Quote:
Originally Posted by Gas Man
Yikes... sucks to not only pay more for the unit but also take it on the interest rate. But hey... ignore that for a bit... then try to refi the car later with a credit union or something.
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Actually that was one cool thing about Drivetime. We were able to go back up a few days after we signed, put more money down that comes straight off principal, and buy our way down to an 8% finance rate.
We still paid too much, but we're not getting raped on financing, and we're only making payments on what the vehicle is worth, so we're not upside down.
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1982 Honda XR80 - blown motor, 1993 Kawasaki ZX6D - sold, 2001 Suzuki Bandit 1200S - sold, 1984 Honda Magna - sold, 2001 Kawasaki ZRX1200R - blown motor, 2007 Suzuki DL1000 V-Strom - totalled, 2003 Yamaha FZ1 - sold, 1994 Honda Magna - sold, 2001 Honda CBR600F4i - sold, 1998 Suzuki DR350 - stolen, 1989 Honda Super Magna - sold, 2007 Yamaha Stratoliner, 2000 Honda CBR 1100XX Blackbird
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