it is a really bad idea to put out a loan for an aftermarket part. You will be paying alot more than you need to depending on APR. best bet just to put 10 or 20 dollars in a seperate account to save for it. you will regret getting a loan for it.
Just do like I did, help a buddy install a turbo on his car and when he blows the motor from running it before tuning it, convince him to just give you all of his turbo stuff!
we are all quick to spend money we dont have just save 200 plus a month for 2 years or 400 a month for a year and you will have money to boost and tune.
Financing ANYTHING is not a good thing but you gotta do what you gotta do.
It's funny that people say not to finance performance parts but people finance(with bank) performance cars and also finance wheels, electronic equipment and various other other items on their credit cards that usually yeild more than a 10% interest rate.
To me, if you bought a Focus at $10,000 at 5% interest and got an FI kit for $3-5K @ 5-10% interest for a 2-3 year period, I don't see the harm. I would basically look at the financed $3-5K part as an addition to the car that I couldn't aford at the time of purchase.
lol, i dont see any harm in it either.. lol, using a credit card to go out to eat is even worse. You eat your food and its gone and digested, but you pay interest on something thats gone already, lol.
Wow, not to mention, they have 180 days interest free, with 1,000min purchase. not bad.
i bought my turbo with my credit card, the back didnt mind at all!!!! in fact they like me more, month a ago they even raised my credit line cause i have been payments, of course it is because they want to spend more.
but you gotta do what you gotta do, and if oyu have your mind set on it, no one will stop you
lol i feel you on that...im VERY anxious on my JRSC and BBK im not turning to fianancing ive been working 60 hours a week....making close to over 2G's a month with only 800 a month in bills...micortonal i would like to ask you some questions on JRSC i see your from seattle im going with this set up soon...Kit should be ordered by early to mid june
If you're gonna finance why not get a new credit card with o% apr for 12months and then throw it all on there. Assuming you have a good enough credit rating to get a high enough limit right off the bat. Then you have zero apr for 12 months instead of 6months. Note this is like opening pandoras box if you spend like a fool but if you're abosolutely going to do it and be responsible then this seems like the most logical option to me.
bring your favorite "dirty" Mag to the donation clinic and wack-a-way...after a month or two of this youll have enough money ( and huge Arms) cant go wrong!
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