I feel like the supra is the mirror of the acura NSX.

10 years of “its coming soon”, but while the acura got more exciting as time went on with new updates (although it got old fast), every update on the supra is like “hey this car WILL BE LAMER than your dreams”.

Maybe they are setting us up for disappointment so we…

except that you have to have it PLUGGED IN. total deal breaker. Its 2018 and I have to PLUG my stupid phone in to get android auto to work?

Its embarassing.

I bought my car BECAUSE of android auto, but refuse to use it because the whole point of android auto is to not have to take my phone out. I don’t take keys out…

Interesting. Thanks for your thoughts!

I kind of like the looks, and think the crossfire is one of the best looking roadsters ever made... but to each their own I guess! ;)

Which is probably a scary percentage of people. I was working with a guy who didn’t even know you COULD get rates from other places like credit unions and other banks... he had a high credit score even!

Thats rust?

Man... I’d call those rust free examples ;)

-From the rust belt

829/month isn’t THAT high. I mean it seems like I read on here people doing 700/month on 30k/year incomes. Whats another $130/mo?

The 20k is probably the tough thing, but if you have a trade in...

Maybe the question is “what is rich”.

I met a guy who bought a Tesla model S on sub-40k/year salary. Thats about…

I agree. I’m no tax lawyer, but There’s no rule about legitimately making bad business decisions.. So if they buy it on a 1 month lease and legitimately use it for business purposes during that month... I’d say its hard to cry foul on that.

I’ve also witnessed plenty of people commit tax fraud. recently witnessed a…

11% was average for last year for that credit score. 14% is what this year is looking like but I can’t find a published average for Q1 2018. I don’t think its a stretch to assess with the best information available, and “average” is as good as I can get without hearing anything different.

Just because 32k is “average”…

One kicker though is while it sounds “crazy”, a lot of people do it through their companies. So while that sounds “awful” to you, if you do it with pretax money and write it all off, its stomachable.

I know a few people who have done 1 month leases on new porsches. Why? So their company takes the depreciation hit, and…

I fully support Tom on this. Very FEW people understand it. we can’t talk about it enough!

motmot- I’m glad that you help people in the subprime area.

I agree with your statement fully... but say someone makes 125k per year and has a 600 FICO. Would you recommend they get a 32k car with a loan?

Personally, I wouldn’t. I’d tell them to either:
1. Pay cash for a car
2. Put down 90% and leave the 10% to build…

Funny- I had a BMW 330i and I bought a Sonata because I did about 15k in work out of warranty...

that is FALSE. CPO gets the warranty as well and right now I can find many many sub 10k CPO Hyundais and Kias which get the 10 yr / 100k warranty.

Their CPO warranty gives you:
10 year/100k warranty
Sirius XM
150 point inspection that must meet CPO standards

I won’t disagree. I don’t like credit scores or the system... but I also don’t like car loans and debt ;)

I’m not on a high horse. I want to help people. Whats bullshit is that people think “everyone with a 620 buys a new car” and “subprime buyers paying 32k is reasonable”. THATS bullshit.

Sub-prime borrowers need to know that they are being raked over the coals because they are subprime, and that has serious ramifications…

Have you done your research lately? 11% was the average credit score last year for a sub-prime lender, and its up to 14% for 2018 already. Kias tend to skew higher as well by the way..

“perfectly fine to buy a new car”? Then pay cash!

Its great that you rebuilt your score over 7 years, but you have to be loaded to be able to afford $17k in post-tax lost interest just thrown in the trash. that’s a boat load of money.

They said themselves that with the credit score they couldn’t get a good deal... your right he might have his “affairs in order”, but even if your a millionaire, can you afford to give up $17k in interest expenses?

But ultimately it is case-by-case and everything could be fine... Not trying to say its always awful, but…

4%ish isn’t bad at all. Average subprime last year was 11%, and its up already this year. Average subprime on a KIA is around 14% right now.

And I’m sure SOMEONE on here will chime in about how their 14% interest rate was leveraged on a 23% magic-investment spread and the made 14 million dollars ;) haha.

I won’t disagree with the situational aspect... and there are always exceptions. Even if it isn’t your “fault” that your credit score is bad though, that doesn’t change the impact on interest rates, and therefore the cash outflow that drains from your accounts.

When I was young my wife cheated on me too. I did a…