Best FGT financing/terms nationwide?

FE065 · July 10th, 2006, 04:24 PM

Stopped at a Ford dealer to look at their used 2002 Viper GTS..they also have a newly arrived Ford GT !

Hmm...so I'm wondering just what the max term/min interest rate IS on a $167,000 FGT... anyone have term/rate examples that would apply to MI borrower?

**Smackie** · July 10th, 2006, 04:29 PM

I wouldn't do that deal with conventional financing. It'd have to be a cash purchase or some sort of home equity line where I could offset the interest with the deduction.

**Biggest** · July 10th, 2006, 09:32 PM

If you're wondering about financing you'd probably be better off with the used Viper...

FE065 · July 10th, 2006, 10:32 PM

Quote:

Originally Posted by Biggest

If you're wondering about financing you'd probably be better off with the used Viper...

I was more expecting, " If you have to ask , you probably can't afford it."

vten · July 11th, 2006, 09:09 AM

is anyone leasing them?

DEESE · July 11th, 2006, 09:29 AM

Buy the viper and invest 100k or so in some real estate. Conventional financing would eat your shorts.

**Biggest** · July 13th, 2006, 02:44 PM

Quote:

Originally Posted by FE065

I was more expecting, " If you have to ask , you probably can't afford it."

Errrr, that's what I DID say, just maybe in nicer terms... :bigsmile:

**Minivan Man** · July 13th, 2006, 03:00 PM

Quote:

Originally Posted by FE065

Stopped at a Ford dealer to look at their used 2002 Viper GTS..they also have a newly arrived Ford GT !

Hmm...so I'm wondering just what the max term/min interest rate IS on a $167,000 FGT... anyone have term/rate examples that would apply to MI borrower?

Just use the rule of thumb: $20/thousand/month. Or about $3400/month. Sounds silly even for such a nice car, right?

**Biggest** · July 14th, 2006, 07:02 AM

Is THAT what my payments are?

FE065 · July 14th, 2006, 07:16 AM

Dealer quoted approx $2500/mo @ 9% for...what was it..7yrs?

Siriwat · July 22nd, 2006, 09:45 PM

Quote:

Originally Posted by FE065

Dealer quoted approx $2500/mo @ 9% for...what was it..7yrs?

Forget it man. What are you thinking? The car is for people like talk show host and the rich and famous and shit!

FE065 · July 22nd, 2006, 10:09 PM

Thank you for your contribution

**CHAD** · July 23rd, 2006, 09:19 AM

Grab a Robb Report or the like and call one of the high end leasing companies. They should be able to help you out. Regular leasing companies and banks won't touch higher end cars as they have no idea how to residualize.

**Minivan Man** · July 24th, 2006, 07:21 PM

Quote:

Originally Posted by Biggest

Is THAT what my payments are?

You probably don't have payments. Or you pulled the money of your house if you did borrow the cash.

**CHAD** · July 25th, 2006, 08:37 AM

Did you just ask Big Oil to flex?

Anthony - 98 GTS · July 25th, 2006, 09:33 AM

Quote:

Originally Posted by Schill

You probably don't have payments. Or you pulled the money of your house if you did borrow the cash.

Shill - you should know those in Midland just add an extra valve to the oil well in the back yard. Pretty simple payment plan.

**Minivan Man** · July 25th, 2006, 09:40 AM

Tease Biggs all you want. Ever since the FGT, he has been noticeably absent, dropping in only momentarily to see if there is anyone criticizing oil or lauding the FGT. We can pretty much say whatever we want about him now.

**Minivan Man** · July 25th, 2006, 09:55 AM

For example:

Biggs has a tattoo of an oil derrick on one side of his penis. Sometimes when he is lonely, he engages in personal "exploration and production."

**Minivan Man** · July 25th, 2006, 10:39 AM

Biggs has a tattoo of a ruler on the other side of his penis. He uses it to perform "Measurement While Drilling."