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re: My local dealer is offering 108 month financing through GMAC
Posted on 10/15/18 at 2:12 pm to GetCocky11
Posted on 10/15/18 at 2:12 pm to GetCocky11
quote:
Wouldn't these long-term finance options actually inflate car prices in the long run?
Yes. Demand goes up when any ole baw can stretch his bro truck financing out to the end of days. Sticker price is no longer a barrier.
This post was edited on 10/15/18 at 2:15 pm
Posted on 10/15/18 at 2:14 pm to GetCocky11
quote:this has already been happening
Wouldn't these long-term finance options actually inflate car prices in the long run?
Posted on 10/15/18 at 2:14 pm to castorinho
quote:Funny cause I thought I was a young genius getting one over on the dealers.
Same, got hit with the four squares
I had in mind a car payment, stuck with that amount, and was certain I won the battle when I got my car to come in under that amount.
So embarrassing looking back, thinking of what they were probably saying about me as they went back to the manager 37 times to check on the negotiated rate.
Posted on 10/15/18 at 2:17 pm to DeafJam73
quote:
9 years financing? Why would anyone do that?
To get dat note down baw.
Posted on 10/15/18 at 2:23 pm to Jim Rockford
That’s longer than my house
Posted on 10/15/18 at 2:26 pm to yellowfin
quote:
That’s longer than my house
Your house on wheels bro?
Posted on 10/15/18 at 2:26 pm to Jim Rockford
There are two components that frick you via interest.
The rate and the term.
Everyone LOVES the rate, and ignores the term.
And that's exactly what the banks want.
The rate and the term.
Everyone LOVES the rate, and ignores the term.
And that's exactly what the banks want.
Posted on 10/15/18 at 2:28 pm to Jim Rockford
Gonna get that white Denali Yukon and have my kids private school sticker slapped on the back window the second I pull out the dealership.
Posted on 10/15/18 at 2:30 pm to Modern
quote:
Gonna get that white Denali Yukon and have my kids private school sticker slapped on the back window the second I pull out the dealership.
Leave room for the stick figure family
Posted on 10/15/18 at 2:33 pm to BenDover
quote:
Leave room for the stick figure family
Do you even salt life?
Posted on 10/15/18 at 2:33 pm to PearlJam
quote:
Nb4 lnchbox argues this is a good financial move for somebody that wants a truck instead of a boring Camry
On what planet would I say something like that? The stupid shite some of yall invent
Posted on 10/15/18 at 2:33 pm to Balloon Huffer
Also, it's kind of odd that a quick Google search does not show one single automaker that offers longer than 96 month financing.
Posted on 10/15/18 at 2:34 pm to Jim Rockford
Can you drive a car for 108 months? My mortgage is only 180 months.
Posted on 10/15/18 at 2:35 pm to BlackAdam
quote:It's only 9 years.
Can you drive a car for 108 months?
I had my last car 8 years, and my wife 10 years.
Posted on 10/15/18 at 2:45 pm to HeyHeyHogsAllTheWay
quote:
My primary vehicle is a 2016 Ford Focus ST and I'm already getting itchy for something different. Seriously considering a Hellcat in fact.

Posted on 10/15/18 at 2:47 pm to 50_Tiger
quote:
Wait 108-month terms are an actual thing??????
A neighbor did 84 months... on a 4 year old Yukon.
Another friend leases a new car every 3 years. She figures she's "used" to always having a car payment, so it's in her budget, so it's all good.
Posted on 10/15/18 at 2:48 pm to TigerstuckinMS
Is a hellcat like a Hummer? It sounds like something that would resemble a Hummer
Posted on 10/15/18 at 2:50 pm to LSUFanHouston
quote:1 of those sounds bad, the 2nd one, not necessarily.
A neighbor did 84 months... on a 4 year old Yukon.
Another friend leases a new car every 3 years. She figures she's "used" to always having a car payment, so it's in her budget, so it's all good.
Some people want a new car every 3 years or so. Those people probably should lease.
Posted on 10/15/18 at 2:51 pm to yellowfin
quote:It's a 707hp Charger or Challenger depending on if you want a sedan or coupe.
Is a hellcat like a Hummer? It sounds like something that would resemble a Hummer
Posted on 10/15/18 at 2:51 pm to yellowfin
quote:
Is a hellcat like a Hummer? It sounds like something that would resemble a Hummer
Yes. It is exactly like a hummer but it has 6 wheels.
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