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Discussion Starter · #41 ·
Lol my prioritie

funny you said a college kid with a 30k job only if you knew buddy 馃槀馃槀馃槀 next time just keep your comments to your self you sound stupid kid
Lol I have a camero paid off and sold my 2019 which I bought brand new with no miles paid off with and no other debt and I have over 10 credit cards with high limits and you say 30k a year not to brag or anything because there people who makes way more but I make no less than 9k a month after taxes working as a pharmacist do ask question before you assume thing kid
 

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Discussion Starter · #42 ·
Lol I have a camero paid off and sold my 2019 which I bought brand new with no miles paid off with and no other debt and I have over 10 credit cards with high limits and you say 30k a year not to brag or anything because there people who makes way more but I make no less than 9k a month after taxes working as a pharmacist do ask question before you assume thing kid
*their
 

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Lol my prioritie

funny you said a college kid with a 30k job only if you knew buddy 馃槀馃槀馃槀 next time just keep your comments to your self you sound stupid kid
I also wasn't saying you were a college kid making 30 grand. I was pointing out that it's a much different process for buying a new Hellcat than it is to go down to Honda and put an app in on a Civic.
 

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Lol I have a camero paid off and sold my 2019 which I bought brand new with no miles paid off with and no other debt and I have over 10 credit cards with high limits and you say 30k a year not to brag or anything because there people who makes way more but I make no less than 9k a month after taxes working as a pharmacist do ask question before you assume thing kid
Again, I assumed nothing. Nor did I say anything about you. You came across as someone who might not understand the rigors of how banks treat luxury purchases. Hence I provided a perfect example of someone who might have a 700 credit score but will be wholly unqualified to own a Hellcat. Remember, you're the one who said, "Can I get a loan for a Hellcat with a sub-700 credit score and a 15k down payment?"

9k per month isn't bad money, but it all depends on how much your housing is, what your credit history is like, the cost of living in your local area, and on very important things like your debt to income ratio. You're probably fine, as the real indicator of credit worthiness, provided you don't have obvious black marks like bankruptcies and charge-offs is your overall ability to repay the debt you have. So, you'll likely get a loan. The credit score and other risk factors will determine the rate at which that loan is offered.
 

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To me.. the whole credit offer is nice.. I am well above 800 in my scores and was approved for zero down, zero percent for 72 months. That is not what is going to happen.. but I find it scary in the current economy Chrysler Captial is that willing to give money away. That tells me there is juice in the deal to be had and my deal is even under msrp.

Somewhere they make money..
 

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I'm no college kid and I make about 60k a year. I have 25k for a down payment and was just approved for 0.9% at $890.00 per month for my hellcat. My credit score is a 679.
 

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Lol I have a camero paid off and sold my 2019 which I bought brand new with no miles paid off with and no other debt and I have over 10 credit cards with high limits and you say 30k a year not to brag or anything because there people who makes way more but I make no less than 9k a month after taxes working as a pharmacist do ask question before you assume thing kid
You have a Chevy that you don't know how to spell? Ok.
 

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This is an ignorant thread.
 

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I'm no college kid and I make about 60k a year. I have 25k for a down payment and was just approved for 0.9% at $890.00 per month for my hellcat. My credit score is a 679.
Yep, and if you had went with no money down and wisely invested that 25k down payment, you could have potentially turned that into 40-50k in 3-4 years and paid the car off. That's what I try and do. I never put a penny down on a car and invest 10% of the car's value in risky high yield stocks to try and pay the car off. Even if I were to lose, it's no different than pouring that money down a hole where it usually gets eaten up by 1st day depreciation.
 

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I prefer to play it on the safer side with ETFs I do have a few Ridley stocks but what I do invest I invest with retirement in mind. But I mean I could always just go down to the casino and dump the 25k on black too. I have no intentions on ever selling my cat. So resale isn't really a priority for me but I know where you are coming from. The reason for my down payment was to minimize monthly payments so where as I can keep dumping money into my accounts so when in 30 years I'm 65 I'll have a good retirement to go on top of my military retirement. Resale is important to a lot of people but for my intentions im just trying to lay down the principle as fast as possible.
Yep, and if you had went with no money down and wisely invested that 25k down payment, you could have potentially turned that into 40-50k in 3-4 years and paid the car off. That's what I try and do. I never put a penny down on a car and invest 10% of the car's value in risky high yield stocks to try and pay the car off. Even if I were to lose, it's no different than pouring that money down a hole where it usually gets eaten up by 1st day depreciation.
 

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I've won and lost with this. On my 2015 Mustang, I bought some Tesla stock. It paid the car off in 2 years worth of investing :) And, I've lost it all on a risky gamble, so. Eh ;)
 

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I've won and lost with this. On my 2015 Mustang, I bought some Tesla stock. It paid the car off in 2 years worth of investing :) And, I've lost it all on a risky gamble, so. Eh ;)
Yeah, I was riding that train a little late honestly. The Tesla train that is lol. They did finally start making a profit but still way to over valued for me IMO. I'm more of a little book that beats the market kind of guy. Value investing for me is the safest way to play I guess. Started out following those to the moon goons lost more money then I was comfortable playing those games and finally started educating myself a little bit. Still lose money from time to time but not nearly as much as I was lol
 

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Yep, and if you had went with no money down and wisely invested that 25k down payment, you could have potentially turned that into 40-50k in 3-4 years and paid the car off. That's what I try and do. I never put a penny down on a car and invest 10% of the car's value in risky high yield stocks to try and pay the car off. Even if I were to lose, it's no different than pouring that money down a hole where it usually gets eaten up by 1st day depreciation.
Yeah and honestly I would have. My credit isn't the best and the only way I could have really qualified for such a good rating was to have a substantial down payment. 0.9% is the best I've ever gotten and I credit the dealership in Williamsburg Virginia that I'm working with for getting me into my cat. You do make very valid points for sure and in the future maybe for my next car I'll have to take that advice.
 
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