PDA

View Full Version : IMPORTANT: Opinions wanted....



VRADA
29-04-2006, 10:04 AM
Alright heres the deal...

I have two options up for discussion.
1st option: Buy a set of 19" zenetti kaotiks in black from tempe tyres for around the $2500 mark and then start saving for supercharger kit (by saving i mean pay off wheels and then just put kit on credit card)

2nd option: Just lower car on 17s that i already have and then put kit on card; without already having $2500 against it.

And im not after the "if you want performance keep 17s cause their lighter and supercharger it."

Cheers,
Russell

P.s. looking at getting the lowering or new wheels done this week coming.

Mr Bishi
29-04-2006, 10:06 AM
id say get it lowered first, then do your supercharger, once youve payed off that then get your rims,

VRADA
29-04-2006, 10:06 AM
http://www.tempetyres.com.au/products_closeup.asp?part=&part_no=633
The wheels in question...

VRADA
29-04-2006, 10:08 AM
id say get it lowered first, then do your supercharger, once youve payed off that then get your rims,

yeah that would be the logical option, and im glad to mentioned it...
thing is im at the greedy stage where i just wanna do everything and be done with it. rather than constantly spending my money in bits over the thing and live on crumbs....

Mr Bishi
29-04-2006, 10:11 AM
well if you can afford to put it on your card then, get the rims, dump it as much as u can, and get the kit.

mysti
29-04-2006, 10:50 AM
Russ.. pick a better set of rims.. then when I approve, you can buy them. :P

Lower the car on the wheels youve got & supercharge :D :D :D

GoTRICE
29-04-2006, 12:57 PM
yeah i'd lower on the 17's then supercharge it....those wheels look good too don't get dinner plates they are gay to the max..

Bruno
29-04-2006, 04:09 PM
I guess it comes down to you?
Are you a;
driver, or a
posser

if you were a driver you would get the power:cool:

if you like to wear make-up in a pretty car, get the wheels:badgrin:

ReallyArt
29-04-2006, 04:11 PM
Alright heres the deal...

I have two options up for discussion.
1st option: Buy a set of 19" zenetti kaotiks in black from tempe tyres for around the $2500 mark and then start saving for supercharger kit (by saving i mean pay off wheels and then just put kit on credit card)

2nd option: Just lower car on 17s that i already have and then put kit on card; without already having $2500 against it.

And im not after the "if you want performance keep 17s cause their lighter and supercharger it."

Cheers,
Russell

P.s. looking at getting the lowering or new wheels done this week coming.


No point asking me. You know what I'm going to say.

If you put off buying the supercharger you won't get it done because it's easy to talk yourself out of spending over $7000.

Get the supercharger first.


.

[J3RK]
29-04-2006, 04:19 PM
i love those rims! ive been considering them!
id go supercharge anyday!
who cares what ur wheels look like if u have a supercharger to play with lol
(unless u have hubcaps) lol

_stonesour_
29-04-2006, 04:23 PM
haha havnt seen vault kaotiks on a magna b4:P

get the charger first much more fun to be had with it then bling

piv
29-04-2006, 05:17 PM
Stick with the 17s, they'll look fine and you wont have such a massive debt to pay off.

Jasons VRX
29-04-2006, 10:05 PM
Wheels wont make ur car faster but the supercharger will. As someone said before are u a poser or a driver? Go the lowering and engine mods... Hell ive only got 17's on my car, nothing wrong with that. :D

VRADA
29-04-2006, 10:07 PM
thanks for the replies...
Im going to please some and not other when i say that i went across earlier today and had a look.
And i definately think im going to go the wheels; different to what i had asked the wheels will now be 20s not 19s, haha if ur gunna go 'bling' then u gotta go big.

Ill just have to pay these off then extend the credit limit and get the blower.
then i can spend the whole of 2007 paying back for that =) haha

*would put up camera phone pics (took some with wheel up against car) but this add url link thing is beyond me, wish u could just add attachment like hotmail.

VRADA
29-04-2006, 10:08 PM
Russ.. pick a better set of rims.. then when I approve, you can buy them. :P



these are the ones im afraid tanya.... end of the day i gotta be happy with them; not be happy knowing that tanya is happy :cool:

VRADA
29-04-2006, 10:10 PM
Wheels wont make ur car faster but the supercharger will. As someone said before are u a poser or a driver? Go the lowering and engine mods... Hell ive only got 17's on my car, nothing wrong with that. :D


sorry to disappoint, wanna get 'da looks, then the speed to match' haha

respect your opinion and have thought about it, but theres no reason why i cant do both.

who needs a house when i can have a sick magna :doubt:

Ralliart-AKKO
29-04-2006, 10:28 PM
And i definately think im going to go the wheels; different to what i had asked the wheels will now be 20s not 19s, haha if ur gunna go 'bling' then u gotta go big.


Wouldn't mind these in 19's myself, 8.0" wide at the front and slightly wider at the back e.g. 9.5".

Gotta have some lip / dish if it'll fit....

Jasons VRX
29-04-2006, 10:35 PM
sorry to disappoint, wanna get 'da looks, then the speed to match' haha

respect your opinion and have thought about it, but theres no reason why i cant do both.

who needs a house when i can have a sick magna :doubt:

If u want speed, i think you should do a manual gearbox conversion first. :D

Bling to me doesnt mean much and never really will, thats why my car is in boring old white with just a factory kit, it keeps the unwanted attention (police) away from me but i can rub shoulders with the fast boys when i need to. :badgrin:

VRADA
29-04-2006, 10:44 PM
Wouldn't mind these in 19's myself, 8.0" wide at the front and slightly wider at the back e.g. 9.5".

Gotta have some lip / dish if it'll fit....

The 20s arent much more so i figured why not, better than getting 19s and then wanting 20s

they are 20*8.5 so wide enough 4 me....

VRADA
29-04-2006, 10:48 PM
If u want speed, i think you should do a manual gearbox conversion first. :D

Bling to me doesnt mean much and never really will, thats why my car is in boring old white with just a factory kit, it keeps the unwanted attention (police) away from me but i can rub shoulders with the fast boys when i need to. :badgrin:

end of the day its a cruiser, and im lazy and more than happy with an auto :D

Dee
29-04-2006, 10:48 PM
lets be like deeeeeeeeeeeeeeeeeeee

;D

i shall live through you.. i was thinking of black.. but doesnt suit gunmetal... we can pose and wear makeup together :D

Ralliart-AKKO
29-04-2006, 10:51 PM
The 20s arent much more so i figured why not, better than getting 19s and then wanting 20s

they are 20*8.5 so wide enough 4 me....

True, hope you can get a tire with the right load-rating for a 20" rim to go on a Magna...

Dee
29-04-2006, 10:53 PM
True, hope you can get a tire with the right load-rating for a 20" rim to go on a Magna...

if a cop checks out the tyre... hes kinda gonna notice your illegal rims too... :D

VRADA
29-04-2006, 10:58 PM
if a cop checks out the tyre... hes kinda gonna notice your illegal rims too... :D


Thats why ill get it legally engineered.... better to pay for the certificate than a thousand defect tests and fines

Dee
29-04-2006, 11:00 PM
yer i said i'd do that too... one day.

ive just kept my stockies... its the only illegal thing on the car (other than height, but thats adjustable).

but id get them engineeered.. one day.

VRADA
29-04-2006, 11:01 PM
lets be like deeeeeeeeeeeeeeeeeeee

;D

i shall live through you.. i was thinking of black.. but doesnt suit gunmetal... we can pose and wear makeup together :D

more like, lets be like me now that i can afford it. Ive wanted these rims for about a year and a half, just never had the 'magic money' (credit card) till recently.

"we can pose and wear makeup together"
haha yeah, pity im a guy though; doesnt look as good on me

Dee
29-04-2006, 11:06 PM
"we can pose and wear makeup together"
haha yeah, pity im a guy though; doesnt look as good on me

nonsense.. ive seen u working your corner ;)

Bruno
30-04-2006, 08:14 AM
HaHa :drool:
Maybe you two can put a makeup thread:gtfo:

VRADA
30-04-2006, 11:48 PM
Just in case ppl are interested in the general idea of the look im going for....

http://i60.photobucket.com/albums/h28/VRADA/Rims2.jpg

http://i60.photobucket.com/albums/h28/VRADA/Rims.jpg

cheers,
Russell

Magtone
01-05-2006, 06:41 AM
Russ.. pick a better set of rims.. then when I approve, you can buy them. :P

Lower the car on the wheels youve got & supercharge :D :D :D

:stoopid:

i think the dark wheels are gonna clash with the dark car. will almost look stock rolling.

Bain
01-05-2006, 07:00 AM
Pimp.. such a stupid word for doing mods to your car.. Its not a lincoln, or any other big american barge. So it will never be 'pimpin'..

Having said that, go the wheels over the supercharger. $7000 is such a waste of money for the gain you get. Id hardly call $1000 per 10kw a worth while gain..

Be happy that your car is unique, no matter what you put under the bonnet, a mildy modified skyline, rex, xr6t, rotar is going to beat you.

In closing, mod the outside and inside of your car.. Less is more is the key though.

KING EGO
01-05-2006, 07:03 AM
lets be like deeeeeeeeeeeeeeeeeeee

;D

i shall live through you.. i was thinking of black.. but doesnt suit gunmetal... we can pose and wear makeup together :D


Can i wear the orange lipstick..:P

muzza_oz
01-05-2006, 07:22 AM
hahahaha just letting ya know that veradas are made for 20's, you wont need to go fast if ya have a pimpin rada. essential to lower though, squishy suspension no good.

VRADA
01-05-2006, 09:17 AM
Pimp.. such a stupid word for doing mods to your car.. Its not a lincoln, or any other big american barge. So it will never be 'pimpin'..

Having said that, go the wheels over the supercharger. $7000 is such a waste of money for the gain you get. Id hardly call $1000 per 10kw a worth while gain..

Be happy that your car is unique, no matter what you put under the bonnet, a mildy modified skyline, rex, xr6t, rotar is going to beat you.

In closing, mod the outside and inside of your car.. Less is more is the key though.


Im still thinking supercharging. but yes i think its worth being happy with the outside and then deciding if id be happy parting with the $7000
Im not going pimp, more so a classy, 'jap' (in reference to black on black) ganster look =)

VRADA
01-05-2006, 09:17 AM
:stoopid:

i think the dark wheels are gonna clash with the dark car. will almost look stock rolling.

well then i recommend u dont follow my path, personally i think its gunna look hot...

DOG13S
01-05-2006, 01:18 PM
Im still thinking supercharging. but yes i think its worth being happy with the outside and then deciding if id be happy parting with the $7000
Im not going pimp, more so a classy, 'jap' (in reference to black on black) ganster look =)

Might I suggest prior to you getting the wheels that you actually check with sprintex regarding stock for the supercharger. my understanding is that they only have afew and won't be building more, as they are committed to producing superchargers for higher demand vehicles and cycles.

VRADA
01-05-2006, 01:24 PM
Might I suggest prior to you getting the wheels that you actually check with sprintex regarding stock for the supercharger. my understanding is that they only have afew and won't be building more, as they are committed to producing superchargers for higher demand vehicles and cycles.

Thats a good point, thanks for that....
Ill drop them an email today to see. Wouldnt wanna miss out, maybe i could buy the kit now and sell it down the track un used to someone who missed out :badgrin: say $10G hahahahaha

thanks for the input though, a valid point. Still getting the wheels though, maybe ill just have to go into some debt for the blower
-Russell

Dee
01-05-2006, 01:31 PM
bugger the supercharger on the magna ... you will still get ur ass handed to you if you go up against anyone that matters (as it high respect kw people). Its seriously something you should not go into debt for. Same with the wheels i reckon.. why take $$ out on an depreciating asset. COme time for round 2 on tyres, your CC will probobly be maxed out and then that'll suck :D Although wheels can be paid off quicker than a supercharger.. your in sydney.. so your going to be stuck in traffic.. you might as well do that in style rather than chew petrol from bumper to bumper.

Just go the rims... =]
I sat on hubcaps for a year to accumulate cash so i could pay for my rims in cash. Hehe.

my 2c.

VRADA
01-05-2006, 01:37 PM
bugger the supercharger on the magna ... you will still get ur ass handed to you if you go up against anyone that matters (as it high respect kw people). Its seriously something you should not go into debt for. Same with the wheels i reckon.. why take $$ out on an depreciating asset. COme time for round 2 on tyres, your CC will probobly be maxed out and then that'll suck :D Although wheels can be paid off quicker than a supercharger.. your in sydney.. so your going to be stuck in traffic.. you might as well do that in style rather than chew petrol from bumper to bumper.

Just go the rims... =]
I sat on hubcaps for a year to accumulate cash so i could pay for my rims in cash. Hehe.

my 2c.

thankyou for your 2c, heres my 50cent! haha

Ive already got 17s. stuff rolling on hubcaps.
I got some money, credit card is fine by me just means i can have em now rather than later.

We'll see about the blower, would be cool and just cause i wont be beating rx3's doesnt mean its not good.
If my car was up with v8s and wrx's in stock form or slightly modified then id be cheering

Bain
01-05-2006, 02:03 PM
We'll see about the blower, would be cool and just cause i wont be beating rx3's doesnt mean its not good.
If my car was up with v8s and wrx's in stock form or slightly modified then id be cheering

Whats the fun beating a stock car with a modified one?

Ice_Magik
01-05-2006, 02:23 PM
i'd hardly call a v8 or a wrx an average run of the mill stock car.

Yes, essentially, they might be stock, as that's how they've run out of the manufacturer, but they are still highly powered vehicles...which is where im guessing the owner of this thread wants to be.

M4DDOG
01-05-2006, 02:35 PM
VRADA - I'm not having a go at you, but i think your attitude is a dangerous one. Seems like you want to spend up big now on the CC and spend the year paying it off?
Do you realise the amount of interest you're going to pay?
If i had to chose though, i wouldn't bother with the rims for now, 17's is hardly a crap size.
As for the supercharger, not quite sure if it would be worth it on an auto verada.
But yeh, it's your money, and your decision :).

heathyoung
01-05-2006, 02:40 PM
Exactly - doesn't make too much financial sense, you would be better off getting a personal loan - much better interest rates, and you can pay it off longer if you choose...

Credit cards are truly the work of the devil (aka banks) :rant:

Cheers
Heath Young

Steve
01-05-2006, 06:21 PM
Russ,

Do you really need to go faster?

Are you still on your P's and I do remember that you have lost your licence at least once before.

I also look and see that you have a thread about your car being defected recently.

If you supercharge your car then you will most likely end up in all sorts of licence greif. Not to mention walking for the next however long, whilst paying off a huge credit card for a car that you can't drive cause you have no licence. Meaning that the only people that benefit from your hard earned cash are the people you get to drive you around in it, or the person who buys it cheap cause you can't drive it. And the copper who gets to practic writting tickets causehe caught you doing mach 10.

All that said, If you are going with the wheels, which look good, get them then get it lowered to suit the new wheels. The easiest way to lower the car is to have the wheels on it. Then you get it lowered to suit the height of the wheels.

Or get coil overs and go up and down as you please.

By remaining relatively stock mechanically, you will keep reliability and fuel consumption. But you will most likely limit nasty Police interactions, infringements and trips to the RTA to clear defects.

i'm not saying don't do it, just consider these points.

moufassa
01-05-2006, 07:39 PM
Whats the fun beating a stock car with a modified one?

Totally off-topic, but your "heavily-modified TL VRX" has been so heavily modified that it looks suspiciously like a Ford XR6/8!

Just wanted to point that out. :D

(Yes I know my Solara looks like a heavily-modified Executive :P)

VRADA
01-05-2006, 08:03 PM
VRADA - I'm not having a go at you, but i think your attitude is a dangerous one. Seems like you want to spend up big now on the CC and spend the year paying it off?
Do you realise the amount of interest you're going to pay?
If i had to chose though, i wouldn't bother with the rims for now, 17's is hardly a crap size.
As for the supercharger, not quite sure if it would be worth it on an auto verada.
But yeh, it's your money, and your decision :).

understand wat ur saying but the interest was higher on personal loan and parents preferred me getting card a while back. Im not bothered about the couple hundred in interest. U dont know how easy/hard it is for me to pay back. always aim high (a year) so u dont run into surprises is my theory

appreciate ur comments though. :)

VRADA
01-05-2006, 08:10 PM
Russ,

Do you really need to go faster?

Are you still on your P's and I do remember that you have lost your licence at least once before.

I also look and see that you have a thread about your car being defected recently.

If you supercharge your car then you will most likely end up in all sorts of licence greif. Not to mention walking for the next however long, whilst paying off a huge credit card for a car that you can't drive cause you have no licence. Meaning that the only people that benefit from your hard earned cash are the people you get to drive you around in it, or the person who buys it cheap cause you can't drive it. And the copper who gets to practic writting tickets causehe caught you doing mach 10.

All that said, If you are going with the wheels, which look good, get them then get it lowered to suit the new wheels. The easiest way to lower the car is to have the wheels on it. Then you get it lowered to suit the height of the wheels.

Or get coil overs and go up and down as you please.

By remaining relatively stock mechanically, you will keep reliability and fuel consumption. But you will most likely limit nasty Police interactions, infringements and trips to the RTA to clear defects.

i'm not saying don't do it, just consider these points.

ok, heres a decent post size to reply to....
haha

nah man, on my full licence... yes i have had a 3 month suspension last year. and yes an undercover highway did feel my exhaust to be too loud. not a big issue im my eyes.(wasnt fined for it, just asked to get it tested)

haha, u seem to think im a fast driver or something. Thats in the past my friend, i drive a verada, doesnt go fast, was just going downhill when caught last time thats all.

i appreciate everyones concerns for my finances, but i have some money not too worry. building up a credit rating here, plus u all seem to forget the 55day interest free period. thats 2 months free.....

"If you are going with the wheels, which look good," finally some positive replies, thankyou yes i think they look good too! hahalol
yes i am aware of the lowering to the height of the wheels principle. wasnt intending on dropping it on the 17s then going 20s..... 500 a pop would be alittle silly changing it.

Coilovers not for me, too expensive for what they are. im not a track racer dont need that customability


U can get whole car engineered u know, not just wheels. then all i have to do is send a copy the rta's way and they make the trouble disappear.
plus isnt sprintex adr approved? better than a single gt30 setup i was originally thinking of doing myself....

M4DDOG
02-05-2006, 07:34 AM
If you can afford to pay it off in 2 months, go for it :). I just assumed when you said "magic money" and that you'd pay it off for a year, meant you didn't have all that much money on hand. With such a big purchase, why not save up half, and put the other half on the card? Saves abit of interest.
Also what about insurance? i doubt 20's will be insurable (esp. if you're a p plater) unless you go with justcars.
But yeh, if you can afford it, go for it :).

VRADA
02-05-2006, 01:01 PM
If you can afford to pay it off in 2 months, go for it :). I just assumed when you said "magic money" and that you'd pay it off for a year, meant you didn't have all that much money on hand. With such a big purchase, why not save up half, and put the other half on the card? Saves abit of interest.
Also what about insurance? i doubt 20's will be insurable (esp. if you're a p plater) unless you go with justcars.
But yeh, if you can afford it, go for it :).


Im not a p plater! haha bloody hell....
i have my full licence and no 20's will not be an issue.
car is insured with just car, i have unlimited modifications providing their road legal which the 20s will technically be after engineering.

M4DDOG
02-05-2006, 01:18 PM
Im not a p plater! haha bloody hell....
i have my full licence and no 20's will not be an issue.
car is insured with just car, i have unlimited modifications providing their road legal which the 20s will technically be after engineering.
lol Well looks like you've got it all worked out :P.
At the end of the day, you're going to do what you want to do no matter what people say on here. Have fun! :D.

Bain
02-05-2006, 01:54 PM
i appreciate everyones concerns for my finances, but i have some money not too worry. building up a credit rating here, plus u all seem to forget the 55day interest free period. thats 2 months free.....


Actually its not 55 days from purchase. Normal interest cycles are towards the end of each month. The 55 day interest free just adds 25 days to it.

So if you buy those rims, make sure you buy them the day after the '55 interest free' calculates.

valaxy66
02-05-2006, 01:55 PM
just get everything, simple as that, i can see you want everything, so just get everything, the wheels and the charger

Disciple
02-05-2006, 01:57 PM
Actually its not 55 days from purchase. Normal interest cycles are towards the end of each month. The 55 day interest free just adds 25 days to it.

So if you buy those rims, make sure you buy them the day after the '55 interest free' calculates.
Depends who the card is with. I know for me and the missus, we have a credit card with Coles Myer (Coles Myer Source Card) and the interest free period is from date of purchase. Even if you purchase something today, then purchase something else in 2 weeks, the interest free period on the item you purchase in 2 weeks starts from the date of purchase again.

M4DDOG
02-05-2006, 02:00 PM
Depends who the card is with. I know for me and the missus, we have a credit card with Coles Myer (Coles Myer Source Card) and the interest free period is from date of purchase. Even if you purchase something today, then purchase something else in 2 weeks, the interest free period on the item you purchase in 2 weeks starts from the date of purchase again.
I was told this is also the same for my Westpac card by the bank. But also from a different teller i got what Bain said. So i'm confused. I never leave the card long enough to pay interest, always pay it off quickly.

BR377
02-05-2006, 02:04 PM
www.abetterdeal.com.au

Lite Mastercard 8% ongoing interest rate and 55 days interest free, also $45 a year fee which is less then most :)

VR33XY
02-05-2006, 02:16 PM
A bit OT, but I cant believe people will take out a loan to purchase rims! Call me old fashioned, but if your flushing a little cash on a liability, you dont take out a loan to pay for it!

M4DDOG
02-05-2006, 02:22 PM
A bit OT, but I cant believe people will take out a loan to purchase rims! Call me old fashioned, but if your flushing a little cash on a liability, you dont take out a loan to pay for it!
Did you pay for your house with cash?
Thats a pretty HUGE liability.

Bain
02-05-2006, 02:28 PM
Depends who the card is with. I know for me and the missus, we have a credit card with Coles Myer (Coles Myer Source Card) and the interest free period is from date of purchase. Even if you purchase something today, then purchase something else in 2 weeks, the interest free period on the item you purchase in 2 weeks starts from the date of purchase again.

You may want to go an re-read your terms and conditions as thats not the case.

Nor is it for any creditcard that has the 50 - 65day interest free periods. The statements alone that get sent out to you would be way to confusing on what you owe interest on and what you dont...



http://www.colesmyercard.com.au/benefits.asp

Up to 62 days interest free
You'll receive up to 62 interest free days on purchases made on your Coles Myer Card®. Just pay your account in full by the due date each month and you'll have no interest to pay.


Some cards calculate every 55 days, others have clauses like the above that state you have to zero the card in full for the 0 interest to apply.

Disciple
02-05-2006, 02:28 PM
www.abetterdeal.com.au

Lite Mastercard 8% ongoing interest rate and 55 days interest free, also $45 a year fee which is less then most :)
Dude, that's a rip. Coles Myer doesn't have an annual fee, 62 days interest free, but the interest is higher (bout 17% I think) but we always pay it off within the 2 months so we never pay interest.

Disciple
02-05-2006, 02:30 PM
You may want to go an re-read your terms and conditions as thats not the case.

Nor is it for any creditcard that has the 50 - 65day interest free periods. The statements alone that get sent out to you would be way to confusing on what you owe interest on and what you dont...



Some cards calculate every 55 days, others have clauses like the above that state you have to zero the card in full for the 0 interest to apply.
Well we've always just payed off the owing amount within 2 months anyway, so we've never payed interest or been in trouble. Just pay the total bill off within 2 months and it's all good.

VR33XY
02-05-2006, 02:31 PM
Did you pay for your house with cash?
Thats a pretty HUGE liability.

Lol...last time I checked it was an asset. Im refering to the car as a liability and not an asset from a certain point of view.

Disciple
02-05-2006, 02:32 PM
Lol...last time I checked it as an asset. Im refering to the car as a liability and not an asset from a certain point of view.
Each to their own. If someone wants to pay for rims with a credit card and has budgeted their repayments over a specific time frame, I don't see the harm in it. As long as there's been plenty of forethought and planning it's fine IMO.

M4DDOG
02-05-2006, 02:35 PM
Lol...last time I checked it was an asset. Im refering to the car as a liability and not an asset from a certain point of view.
lol and you could also argue that a car is an asset (which it is). A house is also a liability as you still have to pay the loan back, and if you cant, you're just as screwed (if not more).
So :P. I guess it's just different point of views ;).

VR33XY
02-05-2006, 02:40 PM
lol and you could also argue that a car is an asset (which it is). A house is also a liability as you still have to pay the loan back, and if you cant, you're just as screwed (if not more).
So :P. I guess it's just different point of views ;).

If that is your perspective...:eh:

Bain
02-05-2006, 02:43 PM
lol and you could also argue that a car is an asset (which it is). A house is also a liability as you still have to pay the loan back, and if you cant, you're just as screwed (if not more).
So :P. I guess it's just different point of views ;).

Well banks wont give you a loan for more than the house is worth. And in most cases your house goes up in value.

If you get into trouble and cant make your payments you can sell the house and zero the debt, whereas if you sell your car you may not have paid off enough on the loan..

Same with a creditcard...

wooley
02-05-2006, 02:49 PM
i think VR33XY is right, i dont think you should even buy a car if you have to get a loan to pay for it. buy what you can afford, you take out a loan on a car, you have to pay that back, as well as maintenance and consumables. :nuts: i for one will always pay cash for a car...

obviously with a house you need a loan though:P

gremlin
02-05-2006, 04:02 PM
i think VR33XY is right, i dont think you should even buy a car if you have to get a loan to pay for it. buy what you can afford, you take out a loan on a car, you have to pay that back, as well as maintenance and consumables. :nuts: i for one will always pay cash for a car...

obviously with a house you need a loan though:P

depends mate.. if you've got $30,000 in cash and you know what your doing it may be more benifical for you to borrow $30,000 for the car and pay the interest

if your smart enough to no how to invest the $30,000 cash and are able to gain higher returns than the amount of interest your paying on your car loan then you wouldnt pay cash for the car..... does that make any sense?

wooley
02-05-2006, 04:29 PM
depends mate.. if you've got $30,000 in cash and you know what your doing it may be more benifical for you to borrow $30,000 for the car and pay the interest

if your smart enough to no how to invest the $30,000 cash and are able to gain higher returns than the amount of interest your paying on your car loan then you wouldnt pay cash for the car..... does that make any sense?

yea but thats if u have the know how too invest me and make sure your returns will always be higher than the interest your paying. :)

gremlin
02-05-2006, 04:39 PM
yea but thats if u have the know how too invest me and make sure your returns will always be higher than the interest your paying. :)
exactly

wooley
02-05-2006, 05:21 PM
exactly

so therefore most people shouldnt take out a loan to pay for a car... :P