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Which bank/credit union are you guys financing your 993 through?

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Old 12-14-2017, 11:04 AM
  #31  
David993S
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Originally Posted by Detoxx
Another vote for Penfed as I used in the past, had better rates than USAA at the time. Really easy to deal with.
There ya go Detoxx...........getting the thread back on track and spoiling a perfectly good attempt at thread-derailing.
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Old 12-14-2017, 11:10 AM
  #32  
AdamIsAdam
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XCEL FCU in NJ has excellent rates.
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Old 12-14-2017, 11:31 AM
  #33  
Gbos1
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[QUOTE=KrazyK;14669075] I think the 1998 993 Turbo S in top condition is estimated to be worth half a million? Not bad.

These are down in price as of the last year. I know of a 993 Turbo S with 9,800 miles sold in the low $400's range. Some slightly higher mileage examples are now going for in the $300's and high $200's. I think people are realizing the value in the regular 993 911 Turbo with sub 30K miles to be had $200K and below. Again, this all can change and risks.
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Old 12-14-2017, 11:34 AM
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Originally Posted by David993S
^^ This is true. But the reality is most people financing a toy are doing so because they don't have the cash to buy outright, or better yet, invest with a good rate of return. I don't begrudge a person financing a toy, I just personally don't recommend it. People are free to spend their money any way they want.
bingo, if everyone had funds stocked away in investments and took loans to take advantage of the spread, this country wouldn't have massive debt problems.
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Old 12-14-2017, 02:18 PM
  #35  
Detoxx
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Originally Posted by David993S
There ya go Detoxx...........getting the thread back on track and spoiling a perfectly good attempt at thread-derailing.
An individual asks a simple question, and as a result gets 20+ pages of info, some good some bad, very little pertaining to the question asked. Makes it a royal pain in the **** later on to search through all posts to gather the information one is looking for

Gotta love these forums
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Old 12-14-2017, 03:15 PM
  #36  
INTMD8
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Originally Posted by Detoxx
An individual asks a simple question, and as a result gets 20+ pages of info, some good some bad, very little pertaining to the question asked. Makes it a royal pain in the **** later on to search through all posts to gather the information one is looking for

Gotta love these forums
Yes, I just learned most here pay cash for everything. No loans at all, no mortgage, business loans, nothing. Because if it's not paid in cash you can't afford it
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Old 12-14-2017, 03:43 PM
  #37  
uniquenamehere
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Originally Posted by INTMD8
Yes, I just learned most here pay cash for everything. No loans at all, no mortgage, business loans, nothing. Because if it's not paid in cash you can't afford it
and never ask for oil recommendations...

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Old 12-14-2017, 03:54 PM
  #38  
AdamIsAdam
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Originally Posted by uniquenamehere
and never ask for oil recommendations...

Why? What's the best oil? Oh, and when should I change it?




(JUST KIDDING!!!! NO NEED TO START A 30 PAGE OIL DISCUSSION!)
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Old 12-14-2017, 06:16 PM
  #39  
996scott
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2.9% from local credit union for 60 months.
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Old 12-14-2017, 11:58 PM
  #40  
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I just got approved for $48k 72 months at 4.4% from LightStream. Very easy and quick. Still haven't pulled the trigger, but I'm ready to go.

Simple interest loan I can payoff, pay down, refinance or most likely sell the car in 1-3 years as I've done for the past 20 years.
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Old 12-15-2017, 07:57 AM
  #41  
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Originally Posted by adcampo
I just got approved for $48k 72 months at 4.4% from LightStream. Very easy and quick. Still haven't pulled the trigger, but I'm ready to go.

Simple interest loan I can payoff, pay down, refinance or most likely sell the car in 1-3 years as I've done for the past 20 years.
$759.75 per month for 72 months @ a total of $6,702 dollars in total interest.
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Old 12-15-2017, 09:01 AM
  #42  
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Yep, but there is zero chance I'll keep the loan or car that long.

I've bought many expensive cars - lease, loans and cash. I never keep them more than 1-3 years. If something changes with the 993 then I'll pay it off early.

Not everyone has $50k+ sitting around. I'm guessing that's why this thread was created.
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Old 12-15-2017, 09:52 AM
  #43  
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Originally Posted by adcampo
not everyone has $50k+ sitting around. I'm guessing that's why this thread was created.
Not everyone should buy an expensive older porsche either.
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Old 12-15-2017, 09:53 AM
  #44  
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Originally Posted by adcampo
Yep, but there is zero chance I'll keep the loan or car that long.

I've bought many expensive cars - lease, loans and cash. I never keep them more than 1-3 years. If something changes with the 993 then I'll pay it off early.

Not everyone has $50k+ sitting around. I'm guessing that's why this thread was created.
No I hear ya! Not everybody has mountains of cash laying around....well... except here in the 993 Forum.... yeah. That's a good rate and you will probably just pay it off early anyways.
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Old 12-15-2017, 10:34 AM
  #45  
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Originally Posted by Quadcammer
Not everyone should buy an expensive older porsche either.
Wouldn't the same reasoning apply to any purchase? Why did you borrow money to buy a home?
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