Whos In Debt W/ Their Car!?!?!?

[lous13]

i know im in debt with my car about 2,000+ and i havnt even purchased my motor!!!i just wanted to know how many people out there are like me and are in debt with car purchases and parts....i know im not the only one.....just let me get a yes or a no!!!!!!!!!!!!!!!!!!!!!!!imagine if i didnt live with my parents it would be worse..

[nocomedown]

i think this thread should be retitled "Whos an irresponsible dumbass!?!?!?"

that means no

[axiomatik]

Yeah, I'd rather have a slow car than be thousands of dollars in debt at 19%

[KiDyNomiTe]

:stupid:

i think this thread should be retitled "Whos an irresponsible dumbass!?!?!?"

that means no
:stupid: #2

[gogeeta13]

good job getting in over your head. have a good life fighting to stay on top of all the notes you have to be payin.

[phrozen]

thats why u dont use credit cards for car parts only when u really need it.. why buy it if u dont have the $ just wait till you do...

[ZK]

2,000 aint nothing. I am paying back 10K worth of parts... and it should be done soon.

[Dousan_PG]

haha im not stupid
cars are cars
now a house, i wouldnt mind being in debt for..i dont own one but one thing i wouldnt mind

its a car. if i lived w/ my parents..fuck. i be rolling on te37s and daily driving a nice car

damn being independent!! how i regret!

[TokyoNights]

debt isnt even the word :duh:

[Chernobyl]

student loans... yea. but i'd never put myself in debt for a car.

My friend drives a hachi he bought on credit about a year ago. He jokes that his car is "Powered by MasterCard"

[mrmephistopheles]

fuck being in debt on a car, UNLESS it's a brand new car (and even then, that sucks.)
above that, FUCK being in debt for parts for said car. That's just plain stupidity.

[Lurkable]

fuck being in debt on a car, UNLESS it's a brand new car (and even then, that sucks.)
above that, FUCK being in debt for parts for said car. That's just plain stupidity.

I'm but a child and I know this.

[kandyflip445]

i think this thread should be retitled "Whos an irresponsible dumbass!?!?!?"

that means no

:stupid: #3

[s13dan]

Who here paid for all there own parts... probably the same guys in debt.... im 3400$ in the whole but its basically a car payment so bah... its really not that big a deal over 3 years the bank will have COST me 400$, but i gots me car and without mommy and daddy...

[twitchy]

im not in debt for mine

im in debt for school but im nearly done and doing very well

i have friends that have fast cars with credit bureaus calling every hour

not cool

[phrozen]

its just a car man... ull learn 1 day

[Shin_Kudo]

I may have to go a bit in to replace some of the parts broken in my crash the other day, but I'll be able to pay it off pretty quickly. It'll only be a couple hundred, anyway.

[steaLthy240]

yeah save up enough until you can afford it, then buy it

as a wise man once said, "Dont mod on credit...cash only..and if you do, don't look at your statements.." :hammer:

[SilviaDriver]

u are dumb.

if your going to use a card to buy shit, it would be debit.

be in debt for something that has a return. house,business,land etc etc. if it doesnt have a return its not worth being in debt for.

[brianglawson]

im not in debt..:D

[revat619]

If i had a credit card i'd probably be in debt due to car parts and other dumb stuff too. Hence the reason why i will not get a credit card until i absolutely need one (i.e. to build credit so i can someday purchase a house). I know myself and what would happen if i had one, so for now i only use a debit card. I only spend what i actually have. Keep things simple.

[biggie]

So yeah, let's see:

Pathfinder -- 11K left
student loans -- 14K left
credit card full of parts -- 5K

So you could say I'm a little in debt.

[MakotoS13]

i took out a 3K loan for my car that i'll pay back in less than a year. being in debt is fine as long as you can handle it. maxing out credit cards for a car is STUPID though. you'll be paying hundreds extra for interest alone.

[crioten]

when i was 16, and when i first got my car, i borrowed $1,000 from my dad... to cover the rest of the $3,000

i also paid him off in 3 months at no interest...too bad he couldnt help my credit score... :)

i also use my credit card to buy little things, like a shift knob, or something else, like gas...but it gets paid off every month (i really want good credit)


basically, using credit cards is like taking away money from your next months budget, even before you have the money...which you never had in the first place... so what makes you think you can add more stuff on a credit card...?

i still think that people cant wait for anything these days, people are too needy and dont have patience, just the other day in mickiedees, i saw a little fat kid throw a hissy fit... "i want my mcchicken NOW!!!"

[biggie]

maxing out credit cards for a car is STUPID though. you'll be paying hundreds extra for interest alone.

Yeah, my CC interest on 5K is about $35 a month and i pay about 150-200 a month. So mine isn't near as bad as a lot of them, think I'm at about 7% or so.

[justinhustle]

im not in debt

thank you good people at amex ;)

[Ritz S14]

Car debts? none

[Var]

i bought half my car on CC, and i payed it off 700 bucks a month in 5 months. Then i bought parts, built my computer on the same cc. I just bought a Suburban cash..still paying off the computer and 1k of other bullshit @ 700 a month along with the 2004 Accord i bought for my mom @ 500 a month. Even though i got a lot more credit to tap into, i'm not charging anything on my other cc's until i pay this one off. This leaves me stuck with my crappy t-25 until my computer is payed off.

[mellojoe]

Don't go into debt for your hobby. Your hobby is the fun stuff you do with your FUN money, not with your LIVING money. FUN money = Hobby money = Money left over AFTER the bills are paid.

Just becareful! You'll end up having to sell your car to get out of debt, which would put you where you don't want to be: without a car.

[AceInHole]

i dunno about you guys, but i don't owe any money to my car.

[gonzoes14k]

Besides student loans I am always broke from my car. If i need something that bad for my car it can wait. Like many have said a cars a car not screwing myself over it.

[Dousan_PG]

id rather be in debt for a girl

girl=pussy
car=breaks down and costs more money

fuck cars!
fuck girls! :)

[biggie]

Can't get girl. So all my love and money goes to the cars. And still think cars are cheaper and less trouble.

[JaeTea]

I'm forced to live paycheck to paycheck from the money I spend on my cars. :cry: :cry: :cry:

[rrobe99999]

I've never financed a car or parts. If you need to borrow money, you can't afford it. But, whenever I look in my wallet, and see money in there, I know its time for more mods. I guess the worst thing I've done is sell $1K worth of stocks to help buy a bodykit and paintjob.

[biggie]

I've never financed a car or parts. If you need to borrow money, you can't afford it. But, whenever I look in my wallet, and see money in there, I know its time for more mods. I guess the worst thing I've done is sell $1K worth of stocks to help buy a bodykit and paintjob.

You had $1K worth of stock = you got too much money to need to borrow any. For broke people gotta borrow.

[nocomedown]

I'm forced to live paycheck to paycheck from the money I spend on my cars. :cry: :cry: :cry:
forced? you could just be smart about it and save up a little from each paycheck until you have enough money to buy what you want for your car?

[shoes59]

96 modded 240 (weekend toy) - Free & clear
98 Honda Odyssey (wifes car) - Free & clear
01 stock Frontier (daily driver) - Free & clear
1967 ranch home in the burbs - 14 years to go
Zero cc debt - Priceless!!!

[kouki-gymkhana]

You guys are fucking pussies. "Ewww, I've got 15K of debt, poor me..." Well, I've got $120,000 of debt and I don't own anything aside from my little s13. I also don't have a job and I have no income so my debt just keeps growing and growing. :duh: Granted, when I finish med school and residency in the next five years, I should be pulling in some decent loot. ;)

[TheSnail]

You guys are fucking pussies. "Ewww, I've got 15K of debt, poor me..." Well, I've got $120,000 of debt and I don't own anything aside from my little s13. I also don't have a job and I have no income so my debt just keeps growing and growing. :duh: Granted, when I finish med school and residency in the next five years, I should be pulling in some decent loot. ;)


I would just move out of the US and try to start a new life. And dont have a mail box this time.

[240silvia]

The only time that I was in debt for my car was when I was younger and I got a credit card, charged a part(s), but, I already had the money in my account. It was completely for credit purposes. So if you do that, then it's understandable, but, I wouldn't get in debt over a car, something could come up....... priorities.

[Pudula]

I'm in about 12,000 worth of debt for the motor and still have 7,000 to pay off on the car. I have no regrets...and it isnt even driveable.

Ryan

[psychedelicbeats]

iono... i just want to pay an advance for school so i would loan a lesser amount of money, if that is debt to you. that's why you see all of my stuff for sale. that includes cars themselves, wheels, and parts.

[RedlineRacer]

I must be a dumbass then, cause I owe about $1500 on my car. But, i went in debt cause of two reasons. I was 18 and my parents cosigned, cause I hated the car they gave me and wanted something better and also to build my credit. Now, I bet my credit is better than half of the people on this forum and I am only 20 years old.

[MakotoS13]

i usually limit my loans to around 3 grand and only when its a big job (finishing the car, new motor, etc etc). if its under two grand i'll save up a few hundred, take out a loan, and pay it off in a few months.

my credit is perfect and i can get a loan for just about any amount in the time it takes to sign for it.

[NISMOoPW]

I sold my first 240 to pay for my first year of college (thank you bandwagon buyers!)

Now I've saved enough money to pay off the rest of my college costs and I have enough to build my dream 240. :blah:

No debt though, wooo! I just have to stay away from big brake kits and keep myself from going insano buying suspension pieces. :ugh:

It will be a fun car, and I can rebuild it each winter thanks to Wisconsin putting salt on the streets. YAY! :hsdance:

[wootwoot]

a more interesting thread would be who is in profit with their car. one story up above and i can think of another person on here who has atleast made there money back from a sale.

[TheSnail]

a more interesting thread would be who is in profit with their car. one story up above and i can think of another person on here who has atleast made there money back from a sale.


That is what I specialize in, that is how I make my money.

[Phlip]

Who here paid for all there own parts... probably the same guys in debt.... im 3400$ in the whole but its basically a car payment so bah... its really not that big a deal over 3 years the bank will have COST me 400$, but i gots me car and without mommy and daddy...
*dingdingding!!!* ME ME ME ME ME ME!!! I paid for my car, CASH and have paid for EVERY part, again cash money... I weigh responsibility versus "internet drifter god" status and make decisions accordingly. I am not in debt with my car.



its just a car man... ull learn 1 day
Or he will be like so many before him, realizing that it's just a car, then quit and get something else.


So yeah, let's see:

Pathfinder -- 11K left
student loans -- 14K left
credit card full of parts -- 5K

So you could say I'm a little in debt.
One must understand, however, Chad that you are a grown man with a fulltime job and resolve actually control this debt instead of getting on the internet to ask who else has been as equally irresponsible.

[trsilvias13]

hey zk? is that car in your avatar yours? i think i seen it before in the street

[West]

I was once in debt. Not anymore though! Now all we have is a car payment for the WRX, if you want to call that debt. Next is a house :D Other than that... I think there is still $500 on my Zilvia.net Amex that I need to pay off... *cough* *cough* ;)

[s13silady]

im not in debt with my car.... thats just pretty stupid... other important things... but she sure as hell has a grasp on my wallet!

[Vatche]

ive never been in debt for car parts....i have debt from living expenses but i always end up buying something for my car instead of paying them off....so its the same shit....but to defend myself. 95% of the time the thing im replacing is broken or something wrong with it that needs to be upgraded :) and why repair when you can upgrade for 100 bucks more hahah....anywayz yeah money sucks i hate being broke all the time....:( anyone wanna sponsor me? or give me a better paying job?

[ZK]

hey zk? is that car in your avatar yours? i think i seen it before in the street

Its not exactly my car but almost the same. The one on the avatar is a Japanese RHD Onevia. Mine is a LHD Onevia - same color.

If you're in SF and/or Sac area then it is probably me.

[smellslikecurry]

approx 30gs in debt, damn 350

[MakotoS13]

no down payment? jeez man...

[mellojoe]

I just don't get it? If you can make a monthly payment, then why not just put that monthly payment in a sock in your underwear drawer. Then, when you have the money for the parts, go buy them.

Why is that a hard concept?

Open a savings account titled "CAR FUND" and put your monthly payment into it. Most companies will allow you to direct depost a portion of your paycheck into a separate account. Then deposit any leftover money at the end of the month into that CAR FUND, too, and you'll get to your dream engine even quicker.

[Phlip]

One must understand that if SENSE or COURTESY were "common" then we would all have it.

[MurdarioStomp]

i payed for every car i own by paying cash, then i blew my KA and didnt feel like putting more money into it, so i took out 4K loan (parents cosigned at 5.5% interest and bought a front clip and extra parts. im happy about it.

[HaLo]

I am, who cares? it's a personnal thing anyways.

[Pudula]

Some people want what they want immediately and are willing to pay financing costs. There is nothing wrong with that.

Ryan