Last post on Jan 19, 2010 at 11:35 PM
You are in the Smart Shopper
What is this discussion about?
#16 of 25 Re: Need advice-urgent [needtofinance]
May 27, 2008 (10:16 am)
If you do get approved, the rate is gonna choke you.
You are looking at high teens to low 20's.
Personally, I'd find a cheaper car.
I'd also look domestic as Ford Credit or GMAC may be more willing to give you a more humane rate.
#17 of 25 Re: Need advice-urgent [black_tulip]
May 27, 2008 (12:16 pm)
"Thanks for any help you can give."
Pay your bills.
" Many of the bads are medical bills from 2 years ago"
Buy health insurance instead of SUVs.
"We found a Honda Pilot-2008- with only 5 miles on it for $24888.00. I"
Buy cheaper cars instead of SUVs. Imagine for a moment that by some fluke, you are able to "buy" it. Are you then going to stiff your creditors for the gas bills?
"Is there any hope for us? "
Only if you learn to live within your means.
What an ass.
#18 of 25 Re: Need advice-urgent [joel0622]
by kirstie_h HOST
May 28, 2008 (7:49 am)
OK, let's check the hostility. Unless the poster has a time machine, retroactively-applicable advice won't help and just comes off as being self-righteous.
#20 of 25 Re: New Vehicle Financing: What Rate Can I Get? [kirstie_h]
Jan 08, 2010 (4:48 am)
Hey I guess, there has been new reforms in auto loans. Isn't it?
Please share, I would like to know about it
#21 of 25 Re: New Vehicle Financing: What Rate Can I Get? [arg4]
by kirstie_h HOST
Jan 08, 2010 (1:51 pm)
My message, which you responded to, is about 3.5 years old, so there wouldn't be anything "new" about that.
If you have questions about auto loans, please be specific - however, since this site focuses on the North American auto consumer, our information may not apply to your situation.
#23 of 25 Re: fico score financing question [fades_spins]
Jan 19, 2010 (11:05 pm)
This happens to almost all the car owners. The reason is simple, the depreciation rate for a vehicle is more (For a luxury cars, this is far higher!). After paying their EMI for a year or two, every car owners will find they are paying more for a loan where it real worth (present worth of the vehicle will be less due to depreciation, market condition, technology etc, etc.,)
Like (more than) paying the insurance, the best thing you can do is to try for car loan modification.
I hope autoreliefgroup can help you in this case!
#24 of 25 Are we Paying More for our car???
Jan 19, 2010 (11:35 pm)
I have observed many pf the car owners are paying more for their cars. It seems they have not noticed that their car has depreciated almost 10% - 20% or even 30% but still pay for that 100% amount. How many of you have similar situation?
Wonder how to get relieved from this??