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+--- Thread: Automotive News Discussion (/showthread.php?tid=10527)
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Re: Automotive News Discussion - Mike - 09-22-2015
davej Wrote:BLINGMW Wrote:If I had to guess I think the stock dropping this much is an overreaction.
yeah, I'm wondering how much more to let it slide before jumping in.
always buy overreactions. the company isn't going out of business. i bought big into bp when the spill occurred. people is stupid. get money from stupid people.
Re: Automotive News Discussion - rherold9 - 09-22-2015
Mike Wrote:+1davej Wrote:BLINGMW Wrote:If I had to guess I think the stock dropping this much is an overreaction.
yeah, I'm wondering how much more to let it slide before jumping in.
always buy overreactions. the company isn't going out of business. i bought big into bp when the spill occurred. people is stupid. get money from stupid people.
Sent from my SM-G900V using Tapatalk
Automotive News Discussion - ViPER1313 - 09-22-2015
Sijray21 Wrote:getting a good rate (ie: less than 2.5%) on a used car is REALLY tough.Top tip for all the young JMU folks, get in with <!-- m --><a class="postlink" href="https://www.cofcu.org/rates/auto_loan_rates/">https://www.cofcu.org/rates/auto_loan_rates/</a><!-- m --> . When I went to get my first car loan they pre-approved me at the prime rate with a minimal credit history (which the guy told me is an offer they extend to all JMU grads because of their partnership with the school.) Their rates are always very low, the only better ones I have seen are through USAA.
Re: Automotive News Discussion - D_Eclipse9916 - 09-23-2015
While we are talking about cheap car loans, I suggest PenFed. I just did a home renovation and to help pay for it I looked around at a couple options.
Turned out you can take an existing car that is paid off and use PenFeds Used Car Loans that are only 1.9%. Was easy, their online portal is surprisingly good and they were clear with communication. All you have to do to join is put $10 in a checking account with them, you can get your $10 back at the end. (referral to be able to do that, just use my name).
Also they don't have mileage or year limitations. And no penalties for paying it off early.
Re: Automotive News Discussion - JPolen01 - 09-23-2015
D_Eclipse9916 Wrote:Turned out you can take an existing car that is paid off and use PenFeds Used Car Loans that are only 1.9%. Was arly.And do what with your car? Take another loan out? I feel like you left out a step here.
Re: Automotive News Discussion - RawrImAMonster - 09-23-2015
I'm guessing use your paid for car as collateral for the loan.
Re: Automotive News Discussion - D_Eclipse9916 - 09-23-2015
JPolen01 Wrote:D_Eclipse9916 Wrote:Turned out you can take an existing car that is paid off and use PenFeds Used Car Loans that are only 1.9%. Was arly.And do what with your car? Take another loan out? I feel like you left out a step here.
huh?
No, all my cars I pay for with cash.
However right as I was buying the corvette was when we decided to renovate the house. After seeing "renovation loans" and using equity of the house, a 1.9% car loan actually is cheaper even after tax breaks. I bought the car with cash, but then turned around and called PenFed and pulled out a loan on it. I had to send them my title, and then you get it back once you pay off the loan.
I was suggesting PenFed for 1.9% for all the guys putting loans on their cars.
Re: Automotive News Discussion - Jake - 09-23-2015
I'll be another +1 for PenFed and I think Joey has used them as well.
I didn't do some complicated thing like DJ but just used their car loan as a car loan for the Denali. Got a good rate (2.2 or something?) and they were really easy to work with. The no age or mileage limit is great, although the rate can/does go up if the vehicle is over a certain number. I think I couldn't get the lowest rate because it had over 100k or something.
Re: Automotive News Discussion - WRXtranceformed - 09-23-2015
Must be some really fun boardroom conversations going on in Deutschland right now:
<!-- m --><a class="postlink" href="http://money.cnn.com/2015/09/23/news/companies/volkswagen-emissions-crisis/index.html">http://money.cnn.com/2015/09/23/news/co ... index.html</a><!-- m -->
Re: Automotive News Discussion - JPolen01 - 09-23-2015
WRXtranceformed Wrote:Must be some really fun boardroom conversations going on in Deutschland right now:This is my shocked face
<!-- m --><a class="postlink" href="http://money.cnn.com/2015/09/23/news/companies/volkswagen-emissions-crisis/index.html">http://money.cnn.com/2015/09/23/news/co ... index.html</a><!-- m -->
Re: Automotive News Discussion - ViPER1313 - 09-23-2015
D_Eclipse9916 Wrote:I was suggesting PenFed for 1.9% for all the guys putting loans on their cars.Last time I checked 1.74 < 1.99 sucka
Re: Automotive News Discussion - D_Eclipse9916 - 09-23-2015
ViPER1313 Wrote:D_Eclipse9916 Wrote:I was suggesting PenFed for 1.9% for all the guys putting loans on their cars.Last time I checked 1.74 < 1.99 sucka
Weird you posted 2.2% before. Just trying to help. If it is 1.74, go that way!
Edit: Just noticed you posted NEW car loans. I am referring to used.
Re: Automotive News Discussion - ViPER1313 - 09-24-2015
D_Eclipse9916 Wrote:Reading still owns you, 1.74 for 2010 and newer 60 month. Pennfed is 2.99 for the same loan.ViPER1313 Wrote:D_Eclipse9916 Wrote:I was suggesting PenFed for 1.9% for all the guys putting loans on their cars.Last time I checked 1.74 < 1.99 sucka
Weird you posted 2.2% before. Just trying to help. If it is 1.74, go that way!
Edit: Just noticed you posted NEW car loans. I am referring to used.
Re: Automotive News Discussion - D_Eclipse9916 - 09-24-2015
ViPER1313 Wrote:D_Eclipse9916 Wrote:Reading still owns you, 1.74 for 2010 and newer 60 month. Pennfed is 2.99 for the same loan.ViPER1313 Wrote:Last time I checked 1.74 < 1.99 sucka
Weird you posted 2.2% before. Just trying to help. If it is 1.74, go that way!
Edit: Just noticed you posted NEW car loans. I am referring to used.
Not quite sure you aren't the one confused yourself. Love you buddy, but I am specifically referring to used cars with no mileage or year limits. 1.99% for PenFed. I haven't found a better rate. New cars? 60 months? Never mentioned it, no need to get defensive bud :thumbup:
Re: Automotive News Discussion - Goodspeed - 09-30-2015
http://jalopnik.com/is-mazdas-sports-car-concept-the-new-rx-7-weve-been-wai-1733761746
Oooo, my tralala
![[Image: 1453323959226591658.jpg]](https://i.kinja-img.com/gawker-media/image/upload/1453323959226591658.jpg)
My ding ding dong.
Re: Automotive News Discussion - CaptainHenreh - 09-30-2015
oh mazda. You teasing sons of bitches.
Please, please, please, just leave the wankel out of it.
Re: Automotive News Discussion - SlimKlim - 09-30-2015
Goodspeed Wrote:
All you need to know is...
![[Image: CgmW2Xg.gif]](http://i.imgur.com/CgmW2Xg.gif)
Re: Automotive News Discussion - G.Irish - 09-30-2015
SlimKlim Wrote:Goodspeed Wrote:
All you need to know is...
Pertinent Robot Chicken: [youtube]MhWCUR-GIo4[/youtube]
Re: Automotive News Discussion - rherold9 - 09-30-2015
New RX concept that will more than likely have a some sort of hybrid rotary
Re: Automotive News Discussion - SlimKlim - 09-30-2015
SlimKlim Wrote:
rherold9 Wrote:New RX concept that will more than likely have a some sort of hybrid rotary
Now it's gone.