western PA) unless I could afford, without strain, to pay cash for it.
I consider owning a Z to be a real treat---for me a reward for a full career of hard work and careful financial planning. I wouldn't have bought it unless and until all the other higher priority items in life have been paid or provided for. But that's just me. To each his own.
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Old 03-22-2011, 11:29 PM   #53 (permalink)
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Quote:
Originally Posted by shadow2k View Post
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.
LOL, agreed - that's what many people did during the housing boom and happy years of easy credit. Why put 20% down on a home when you can use OPM (other people's money), and then flip the house a year down the road for $100K? My blood still curdles hearing of stories of no-down, $150K payoffs. Then again, I hear the other side of the market: buying a $1.5M home on an option only loan only to find out it's worth 3/4 that within two years...

I expected interest rates to at least come up, esp. with auto loans. If anything, rates have gone DOWN recently. The market is an infinitely unknowable thing, eh?

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paid 0 down. I haven't made any payments yet, and they STILL haven't found me!

crap gotta run!
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Old 03-23-2011, 12:13 AM   #54 (permalink)
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with cash and trade in about 4k, but i was about to build another house, so i had to keep money for that, plus i didn't plan on buying the Z for another year.
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Old 03-23-2011, 03:35 AM   #55 (permalink)
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Old 03-23-2011, 06:37 AM   #56 (permalink)
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I leased my car, but I think I put $6400 down on the lease portion. If I buy the car out at the end of the lease, I'll just pay cash for the residual.

I considered buying the car, but I traded in a three year old car that I had bought and after looking at the financials on that car, I actually would have spent less money had I leased it. Obviously I'm taking the risk that if I decide to buy the Z after the lease, I'll have wasted money over buying it up front, but I like the ability to walk away from the car after 39 months if I want to.
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Old 03-23-2011, 10:21 AM   #57 (permalink)
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My 2005 350Z was my down, I think it was 13k.
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Old 03-23-2011, 10:24 AM   #58 (permalink)
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Old 03-23-2011, 10:36 AM   #59 (permalink)
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This is very true. For me, I hate paying interest that I don't need to pay if I can help it.
Very well said!
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Old 03-23-2011, 05:07 PM   #60 (permalink)
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Quote:
Originally Posted by Horseface View Post
$43,000.


What?!?

I paid about $37,000 OTD for my 2010 with Sport and Touring (no nav)

You paid 6 grand more than me for the nav system? Oh Mah Lawd!
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