imagine32000
Viper Owner
- Joined
- Oct 1, 2007
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As the topic asks, how long before your Viper arrived did you have financing already approved & arranged? Thanks in advance.
- Matt
- Matt
How long before you received your Viper did you have financing approved/settled?
- Thread starter imagine32000
- Start date
alpine7822
Enthusiast
Same here...paid cash. Again, not bragging, I just hate car payments!!!
Tom2334
Viper Owner
#3 for no payments. Cash Deal.. Hate Payments. Not Bragging either
AFL in NJ
Enthusiast
When I finished paying off my divorce some 4 years ago, I went looking for a fun car immediately as my budget easily allowed for it. I got pre-approved at my bank for more than I intended to spend and went looking....that helps.
If I were to finance any vehicle now, I'd use http://www.penfed.org as they have 4.25% car loans (which allows someone to use their cash in an investment and pocket the difference between your investment's gain and this low rate) and they'll pre-approve you.....once you have the check, you fill it out for less than you're pre-approved for and you're set.
My original bank screwed me on the financing on the first Viper I wanted to buy, taking 8 days to send the check....the seller got concerned and returned my deposit and sold to someone else for $1500 less money. The 2nd Viper I found worked fine (I returned the unused check to that bank, closed my accounts and wished them well and do business with a different bank now) and I'll have her paid off either late this year or very early into next.....then I'll buy my 2nd Viper.
Oh yeah, here's the ironic part of this story, the bank chain that gave me a hard time after pre-approving me and getting that check to me because I am a "foreign national" (read immigrant from the Great White North) was recently bought by a National Canadian bank!
Regards,
Aaron
If I were to finance any vehicle now, I'd use http://www.penfed.org as they have 4.25% car loans (which allows someone to use their cash in an investment and pocket the difference between your investment's gain and this low rate) and they'll pre-approve you.....once you have the check, you fill it out for less than you're pre-approved for and you're set.
My original bank screwed me on the financing on the first Viper I wanted to buy, taking 8 days to send the check....the seller got concerned and returned my deposit and sold to someone else for $1500 less money. The 2nd Viper I found worked fine (I returned the unused check to that bank, closed my accounts and wished them well and do business with a different bank now) and I'll have her paid off either late this year or very early into next.....then I'll buy my 2nd Viper.
Oh yeah, here's the ironic part of this story, the bank chain that gave me a hard time after pre-approving me and getting that check to me because I am a "foreign national" (read immigrant from the Great White North) was recently bought by a National Canadian bank!
Regards,
Aaron
dwhitt
Viper Owner
Stay away from financing - you will be glad later - just pay cash or wait until you can pay cash
TBarrow
Viper Owner
I just was given the Keys, My wife bought it for me and had Mod's done before delivery.
Nsane1
Enthusiast
With 4% interest, there's little reason to not finance. I had my financing in place months before to lock in a low rate. I'd recommend 2 weeks or so.
SweetRed04
Viper Owner
I just wrote a check after holding back on some CDs.
My wife STILL thinks I (we?) can't afford it and she has YET to sit in or ride in the car after 3 years and 32800 miles.
It is HER loss!!
My wife STILL thinks I (we?) can't afford it and she has YET to sit in or ride in the car after 3 years and 32800 miles.
It is HER loss!!
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