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Topic	I just realized how much cancer student loan debt really is
_Rinku_ 09/12/18 10:24:05 PM #73:	silentwing26x posted... _Rinku_ posted... Most dealerships/banks won't let you finance cars that are more than a few years old. From my experience, this means that anything older than, say, seven years can't be financed and has to be paid in full. Even with a cheap older car, it can be extremely difficult to collect that entire amount and pay it at once... especially when you're driving a car that constantly needs work done (because it's old and needs to be replaced). It's often "cheaper" to pay $300/month towards a car than to try to accumulate $5k while driving a POS hooptie that needs work every other month. See also: people who can't afford an apartment and instead have to live in extended stay hotels. dude wtf are you even blabbering about? you can finance older cars, usually at a higher interest rate. unless it's really old and you have no job you can find dealers thatll finance a car. and his car is 2016. and a 5k car is not a pos hooptie that needs work every month. 1) I tried doing just that. Every dealership turned me down and said I would "need to finance a newer car." This was while looking at non-luxury, 2008-2012 mid-size sedans. 2) The $5k is the slightly older car you're buying, not the POS hooptie you're trying to get rid of. For example: my current vehicle has a KBB of about $300 and is almost old enough to vote. It is a piece of garbage hooptie that functions as a means to somewhat safely get from point A to point B. My sentimentality towards it (and utter cheapness) has resulted in me holding onto it far longer than I should have. I'd love to find a way to finance a slightly older car, but none of the dealerships around here will play ball. I legtimately don't want to own a new car (if I could have an identical version of my current car with a third of the miles, I'd jump on it). I've considered leasing, as it seems to be cheaper, but still I hold on to my garbage car that I've had since I got my license. And I have that luxury of it being a choice for me. Some people aren't so lucky and need to drive unreliable cars. <cite>_Rinku_ posted [p:908635667] in I just rea... [t:76995851]...</cite> <quote><cite>silentwing26x posted...</cite> <quote><cite>_Rinku_ posted...</cite> <quote>Most dealerships/banks won't let you finance cars that are more than a few years old. From my experience, this means that anything older than, say, seven years can't be financed and has to be paid in full. Even with a cheap older car, it can be extremely difficult to collect that entire amount and pay it at once... especially when you're driving a car that constantly needs work done (because it's old and needs to be replaced). It's often "cheaper" to pay $300/month towards a car than to try to accumulate $5k while driving a POS hooptie that needs work every other month. See also: people who can't afford an apartment and instead have to live in extended stay hotels.</quote> dude wtf are you even blabbering about? you can finance older cars, usually at a higher interest rate. unless it's really old and you have no job you can find dealers thatll finance a car. and his car is 2016. and a 5k car is not a pos hooptie that needs work every month.</quote> 1) I tried doing just that. Every dealership turned me down and said I would "need to finance a newer car." This was while looking at non-luxury, 2008-2012 mid-size sedans. 2) The $5k is the slightly older car you're buying, not the POS hooptie you're trying to get rid of. For example: my current vehicle has a KBB of about $300 and is almost old enough to vote. It is a piece of garbage hooptie that functions as a means to somewhat safely get from point A to point B. My sentimentality towards it (and utter cheapness) has resulted in me holding onto it far longer than I should have. I'd love to find a way to finance a slightly older car, but none of the dealerships around here will play ball. I legtimately don't want to own a new car (if I could have an identical version of my current car with a third of the miles, I'd jump on it). I've considered leasing, as it seems to be cheaper, but still I hold on to my garbage car that I've had since I got my license. And I have that luxury of it being a choice for me. Some people aren't so lucky and need to drive unreliable cars.</quote> ... Copied to Clipboard!
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