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Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance.. |
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08-24-2016, 06:42 PM
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#26
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Throw yo paws in da air!
Join Date: Apr 2011
Location: State of Trance
Posts: 5,126
Thanked 2,780 Times in 958 Posts
Failed 217 Times in 61 Posts
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i think he can get approved no matter what lol its the interest rate that depends 
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Proud member of GRAPE Great Revscene Action Photography Enthusiasts
2008 Infiniti M45X - Y50 (Current)
2000 Honda Prelude SH (Sold)
1995 Dodge Spirit (Sold)
1998 Nissan Maxima SE (Sold)
1996 Honda Prelude SR-V (Sold)
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08-24-2016, 07:12 PM
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#27
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Need my Daily Fix of RS
Join Date: Nov 2014
Location: Burnaby
Posts: 276
Thanked 247 Times in 90 Posts
Failed 42 Times in 16 Posts
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The interest rate of a Dealerships New car will always be lower then a used car of the lot.
I'm pretty sure the financing is second party thus the higher rates.
You age, credit risk, and residency will also play a big part in this as well.
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08-30-2016, 09:53 PM
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#28
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RS has made me the bitter person i am today!
Join Date: Apr 2002
Location: In your head
Posts: 4,591
Thanked 376 Times in 176 Posts
Failed 11 Times in 9 Posts
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Quote:
Originally Posted by rucus
I think I'm on the other side of the spectrum -- I have no credit history built up as of the moment, except for my credit card that I pay faithfully.
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That doesn't make sense. If you have a credit card, then it's been reporting.
Grab a copy of your credit report from equifax's free trial and see what you get.
The 7% rate is shockingly high and for people with shitty credit.
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02-19-2019, 06:48 AM
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#29
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RS.net, helping ugly ppl have sex since 2001
Join Date: Apr 2004
Location: GTA, BC, HK
Posts: 8,342
Thanked 2,910 Times in 1,272 Posts
Failed 171 Times in 78 Posts
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7.18% is a LOT, then again it is a used car. To be honest, if this is the case, I would get a line of credit OR loan from family and friends and offer a lower interest rate.
In your situation, I would much rather get a used car that's 5k instead.
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02-19-2019, 08:54 AM
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#30
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Willing to sell body for a few minutes on RS
Join Date: Aug 2004
Location: Duncan, BC
Posts: 10,128
Thanked 5,568 Times in 2,107 Posts
Failed 231 Times in 90 Posts
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FYI, OP is from 2016.
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02-19-2019, 12:03 PM
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#31
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RS has made me the bitter person i am today!
Join Date: Jan 2012
Location: PENIS
Posts: 4,810
Thanked 4,685 Times in 1,540 Posts
Failed 300 Times in 128 Posts
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You can finance a corolla xse for 60 months for $214.47 bi weeekly now w/ 5k down
Finance
130 payments of
$214.47
TERM (MO.)
RATE (%)
2.49
Vehicle Price: $26,203.20
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There's a phallic symbol infront of my car
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MG1: in fact, a new term needs to make its way into the American dictionary. Trump............ he's such a "Trump" = ultimate insult. Like, "yray, you're such a trump."
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bcrdukes yray fucked bcrdukes up the nose
dapperfied yraisis
dapperfied yray so waisis
FastAnna you literally talk out your ass
FastAnna i really cant
FastAnna yray i cant stand you
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02-19-2019, 12:15 PM
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#32
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Willing to sell body for a few minutes on RS
Join Date: Aug 2004
Location: Duncan, BC
Posts: 10,128
Thanked 5,568 Times in 2,107 Posts
Failed 231 Times in 90 Posts
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^^^ on approved credit ^^^
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02-20-2019, 10:15 AM
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#33
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RS.net, helping ugly ppl have sex since 2001
Join Date: Apr 2004
Location: Vansterdam
Posts: 8,280
Thanked 1,954 Times in 1,027 Posts
Failed 85 Times in 24 Posts
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Quote:
Originally Posted by Jmac
^^^ on approved credit ^^^
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Well he's been in Canada for a couple years now surely he has credit history by now lol
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"back at the line to Babych.... LONG SHOT....Potvin had trouble with it....ADAM SHOOTS SCORES!!!!
GREG ADAMS!! GREG ADAMS!!"
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