Paying Cash Or Financing Your Future C8/Auto?
11-06-2022, 01:08 PM
#101
11-07-2022, 08:57 AM
#102
OP, tell me you didn’t see this discussion coming when you started this thread. I think these are helpful if not just entertaining posts. A poll would be sufficient if you wanted numbers. While the people financing and the folks paying in cash are bickering, there’s a gremlin in the corner aka the people leasing. I’ll probably finance when the time comes.
11-07-2022, 12:59 PM
#103
The following 5 users liked this post by BoilerUp4Life:
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JerriVette (11-07-2022),
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Krusty84 (11-07-2022)
11-07-2022, 05:36 PM
#105
11-07-2022, 06:28 PM
#106
Drifting
11-07-2022, 10:13 PM
#108
Drifting
Member Since: Jan 2001
Location: palm harbor/murphy Fl/NC
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C6 of Year Finalist (performance mods) 2019
St. Jude Donor '11, '14
In order for me to not let my credit score fall I have to have small loans on my cars.
It just drives me crazy that credit is king. Paying everything with cash is a credit problem.
We are at the mercy if the credit raters.
It just drives me crazy that credit is king. Paying everything with cash is a credit problem.
We are at the mercy if the credit raters.
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kitesurfer (11-08-2022)
11-08-2022, 07:21 AM
#109
Burning Brakes
credit score is the only reason i considered financing. considered. carmax is wanting my van, so aftger i get my car at BG next week, i think i'll let them have it, and then finance a new truck--that i do not need at all.
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zrracer (11-08-2022)
11-08-2022, 07:33 AM
#110
Le Mans Master
I paid off my late model pick-up & my wife's new SUV before I bought (and financed) my C8. It's all about what you can afford and making informed choices..
11-08-2022, 11:33 AM
#111
Your credit score is based on length of credit, debt to credit ratio and history of paying on time.
Getting a truck you don’t need would actually lower your credit score until you had it for awhile.
11-08-2022, 11:35 AM
#112
My score is near 800 and I don't have a loan nor have I had a loan in almost 40 years. I always wondered how to get my score higher but I imagine for someone who doesn't use credit other than a cc which gets paid every month it's high enough.
I had no credit history when credit cards became the rage and couldn't get one so I bought a boat and financed a small part of it just to create a history. I could exist easily without credit, money in the bank, proven income, owned my own home and vehicles but couldn't get a credit card.
I had no credit history when credit cards became the rage and couldn't get one so I bought a boat and financed a small part of it just to create a history. I could exist easily without credit, money in the bank, proven income, owned my own home and vehicles but couldn't get a credit card.