Has anyone ever taken a personal loan to buy a used car? Bad idea?
01-23-2009, 10:55 AM
#21
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?? its a car.....one like many of you have. I'm sure most everyone here has taken some form
of a car loan to purchase their audi. How is this any different? I don't have a car payment now, so I thought why not spoil myself a bit. Its been 4yrs since I had a car pymt.....I think I'm ready to dive back in.
01-23-2009, 11:11 AM
#23
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my budget tops out at $30K for a CPO car......$25K would be ideal...
a B8 would be nice, but I'm not really considering any other cars other than those two M3s. If I were to get an E36, it would need to be PRISTINE, preferably a later year too (98-99)...hence why the $7-8K i had alotted for one isn't gonna cut it.
01-23-2009, 11:37 AM
#25
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Def go through BMW then...
Hold out for a 0.9% rate, if they are not currently available, they will be back. They need to offer these deals to keep the used inventory moving.
01-23-2009, 11:42 AM
#26
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Bad idea
Mostly because its unsecured, so the interest rate is going to be very high (~10% percent). What about BMW Financial Service? I heard rates somewhere around 1% if you have a good credit rating (would be perfect for the E46).
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