Plus if you got a new car you'd have to change that ghey *** avatar.

 

Purchased mine brand new with 27 miles on it in 05. I put 20,000 down at time of signing and paid it off in 07.

Next purchase is either a 2007 Porsche 997 Turbo or Dodge Viper.

 

Paid all in cash (still paying the extensive mods though..:-) ... as for my 350Z, I think I'll just go ahead and buy some other car and keep the 350z as part of my collection (got an S2000 and a Maserati Ghibli Cup)

 

A lot of you guys paid in full....

Well, i financed in Nov07 for 36months and put zero down. I have been paying the note and then matching it with a principle payment everymonth. I owe right now much less than value. BUT ill prob keep it, sell the specv, and have twins.

 

i paid mine off when i bought it last month... now i cant drive it since its snowing!!

 

When i got my '06, I got a 5.43% 5 year loan. Since then, I've had the occasion to pay it off, but have put the money elsewhere.

 

When I bought it last year , had 2k miles on her. Paid off 80% of the cost and financed the remaining 20, then paid it off full in 5 month.
Now I have 15k miles on her
Next purchase - 370z or genesis coupe, that is ofcoruse if I like any of them when test driving.

 

LOL I was being sarcastic. I own it and don't plan to sell it either. Would like to pick up a more luxurious daily driver and convert the Z into a racecar. Mrs. asked why I haven’t done it yet. Imagine that.

 

350z- to a 997 turbo, that's an odd jump, did you find a gold mine in your back yard?

IBTYOUSHOULDBYTHEGTRINSTEAD

 

Hi,

I never buy new anymore, with the exception on my 08 Honda Civic Hybrid... I usually buy vehicles that are lo mile 1-3 years old and pay cash. Haven't had a car payment in years.

I cannot imagine financing something that depreciates as quickly as a vehicle does.

How long will I keep my 06 ZR? I've got 30K on it now and will sell when it hits 100K, most likely. Right now, my Z is running strong and I love it, so maybe I'll be changing my mind at 100K!

Cheers,
Steve

 

My Birthday present to myself is to make 14 payments the day after Thanksgiving. Best 7 grand I will have spent. Will be paid off at end of April.

 

Very suprised at how many people actually paid for their cars in cash. I personally don't think it's that good of an idea to dump a large sum of your money into an asset that loses value. The borrowing cost on my 350 over 4 years was 3k which I think is a much better idea than typing up my 30k. Any thoughts??? My rule is to put down as little as possible into any car purchase with the exception of trade ins.

 

sending last payment in a week. soooo happy. lol

 

I agree in putting as little as much down, "but a different stroke for different folks as it goes". But for me it’s about keeping the car i.e. for example I have 1998 Jeep I bought new and now have 254,000 miles on and has been paid off long ago and it’s still running strong. My Z 2008 I bought new hopefully will still be in my garage 10 yrs from now

 

Paid for it then dropped another 25k into it after already spending 35k all aftermarket

 

Bought both Zs cash used. In fact Only my wife get's new cars as I think it's a complete waste of money and usually let somebody else take the "off the lot" equity hit. I bought my first "new" car ever about a month ago and only because you can not buy one used as they are too rare and also first time in a while I financed half of it as I got a loan with 4.3%!!!! and it was insane spendy.

 

Most logical input... I would never (ever) consider handing someone $30k,
then driving off the lot to lose at least 10-15 cents on the dollar for a used vehicle. I try to invest real money in an appreciating security and keep as
little money in the car as possible. I got a 6% used car loan and couldn't be happier. even after the values slid, I am still about $7k ahead in real cash value minus any cash spent in the aftermarket. I love insurance (and gap insurance)... This makes the most sense for me.

 

hmm...i paid off the Z the day i got it. Went to an auction and picked it up in 04 for about 21. Ever since that took about a year to start working it up as far as modding. Now im pretty happy with it, and i'll be keeping it for a long time. I do have a beater to drive around during the bad weather and or areas. I'll be keeping mine for a long time and when it's all said and done i'll buy something else. Not anytime soon though.

 

I bought my used 03 Track Brickyard Z in cash, so i payed it off the day i got it. I did put in an extra $3k of mods in less than a month of owning it lol.

 

I had my 2005 Track Model paid off within a year of purchase (actually, 7 months -- before the end of 2005).

Special-ordered just for me, the odometer had 3 miles on it (yes, that's right, 3 miles) when I drove it off the lot.

I think that I'm going to have difficulty justifying moving from a paid-off, well-handling, and well set-up car to anything else that is not all three. Besides, my Z has spoiled me -- what other car is out there with as much fun per dollar???