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So as a person who has bad credit and can't pay off the car loan, aside from the $2k/month (trust fund?) how are you not poor?
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Apr 17, 2015 05:04
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Crunk Abortion posted:Please tell me more of your hard-earned and completely valid insights, you clever, edgy goon You are poor. If you weren't poor you would have $10k in savings and wouldn't need a 16% loan to buy a decade old car.
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Apr 17, 2015 08:25
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You guys sure have some penetrating wisdom regarding my background and motivations based on the two pieces of information about myself I've posted in this thread. I wish I was cool enough to poo poo on 'poors' on the Internet too... 
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Apr 17, 2015 14:19
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Crunk Abortion posted:Please tell me more of your hard-earned and completely valid insights, you clever, edgy goon You said it yourself: you got the car you wanted, not the car you needed. Your financial history was lovely, so you got a lovely rate. You aren't getting hosed on the used car loan by someone else, you are loving yourself. edit: dammit, didn't see that there was another page. Crunk Abortion posted:You guys sure have some penetrating wisdom regarding my background and motivations based on the two pieces of information about myself I've posted in this thread. I wish I was cool enough to poo poo on 'poors' on the Internet too... And yet here you are, bitching to BFC about your car loan like you're a victim.
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Apr 17, 2015 14:56
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Crunk Abortion posted:You guys sure have some penetrating wisdom regarding my background and motivations based on the two pieces of information about myself I've posted in this thread. I wish I was cool enough to poo poo on 'poors' on the Internet too... You know it's ok to be poor and ask for help on how not to be. A lot of people do it because a lot of people are poor. Sometimes it's by circumstance but a lot of times it's by choice. You could argue that it isn't taught well enough and shouldn't be expected, but you're here now. Ask the questions, get the help and at least stop acting poor. LOOK THE PART BE THE PART.
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Apr 17, 2015 15:01
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BossRighteous posted:The make model and Blue Book would all be pretty pertinent here. Selling it at a loss and buying a POS may be in your future. There are a lot of reasonably reliable cars under $1500. How do you find those? Craigslist?
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Apr 17, 2015 21:27
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GreyPowerVan posted:How do you find those? Craigslist? I don't think that's really true, honestly. In my area, Denver, you're going to spend at least $2.5k to find a somewhat reliable car.
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Apr 17, 2015 23:11
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Radbot posted:I don't think that's really true, honestly. In my area, Denver, you're going to spend at least $2.5k to find a somewhat reliable car. On CL or what? That's about how much my current one was and I'm trying to replace it because it's a piece of poo poo.
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Apr 17, 2015 23:41
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GreyPowerVan posted:On CL or what? That's about how much my current one was and I'm trying to replace it because it's a piece of poo poo.
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Apr 17, 2015 23:54
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GreyPowerVan posted:On CL or what? That's about how much my current one was and I'm trying to replace it because it's a piece of poo poo. I bought two of this type of car while in college (like 2003) and they both had the same story in a general, abstract way. One was from a guy who used it as his secondary car when he went to take care of his properties. He couldn't drive his regular car into those neighborhoods. The other was from an elderly lady who had just lost her ability to drive. They all had meticulous paperwork on all the service done and drove well. They were old cars for sure, but well maintained and everything just made sense when putting the picture together on whether or not I should buy this car. I think I bought both of those cars the first day they were listed. Blinkman987 fucked around with this message at 00:09 on Apr 18, 2015 |
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Apr 17, 2015 23:55
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Veskit posted:You know it's ok to be poor and ask for help on how not to be. A lot of people do it because a lot of people are poor. Sometimes it's by circumstance but a lot of times it's by choice. You could argue that it isn't taught well enough and shouldn't be expected, but you're here now. Ask the questions, get the help and at least stop acting poor. I have no emotional problems with my financial status. I make $30k a year. It is what it is. My problem is when people like this rear end in a top hat: oxsnard posted:Hahaha this further proves my theory that at least 50% of BMW and Audi owners are just poor people who are desperate not to look poor This is the first car I've ever owned that cost over 2,000, and the first one I've ever financed. I've driven many a beater, without an ounce of shame. Two cars ago, I was in a $500 piece of poo poo Prizm, and I liked that car just fine right up until it broke down. When I bought my E36, its competitor was a $2,000 beater class Miata. I ended up happening on a BMW for a really good price so I got that because it's way more comfortable for someone who's 6'1 and having a backseat is more practical. I ended up loving that car and developed a taste for nicer automobiles and that's where the E46 came from. I don't have any problems asking for help improving my station in life (hence this thread). I also never claimed to be a victim in any of this. I'm getting hosed, but I signed up for the loving. Neither the car dealer nor the bank employee had a gun in their hands when I signed on the line. But hosed is hosed, and once you realize the magnitude of what's going on it makes sense to start trying to figure out a safe word.
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Apr 18, 2015 05:46
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I make over six figures and I'm too loving poor to own a BMW. You've written a lot of words to say "I want what I want and don't tell me how dumb I am in a thread where I simultaneously defend a 16% APR loan and try to find a way to get out of it." I drive a KIA Forte btw and I'm 6'5" get the gently caress over yourself.
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Apr 18, 2015 06:15
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Dude you ARE poor and borrowing money at 16% is dumb. And I have a 335 so I get the BMW thing, they are awesome cars. But you're not going to out maneuver BFC in this argument.
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Apr 18, 2015 07:18
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Ah, so this is what rationalizations look like from the other side. Sup high interest car loan buddy. 
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Apr 18, 2015 07:28
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Just try and pay it off and hopefully you'll learn a nice life lesson along the way.
Barry fucked around with this message at 12:23 on Apr 18, 2015 |
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Apr 18, 2015 12:15
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Only the finest German engineering can accommodate my unusually long six foot one frame
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Apr 18, 2015 12:59
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Crunk Abortion posted:I ended up loving that car and developed a taste for nicer automobiles and that's where the E46 came from. And at $30k/yr, a taste is all you can afford. But instead you chose to order the whole meal and are stuck washing dishes in the kitchen to make up for it.
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Apr 18, 2015 19:53
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Knyteguy posted:Ah, so this is what rationalizations look like from the other side. Yep. It makes you scratch your head as to the decision making process involved. I know taxi drivers that finance their cars from Toyota for 15%. The difference is it's their business and they're still making money despite the interest rate.
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Apr 18, 2015 22:46
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Crunk Abortion posted:When I bought my E36, its competitor was a $2,000 beater class Miata. I ended up happening on a BMW for a really good price so I got that because it's way more comfortable for someone who's 6'1 and having a backseat is more practical. I ended up loving that car and developed a taste for nicer automobiles and that's where the E46 came from. This is exactly how I felt...went from an 85 Bonneville to a 92 Volvo 940 Turbo (this was back in the late 90s) and learned that you can actually have a nice car and still not break the bank. Paid cash for all my cars: 92 Volvo 940 Turbo ($2700), 98 Volvo S70 ($3500), 98 Volvo V70R ($5400) up until my current car which is the first I've ever financed 06 Volvo V70R ($15k). I went with Lightsteam which I highly recommend because I got the loan at around 4% and they don't give you a big hassle about anything as long as you have great credit. I've got roughly a +750 credit score. The only loan paying advice I can give to help out is that with any loan that calculates daily interest, make your payments twice a month instead of once a month. For example: Normally a monthly loan payment of $400 vs a bi weekly payment of $200. Not only will you get a substantial interest benefit from having your principle go down faster than the interest is calculated, but you'll actually get 2-4 more payments in during the year due to months with 5 weeks in them. I do this with all my home, car, student loans and I've shaving months/years off the pay schedule. I calculate my $70k 30 year home loan will actually be paid in less than 25 years and I'm not really paying any more than I would have been anyway.
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Apr 19, 2015 03:47
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Oxphocker posted:This is exactly how I felt...went from an 85 Bonneville to a 92 Volvo 940 Turbo (this was back in the late 90s) and learned that you can actually have a nice car and still not break the bank. Paid cash for all my cars: 92 Volvo 940 Turbo ($2700), 98 Volvo S70 ($3500), 98 Volvo V70R ($5400) up until my current car which is the first I've ever financed 06 Volvo V70R ($15k). I went with Lightsteam which I highly recommend because I got the loan at around 4% and they don't give you a big hassle about anything as long as you have great credit. I've got roughly a +750 credit score. The only loan paying advice I can give to help out is that with any loan that calculates daily interest, make your payments twice a month instead of once a month. Well you're paying 8.3% more than you would be paying monthly, that's the whole trick of biweekly loan payments
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Apr 19, 2015 04:56
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oxsnard posted:Only the finest German engineering can accommodate my unusually long six foot one frame Get the gently caress out of here. I said the $2,500 E36 was more comfortable than a $2,000 Miata for a tall person because it loving is. Do you even skim the thread before you start construction on your straw men? My Rhythmic Crotch posted:Dude you ARE poor and borrowing money at 16% is dumb. And I have a 335 so I get the BMW thing, they are awesome cars. But you're not going to out maneuver BFC in this argument. I never said I wasn't poor, and I've acknowledged (more than once) that I made a dumb decision that is 100% my fault. Re-read the post you quoted: Crunk Abortion posted:I also never claimed to be a victim in any of this. I'm getting hosed, but I signed up for the loving. Neither the car dealer nor the bank employee had a gun in their hands when I signed on the line. Here's where we're at, just so we can lay off the bullshit and get onto the same page:
Crunk Abortion fucked around with this message at 06:51 on Apr 19, 2015 |
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Apr 19, 2015 05:51
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So it turns out my loan is a simple interest rate loan, so I'll save massively by paying asap? I'm going to try to get a copy of all the restrictions but I'm thinking about getting it refinanced with a company that will let me pay ahrad and just throw all my money at it.
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Apr 24, 2015 17:36
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Apr 26, 2015 17:37
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Nicely done, keep up the good work.
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Apr 26, 2015 17:45
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Ouch, $140/mo in interest. Intense. Good work on the big overpayment. Keep doing it! You'll be out of this by Christmas if you push through!
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Apr 26, 2015 18:04
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A thing of beauty.
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Apr 27, 2015 17:38
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I'll be dumping $3,000 into mine as soon as a transfer between two of my accounts goes through.
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Apr 27, 2015 18:02
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GreyPowerVan posted:How do you find those? Craigslist? Seach 4 cylinder buick century or cutlass ciera, preferably 1988 or newer. No one wants them, old people had them and are mostly dead now. Iron duke with roller cam and TBI is practically a forever motor and has so little power the transmission is never labored.
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Apr 27, 2015 19:43
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If you have any dealer friends I would ask them for advice about cars
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Apr 27, 2015 22:56
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OP have you ever bought a Nissan Altima? Because you seem awfully similar to another BFC superstar (or was it in gibbis back then?) Your entire thread boils down to  MY INTEREST RAET No gently caress you I know what I want and I want this car I can't afford!  And you toxxed yourself for a red title when you're already obviously capable of pissing good money after bad. Nice stakes there mate.
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Apr 28, 2015 04:03
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Weatherman posted:OP have you ever bought a Nissan Altima? Because you seem awfully similar to another BFC superstar (or was it in gibbis back then?) I'd tell you to go re-read the thread but I don't want to bite into valuable time you could instead use to go gently caress yourself.
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Apr 28, 2015 20:03
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Crunk Abortion posted:I'd tell you to go re-read the thread but I don't want to bite into valuable time you could instead use to go gently caress yourself. I for one am shocked that someone as clever as you crashed a car without insurance and then got massively suckered on a new car.
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Apr 28, 2015 21:02
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Droo posted:I for one am shocked that someone as clever as you crashed a car without insurance and then got massively suckered on a new car.
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Apr 28, 2015 21:24
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Crunk Abortion posted:I'd tell you to go re-read the thread but I don't want to bite into valuable time you could instead use to go gently caress yourself.  Why don't you give us an example then, oh-so-mature one, of the kind of advice you'd give if someone else had posted this thread? And right after that, how about telling us why you haven't already done that? Also I'm so sorry to hear that anything less than a beamer  won't fit your gigantic frame. Honestly, I don't know how I comfortably drive Japanese cars with my extra three inches on you.
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Apr 29, 2015 12:12
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I think everybody gets the point by now. OP please feel free to reopen the thread to post about your next $1000 prepayment!
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Apr 29, 2015 16:34
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