Sounds a lot like where i grew up, except it was older trucks lifted so high you could stand tall and walk under them... of course they are not street legal but are made for mudding... however i always felt different.. i like fast cars lol


OP i think it is an okay deal if manual is what you really want, however keep in mind its going to be at least a $1500 loss of investment due to an older year, manual, and more miles are on it.. either way as long as it dont have a bunch of problems im sure youll be happy with it

also glad to see you unblocked us... i know these guys seem harsh at first but they definitely grow on you

 

Yeah, it's just been so long since I joined new forums that I forgot how it goes.

My logic is that by getting the manual I'm sure I'll keep it, and constantly be working to upgrade and learn everything about it. I don't mind the loss now in comparison.

 

yeah if its what you want im sure youll be happy, and youll get more enjoyment out of a manual vs an auto and youll get better power gains when actually putting the power to the ground too

 

Since I still owe on the car I might have to do a stealership trade :'(
But in the end it'll be worth it.
I quite like shine's spec-a kit and it has good reviews, but that's far down the road now.

 

You can sell a car if you still owe on it , trading it in is the last thing you would want to do.

 

What he meant is, the dealership are going to rip you off on the price of the new 350Z you are getting and on top off the trade in 350Z price. So, you are better off sell it to some kid as a private sell. Then look up the decent manual one on Craigslist or classified car sale here in my350z.com website.

 

Can't sell or trade private because I owe on it. Have to go through dealership.

 

Unless that's the terms of your financing you can sell the car, pay whoever loaned you money and get the title to transfer. Just because you owe on a car doesn't mean you can't sell it.

If you agreed to terms that said you HAVE to sell it back to the dealership if you haven't paid it off yet, you're a very stupid person and the dealership pulled one on you.

 

I owe more than its worth or what you're saying would make sense. I owe about 3k over.

 

Privately selling it will yield more money than trading it in. Even if you payed 10k more than it's worth, the dealership would give you 5k (for example) for trade vs. 8k privately.

 

You cannot privately sell a car that you owe more than it's worth

Who do you think is going to pay it off....

 

Dude. If you trade in your car to a stealership, you are going to end up own 6k over, not 3k. On top off that, the new car you are going to trade in for, is going to be another 3k over, so it is probably going to end 9k over, not 3k. Borrow the freaking money you own on the car to pay off the loan, sell it, get cash in your hands, look for the decent preowned 350Z private or dealership, negotiate the price with cash in your hands, done, you have the 350Z that you want and prefer to keep and enjoy for a long time. Tell me if this isn't a better option.

 

It's a better option in your world of financial fantasy.
Where am I going to "borrow" the money to pay off my loan?
With another loan? You do realize that a personal loan at my non-existent credit history and this amount would be around 10%apr? Which completely screws your plan.
I could list it private, pay the difference and have the title. Id be at step 0 again with no money and no car of course. First I'm going to see what they appraise it at.

 

That is not a fantasy at all. You just need to get real.
For 20k loan with a 10% apr, that makes 2k in interest. That 10% apr still is yield better than the dealdership trade in.
I don't think any buyer would want to hand you the cash before they see the title in your hand.

Seriously, you need to sit down and think this through. If you really love and enjoy driving your auto 350Z, then you might want keep it for a while. Just mildly mod your 350Z with bolt on just for fun. This way, you can reverse the 350Z to OEM spec when you are ready to sell. When your financial is feasible, then you can go and get the car you want.

 

You obviously don't understand finances, and I'm 19, so that should tell you something. The "a" in apr is annual. Meaning every year is 10% interest. So imagine that 20k loan with 10% apr. I calculated the total interest.

Total Interest on your Loan
Using the minimum payment you'll pay $7853.91($93.50 average per month) in total interest.

Tell me again how that's 2k?

And that's with an average 5year personal loan. And as for your contradicting "no buyer will give cash without the title." Once again.

Where the **** do you expect me to pull out 15k? Because let me know, I'd love to pay it off.

As for the "keep this one," after driving stick for basically the first time recently, I fell in love with it. First on a corolla and then my buddy's wrx. It's an amazing feeling, and I don't mind sacrificing now to be sure that the car I'm tuning and keeping beautiful is something that I won't regret putting money into.

Thanks for trying to help, but I know finances. I just don't know cars.

 

I have bought and sold vehicles without a title in hand, the states bill of sale form and transaction was normally done at the institution that had the title. I will never do it again with Wachovia bank, 30 day title hold even though I paid off the loan with cash.

 

car payments = blah. glad i was able to write a check for mine

 

. 5 year $3k loan at 10%, much less than the hit you would take at a dealership.

Let's say your car is worth/you can sell it privately for $12k and you own $15k , well the dealer is going to give you $9k, you lose your ***. Then they spell you a car that is work $12k once again for $15k plus the different of $6k and that how how most idiots start getting into deep debt.
Dealers really love young military kids, I see my airmen get hosed by dealers every week, they never listen.

 

My mechanic is looking at the car before I buy it, and yeah I have been looking at private sale, as I said I'm going to see what they offer me first.
They've agreed to a weekend test drive, I'll be leaving my car there. If she runs well and doesn't have many mechanical problems, ill try to negotiate a deal.

 

i say front lip, skip the full kit and some nice wheels will do you just fine. I also saw you posted you want to learn more about the vehicle. DIY maint is the best way! Buy some small upgrades for the car, radiator, catch can, oil pan spacer, and DIY.