Anybody know of any...

[hull]

good luck guy, i remember not having any credit..thats how ya end up with '91 integras

[Magnusen]

Problem with that plan is... interest rate on a sig loan is usually quite a bit more compared to what it would be if he just borrowed the remainder of the money against the car... insurance rate may be a very small bit more, but loan payments will be less. He'll also have to get full coverage insurance if there is a loan on the car, which, is a must anyway with a car like that IMO.

[HKSemo]

Originally Posted by 01mmmz28

^ you dont have to be on their insurance, just them being on the sig. loan is all. If the car is paid off in full from the cash and the loan, you can get the car insurance in your own name. My mother owns her own insurance co. in Chattanooga TN., PM me if you want, give me your info and I'll ask her about you and an 03-04 cobra. She is licensed to sell insurance in all 48 continental states. Granted I'm 33 yrs old w/ a good driving record, my Camaro Z/28 paid off in full......I now pay $48 per month full coverage through my mothers company.

Yea im fine with insurance, its just the loan.


Im just gna wait. My mom has never really wanted to co-sign me lol. Plus they have waaaay too many loans right now as it is (own 3-4 houses, just bought property in cali for my sister, few car loans), i doubt the bank will want them to have another loan under them.

I can wait longer to get my car. Im in no rush really.

Since im gna wait, i will just wait till my birthday still (november of this year), or perhaps even longer. Im only 19, no need for a "dream" car already.

[HKSemo]

Originally Posted by Magnusen

Problem with that plan is... interest rate on a sig loan is usually quite a bit more compared to what it would be if he just borrowed the remainder of the money against the car... insurance rate may be a very small bit more, but loan payments will be less. He'll also have to get full coverage insurance if there is a loan on the car, which, is a must anyway with a car like that IMO.

yea paid off or not, im only going with full coverage.

I can get $100/month (insurance) on an evo, not paid off, full coverage.

Not ****ing bad


A cobra will be less than that. But i think im still gna stay with an evo. Too many problems with domestic cars lol.

[01mmmz28]

Originally Posted by Magnusen

Problem with that plan is... interest rate on a sig loan is usually quite a bit more compared to what it would be if he just borrowed the remainder of the money against the car... insurance rate may be a very small bit more, but loan payments will be less. He'll also have to get full coverage insurance if there is a loan on the car, which, is a must anyway with a car like that IMO.

where did you get your info from? I have had a co-signed sig. loan w/ a 3% interest rate because the parents have great credit scores. You average auto loan is roughly 7-8% with good credit.

[Memphis]

$100 a month, are you sure they aren't giving you a quote for a Lancer?

[JGT8229]

Originally Posted by HKSemo

yea paid off or not, im only going with full coverage.

I can get $100/month (insurance) on an evo, not paid off, full coverage.

Not ****ing bad


A cobra will be less than that. But i think im still gna stay with an evo. Too many problems with domestic cars lol.

everycar got problems boyy, a evoo hass wayyy more stuff to go wrong than a rustang

[HKSemo]

Originally Posted by Memphis

$100 a month, are you sure they aren't giving you a quote for a Lancer?

yea it was the our agents son who gave me the quote. He knew about the car before i even finished telling him about it lol


"awd turbo right?" "which one the X?"




BTW sweet sig guys
Thanks