Aspiring S2000 owner - Financing questions
Registered User
Joined: Sep 2009
Posts: 3
Likes: 0
If you can, try use a credit card with a high limit to help u with the down payment.
Or find an easier dealer to work with.
i know how u feel wanting in an s2k,
i 've been thinking about pulling out a student loan for it <_< since im still in college.
Or find an easier dealer to work with.
i know how u feel wanting in an s2k,
i 've been thinking about pulling out a student loan for it <_< since im still in college.
Joined: Apr 2007
Posts: 1,918
Likes: 0
From: San Diego
if your making 40k a year, it shouldnt take much credit building to qualify. i made 28,000 a year when i bought my (used) s2k for 25 and i paid it off in just under 3 years.
https://www.s2ki.com/forums/index.php?showt...&#entry15414932
https://www.s2ki.com/forums/index.php?showt...&#entry15414932
Registered User
Joined: Feb 2009
Posts: 52
Likes: 0
you are a young man who seems to be on the right track. You're making a decent salary and I understand the desire to upgrade to a nice ride. My suggestion.. continue to drive a beater for a few more years and save your money. Your earnings will increase as you get older. Why saddle yourself with a car payment, insurance, maintenance, ect...
As you get older, save some money, and make more money, your options for the type of car you want will increase as well.
I didn't drive a nice car until I was 33 years old. I graduated from law school at age 25 and drove a 20 year old datsun, then upgraded to a 12 year old accord. Finally, when my credit was great and I earned more money, I got a BMW, then another BMW, then an Infiniti G35. Bought an 06 S2000 this year, paid cash for it, and I'm selling it to buy an NSX. My point is there is a light at the end of the tunnel.
As you get older, save some money, and make more money, your options for the type of car you want will increase as well.
I didn't drive a nice car until I was 33 years old. I graduated from law school at age 25 and drove a 20 year old datsun, then upgraded to a 12 year old accord. Finally, when my credit was great and I earned more money, I got a BMW, then another BMW, then an Infiniti G35. Bought an 06 S2000 this year, paid cash for it, and I'm selling it to buy an NSX. My point is there is a light at the end of the tunnel.
Registered User
Joined: Feb 2009
Posts: 484
Likes: 0
From: 914 westchester new york
one thing you dont want to do is go above your means. especially with bank loans = intrest. just save up a good year of hard work and but it cash money or at least have half of the cars worth as a down payment if you cant wait. what good is a good car if you dont have enough for gas and cant go out whatever you want to do because you got to worry about payment and insurance.
