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Old 06-10-2012, 03:22 PM   #15
whiteout fr-s
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I feel you man

My interest is unbelievable, payments are close to $700. But that's what you get when you've got school loans but own your own business, no financial backing. Oh well, 6 months to a year and I'll refinance.
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Old 06-10-2012, 03:28 PM   #16
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My interest is unbelievable, payments are close to $700. But that's what you get when you've got school loans but own your own business, no financial backing. Oh well, 6 months to a year and I'll refinance.
Payments $700 on a $25k loan? What term is this?
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Old 06-10-2012, 03:38 PM   #17
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3% for 60 months with a 14k down. $251 a month payments. Gonna use all texreturns and bonuses from work to pay it off faster.

I went through the dealership which had its lowest for Scions at 3%. Should have gone through the bank since my credit is well above the "best" rating to get a lower rate. I could have bought outright but wanted to use the loan to build more credit. MUST HIT 900! (I know it's impossible but a boy can dream...)
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Old 06-10-2012, 03:41 PM   #18
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I received a 2.50% rate from Toyota Financial. I had to use them to qualify for the college rebate program of $1000.00.
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Old 06-10-2012, 03:53 PM   #19
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^72 months, was going to put $5000 down but they gave me the car with 138 miles on it even though I put a deposit on it in February. I knew I was going to have insane interest because I am a business owner, young and have less than favorable credit.
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Old 06-10-2012, 04:30 PM   #20
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^72 months, was going to put $5000 down but they gave me the car with 138 miles on it even though I put a deposit on it in February. I knew I was going to have insane interest because I am a business owner, young and have less than favorable credit.
I'da said WTF? Where's my NEW car bitch?!
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Old 06-10-2012, 04:34 PM   #21
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I'da said WTF? Where's my NEW car bitch?!
Oh wow, yeah, that's insane. I remember buying my Civic Si and thinking the 25 miles it had on it seemed excessive.
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Old 06-10-2012, 04:42 PM   #22
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^72 months, was going to put $5000 down but they gave me the car with 138 miles on it even though I put a deposit on it in February. I knew I was going to have insane interest because I am a business owner, young and have less than favorable credit.
Dude...you're going to end up paying $50,000 for an FRS after the interest you're paying. That's just insane.

No offense and it's obviously your decision, but if my credit is to the point where I'm paying as much in interest as I am in principle, I think I'd be driving a cheap beater until I could rebuild credit or pay cash for a car.
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Old 06-10-2012, 05:59 PM   #23
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I was driving a cheap car, have to start somewhere and yes your right 47000 is what it is financed at right now but with steady payments it takes less than a year to finance at a normal rate so I will never pay that much for the car. A car is the easiest way to rebuild credit fast and the fr-s is what I wanted, no sense in wasting money driving some beater when I can kill two birds with one stone.
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Old 06-10-2012, 07:26 PM   #24
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2.64% for 60mo
Plan to pay it off by the end of 2013
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Old 06-10-2012, 08:55 PM   #25
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I am really impressed by a lot of yalls low intrest rates. I hope I can get a rate that low. y first time buyer rate is higher then that on my truck but then again Im sure most of you that posted are very proud of your rate and have great credit.
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Old 06-10-2012, 09:31 PM   #26
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i'm really shocked by all these low interest rates, im waiting until my local dealership gets stock of the car they said by the 17th they should have a red one which is the color I want, i'm just hesitating about the deal i might get, last time i heard i had a 680ish score and that was some time ago and ive been preparing my credit for a car purchase, closed some unused accounts and fought a mistake by hsbc with a best buy credit card and im hoping its fixed by now, thats the only blip on my record.. last year my GF bought a 2011 yaris brand new and she got 9.5% as a first time buyer with toyota financial which with her kinda bad credit score i thought was a good deal at the time but no way i'm getting into a 9.5% deal this time i prefer to wait another year for maybe updates on the car and a better score on my credit.. with that said what was your credit like to get those rates i mean you guys have perfect credit reports i would imagine..
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Old 06-10-2012, 09:34 PM   #27
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I'm a first time buyer and I got mine through TFS at 3.75% @ 72. Planning on paying it off in 2-3 years.
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Old 06-10-2012, 09:36 PM   #28
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1.99% penfed. 60 months. Plan to pay off within 12 months.
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