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yupididit
yupididit HalfDork
12/29/15 10:00 p.m.

New car loans are easy to get than used car loans.

WOW Really Paul?
WOW Really Paul? MegaDork
12/29/15 10:19 p.m.

In reply to yupididit:

Not always unfortunately, 1-2yo with very low mileage with a good sized depreciation hit already off them seems to be a great option. Even with 1% more interest my $14k 5k mile Abarth will be cheaper than long term than if had I bought a new base model Abarth for $22k w/incentives.

mndsm
mndsm MegaDork
12/30/15 7:26 a.m.
JThw8 wrote: oh and if you can get a loan I have a sweet 2012 Abarth I'll sell you for cheap ;)

While the abarth would be nice, we're taking a slightly more practical route. Found a '14 versa stick languishing on a lot with low miles for under 10k. She can likely get a loan without a trade or a down payment if we do it right. We're going to look at it tomorrow. Probably get a deal on it because no one wants manuals in tourist country. And i think you were right about surrendering the car back to the bhph. We're probably just going to do that after we get the new loan. I know her dti can take it. I made way less than she does and i was carrying a cooper s and my ms3....

JThw8
JThw8 UltimaDork
12/30/15 9:14 a.m.

Cool, sounds like a good deal :) The Abarth comment was mostly in jest as you mentioned them when Fiats were brought up. Getting a loan on a private party car can be challenging and I'm not exactly geographically convenient to you. The Versa should be a great little car.

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