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Old 11-16-2018, 08:17 PM
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01REDSS
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Default Who did this?

Who traded this Demon, # 0360, for a new Z06? I'm just curious about the trade-in value.
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Old 11-16-2018, 08:35 PM
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I think it was Bob...
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Old 11-16-2018, 09:07 PM
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Paul
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Old 11-16-2018, 09:23 PM
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Old 11-16-2018, 10:08 PM
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Man, I like that Mac Tool Box in the back ground, I’d take that over any Demon, any day.
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Old 11-16-2018, 10:41 PM
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I would not trade an appreciating asset for a depreciating asset. That was a bad call.
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Old 11-17-2018, 12:34 AM
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Originally Posted by cdh027 View Post
I would not trade an appreciating asset for a depreciating asset. That was a bad call.
maybe the guy got a smoking deal in trading the demon for the c7z and lowered his monthly payment if he had the demon financed.


Last edited by Mr. Gizmo; 11-17-2018 at 12:35 AM.
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Old 11-17-2018, 11:30 AM
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Originally Posted by Mr. Gizmo View Post

maybe the guy got a smoking deal in trading the demon for the c7z and lowered his monthly payment if he had the demon financed.


financing a demon lmfao
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Old 11-17-2018, 12:11 PM
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Originally Posted by reasonable suspicion View Post



financing a demon lmfao
???
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Old 11-17-2018, 12:12 PM
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Originally Posted by reasonable suspicion View Post



financing a demon lmfao
care to elaborate?
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Old 11-17-2018, 12:36 PM
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Originally Posted by Parcival View Post

care to elaborate?

people do these things all the time. There are many on the forum that finance these z06ís ó- with 10 percent down some are totiní a note for 70 maybe 80k. What would be the huge difference from that thought perspective of financing a demon versus z06? The demon maybe a better daily driver with the street tune running without the skinnies and it has a back seat.

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Old 11-17-2018, 01:04 PM
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Originally Posted by Mr. Gizmo View Post



people do these things all the time. There are many on the forum that finance these z06ís ó- with 10 percent down some are totiní a note for 70 maybe 80k. What would be the huge difference from that thought perspective of financing a demon versus z06? The demon maybe a better daily driver with the street tune running without the skinnies and it has a back seat.
I see. Yeah the notes would be similar.

it would have to be because it didnít fit whatever need the owner had, eg, he got rid of the wife and kids!
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Old 11-17-2018, 05:26 PM
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Originally Posted by Parcival View Post

care to elaborate?

Im guessing not 1 of the 3000 demons were financed
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Old 11-17-2018, 05:33 PM
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Man I like both cars, but I may have just kept the Demon. I wanted one before I bought my ZR1, but the Demon was out of my range.

...................................and I would have had to finance it lol
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Old 11-17-2018, 05:36 PM
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Originally Posted by reasonable suspicion View Post



Im guessing not 1 of the 3000 demons were financed
That sounds more like an unreasonable depiction.
Good guess would more at least like half of them are financed you just pay some cash down. Not everyone pays cash! Esp when they came out a 1.69 percent loan made sense.

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Old 11-17-2018, 05:49 PM
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Originally Posted by reasonable suspicion View Post
Im guessing not 1 of the 3000 demons were financed
Why is that your guess? I financed 15K of my Z06 purchase for the minimum three months, and then paid it off, just because it got me a bigger discount.
Are you claiming that Demon owners are totally ignorant about financial matters?
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Old 11-17-2018, 06:42 PM
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Originally Posted by Parcival View Post

I see. Yeah the notes would be similar.

it would have to be because it didnít fit whatever need the owner had, eg, he got rid of the wife and kids!
yep. The guy lightened his load ólol.

it would be interesting to hear his mindset on the swap first hand.
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Old 11-17-2018, 06:56 PM
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Originally Posted by Warp Factor View Post
Why is that your guess? I financed 15K of my Z06 purchase for the minimum three months, and then paid it off, just because it got me a bigger discount.
Are you claiming that Demon owners are totally ignorant about financial matters?

nope Iím claiming there were no incentives on that car needed to move them. In your case yes it makes sense, but a 3 month term isnít much of a loan term so itís negligible. And yes people I understand some credit unions are giving 2 or 3 percent and you can make 6 to 9 with your money, of which the principal will be less every month to make money with. Iím claiming the risk free easy one payment method on 70 or 80k for a non business expense makes more sense than worrying about the 5 or so percent you might make on such a small amount of money.
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Old 11-17-2018, 07:20 PM
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Originally Posted by reasonable suspicion View Post



nope Iím claiming there were no incentives on that car needed to move them. In your case yes it makes sense, but a 3 month term isnít much of a loan term so itís negligible. And yes people I understand some credit unions are giving 2 or 3 percent and you can make 6 to 9 with your money, of which the principal will be less every month to make money with. Iím claiming the risk free easy one payment method on 70 or 80k for a non business expense makes more sense than worrying about the 5 or so percent you might make on such a small amount of money.
maybe this guy wasnít a roller with hundreds of thousands or millions of dollars he had easy access to pencil whip a check to buy the demon. Some folks make big salaries and look only at the monthly payment then things change up for them.

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Old 11-17-2018, 09:25 PM
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Originally Posted by reasonable suspicion View Post



nope Iím claiming there were no incentives on that car needed to move them. In your case yes it makes sense, but a 3 month term isnít much of a loan term so itís negligible. And yes people I understand some credit unions are giving 2 or 3 percent and you can make 6 to 9 with your money, of which the principal will be less every month to make money with. Iím claiming the risk free easy one payment method on 70 or 80k for a non business expense makes more sense than worrying about the 5 or so percent you might make on such a small amount of money.
oh brother, not in finance, right?? My guess is money launderer ? Or you started a GoFundMe for a homeless veteran and then took his donations? Those two groups are known to pay for cars in all cash.

A lot of us learned a long time ago to take advantage of cheap leverage with no prepayment penalties. Having bought and sold 7 cars in three years I can tell u it takes longer to transfer cash out of my brokerage account.

Easiest bet in the world to win- u lose already know a few.

Whoever said abt half is a much better guess although I donít need the exact # to win the bet

Last edited by Parcival; 11-17-2018 at 09:43 PM.
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