[jzgrlduff]

I have one more payment on my Jeep and my lease is up, so I'm car shopping. No more leasing for me, I'm buying this time. Buying to keep until I run it into the ground!! I can't believe I've thrown so much money away leasing my last 3 vehicles. :crazy:

OK, so my dilemma. I went over the weekend and almost bought a used Honda CRV because it was only $16,000. The dealer was going to charge me 13.9% interest!!!!!!!!&[email protected]%#*%^[email protected]* Screw that!!!!!

I just got a "pre-approved auto loan" in the mail from my credit union for up to $25,000 at 7.99%. It's a check that I just have to write out to the dealer for whatever amount. I called them to make sure it wasn't some scam, and they verified it's guaranteed for me at 7.99% and all I have to do is write out the check. I have up to 90 days to make the first payment, plus I get to pick the due date!

Now...what do I want?! I'm thinking a new RAV4 or CRV....

 

[zoesmom]

Amy, you won your own home don't you?
How about an equity loan? That way the interest is deductible.

Good luck on choosing your new vehicle.

 

[Denny]

7.99 is a good interest rate?

 

[jzgrlduff]

Amy, you won your own home don't you?
How about an equity loan? That way the interest is deductible.

We do, and already have a small equity loan. I like the convenience of this though, plus it will come right out of my check so I don't have to worry about it. I probably won't even notice a big difference in take-home pay, since the 2 boys will be coming off of my insurance now that they've graduated college. OK maybe a little..... :happy:

7.99 is a good interest rate?

In NJ for a car it is. For me anyway.....

 

[zoesmom]

Amy, you won your own home don't you?
How about an equity loan? That way the interest is deductible.

We do, and already have a small equity loan. I like the convenience of this though, plus it will come right out of my check so I don't have to worry about it. I probably won't even notice a big difference in take-home pay, since the 2 boys will be coming off of my insurance now that they've graduated college. OK maybe a little..... :happy:

7.99 is a good interest rate?

In NJ for a car it is. For me anyway.....

our bank's interest rate...may be worth it to look into it.

Equity FirstLine Plus 4.50% APR
3.64% APR 6 Mth Fixed Rate

 

[jzgrlduff]

It's a bit higher than average, but my credit isn't the greatest when it comes to car payments. I missed one payment not knowing, and it screwed everything up (I was a month behind for months).

 

[MidwestGirl]

Good luck!!

 

[imported_Aim]

My SIL and her husband have a new Honda CRV- it's a really nice vehicle. I'd love one.

 

[imported_Melissa]

Riley said it's time for me to get a new car because mine is very out-dated and old looking.

 

[jzgrlduff]

Riley said it's time for me to get a new car because mine is very out-dated and old looking.

HA HA!! :laugh:
Hey, if it's yours and it runs good......

 

[imported_Melissa]

That's what I told him - it's paid off and it does everything a vehicle is required to do.

 

[imported_kelli]

I want one of these... may i suggest...

 

[jzgrlduff]

What is that, Kel?

 

[bbbmom]

I envy you & the others getting new cars!!! I want the Rav4 or the bigger Highlander.

 

[Anne]

What is that? Range Rover??

Oh! Congratulations Amy! :happy: I can't to click 'send' on my last Jeep payment.

 

[jzgrlduff]

I can't to click 'send' on my last Jeep payment.

Me, too!! I thought I had 2 payments but it turns out I only have 1. My husband drove it to the dealer the other day and said it was like driving a tin can. :nerd:

 

[Anne]

Yikes! It sounds like it is time!

 

[joflake]

Jeep! Jeep! Jeep! Check out the four door Wrangler.

 

[jzgrlduff]

Jeep! Jeep! Jeep! Check out the four door Wrangler.

I have a Jeep! Jeep! Jeep! And I no Like! Like! Like! :laugh: I have the Wrangler Unlmtd edition, the last 2 door they made in the real "Jeep" body style. I don't like the 4 doors at all, they don't look like a Jeep to me.

Besides, I'm tired of being in the Jeep Club. Everytime you pass a Jeep you get a wave or a peace sign. :crazy:

 

[imported_kelli]

Range Rover LR3 =)