In order to participate in the GunBroker Member forums, you must be logged in with your GunBroker.com account. Click the sign-in button at the top right of the forums page to get connected.
Options
Advice on purchasing vehicle
Berettafan
Member Posts: 592 ✭✭✭✭
I have the opportunity to purchase a 2000 Tahoe Z71, that is loaded, and only has 55,000 miles. If the loan is approved, which is likely, I would get the vehicle for $20,700 out the door. My monthly payment would be about $400/month for the truck, and insurance would be $129/month. It's a good deal, and I am sure that I could make it work, but do you think it's a good idea. I would only have about 5 months that I would have to worry about working to meet the payments, because I go to the police academy in September, and I receive a nice stipend there that would more than cover my payments. Thoughts, opinions?
All it takes for evil to prevail is that good men do nothing.
For the first time a civilized nation has full gun registration; the streets are safer, the police are more effective, and the rest of the world will follow us into history--Hitler 1937
All it takes for evil to prevail is that good men do nothing.
For the first time a civilized nation has full gun registration; the streets are safer, the police are more effective, and the rest of the world will follow us into history--Hitler 1937
Comments
Semper Fi
Remember Ruby Ridge.
Experience is the best teacher and usually charges accordingly.
"NOW GO HOME AND GET YOUR BLANKIN SHINE BOX!"
(Billy Batts in Goodfellas)
Greg
Former Marine
A N G L I C O
NEW.
SIG pistol armorer/FFL Dealer/Full time Peace Officer, Moderator of General Discussion Board on Gunbroker. Visit www.gunbroker.com the best gun auction site on the Net! Email davidnunn@texoma.net
Keep driving whatever you're driving and put the $529 in the bank. You do have an $529 extra just laying around each month correct? In twelve months and after you graduate you'll have $6,348 in the bank, heck by that time the very same vehicle can probably be bought for $6,348 (since it'll depreciate so much in one year). Well maybe not, but at least a dang good one and you'll never owe anyone a dime!!!
The only reason people get a loan is because they are broke.
Them ducks is wary.
That seems high to me for a SUV that is 4 years old.
If I had the slightest thought that I may be strapped making a payment for something then there is no way I'm signing that loan. That's just me though, my brother....totally opposite completely...where's the pen[?] [:D][:D][:D]
NRA Life Member ---"A pocket knife, a clean hankey, and a pistol... things I can use." - Ted Nugent
I would keep looking.
FUNCTION BEFORE STYLE
All it takes for evil to prevail is that good men do nothing.
For the first time a civilized nation has full gun registration; the streets are safer, the police are more effective, and the rest of the world will follow us into history--Hitler 1937
I'm wondering if I should wait until things are a little more definite.
Yes, hold off. There will always be deals to be found.
Semper Fi
Remember Ruby Ridge.
Experience is the best teacher and usually charges accordingly.
Trade-in value: $14,700
Private party sale value: $17,000
$20,700 sounds waaay to high--you'll be "upside down" (ie. owe more than it's worth) the moment you sign the papers.
Listen to what everyone else is saying; drive a "junker" till you've saved enough to pay cash for what you want.
It breaks me to owe people money, so the loan wasn't easy to swallow, but with interest rates as low as they are, if you locked in a low rate you won't be bleeding nearly as bad.
All it takes for evil to prevail is that good men do nothing.
For the first time a civilized nation has full gun registration; the streets are safer, the police are more effective, and the rest of the world will follow us into history--Hitler 1937
With the current rebates and cash bonuses avaiable from GM, a brand new 2004 Tahoe Z71 loaded can easily be had for about $33,000 ... with no miles and a 3/36 warranty ...
or a brand new Tahoe LS for about $29400(invoice-rebates and bonus cash) 5% intrest (lower rate because its newer vehicle) finance for 72 months (you could strech it out for 84, but I don't even like 72) your payment is $473 and only 6 years old when its paid off!
My advise is to save your money ... when buying a car, truck or SUV, buy 1 year old program vehicle, thats already taken the "hit" ... pay cash or finance as little as possiable ... intrest never works in your favor, no matter how low it is.
BTW - my family owns 4 Chevrolet dealerships, I work the internet sales so I know a bit of what I'm talking about!
.
.
... If you don't, you'll find any excuse.
? otherwise, you'll find an excuse.
When a vehicle is ran without antifreeze or oil such as when a headgasket blows or water pump leaks all the fluid out the engine will overheat if they keep driving it. One tell tale sign of internal damage is when the dipstick looks like somebody heated it up with a torch and changed the metal's color.
Check it out.
http://www.nada.com/
Also,the fuel pumps are notoriously short-lived and are several hundred bucks to replace.
BW
IT'S WHAT PEOPLE KNOW ABOUT THEMSELVES THAT MAKES THEM AFRAID.