Author Topic: Scratching the itch!!  (Read 2581 times)

kafer

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Scratching the itch!!
« on: March 21, 2014, 01:10:59 PM »
I am getting severely tempted to go out and sign up for a 3 year finance deal on a new motor. Its called a Personal Contract Plan.

10% down
36 monthly rentals
and at the end I have a choice of:
A) trading in the car for a new one using the "equity" built up in the old one. ie difference in value between the future value as agreed by the finance company and the trade in value
B)hand the car back
C) purchase outright for the future value

I know this is very unmustachian but I need help from you guys to tell me what a d$%khead I will be do to do such a thing!

Eric

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Re: Scratching the itch!!
« Reply #1 on: March 21, 2014, 01:15:38 PM »
You will be a dickhead if you do such a thing

Rural

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Re: Scratching the itch!!
« Reply #2 on: March 21, 2014, 01:19:59 PM »
You will be a dickhead if you do such a thing

In fact, you'll be the head of a really small dick. Does that help? ;-)

kafer

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Re: Scratching the itch!!
« Reply #3 on: March 21, 2014, 01:25:28 PM »
Thanks Guys :-)

We are talking :

4k down
655 per month
Future value 15K
Interest 3K

After 3 years I'll have paid 27600 for a car I wont own........




Frugal Ninja

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Re: Scratching the itch!!
« Reply #4 on: March 21, 2014, 01:46:58 PM »
AHHHHHH.....Dont fall in that trap!   RUN AWAY!!!!!  SERIOUSLY!!! 

You dont need the advice...you know this is dumb dumb dumb.  You may look cool driving that car...but you know you will reget it and feel like an asshat for falling for such a silly "deal"

lexie2000

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Re: Scratching the itch!!
« Reply #5 on: March 21, 2014, 03:28:15 PM »
Thanks Guys :-)

We are talking :

4k down
655 per month
Future value 15K
Interest 3K

After 3 years I'll have paid 27600 for a car I wont own........

You can't be serious.

EK

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Re: Scratching the itch!!
« Reply #6 on: March 21, 2014, 03:54:40 PM »
This is a joke, right?

 

Wow, a phone plan for fifteen bucks!