Financing a mustang!!!!
6/14/12, 01:38 PM
#1
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Financing a mustang!!!!
Just curious as to how long can you finance a mustang as far as the boss 302 and the gt500 beings they are $50,0000 + cars?
6/14/12, 02:58 PM
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Depends on credit is the right answer here. There's a million variables. But to the best of my knowledge 96 months is the longest finance term available.
But my knowledge base is in used car sales, not new....
But my knowledge base is in used car sales, not new....
6/14/12, 04:57 PM
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The longest ive ever financed was 60 months but i was just curious! My credit is great so that wouldnt be an issue. Just wondering can they make financing affordable for these cars or are people paying $800-$1000 car notes? Just curious.
6/14/12, 05:31 PM
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IMO if you can't put 25-50% of the purchase cost down upfront you should wait a little longer and save some more money, or buy something less expensive. But that's just me, and at work we finance people with 0 down all the time, so it's all up to what you want to do I suppose.
6/14/12, 05:35 PM
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Of course if you really wanted to make the car "affordable" and you have a reasonable amount of equity in your home you could always refi and roll the car loan into your mortgage. We have people do that a lot at work too.
6/16/12, 03:42 PM
#9
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I think that a down payment is really the best way to make the car affordable. The whole logic of "get an infinitely long term so I can afford very expensive car" doesn't sit well with me.
IMO if you can't put 25-50% of the purchase cost down upfront you should wait a little longer and save some more money, or buy something less expensive. But that's just me, and at work we finance people with 0 down all the time, so it's all up to what you want to do I suppose.
IMO if you can't put 25-50% of the purchase cost down upfront you should wait a little longer and save some more money, or buy something less expensive. But that's just me, and at work we finance people with 0 down all the time, so it's all up to what you want to do I suppose.
6/16/12, 04:31 PM
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is going to smack them in the face and before you know it those "gorgeous in every detail" 2012's are going to be snatched up, and there goes your elusive Kona Blue!
6/18/12, 09:15 AM
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Me personally I would not pay more than 5yrs for a car, I try 4yrs when possible but 5yrs is my max. If I have to stretch the years out to make it a affordable then in my mind I cannot afford it.
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