I wish car payments were like credit card payments

dereksbicycles

dereksbicycles

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This isn't about using credit card to buy a car. You know that many credit card companies give you 6 months of interest free payments. After that, it is high interest payments.

I wish that car dealers would give customers option of doing 6 month interest free payments. That is if customers can pay fast. I wonder if car dealers do something like this only that I don't know about it.
 
dereksbicycles said:
This isn't about using credit card to buy a car. You know that many credit card companies give you 6 months of interest free payments. After that, it is high interest payments.

I wish that car dealers would give customers option of doing 6 month interest free payments. That is if customers can pay fast. I wonder if car dealers do something like this only that I don't know about it.
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Let me go off topic a little bit. Did you know that some stores around Chicago allow you to pay off a bicycle before you can own it? I know of at least three, one of which had a $10,000 bicycle I saw with my own eyes. Just saying.
 
ChicagoBlue2 said:
Let me go off topic a little bit. Did you know that some stores around Chicago allow you to pay off a bicycle before you can own it? I know of at least three, one of which had a $10,000 bicycle I saw with my own eyes. Just saying.
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I didn't know that. Is that kind of alike to Target layaway? You cannot have possession of it until its paid off.
 
dereksbicycles said:
I didn't know that. Is that kind of alike to Target layaway? You cannot have possession of it until its paid off.
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Kind of, yes. There's one on Wells, 2 blocks west of Clark, and there's one in Evanston somewhere. Another one could be Kozy's Cyclery, but we both know how expensive they are.
 
ChicagoBlue2 said:
Kind of, yes. There's one on Wells, 2 blocks west of Clark, and there's one in Evanston somewhere. Another one could be Kozy's Cyclery, but we both know how expensive they are.
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I sure as hell wouldn't make 3 years of car payments before I got possession of my car.......yeah no bueno.
 
ambrosia said:
I sure as hell wouldn't make 3 years of car payments before I got possession of my car.......yeah no bueno.
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All the more reason to get one from a trusted friend or close family member, and in decent shape, no less. Those bicycles in my profile album were well taken care of, until my dark blue one started losing speed, and then started having a brake problem. Not long afterwards, my friend who is good with bicycles, sold me the light blue one and the black and red one for a combined $60, although he could have charged me a lot more-- both cost way more than that, but both are more than 3 years old. Now, the light blue one is waiting for its next ride, sometime this spring, and the black and red one needs some adjustment made to it (I need to get those racing pedals off of it) before I can ride it.
 
ChicagoBlue2 said:
Kind of, yes. There's one on Wells, 2 blocks west of Clark, and there's one in Evanston somewhere. Another one could be Kozy's Cyclery, but we both know how expensive they are.
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I bought used Subaru from Evanston and price was little low than kelley blue book. No complained.
 
ambrosia said:
I don't want a bike :laugh2: you missed the point
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Not just bicycles; can be cars too. I get mine for a discount; family might sell you a car for a lower discount than they would a total stranger, maybe?
 
Let's be clear, I wouldn't pay off a car before I ever actually got possession of it. That's crazy, nobody would do that. This thread is about interest free car loans, not layaway like plans for bicycles. Mmmkay?
 
I'm sure more people will love an interest free car loans. I would never want anyone to have possession of it while I pay off interest free payment. I guess it may depend on business. They may worry about being run out of business. If they can trust customers to pay back, that would make a business more successful.
 
ambrosia said:
Let's be clear, I wouldn't pay off a car before I ever actually got possession of it. That's crazy, nobody would do that. This thread is about interest free car loans, not layaway like plans for bicycles. Mmmkay?
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Cars, yes. Payments are similar, though-- in a way. You get your car, but you still have to pay monthly, or it gets repoed. Same with a bicycle-- if not pay on time (if they let you walk out with the thing that is), they can repo it if you don't pay monthly.
 
Sometimes I think it's necessary to post in pictures.
 
ChicagoBlue2 said:
Cars, yes. Payments are similar, though-- in a way. You get your car, but you still have to pay monthly, or it gets repoed. Same with a bicycle-- if not pay on time (if they let you walk out with the thing that is), they can repo it if you don't pay monthly.
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*whisper* point at Ambrosia - she's crazy and smiley *whisper*

I don't understand why Derek used Target layaway and his post confused me.
 
Foxrac said:
*whisper* point at Ambrosia - she's crazy and smiley *whisper*

I don't understand why Derek used Target layaway and his post confused me.
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He was using it as an example. Many bicycle stores around here do not let you walk out with the bike until you have paid in full; Target and Walmart do this, as well. However, there are a few that do, and their rules are really strict.
 
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