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Who did this?
Who traded this Demon, # 0360, for a new Z06? I'm just curious about the trade-in value.
https://cimg7.ibsrv.net/gimg/www.cor...6315dc76a6.jpg |
I think it was Bob...
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Paul
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:lurk: |
Man, I like that Mac Tool Box in the back ground, I’d take that over any Demon, any day. |
I would not trade an appreciating asset for a depreciating asset. That was a bad call.
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Originally Posted by cdh027
(Post 1598349204)
I would not trade an appreciating asset for a depreciating asset. That was a bad call.
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Originally Posted by Mr. Gizmo
(Post 1598349659)
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 |
Originally Posted by reasonable suspicion
(Post 1598350870)
financing a demon lmfao |
Originally Posted by reasonable suspicion
(Post 1598350870)
financing a demon lmfao |
Originally Posted by Parcival
(Post 1598351065)
care to elaborate? people do these things all the time. There are many on the forum that finance these z06’s —- with 10 percent down some are totin’ 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. |
Originally Posted by Mr. Gizmo
(Post 1598351132)
people do these things all the time. There are many on the forum that finance these z06’s —- with 10 percent down some are totin’ 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. it would have to be because it didn’t fit whatever need the owner had, eg, he got rid of the wife and kids! :lol: |
Originally Posted by Parcival
(Post 1598351065)
care to elaborate? Im guessing not 1 of the 3000 demons were financed |
Corvette Tuner in Tampa
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 |
Originally Posted by reasonable suspicion
(Post 1598352249)
Im guessing not 1 of the 3000 demons were financed 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. |
Originally Posted by reasonable suspicion
(Post 1598352249)
Im guessing not 1 of the 3000 demons were financed Are you claiming that Demon owners are totally ignorant about financial matters? |
Originally Posted by Parcival
(Post 1598351253)
I see. Yeah the notes would be similar. it would have to be because it didn’t fit whatever need the owner had, eg, he got rid of the wife and kids! :lol: it would be interesting to hear his mindset on the swap first hand. |
Originally Posted by Warp Factor
(Post 1598352339)
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 I’m claiming there were no incentives on that car needed to move them. In your case yes it makes sense, but a 3 month term isn’t much of a loan term so it’s 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. I’m 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. |
Originally Posted by reasonable suspicion
(Post 1598352620)
nope I’m claiming there were no incentives on that car needed to move them. In your case yes it makes sense, but a 3 month term isn’t much of a loan term so it’s 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. I’m 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. |
Originally Posted by reasonable suspicion
(Post 1598352620)
nope I’m claiming there were no incentives on that car needed to move them. In your case yes it makes sense, but a 3 month term isn’t much of a loan term so it’s 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. I’m 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. 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. :lol: Easiest bet in the world to win- u lose already know a few. Whoever said abt half is a much better guess although I don’t need the exact # to win the bet;) |
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