Questions tagged [financing]
The financing tag has no usage guidance.
101
questions
100
votes
14
answers
11k
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Should I finance a new home theater at 0% even though I have the cash for it?
My wife and I are considering buying a home theater - plasma TV & new stereo - on Black Friday this year.
We do have the cash for it, but Best Buy is offering 0% financing for up to 3 years on ...
- 1,161
70
votes
4
answers
11k
views
What are some tips for getting the upper hand in car price negotiations?
My family wheels are pushing 200K miles and lights are starting to come on, noises are starting to come out, and I want to investigate a newer car before I sink money into repairing mine.
What are ...
- 25.2k
48
votes
10
answers
15k
views
Could a business be structured around Multi-level Marketing, yet still be ethical? [closed]
Why is there a lot of controversy and claims that Multi-level Marketing (MLM) is unethical? I see it just as a business model. While the customers and clients, distributors or resellers of your ...
- 599
45
votes
25
answers
24k
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My parents claim they cannot pay for my college education; what are my options?
I have divorced parents, one makes a lot more money than the other, but that one (who makes more money) claims due to court rulings he pays a lot of money to the other parent and that they are wasting ...
- 595
33
votes
8
answers
6k
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I'm thinking of getting a new car ... why shouldn't I LEASE one?
Why is leasing a car a bad idea?
bms2
31
votes
11
answers
8k
views
Will a credit card issuer cancel an account if it never incurs interest?
I have a few credit cards that are currently carrying some larger "promotional" balances. These are purchases that I decided to put on a 6, 12, or 18 month 0% APR financing offer vs. taking any points ...
- 413
31
votes
11
answers
11k
views
Is it a good time to replace my used car?
We have a 2005 Chevy Impala with 105,000 miles that we purchased in 2011. We have made many repairs such as replacing the transmission, repairing the radiator, heating and AC system, thermostat, belt,...
- 413
23
votes
13
answers
28k
views
Buying my first car out of college
I just graduated college this past week and have a job lined up making 63000 a year. I was looking at buying a $27000 used 2008 BMW 328i, financing at about 500/month for 60 months.
I don't have any ...
- 239
19
votes
14
answers
16k
views
I’m 18 years old and want to finance a £30,000 car [duplicate]
I'm 18 years old and I've always wanted an Audi Q5. Currently, I'm working full-time. I earn £28,800 annually and that will be due to go up soon. The car I've had eyes on costs £31,789. The monthly ...
- 255
19
votes
7
answers
6k
views
Should I buy or lease a car given that its not a super luxury car and I only drive 15 miles/d on avg?
For my first car, I bought a Toyota Camry. 3 years later I sold that car and I am leasing a BMW series 3. My lease will expire early next yr and I am thinking getting the X3/X5, do you recommend ...
- 301
19
votes
5
answers
1k
views
How will I pay for college?
The SAT is coming up soon for me and, with it, everything college. I had held the impression that I was just going to rack up student loans, go to college, and then pay them off with whatever job I ...
- 291
17
votes
3
answers
25k
views
Leased a car but did not use the mileage - what options do I have
Background:
About three years ago I was victim of carjacking. My car (Honda) which I owned got totaled and after a month of working with insurance I got a equivalent value of my car from insurance ...
- 657
17
votes
3
answers
836
views
How can I survive the economic crisis I see will hit Argentina soon?
I'm from Argentina, where the shit is about to hit the fan just like 2001. We are going to have a crisis similar to Greece in recent times (or us 17 years ago): all debt related.
I'm not an economic ...
- 315
13
votes
1
answer
374
views
How do I set up my finances when first moving out?
I'm ready to move out, and I have a excellent job offer of 32-40 hours a week at $8.40 hourly. I am also looking at moving into a rental closer to this new job, with a roommate; the house is $400 a ...
- 131
9
votes
4
answers
26k
views
For a car, would you pay cash, finance for 0.9% or lease for 0.9%?
Everybody knows "buy used car in cash" is the generally accepted, financially sound decision, but let's assume one wants a nice, fresh, brand-new car.
Given:
Car is $30,000. All-in (inclusive of ...
- 283
9
votes
3
answers
7k
views
Is person-person lending/borrowing protected by law?
Suppose that individual A lends his money to individual B.
In order for A to be protected, what does he need to do? Is his lending protected by law?
(I would prefer to hear the general case, but if ...
- 91
9
votes
5
answers
13k
views
New car price was negotiated as a "cash deal". Will the price change if I finance instead?
I am planning to buy a new car. I went to a dealership and when talking to a sales person I said I can pay cash. He knocked down the price quite a bit.
Since the dealership did not have any low APR ...
- 763
8
votes
8
answers
7k
views
Credit score and financing new car
Little bit about my situation-
Bought a car with cash about 5 years ago, at the time it was a year old. That car is now a total loss and I’m receiving about 5k for it from my insurance. I’m now in ...
- 81
8
votes
3
answers
3k
views
Wife wants to buy me out of our house - how to do this?
My wife and I want to separate, and have agreed in principle that she will pay me half the value of the house we share and I’ll move out. As she has just inherited a large amount following her father’...
- 81
7
votes
2
answers
16k
views
How to determine lease vs buy for specific scenario of a Tesla Model 3 I plan to keep 3 years
I want a Tesla Model 3. Like this guy How to determine car loan length as a function of how long I plan to keep a car I (using his words):
...plan to keep for 3 years (see below for why)
I am ...
- 173
6
votes
2
answers
11k
views
How is interest calculated on PCP agreements?
in December 2018, I'll be at the end of my PCP agreement for my current car and I'm weighing up my options. I've never really paid attention to the details about my previous finance agreements - I ...
- 163
6
votes
2
answers
2k
views
Buying my first car: why financing is cheaper than paying cash here and now?
I'm buying my first car and I'm a bit puzzled. Here you can see price for 2015 Toyota Camry Hybrid XLE (archived).
You can see that MSRP is $34,435, but the dealer is making discount of $8,609, so ...
- 61
6
votes
1
answer
4k
views
Why did a "Bought Deal" Drop the share price of Canopy (WEED)?
Recently a Canadian bank (BMO) has participated in a "bought deal" with Canopy (WEED) for 5 million shares valuing 175 million dollars. The share price went down.
Did the share price go down because ...
- 381
5
votes
2
answers
635
views
In-laws moving in (financial/tax implications)?
We are contemplating moving into a house with an in-law suite in Mississippi and our inlaws selling their house and moving into it. We would pool the sales from both houses as downpayment on the new ...
- 151
4
votes
5
answers
2k
views
New car: buy with cash or 0% financing
Here's my current dilemma: should I buy the new car I'm looking at with cash or have 0% financing for 72 months?
For reference, here is some info about me: I am currently living at home. My plan is ...
- 43
4
votes
2
answers
900
views
Why is BRK.A's EPS (ttm) so high?
I am just beginning my studies in finance and I have noticed that Berkshire Hathaway has an extremely high value for EPS (ttm) and I couldn't find out why. I have compared it to some other financial ...
- 151
4
votes
2
answers
2k
views
Purchasing first car out of college
I will be graduating college soon and I will need a reliable car to get me back and forth from a firm I will be working at. Reliability is really important to me.
I was looking at several CPO and ...
4
votes
1
answer
7k
views
Should I request a car loan before or after changing jobs?
I have a decent credit score (low to mid 700's) and I'm pretty sure I could get approved for a loan. I'll be taking a new job in a new state in a couple of weeks and I would like to get my wife a new(...
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4
votes
1
answer
487
views
Financial planning for Indian baby born in USA
I am an Indian citizen and currently reside in the USA with a student visa (F-1) along with my wife (F-2). Like a couple of months ago we are blessed with a baby boy. Now that he was born in the USA, ...
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3
votes
2
answers
2k
views
For a car, what scams can be plotted with 0% financing vs rebate?
7. Consider paying interest
Zero-percent financing is like a dinner bell; car dealers ring it and
customers come running. After all, it sounds like a great deal when
you consider that your local bank ...
user10763
3
votes
2
answers
750
views
Questions about financing a car at 19
I’m a 19 year old student and have been trying to get through college without a car. However, as more time passes I realize that it would be extremely beneficial to me to have a car as my school is ...
- 31
3
votes
6
answers
2k
views
What is a fair way to split the profits for a co-owned property?
Seeking out some financial guidance...
My partner and I recently purchased a home with my sister and brother-in-law. All spaces will be shared with the exception of bedrooms. We will be meeting with ...
- 31
3
votes
5
answers
538
views
18 years old and looking for advice on loans, buying a car, financing, etc
I'm 18 years old, I've been growing up in a place where there is animosity towards success, trust nobody and help from nobody is the point. Finally I'm on the right path but I'm having troubles. I ...
3
votes
2
answers
409
views
Car dealers offering lower prices when financing a used car
I recently went to a Nissan dealership to buy a used car. They are claiming that they can offer me a price that is over $2000 less if I finance with them, instead of paying in cash. Is this a ...
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3
votes
1
answer
508
views
Car value is almost equal to GMFV with still 2 years to go on PCP
I’m half way through a 4 year PCP agreement with Mercedes Benz Finance (the car’s value was 27500 when I signed the PCP) that guarantees the future minimum value of £12125. My circumstances have ...
- 131
3
votes
2
answers
151
views
Financing and Leasing, difference!
What is the difference between leasing and financing a truck? My friend needs to buy a truck to start a business, and he asked my suggestions regarding the lenders offering a loan. In my search, I ...
- 31
3
votes
1
answer
87
views
How do I properly lend personal money to my own company in Quebec?
I want to finance my company with my personal money (to buy some stuff).
What is the best way to do that in an accounting point of view?
- 141
3
votes
1
answer
262
views
Possible Car Dealership Scam
I am new to purchasing vehicles and handling financial matters in general. I am trying to improve my financial literacy but still have a ways to go. My father is currently trying to purchase a vehicle ...
- 31
3
votes
1
answer
838
views
What happens if I get approved for financing, but don't make the purchase?
I recently applied for financing to buy the Google Pixel. I was approved. When I went to place the order, the shipping time was a month away. I don't want to wait that long. I'll look at other buying ...
- 33
3
votes
4
answers
592
views
What is the best payment plan for buying a vehicle?
I recently started my first job after college/ (Polytechnic? translated from the Swedish word "Yrkeshögskola"). I have worked as a system developer since August where I had my praxis twice before ...
- 33
2
votes
4
answers
314
views
Which is cheaper: 50% down with 50% loan or 100% loan with 50% immediately paid after signing
I find myself in a position of needing to finance a large purchase. Fortunately, I saved a significant amount in expectation of this expense so I have about 50% of the total cost on hand and ...
- 123
2
votes
3
answers
236
views
Pros and cons of these 2 methods of property financing
Suppose a person wants to buy a property. There are 2 methods of financing that come to mind;
1) Get a mortgage and borrow up to 80% of property value to buy the property. This is so that not too ...
- 2,177
2
votes
1
answer
512
views
Does a co-signer on a car loan have any ownership rights to the car?
My girlfriend recently financed a car as the primary holder and her mother cosigned it, with that it was promised (verbally) that the car was going to be for either my girlfriend or her sister. After ...
- 21
2
votes
1
answer
98
views
What does "netting" mean in this passage?
I am not english native speaker, I am Italian.
What is the meaning of "netting" in this passage?
Clearing
the process of transmitting, reconciling and, in some cases,
confirming payment ...
- 21
2
votes
1
answer
194
views
Should we sell our current primary residence to payoff a rental we also own in favor of no mortgages? [closed]
Townhouse: About 10 years ago we bought a nice townhouse for about 300K.
Single family: About 4 years ago we decided to buy a single family house for about 400K and we kept the townhouse and it is a ...
- 23
2
votes
1
answer
4k
views
Monthly payment on a compounded daily car loan? [duplicate]
I just took a car loan. The amount financed is $12,865.57, the APR is 3.06%, and the length is 48 months.
The finance company charges $285.47 monthly. I would like to know how they calculated such ...
- 23
2
votes
1
answer
2k
views
"Convertible -debt/note/bond/debentures" which of these are the same or different?
i came across "convertible debentures" when reading a file for a public company. i didn't know what this term meant, so i went to look it up..
but then became more confused. there are sites that say ...
- 108
2
votes
1
answer
149
views
Titles, Financing and Insurance. How do they work?
I am about to buy a motorcycle so I filled out a financing application with my dad as the co-signer (I'am 19 and have no credit history). However, the dealership informed me the only way they could ...
- 21
2
votes
1
answer
115
views
Is it better to draw down offset or finance a vehicle purchase (or neither)?
Suppose you have something like:
House 1 - ~$550k value. You live here.
House 2 - ~$575k value. Investment property. Tenanted at $570/week.
Loan 1 - $250k, 3.9% variable P&I, $1500 monthly ...
- 389
2
votes
2
answers
92
views
How to share profit based on duration and contribution
Lets Say Entity M manages construction project . A Contributes 500,000 USD at the beginning of the project. after 3 months B Contributes 1,000,000 USD to the project.
after an year from the ...
- 21