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Well today I got a wild hair up my ass and decided to go look at new cars. I pretty much knew I wanted a Ford something cheap reliable good on gas and a little sporty. Well I was originally looking for a used zx2 escort with 5spd. I only found 2 used ones both were auto´s. The guy at the used ford dealership said i could get you a great deal on a new one in 5 spd. So I was like ok ill see what he has to offer me and I can say no if I want to. Well He had 2 2003 zx2´s in 5spd a blue one and a silver one. I picked the silver one due to the fact that it is easier to clean then the blue one and i didnt like the tan interior of the blue one. Well he ended up knocking 3000 off the sticker price which was 14000 so i ended up at 11000. He offered me 3000 for my 1995 ranger with 100000 miles on it and I eagerly excepted seeing how I only owe 5000 on it and I am getting blow by from the head up into the intake, the tranny is overdue for a rebuild the suspension is shot due to the fact that I lowered it and although the body is staight many panels have been replaced and painted except for like 3 and it just dont look good with several newly painted body panels and the rest are 8 years old. So that knocked the price of the car back up to 13000 at 8% apr which puts my payments lower than the ones i was making on the ranger and insurance is cheaper so i think i did pretty good. Let me know what you guys think.
 

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You think 8% is bad. If I get that Daewoo on monday (refer to the Car Shopping..., post) I wil be paying 10.4% interest. But thats what I get for being 19 and having no credit. However; the banker said that after a year or so I could refinance and get my rate lowered as well as get my cosigner off the loan. Anyway congrats on the new scort.
 

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congrats on the new ZX2 man.

2EGTS....please dont get a Daewoo. they are crap!! look around a lil more!!
 

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Congrats on the ZX2 man. yeah 8% is bad but not as bad as the Wells Fargo bank tried to sucker me into it´s loan at I think it was 14%. lol i said no and then they told me they couldn´t get me the loan anyway. I didn´t care. anyway. yeah congrats!
 

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10%, shit dude I bought my car at a buy-here-pay-here place when I was 18 with no credit and paid 18.9%. And that was knocked down because I went with my mom who knew the salesman. One good thing that came out if it was that I paid the car off in less then a year, but I guess paying that much interest you get kinda anxious to do it fast.

Anyway, great buy on the zx2. There pretty sweet, IMO.
 
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