Buying a 37 in full
Registered User
Joined: Nov 2007
Posts: 215
Likes: 0
From: Tucson AZ
Registered User
Joined: Dec 2007
Posts: 74
Likes: 0
you build it with both....the thing is credit cards will help you increase your credit limits but large loans will make the credit companies more inclined to loan you more large sums of money...they want to see how you are with small amounts of money and also large amounts of money...more so large amounts and how long you can pay them on time....thats how you can build up credit enough to purchase a house on your own.
Registered User
Joined: Nov 2007
Posts: 352
Likes: 3
From: Duluth, MN / Miami, FL / Detroit, MI
The incentive is low financing. It does not make any sense to pay cash when you can take 40K at 3.9% and put it into a good mutual fund, add to your house, put money down on a vacation house, or put it towards the kids' college savings account. Over 6 years, that rate is worth about $6k.
The dealer won't care that you are paying cash.
If you are paying cash, you might be better off waiting until the incentive favors a cash payment.
The dealer won't care that you are paying cash.
If you are paying cash, you might be better off waiting until the incentive favors a cash payment.
Thread Starter
Registered User
Joined: Jan 2008
Posts: 63
Likes: 0
I already own a house and condo.... 2 different areas and I live in a apartomentoooooo
But I am thinking I should build up my credit with the car as well... By putting some down ... for what about 12 months ?
But I am thinking I should build up my credit with the car as well... By putting some down ... for what about 12 months ?
Thread Starter
Registered User
Joined: Jan 2008
Posts: 63
Likes: 0
Most of these things occurred by horrible, horrible, events..... Events I would rather have had not happen then any material thing I could ever own.
So I am guessing go with a year and put down like 30 k? Leaving about 8-10 k to pay off guys ?
So I am guessing go with a year and put down like 30 k? Leaving about 8-10 k to pay off guys ?
Registered User
iTrader: (1)
Joined: Nov 2007
Posts: 322
Likes: 0
From: San Diego CA/ Los Angeles CA
Im sorry. I think I know what you mean.
Registered User
Joined: Jan 2008
Posts: 84
Likes: 2
Use the equity in your houese and condo and the interest is a right off.
No way you can own these, unless the are set up under rentals and are considered as revenue/liabilities, and not have the credit to purchase.
Either way, an equity line-of-credit would do it.
No way you can own these, unless the are set up under rentals and are considered as revenue/liabilities, and not have the credit to purchase.
Either way, an equity line-of-credit would do it.
Registered User
Joined: Feb 2008
Posts: 2
Likes: 0
i got my g37 with navigation and premium package in automatic (no sport) about a month ago, and got my lease for $550 a month including all taxes, fees, etc...
When I looked in infiniti finance, the payoff shows $38,942, which should include all taxes and fees, with ny tax being 8.375%, it looks like I got the car for about $36,000.
so it sounds like your getting your g37 for around the same specs as mine, so try to aim for that price, it took a lot of haggling though, so good luck.
When I looked in infiniti finance, the payoff shows $38,942, which should include all taxes and fees, with ny tax being 8.375%, it looks like I got the car for about $36,000.
so it sounds like your getting your g37 for around the same specs as mine, so try to aim for that price, it took a lot of haggling though, so good luck.
Registered User
Joined: Feb 2008
Posts: 2
Likes: 0
Thats right, I didn't get the sports package, but I was offered the sport package for an extra $10 extra a month on my 24 month lease, I'm not really sure how that affects the final selling price.
But worst case scenario for you, just add the $1600 to the price i mentioned and try to aim for that, try to go for a little less if you want to be a real ball buster.
But worst case scenario for you, just add the $1600 to the price i mentioned and try to aim for that, try to go for a little less if you want to be a real ball buster.
Registered User
Joined: Dec 2007
Posts: 74
Likes: 0
Yea, you should just start off financing a little...since you dont have a prvious credit history...I think there is a set limit for how much you can start to finance like at least 10 or 15k....they wont go below one of those 2 numbers for loan financing...at least thats what the dealer told me....but once you get this first one off the ground and paid the loans they will allow you to get pretty much double in price....so 10 or 15k now then next go around it could be 20 or 30k...you should be straight though....
