How much of your skyline do you own???

[DAN00H]

I know a lot of people that have car loans these days.... What are peoples opinions on owing money on their ride - ie, car finance?

I used to have a loan on one of my fords (years ago) and decided that sucked. IMHO the only good debt in regards to cars is the DETT!!

(took me 5 years to be able to buy my GTR outright - while paying off my house). I drove round in an old Torana for a year while trying to clear my debts...

[nmcmahon83]

By my calculations, i own about 52.50% of my 'line.

However, this is due to the fact I originally wanted an S13 Silvia so I got a loan for $12k and planned to spend my $6k i'd saved for mods... but as it turns out, I spent it all on my R33 and now have to save for mods.

Ohwell. Car loans are crap. I see my money go in every second wednesday, comes out again every second thursday lol.

[nizmokid]

payed in cash .....no debt on the car.

[DAN00H]

I guess it's not too bad if you have a car that you plan to keep for a long time - in that case it is a good means for obtaining the car you want. Where a lot of people fall into a trap is when the car they are paying off is worth less than what they owe....

[Abo Bob]

No bank or anything would ever give me a loan so I paid cash for all my cars. When I got my 99 SSS Pulsar and also my GTT I wanted to do driveby-****-you-alls to all the banks.

I think I've spent about 5 or 6 grand since buying this one too which makes the final numbers seem scary. Still, my house will not be paid off until 2033 at the rate I'm going on that loan, haha.

[DAN00H]

A friend of mine still owes $15k on his car AFTER selling it... he lost his job and could not make the payments.....

[Lukas]

A friend of mine still owes $15k on his car AFTER selling it... he lost his job and could not make the payments.....

:elaugh: Oh NO... that would suck! I payed cash for mine, so I guess I own 100%

[wises]

i took money out against my house so i own my car, but i now own a little bit less of my house

better than having another loan though

[Bass Junky]

I own from the firewall forward.

$500 more each month though.

And at the end, I have to buy the rear end.

[xRHETTx]

Personal loan, therefore i own all my car but owe the bank $7000 still.

[LBR33]

No banks for me i own 100%

[Blitz]

100% ownage

[zymotic]

53%

[GRUNTN]

nothing owned on the skyline but took me 9yrs of pooring cash into commodores and debts that will never go as fast as the r32 ,,,,,dyno day 2morrow,,,,cant wait

[Veilside R33]

i owe my folks like 3k on mine.but im thinking of selling it, getting a fulltime job and buying a house.

[Z!G]

100% paid in cash

It's good to be debt free

[P1E]

100%.

[Ronin 09]

I own this much.

[silva33]

100%

[Gizmo73]

0% !!

:boinkcar:

Novated Lease is awesome - all of my "mods" are actually "repairs"...

I think in the next year the turbo may be breaking.. :innocent: