View Poll Results: how much debt r u in?
none
147
40.95%
below $1k
21
5.85%
1k to 3k
25
6.96%
3k to 5k
32
8.91%
5k to 10k
64
17.83%
10k to 50k
55
15.32%
50k to 100k
7
1.95%
100k to omg
8
2.23%
Voters: 359. You may not vote on this poll
how bad in debt are you over your car?
07-31-2007, 01:34 PM
#102
TECH Fanatic
Join Date: Jul 2007
Location: Reading, Pennsylvania
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I owe 20k still on my Imp SS since I just got it a few months ago, and about the same on my student loan. Other than that no credit card debt or anything like that, I try to pay cash for everything else.
07-31-2007, 02:50 PM
#104
Banned
Join Date: May 2007
Posts: 886
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Most of my rolling wheels inventory is paid for. Owe about 25% of the value on the daily drivers, including Jakes wagon.
In my opinion, an old car sales associate in Ohio it's good to have a credit history. How is the guy who waits till he can pay cash for vehicles and mods look in a bankers eyes?
Be smart enough to know your debt to income ratio, don't live on credit cards, and pay your bills on time.
In my opinion, an old car sales associate in Ohio it's good to have a credit history. How is the guy who waits till he can pay cash for vehicles and mods look in a bankers eyes?
Be smart enough to know your debt to income ratio, don't live on credit cards, and pay your bills on time.
07-31-2007, 03:04 PM
#105
On The Tree
iTrader: (2)
Join Date: Jun 2007
Location: Eastern PA
Posts: 180
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Now in debt $8500 as of Firehawk purchase last friday, I love my Firehawk though!!! Well worth the $8500 loan.
Never had a credit card, never will if i can help it.
Never had a credit card, never will if i can help it.
07-31-2007, 03:10 PM
#106
car bought cash five years ago. waited til engine blew now throwing in a rebuilt ls1 with head cam stall headers!! CASH!! then getting a paint job and chassis mods CASH!! god bless saving for a rainy day (or spun bearing)
