i only pay cash or if i know i have it in my checking account ill use my Debit card which instantly comes out of the account.....i dropped 2500 in cash to have the trransmission built for my DODGE OMNI GLH....that should make somewhere in the neighborhood of 450-500 whp.

 

some of you should put a "sponsored by Visa" decal on your car.

 

I buy things with my credit card, but I pay it in full at the end of every month. I would never do that minimum payment BS that is like throwing moey down the toilet. The APR that they will charge you will make the mods like 40% more expensive by the time ur done paying the interest.

 

i'm not buying any mods on my credit card for this car, i made that mistake with my 350z and got into some debt. now i'm all payed off on my cards and will only buy mods using my debit card. hopefully it'll teach me to be patient and save up money.

 

The Evo doesn't get mods unless I have the cash in hand. Helps I still don't have a credit card at 27 years old.

 

Its funny how society has completely changed with the introduction of the Credit card. Its all about "buying now, paying later" which in alot of peoples cases gets them into trouble.

I'm only 25, but if you don't have the money to make a purchase, you save up until you can afford it. Only way I'll take advantage of a credit card, is if they're offering a 0% offer for purchases or Balance transfers. You can really take advantage of the Credit cards if you get a balance transfer offer at 0% with a minimum or low fee, deposit as much $$$$$ as your credit limit will allow into your checking acct, and then put the funds into a high yield savings acct, invest it (or the like). Leave the funds there, pocket the interest accrued then take the funds and pay off the cc when the 0% term is up! Use the funds you made for whatever then

 

That's how I roll

 

my tsi was built using credit cards. Now that im 20 and matured a little, i will continue to pay my cards off and only pay cash for parts for the evo. Just wish i would of done that in the beiginning

 

+2

 

Dont really have a lot of mods in my car.. I go to the track quite a bit. Track+maintenance is the killer for me.. I could pay my CC off, but then I wont have any money. I will stop going to trackdays after next month until I payoff my CC. It should only take 3-4 months to payoff.. Then the cycle continues

 

Turbo kits do not neccessarily cost $2000-$4000. It depends on how much you fab up yourself.

 

I just turned 24, and one of my credit cards has a limit fof over 20k, so i must be doing something right. As long as you keep buying things on the credit card regularly, then you develop payment history. I pay it off because i cant stand paying finance charges.

 

Your wrong. I work for Bank of America. If you make your payments in full every month of just the minimum you are still building good credit with all 3 bureau's.

 

I buy nearly everything with the cc and pay it off every 2 weeks (cc is payable easily via online banking).

Basically, I have all the bills + savings figured out in 2-week increments, which tells me point-blank how much money from each paycheck is expendable. Then, when I want something, I know how much it's going to cut into the play money for the next two weeks.

I make sure to have plenty of room on the cc in case there's an emergency that the savings can't cover.

I'm sure this system is the nerdiest thing posted today.

 

My girlfriend put my stage 1 on her cc because she is the best girlfriend ever