Sign In Join 



Owe more than it's worth... I'm upside down and I can't get up!

1160 messages,  Last post on Oct 22, 2009 at 7:11 PM

You are in the Smart Shopper Forum. Your Hosts are kirstie_h & tidester

What is this discussion about? Car Leasing


Messages Page 68 of 117
1
...
65
66
67
68
69
70
71
...
117
Prev
Next
Last
Go To Msg #
Search This Discussion

#663 of 1160
Re: negative equity [lemko] by kyfdx HOST
Dec 07, 2006 (8:04 am)
Reply

Replying to: lemko (Dec 07, 2006 7:40 am)

Yeah.. but, when I bought my car for $109.33/mo., I was only making $2.30/hr..
 
Top that!!
#664 of 1160
Re: negative equity [kirstie_h] by ray80
Dec 07, 2006 (9:51 am)
Reply

Replying to: kirstie_h (Dec 07, 2006 6:26 am)

'Man, you guys are older than dirt Hey, I could take that personally (although it might be true . My first car was financed ($500 dollar car) and whatever the payment was it hurt as I was only making $2.10 an hour at the time.
#665 of 1160
Re: negative equity [ray80] by kirstie_h HOST
Dec 07, 2006 (9:55 am)
Reply

Replying to: ray80 (Dec 07, 2006 9:51 am)

That comment was really meant for kyfdx, who seems to have conveniently (and probably wisely) ignored it.
 
$500? For how long did you finance?
#666 of 1160
Re: negative equity [kirstie_h] by ray80
Dec 07, 2006 (9:58 am)
Reply

Replying to: kirstie_h (Dec 07, 2006 9:55 am)

Was a long time ago, most likely a year or so, couldn't wait to get rid of it
#667 of 1160
Re: negative equity [kirstie_h] by jlawrence01
Dec 07, 2006 (10:22 am)
Reply

Replying to: kirstie_h (Dec 07, 2006 6:26 am)

Man, you guys are older than dirt
 
I just assumed that you were talking to me. (g)
#668 of 1160
financing by qbrozen
Dec 07, 2006 (10:26 am)
Reply
Geesh! you guys ARE older than dirt!
 
My first car payment EVER was on a new '97 Dodge Dakota. ~$350/mo. I've never had a payment lower than that since.
 
For reference, my highest was my wife's Pilot at $525.
#669 of 1160
Re: negative equity [div2] by w9cw
Dec 07, 2006 (1:26 pm)
Reply

Replying to: div2 (Dec 06, 2006 7:42 pm)

div2 wrote: "I doubt that I could endure owning an Elantra for 84 minutes..."
 
Funny, since I sold a Civic, and bought a 2006 Elantra (paid cash), and am happy that I did. The Elantra is a much better car than the previous generation Civic. When you've owned both as my wife and I have, you'll know what I mean.
 
Hyundai, unfortunately, is still the laughing stock with some uninformed consumers, just as Honda and Toyota were back in the '60s and '70s. I remember when I bought my first Honda - a 600 coupe in 1972; people thought I was crazy, and laughed every time I drove the car. They're not laughing at Honda now, and those who make fun of Hyundai, will also not be laughing.
 
Like Mikey was told (paraphrasing of course): "Drive one, you might like it!"
#670 of 1160
yikes! by mustangfan23
Dec 07, 2006 (2:51 pm)
Reply
Hyundai is trying to improve their image....yet, it will still be awhile before any significant changes will come about. Their long warranty is nice, much needed so I hear...
 
One other thing--never ever finance a car for 84 months!! You are just asking for negative equity. Try to set it up for 60 months and pay if off early, if possible. The main thing is to get what you can afford in the first place and don't over-pay!
#671 of 1160
Re: negative equity [kyfdx] by farout
Dec 07, 2006 (5:27 pm)
Reply

Replying to: kyfdx (Dec 07, 2006 8:04 am)

kyfdx: My first New car was a 1964 Chevy 2. Paid $2,872. My payments were $82.50 a month. I was making $600. a month. My next New car was a 1966 VW bug with pop out windows, Tax Lic., and out the door was $1,840. and I had an actual oil filter and hele coils put in so the heads did not pop. I traded it off every 50,000 miles. They were cheap and fun. My last bug was 1971 bug and it was $27??. I can't remember the exact amount. Bare in mind car prices have kept pace with houses, food and other basic staples. But, wages have gone down hill from 1985. My son in law thinks $15. an hour is pretty good. I made $16. an hour in the Carpenters Union in 1983. To compensate banks have made loans longer to keep the ecomony strong and cars for the working affordable.
 
Farout
#672 of 1160
Re: negative equity [farout] by explorerx4
Dec 07, 2006 (6:18 pm)
Reply

Replying to: farout (Dec 07, 2006 5:27 pm)

my dad bought a '74 bug with a sticker of 2200(i think).
it had a radio, which may or not have been optional.
the same dealer had porsches in the showroom. i remember seeing a 911 that had a sticker of 14,100, but did not have a radio. i was shocked(and obviously naive).
i had quite a few adventures in that car, along with others.
reminds me that i need to be more patient with my own kids.
thanks for the post.

Messages Page 68 of 117
1
...
65
66
67
68
69
70
71
...
117
Prev
Next
Last
Go To Msg #
Search This Discussion
To POST a message, please Sign In.

New? Join Now!

Forum Tools

Please sign in.
Email Address:

Password:

Forgot Password?

Search Forums

Enter Keyword(s)

Advanced Search

Browse by Vehicle



View All Vehicles
Advertisement
Ask the Community
See What People Are Asking

Browse by Board

Browse by Topic


View All Topics
Advertisement