ble2011

I've always had good luck with Pentagon Federal Credit Union.

Warpig

Here is what I did. I put 50% down and financed the other 50% against myself from my 401K. I was not super concerned with losing my job since we have been crazy busy the past two years and are actually hiring allot of people even still. On the ~14K I borrowed against myself I am paying it back to my 401K at a rate of 3.5% interest (also to myself) My 401K management company only charged me a small fee for the paperwork to set it up. I took the loan against my 401K for three years and have already paid back about two and a half years worth of my "loan". What I owe myself is getting smaller n smaller I only have about 6 months left to pay myself. It could have been a bum deal if I had lost my job 6 months after I purchased the car because I would have had to pay the balance back to my 401K within 60 days. I would then have had to finance another way or sell the car. Since the 993 is holding it's value pretty well I wasn't worried as worst case was I sell and re purchase another later. Not a problem as I have the title for the car in hand since day 1. Not a good idea for many but I had the ***** to do it this way and it's worked out great. On top of it on that 14K I guaranteed myself a 3.5% return on my money when my 401K was at a -6.5% return. I'm providing the return to myself so it doesn't really count but as long as I don't loose my job all is well in the end. I kinda look at it like that's 14K from my 401K that at least isn't in the crapper right now.

Nick

993 770

Earlier this month, 97TT 51k miles @ 2.99% from us bank

hoggel

Ya, if you can't afford to pay cash for a 13+ year old Porsche you shouldn't have one.

But I borrowed money from my local CU for mine at their best rate. No issue with the age of the car. I did pay it off early though because I needed that interest money for mods.

Spidey 993

Who had post #19 in the pool? Congrats you are the winner!

Reddy Kilowatt

That would be me. Please go ahead and deposit your $100 wagers in my Paypal account.

Warpig

Shocked it took that long... my money would have been on #4 or #5 tops

Nick

hoggel

Hmm ... I guess I have no sense of humor.

Spidey 993

You were kidding? : thumbsup:

Sweet, everyone take their $100 bucks back. Game is still on!

Side note: Did you end up doing a wrap or the stripe graphics? Or is that just a modified pic in your avatar?

ilko

These cars are cheap enough that you can put it on a credit card and get "free" airline miles

mongrelcat

+1 on Penfed. Haven't regretted firing BofA for one second.

Spidey 993

You were kidding? : thumbsup:

Sweet, everyone take their $100 bucks back. Game is still on!

Side note: Did you end up doing a wrap or the stripe graphics? Or is that just a modified pic in your avatar?

hoggel

The pic is a rendering done by the place that I'm going to have put on a stripe. I was going to do a retro stripe as in the image but recently I've been leaning more toward the gt3rs4.0 style. Maybe next week.