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View Poll Results: How are you paying for your EVO
Paid CASH!!
9
26.47%
Put atleast 50% down and financing the rest
6
17.65%
Put less than 50% down and financing the rest
19
55.88%
Leasing the car
0
0%
Voters: 34. You may not vote on this poll

Method People used to pay for their EVO

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Old Mar 8, 2004 | 03:50 PM
  #1  
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Question Method People used to pay for their EVO

Just want to get a general idea of what payment method people used to obtain their EVO.
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Old Mar 8, 2004 | 03:58 PM
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From: Princeton, NJ
credit card! hehe he who saves massive cash for an evo has his priorities wrong
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Old Mar 8, 2004 | 04:07 PM
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Wink That's what I was gunna do !!!

Once I get my payments to less than $10,000.00 which will be by this summer. I am gunna do a balance transfer on a credit card which gives me zero interest for a year. If I can't pay it off within that year then I will balance transfer the remaining again. There are several advantages to doing this.
1) You stop your interest cost.
2) You get money back from the dealership if you purchased credit insurance.(For me it will be $800.00)
3) Title will be yours
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Old Mar 9, 2004 | 10:52 AM
  #4  
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How about using home equity loan? You need to paid interest, but you can deduct those paid interest. Plus you get a loan term average from 10-15 years.
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Old Mar 9, 2004 | 11:36 AM
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From: nu jeru
Re: That's what I was gunna do !!!

Originally posted by johnjonfenomeno
Once I get my payments to less than $10,000.00 which will be by this summer. I am gunna do a balance transfer on a credit card which gives me zero interest for a year. If I can't pay it off within that year then I will balance transfer the remaining again. There are several advantages to doing this.
1) You stop your interest cost.
2) You get money back from the dealership if you purchased credit insurance.(For me it will be $800.00)
3) Title will be yours
thats some smart **** right there..
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Old Mar 9, 2004 | 11:38 AM
  #6  
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From: NY
any way I can

heh heh
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Old Mar 9, 2004 | 11:47 AM
  #7  
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by selling headlights I ripped off of 2002 maximas.
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Old Mar 9, 2004 | 12:08 PM
  #8  
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From: NY
^ DAMN!
lol

at least I hope he is joking
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Old Mar 9, 2004 | 12:37 PM
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From: Princeton, NJ
nsnguyen, tamiya? i didnt know tamiya makes regular cars hehe
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Old Mar 9, 2004 | 01:06 PM
  #10  
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From: BEANTOWN FOREVER
I intend to use monopoly money when the time comes.
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Old Mar 9, 2004 | 01:43 PM
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I didn't know you can transfer car loans onto credit cards...
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Old Mar 9, 2004 | 02:06 PM
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Originally posted by VanillaEps
I didn't know you can transfer car loans onto credit cards...
:smile: You absolutely can!!! Do you get those promotional balance transfers on the mail saying they will give you 0% interest for 1 year. If you look on the back where you enter the information of the balance you want to transfer it also indicates loan number. If not what you do is get a cash advance and have them wire it to your checking account and pay for it like that. If you are fortunate enough to get these promotional rates take advantage of them. BUT MAKE SURE YOU PAY IT OFF ON TIME, reason being the interest is only deferred. Meaning if the loan is not payed off by the end of the promotional period you will be responsible for paying the interest that has been acrueing since the beginning of the loan.

The only thing you can't do is charge the entire car on a credit card when your at the dealership. The law limits the amount you can charge a vehicle to a credit card while at the dealership to $6,000.00.
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Old Mar 16, 2004 | 09:25 AM
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This belongs in OT.
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Old Mar 16, 2004 | 03:44 PM
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From: Castle Rock, CO
Financing. That's after I wrote a check for 18 grand to cover the neg equity in the Z06.
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Old Mar 16, 2004 | 03:46 PM
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Maybe you can split it over multiple credit cards
But, yeah, I intend doing the same thing with the credit card once my loan reaches a certain amount. I'll do it to get the title.
Then I can send my car overseas to have some fun
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