This thread makes me sad… A lease payment on an Artura is more than my mortgage. I picked the wrong profession!
Woodside is currently still at 6%, which isn’t much more than other lenders, even with excellent credit.if you can get the loan amount under $200k, you can qualify for a traditional auto loan with a bank or credit union. That does require a hefty down payment. Otherwise you’re looking at speciality lenders like Woodside who charge crazy interest rates as well. If you’re there, you’re pushing the affordability imho (everybody has their own risk tolerance and circumstances). I’d recommend a SBLOC instead of a 7+% interest rate … A bunch of members here have used Woodside, and I feel like they succeeded to keep monthly payments low(er) at the cost of building up asset equity. Basically it’s a lease by a different name.
Normal people auto finance system isn’t really well suited to cars costing a midwestern house.
If I was gonna spec one it would be almost $317k…Where are you getting the prices from? I couldn't see any when I did the configurator.
Ha! I can’t even swing a $120k used 12C so does it matter?Lol. I'm betting you'd settle for one at $237k though!
Definitely not an heir to anything, lol… I was under working age when living outside the US, so they didn’t matter to me.No they just didn't apply to you! If you are an heir then they do. The I.R.S. thinks you are Y.I.S. young irresponsible & stupid.Then you go & do the really stupid things. Get a good job, settle down, buy a 4 door car and property. The IRS is like a shark smelling blood for the first time!