Well i am coming back from Iraq in a month with 12,000 in my pocket and i want to buy a 2004 s2000 the only problem is i only have like a 630 credit score i am not affriad to drop all my money on the car I am just debating if they will finance me or should i just get like a loan to pay the s2000 off with like USAA or something I already have a loan with USAA which i used to buy a full suspensionfor my 93 EG6 before i left so now i plan on paying off the loan and selling my civic hatchback when i get back so i should pocket like 15-16,000 what do you all think i am 22 and in the military so maybe that will help i deffiantly have no problem paying bills at all i am just really excited about coming home and buy the car of my dreams

 

I'm 21. Came back from Iraq in late April (Taji), but I came back with enough to buy an 04 s2k outright, which was 22k in my case. If you had 16k, I'm sure a 5-6k dollar loan isn't out of reach, just make sure you account for your daily expenses, insurance, tax, tag, title crap, etc. I know that even though those seem like the obvious for the civillians, after having to only worry about the mission and keeping yourself alive, the small things like this fade from importance, but when you return, they are just as present as they were from before you left.

Which unit were you with and whats your rank?

 

I know alot of honda dealers still have 2006's in stock, you could try to go for one of those, and get a better interest rate, if your approved. I know the dealers around here are practically giving those away for like $29,000 and under. Thank you for your service to our country, your s2k will be well deserved

 

[QUOTE=JigSAW457,May 27 2007, 11:32 AM] I know alot of honda dealers still have 2006's in stock, you could try to go for one of those, and get a better interest rate, if your approved. I know the dealers around here are practically giving those away for like $29,000 and under. Thank for your service to our country, your s2k will be well deserved

 

USAA is great.

I came back in early 06 and came back with around 17k because I never had time to spend it since I wasn't hardly ever inside the wire.

You should easily be able to afford an 04-05 especially if you live in the barracks because you keep all your money basically.

 

I'm still in Iraq (contractor) (Tikrit), honestly I think you should think twice before dumping all your earnings on a car...its not the brightest thing to do.

If you seriously think you can get 15-16k for a 93EK then I would suggest using what you can from that and get an AP1 S2k and hopefully without the need for a loan.

I would bank the money (save it) and work on future plans like what you plan on doing after the military/where the military will take you if you go career.

The car will be fun but its not always the best choice; I am adding all my earnings to my savings account which will eventually cover a large sum of a house.

 

Wear a uniform when you go in. My co-workers son wore his Marines uniform when talking to a dealership and they took care of him better than when he was in plain clothes.

 

The thing is being active you have no bills so he could easily afford the payments. I dropped 10k on my 350z and easily paid that,insurance etc and still never touched the other 8k I saved.

Oh and for the love of God don't go to a dealership near your base.

If they're anything like the ones in lejeune they will all try and rook you.

 

I'm pretty sure he meant 15-16k including the sale of his EG. I agree though, if you can make a little higher of a mo/ payment, I wouldn't just go and spend ALL of it right away. Maybe put like 7-8k down, keep the rest in the bank. Just my 2cents. Glad your coming back all good though. Have a good ass time when you get back.

 

Congrats on coming back! I haven't had to go over... yet Make sure to be wise with your money though. I saved up money from the Army and bought a new 05' S2K with all the money I had, but then when I realized I needed to move down to Miami I had to sell it so I could better pay for school. I basically threw away a crazy amount of money. But you will be extremely happy with the S2K! I will be making the big bucks soon and will get another You won't regret the S2K, just make sure you can afford it.

Also, periods in sentences are your friend lol