Does Infiniti offer 84mo financing?
11-13-2007, 11:18 PM
#5
sometimes people want the lower payment for now and pay it off quicker then usual...maybe he will keep the car for 7 years...if he wants the car that bad then hell by all means necessary....
7years is a long time...would you like to share with us why you are willing to pull it out for that long or do you have a plan??? maybe it can be something to help some of us out in the future..thanks and good luck with a purchase!!
7years is a long time...would you like to share with us why you are willing to pull it out for that long or do you have a plan??? maybe it can be something to help some of us out in the future..thanks and good luck with a purchase!!
11-14-2007, 12:08 AM
#6
Registered User
Thread Starter
Join Date: Jul 2007
Posts: 78
Likes: 0
Received 0 Likes
on
0 Posts
Thanks guys, good to know I can go 84.
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year.
So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok.
I also never put money down
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year.
So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok.
I also never put money down
Last edited by EightOneZero; 11-14-2007 at 12:11 AM.
11-14-2007, 12:16 AM
#7
35000 miles a year?! what do you do? pulling cargos with a coupe?
__________________
Best Car Insurance | Auto Protection Today | FREE Trade-In Quote
__________________
Best Car Insurance | Auto Protection Today | FREE Trade-In Quote
Trending Topics
11-14-2007, 03:20 AM
#10
I don't get it....
__________________
Best Car Insurance | Auto Protection Today | FREE Trade-In Quote
__________________
Best Car Insurance | Auto Protection Today | FREE Trade-In Quote
11-14-2007, 12:44 PM
#13
Registered User
iTrader: (1)
Join Date: Jan 2005
Location: Jersey
Posts: 23
Likes: 0
Received 0 Likes
on
0 Posts
Thanks guys, good to know I can go 84.
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year.
So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok.
I also never put money down
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year.
So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok.
I also never put money down
Plus, by him extending his financing to the max, if he wanted to keep the car, he can still finance it for 84 mos (payment may be $620 for example). For example, a 48 mo term may cost him ($920 for example). By him sending in a payment of $920 ($620 + $300 extra principal) on the 84 mo term, he will be saving a huge chunk in interest, and maintain a flexible monthly cash flow.
11-14-2007, 05:04 PM
#14
Registered User
Join Date: Oct 2007
Posts: 533
Likes: 0
Received 0 Likes
on
0 Posts
Thanks guys, good to know I can go 84.
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year.
So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok.
I also never put money down
I drive 35,000 miles a year. So after about a year and a half, it's time to trade it in. I would lease, but obviously I can't do that with the amount I drive each year.
So extending the financing is the next best thing, to keep the monthly payments down. Since the interest rate is usually high when you go past 60months, I wait until my credit union has a special and I refinance through them. I brought my G35c loan from 10% to 4.9% doing this. If I can keep my monthly payments roughly around the same everytime I switch cars, I will be ok.
I also never put money down
Here's a thread on another site. Notice Tarry's response. http://www.bimmerfest.com/forums/sho...d.php?t=241281
Last edited by iko; 11-14-2007 at 05:09 PM.
11-14-2007, 07:42 PM
#15
Registered User
Thread Starter
Join Date: Jul 2007
Posts: 78
Likes: 0
Received 0 Likes
on
0 Posts
Actually, most people in your shoes will lease for 2 years and pay the extra mileage. Since the residual is baked you won't take a bath on the resale value. A two year old car with 70k miles is gonna take a real beating. Do the math.
Here's a thread on another site. Notice Tarry's response. http://www.bimmerfest.com/forums/sho...d.php?t=241281
Here's a thread on another site. Notice Tarry's response. http://www.bimmerfest.com/forums/sho...d.php?t=241281