Well I found out today that they have a guy that does financing for their turbo kits lol... I was just joking around with Freddy at STS about financing a Turbo kit.... he gave me the guys info and now I may have my kit by next week lol..... I think its better because I didnt have enough to build my motor and turbo so this way I can put the money back I was going to spend and just pay monthly.... so if I blow my motor I will be able to just build it then hehehe.... anyways just thought I would throw that out to you guys that may want a rear mount turbo but cant quite come up with 5k.

 

thats cool, what is the rate they are offering? more info...


thx

 

Think that would depend on your credit score. Wonder what the rate would be for someone w/ good credit.

 

Depend what kind of interest you are getting. If they will charge you 1%-2% interest then it may be worth while since you can use the rest of the money and invest it somewhere else, but if it is more than 4% then no thanks coz you'll owe a lot more in the end...

 

I agree..that could blow up your face (literally)

 

..specially for a turbo kit.

 

The only reason I want to do it is because of that very reason.... if something goes wrong I want more than enough to fix what happened.... I dont mind spending 150 bucks a month for it..... hell that is what I would spend if I went to the bar.... I will end up paying more but its worth it to me......

 

I'm sure the rate would be at least 10% even with good credit. Nice to hear about some financing options though I wouldn't do it myself.

 

+1000000 You have to learn the hard way like I just did LAST NIGHT to realize it is the WORST thing you could ever do. Don't do it. if you don't have money to burn...DON'T GO TURBO




Seriously....don't

 

Right on

 

nobody is going to offer financing for something like that for 1 - 2 %, it will easily be over 10% even with good credit.

 

I know it was stupid, but i financed $4k of my F/I kit when I refinanced my car loan (yes, financing the car along with the F/I kit - bad idea). I got a rate of 1.99%, so it's a pretty nice payment and saved me a bunch of money over a normal car loan. And if I blow my motor...then I just have to let the car sit a while and still make payments.

 

Care to elaborate?

 

Bumping for info on this as well..

 

I was thinking more of a credit card loan..lol Most of my credit card are 0%-2%. Last one I had is 2.9% until the credit is payed off.

 

Yeah, I got one of those check dealies from my CC company that was 1.99% for the life of the loan - worked out great. Not sure how they are making their money - I guess just banking that I will screw up on my payments.

 

Thats pretty cool they would offer financing. I'm in the market for FI, I just cant make up my mind. Ekelly, what made you go with that specific turbo set-up?

 

I am going with STS because it makes more torque than a supercharger and I dont have to run as much boost because the charge air is cooler..... imo its safer..... and I dont have to worry about turbo manifolds and all the heat under my hood..... and the financing hasnt gone through yet.... they basically have a shop that arranges financing with a credit union there in Utah. My credit is not that great so I doubt I will be approved..... then again I was approved for a 28k car.... I dunno.....