Hey all. I'm in the market for a new car, my choices are limited because I want something RWD, but I want to stay in the Honda game. The 2 choices seem pretty obvious right? Grew up around Honda's. The NSX hit sales floors the same year I was born. & when I was 7, the 3.2, 6 speed & Targa model had me in love, now that I was old enough to appreciate it. I've driven a V6 Accord for 6 years just had my first & only problem @ 123k, passenger power window regulator. I understand NSX's carry Honda's reliability even though it doesn't carry a Honda price tag. My choices are keep the Accord & get an S2000. Or sell the Accord, throw down the extra money on the NSX, and take advantage of one less insurance payment that could go towards my finance payment. Looking at S2000's & NSX's, I obviously don't care for, ( & honestly don't want) frills or extra technology in my car. Comfort, gas mileage, practicality means little to me. I just want a reliable, fun car to drive. Something noisy, & bumpy. Raw & unrefined.
I'm set on a '91-'94 model, has to be red or white. Under 100k miles with good maintenance records. Budget is $30k. I want to finance & I'll have about $8k or so for a down payment. Hoping for $400-$450/month payments, in order to stay on budget. Not looking to spend the money immediately. I want to finish up this school semester first, so in the late summer I'm pulling the trigger. I'm finishing up next year & my birthday is coming up so I want to treat myself to something nice.
My question is.... How in the world did you guys get your banks to loan you $30k+ for a 20 year old car? Especially for a longer loan like 60, or maybe 72 months.
I'm turning 22. Limited credit history, (one credit card, but since the week I turned 18). Never late or anything also. I don't want to pay some BS 9-10% A.P.R though. I payed 14.3% on the Accord & it was horrid to pay $4k+ in interest when the sticker price was only $12k when i got it :frown:
Thanks for the input guys.
I'm set on a '91-'94 model, has to be red or white. Under 100k miles with good maintenance records. Budget is $30k. I want to finance & I'll have about $8k or so for a down payment. Hoping for $400-$450/month payments, in order to stay on budget. Not looking to spend the money immediately. I want to finish up this school semester first, so in the late summer I'm pulling the trigger. I'm finishing up next year & my birthday is coming up so I want to treat myself to something nice.
My question is.... How in the world did you guys get your banks to loan you $30k+ for a 20 year old car? Especially for a longer loan like 60, or maybe 72 months.
I'm turning 22. Limited credit history, (one credit card, but since the week I turned 18). Never late or anything also. I don't want to pay some BS 9-10% A.P.R though. I payed 14.3% on the Accord & it was horrid to pay $4k+ in interest when the sticker price was only $12k when i got it :frown:
Thanks for the input guys.
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