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method of payment?

This is a discussion on method of payment? within the Firebird / WS6 forums, part of the Vehicle Specific category; Well i am about 2 mths away from having enough money to feel comfortable about lookin for a ws6 and ...

  1. #1
    its short but its skinny. jiveass's Avatar
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    pewter
    99 trans am

    method of payment?

    Well i am about 2 mths away from having enough money to feel comfortable about lookin for a ws6 and I was just curious as to how you guys aquired your t/a. Did you pay cash, or was it finance? And if financed, how much higher was the total payoff compared to the market value of the car? I bought my '95 t/a for $3000 back in 2005, and it was a decent car with new heads and lower end. I sold it and then i financed my 2000 formula which total came out to be $9500.

  2. #2
    Spaz is My Mentor SMWS6TA's Avatar
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    Navy Blue Metallic
    98 T/A w/a little mods...

    I paid cash out right, but I also had come into a $$$ when I was looking.

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    its short but its skinny. jiveass's Avatar
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    pewter
    99 trans am

    Quote Originally Posted by SMWS6TA View Post
    I paid cash out right, but I also had come into a $$$ when I was looking.
    yea cash is hard to come by these days. I may just take 4 or 5 thousand to put down on one. Ive seen some nice firehawks and ws6's for sale at some dealerships lately.

  4. #4
    Spaz is My Mentor SMWS6TA's Avatar
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    Navy Blue Metallic
    98 T/A w/a little mods...

    I wish I had some more cash too, I've seen 3 in the last month I want to rescue. 1 Firehawk, 1 WS6 T-top, 1 vert.

    I'm sorta pissed, last yr I couldn't find one within 200 miles, I got lucky with the one I picked up, after a deal with a Firehawk went bad, i came home and she just popped up for sale. Now I see a shit load every where. I know ppl say you only now notice them because you have one. BS I always notice these cars.

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    Veteran Hi-Po's Avatar
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    1999 TA WS.6

    Paid cash for mine.

    In the long run, you will save thousands not paying interest. Really the only way to go IMO, but understand its not always possible.
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  6. #6
    its short but its skinny. jiveass's Avatar
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    pewter
    99 trans am

    yea i never really gave a second look to these cars until i got my 95. I was always into the impala ss, caprice, and regals n such. But once i put my foot off into that t/a, all those other cars were washed from my mind.

    HI-PO, i know what you mean. but like you said, its not always possible. thats why im workin up for a big down payment so it wont be as painful in the end. I wouldnt be in this boat if my formy wasnt stolen. I worked my ass off to save the money to put down on that car.

  7. #7
    Member jerri311's Avatar
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    Had to ask my bank for the cash. couldn't pass up the deal.

  8. #8
    Moderator Cutlass's Avatar
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    1999 Formula WS6 M6-sold
    2001 Silverado Z71

    I paid cash. If you finance try to pay it off fast, like within a year.

  9. #9
    its short but its skinny. jiveass's Avatar
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    pewter
    99 trans am

    Quote Originally Posted by Cutlass View Post
    I paid cash. If you finance try to pay it off fast, like within a year.
    my formula was a 2 year note. but it was stolen before the 2 years were up.

  10. #10
    Member knightryda01's Avatar
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    midnight blue
    2000 Pontiac ram air ws-6

    Stay away from dealerships if at all possible. Always cheaper from a private owner.

    Go to your bank and find out what you can get on a loan for the car. Get pre-approved so you know what you can afford, before you find a car you can't afford.

    Once you locate your car of choice you can offer the owner cash because you already got it.

    The guy I bought my WS.6 from wanted $12000. I picked it up for $9000 cash

    Cash always talks.

  11. #11
    Senior Member 00z28bubba's Avatar
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    2000 Z28

    the z started my credit. 3k down. an 8k financed paid in 18 months. its been so long though so iwould have to get the papers to see what the payoff total was.

  12. #12
    None Shall Pass Knight's Avatar
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    Paid cash for mine. Used money from the retirement fund. Couldn't pass up the deal - $7500.00 for a 99 WS6 with 45k miles and no problems. Guy I bought it from paid $10k only a year earlier and put money in it. Better investment than my 401k - car at least held its value.
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  13. #13
    its short but its skinny. jiveass's Avatar
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    pewter
    99 trans am

    Quote Originally Posted by Knight View Post
    Paid cash for mine. Used money from the retirement fund. Couldn't pass up the deal - $7500.00 for a 99 WS6 with 45k miles and no problems. Guy I bought it from paid $10k only a year earlier and put money in it. Better investment than my 401k - car at least held its value.
    ive thought about doin this as well.

  14. #14
    Yeah baby! Yeah! silverWS6's Avatar
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    Silver 2002 WS.6
    Red 1989 Formula

    I financed mine through my bank but i had to put our truck as a backup i guess cause the car is salvage so the bank didn't wanna do it. The bbk value on it was 13g's at the time and the guy was selling it for 8g's. Well i got the 8g's financed and went a got her and i am now paying 220 a month.

  15. #15
    Junior Member WhiteHawk489's Avatar
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    Arctic White
    2001 Pontiac Firehawk

    i put 4k down on mine. couldn afford to pay mine out right. id rather have a car note on a car i love than a p. o. s. thats paid for!

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