good choice in cars

yes white and tan in 04

never ever put any money down
when purchasing a car
dealers can carry upto 120% of the loan,
sometimes greater

ex: if you buy a 10k car, the financial institutions
will let them carry another 2k (20%) for warranty, tire,
or winshield, lojack and other crap thats lines their
pockets.

i have never put a penny down, not even to pay taxes,
when i purchase a vehicle.
what i suggest is extended the lenght of the contract to 60 mos.
and make payments greater than what you agreed upon.
you can also cut the 5k check, you want to use a deposit,
to honda or whoever financed it after you take delivery.

my .02 cents

 

I put a list of links together of mods that you can do by yourself. The top down is listed there as well. It also gives you some idea of what can be done:

http://www.s2katlanta.com/%7Es2katl/forum/...hread.php?t=909

Also, if you want to check out the aftermarket for this car, then there's no better plact to start than here:

http://www.s2katlanta.com/%7Es2katl/forum/...hread.php?t=719

Remember that most mods give very little performance gain on this car. It's very well tuned form the factory and short of a supercharger or turbo, you won't find anything that really gives a lot.

Also, join a local club and get some track time. It's the most fun you'll ever have and will definitely know the car a lot better afterward. Just make sure you know how much new tires cost

 

thanks alot guys! i love the s2k, and of what i heard the community of s2k owners are very nice, is there any young s2k owners, like 18 years old?

thanks for the links man

i think i'll just stop at a red light also then lol

 

[quote name='J_305' date='Feb 16 2005, 07:36 PM'] well guys after alot of research and reading and comparing...i have finally decided that the honda s2000 well be the car for me.

 

I was 18 when I got my first S2000. 19 when I got my '04, 20 now...

 

yes but if don't do it with my brothers credit...i don't know how much im going to be paying....im pretty sure it will be alot..

so if i put a viper alarm... i won't get the gains i should from I/H/E? is there a alarm that won't do this? or a modification you can do?

 

This is, IMNSHO, very odd advice as a blanket statement. Better advice, I think, would be to make sure that you negotiate a price independent of financing, and that you do some serious shopping around to get the best rates on the financing, since dealer financing often is more expensive than what you can get at your bank.

Figure out what payment you can comfortably make, and tailor your down payment to that figure. Debt is neither good nor bad in the abstract--it can perfectly good financial planning to finance 120% of your car, or to pay for it with cash, depending on your financial situation, interest rates, and what else productive you might do with your money. However, there can be a strong temptation to "spend your money twice" when you finance a large purchase, so that you now have a lot of debt, and you've frittered away your cash.

There are endless stories on this and other boards of people who are under water in their car loans, and keep flipping cars, and getting more and more under water. Personally, I'm not very big on car debt, since it can be so tempting to buy more car than you can really afford, since you can stretch the payments out forever, and borrow perhaps even more than the purchase price. YMMV, but be careful with debt.

If you want to get a new 2004, you're probably running out of opportunities, since I would be surprised if any will be left in April.

 

This is the most ignorant financial post/comment I have seen in some time. Please don't post something unless you know what you are talking about.

Do the PV calc (you know what that is?) and you'll see that financing LESS (other than at 0% interest) is better than financing more. Simple.

 

Uhhm gotta join the finance less crew. Not sure the advise on 120% financing is the way to go...

 

I think Honda606 left out some punctuation. He meant that if you install an aftermarket alarm, the factory alarm immobilizer won't work (not that the new one wouldn't have an immobilizer).

On a separate question of yours he meant to say that adding an I/H/E won't bring much power. These cars are pretty much tweaked out. He just forgot the period and maybe a comma or two.

The alarm and new I/H/E don't have anything to do with each other.