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04 RX-8 Renesis Edition?

Old Oct 10, 2012 | 09:54 AM
  #51  
RYgoBOOM's Avatar
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Originally Posted by RIWWP
It's not "Having to borrow".

It's "my financial situation is so poor that the bank will only approve me for $5,000, and I only have another $2,000 to add on top of that". He is maxing his finances out to get an RX-8 that is already going to be on the low end of the totem pole in terms of quality and reliability. It's a recipe for disaster.

Maybe I'm wrong, but...
All good an gravy except for the fact that I NEVER stated the bank will ONLY approve me for 5k lol.

I said I got approved for a 5k loan though

I could get more I just don't want to pay more. I'd like to take the 2k I have to throw into it plus 5k and settle on something for 7k.
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Old Oct 10, 2012 | 09:55 AM
  #52  
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Hmm k, that's a bit different then.

For $7k you might be better served to spend it all on an 8 and keep the $2k for the repairs/maintenance.
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Old Oct 10, 2012 | 09:56 AM
  #53  
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I see what your what saying now. If 7k is his limit he should get a used eco car for now and save up or get a better job. Worked for me.

I had 8k cash for down payment, and only owe 1k now, next note due 5/13 Should have it paid off by 2/13.
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