I dont think car loans are bad as long as you actually have the money in the bank. Dave makes rants for people with poor self control. Most people have reasonable financial literacy
Congrats! I hate dealerships so i completely agree with you Carvana is awesome. Even if you're paying a little more it's for the peace of mind and seamless transaction. No time wasted and you get exactly want you wanted.
Congrats on the new ride. Refinancing is your friend. Unless you just feel good about paying higher interest, just refinance the vehicle. Doesn't matter if you are paying it off in two years or four. Your rate should have been almost half of what it is currently. Deciding to be willfully ignorant is different than being completely oblivious. All the best to you.
Glad you are paying it off in 2 years. Yes, financially, it's not optimal to be taking a loan out on anything above current US Treasury rates; certainly something I wouldn't do myself. But you are right, it's not my money.
@@Larrypopthehood I’ve seen crankhub failure in stock engine with no modifications is a piece of mind I definitely will do crank hub ! I like the content brother ! 👍
Nah, with an M2 competition, you ain't getting 5.5 for a used one. You might get 5.5 for a Tundra, but not an M2 Comp. Remember APR depends on your credit score and the vehicle you're buying.
I dont think car loans are bad as long as you actually have the money in the bank. Dave makes rants for people with poor self control. Most people have reasonable financial literacy
Congrats! I hate dealerships so i completely agree with you Carvana is awesome. Even if you're paying a little more it's for the peace of mind and seamless transaction. No time wasted and you get exactly want you wanted.
Congrats on the new ride.
Refinancing is your friend. Unless you just feel good about paying higher interest, just refinance the vehicle. Doesn't matter if you are paying it off in two years or four.
Your rate should have been almost half of what it is currently.
Deciding to be willfully ignorant is different than being completely oblivious.
All the best to you.
I got financed at 5.74% used 72 months in April just FYI .Congrats on the car though.
I am glad you got a manual. Beautiful vehicle. This vehicle is awesome. Super fun to drive!
Glad you are paying it off in 2 years. Yes, financially, it's not optimal to be taking a loan out on anything above current US Treasury rates; certainly something I wouldn't do myself. But you are right, it's not my money.
Nice m2 comp! 👍 is the crank hub fix?
Bmw specialist said the problem is overblown does not need to be fixed until you do modifications
@@Larrypopthehood I’ve seen crankhub failure in stock engine with no modifications is a piece of mind I definitely will do crank hub ! I like the content brother ! 👍
@rudiaroki1071- Thank you so much for the advice. I will look into it.
All 3 credit agencies for my credit are above 725. Carvana is STILL "offering" me 13% APR!!!
Try a credit union. Or small bank.
Amazing price on the car. Congrats!
Carvana is good. Ppl are just hating.
I miss my M2C.
I was waiting for you to pop the hood.
You could have gotten 5.5 percent from a credit union..
Nah, with an M2 competition, you ain't getting 5.5 for a used one. You might get 5.5 for a Tundra, but not an M2 Comp. Remember APR depends on your credit score and the vehicle you're buying.
@@kuvyoghmoobamelica6883with credit unions it's more so year vs model that play a factor in rates