S2KI Honda S2000 Forums

Off-topic Talk Where overpaid, underworked S2000 owners waste the worst part of their days before the drive home. This forum is for general chit chat and discussions not covered by the other off-topic forums.

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Old Jan 19, 2010 | 01:20 PM
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sorry guys, i might have made it sound worse than it is. i will always be able to make the payment, i just don't really have much money left after i pay the bank. im never gonna have to go bankrupt or default, i do have options to fall back on, i just choose not to use/burn those bridges unless its absolutely necessary. and if it did come down to the car being repoed, it would dissappear.
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Old Jan 19, 2010 | 02:01 PM
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Well that's good to hear. After 2 pages of nothing definite, I figured it needed to be out put out there. I hope it works out for you.
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Old Jan 19, 2010 | 02:10 PM
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Originally Posted by PRB2000,Jan 19 2010, 05:20 PM
sorry guys, i might have made it sound worse than it is. i will always be able to make the payment, i just don't really have much money left after i pay the bank. im never gonna have to go bankrupt or default, i do have options to fall back on, i just choose not to use/burn those bridges unless its absolutely necessary. and if it did come down to the car being repoed, it would dissappear.
Quoted for future fraud case.




Get a 2nd or 3rd job, and pay it off ASAP.
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Old Jan 19, 2010 | 02:23 PM
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Originally Posted by PRB2000,Jan 19 2010, 05:20 PM
sorry guys, i might have made it sound worse than it is. i will always be able to make the payment, i just don't really have much money left after i pay the bank. im never gonna have to go bankrupt or default, i do have options to fall back on, i just choose not to use/burn those bridges unless its absolutely necessary. and if it did come down to the car being repoed, it would dissappear.
Good luck with that. You're not the first person to have thought about that. You do realize that you will basically not be able to drive that car for quite some time, possibly months? The repo companies will not give up quite that easily, they will keep trying. The moment you let that car out of your sight, they will come and take it. Your credit will be shot, and you will not be able to finance another car. Given your credit score, your carelessness with your financial and your overall attitude, I seriously doubt that you have money saved up to be able to pay cash for anything but a beater.
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Old Jan 19, 2010 | 02:50 PM
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Originally Posted by PRB2000,Jan 19 2010, 01:01 PM
they made it a pain to pay extra on the principle. if i merely pay more in one month than whats due, they apply it to next month, interest and all.
Is there a prepayment penalty if you pay it off in full? This is effectively what happens if you move the loan.
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Old Jan 19, 2010 | 03:12 PM
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Originally Posted by dammitjim,Jan 19 2010, 11:50 PM
Is there a prepayment penalty if you pay it off in full? This is effectively what happens if you move the loan.
Good question. Is there a penalty?
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Old Jan 19, 2010 | 03:38 PM
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Originally Posted by Incubus,Jan 19 2010, 04:12 PM
Good question. Is there a penalty?
In the OP's case, the better question would be...

Whats a penalty?
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Old Jan 19, 2010 | 04:01 PM
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For sale: 2002 Honda S2000, high miles, not very well taken care of. Price: $24,000, because that's how much I owe on it...
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Old Jan 19, 2010 | 04:32 PM
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Why don't people just buy stuff anymore? You should have waited until you could afford the car. Loans are good for one thing, a house. I guess that's why the economy crashed.
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Old Jan 19, 2010 | 04:42 PM
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Originally Posted by clawhammer,Jan 19 2010, 05:01 PM
For sale: 2002 Honda S2000, high miles, not very well taken care of. Price: $24,000, because that's how much I owe on it...
why are you being an ass....
because i made a mistake and got a car i've dreamed about for years?
and what makes you think it's not well taken care of? my fiance is jealous of the car.
it's a mistake i made and i'm gonna pay for it, why do you have to rub it in and try to bring me down lower than i already am. thanks.
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