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Dealer Finance or Personal Loan???

Discussion in 'The Pub' started by 1991_Vn2nV, Sep 20, 2007.

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  1. Sep 20, 2007 #1
    1991_Vn2nV

    1991_Vn2nV New Member

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    After recently deciding not to sell my VS, someone backed into it at a Foodland carpark today and they stuffed the rear bar (broke the clips, cracked the bar). Now i've had enough so I want it gone by the weekend. Obviously I want to trade it in and i've found a car that I like.

    I found a low km 1 female owner MY96 liberty. The thing is thanks to the reversing incident the value of the VS is now lower anyway so im 2 or 3 grand short of being able to have this car by the weekend.

    So should I just go for dealer finance? Or go to my credit union and get a personal loan?

    Whats better and why? If theres not much difference i'll just go dealer finance as its only a small amount and I cant be bothered going to too much hassle.
     
    1991_Vn2nV, Sep 20, 2007
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  2. Sep 20, 2007 #2
    weedo_86

    weedo_86 JC Resident FireFighter

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    i found the dealer finance to be the same rate as most banks and easy to deal with
     
    weedo_86, Sep 20, 2007
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  3. Sep 20, 2007 #3
    AttaBoy

    AttaBoy WTF?!?!

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    Personal loans may have lower interest than dealer finance. But that depends on where you get the loans from.

    See which ones are cheaper then go for that cheap one.
     
    AttaBoy, Sep 20, 2007
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  4. Sep 20, 2007 #4
    Skitz

    Skitz Banned

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    Dealer finance is in the most part on par with a personal loan in regards to interest rates.

    You may however benefit insurance wise going for a personal loan,because as far as the premium goes,you own the car.
    As every insurance company operates under different guidelines it may pay to check with yours to see if this is the case.
     
    Skitz, Sep 20, 2007
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  5. Sep 20, 2007 #5
    1991_Vn2nV

    1991_Vn2nV New Member

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    Ah cool cheers guys. As its only 2/3k small interest differences aren't a worry.

    I'll ring SGIC tomorrow and ask about them. Thanks guys :)
     
    1991_Vn2nV, Sep 20, 2007
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  6. Sep 20, 2007 #6
    minux

    minux Infidel Bear

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    Unless you go a loan for 12 months, i wouldn't do either..too bloody expensive.

    I took the just on 10k balance to pay for the senator over a 12 month personal loan, costing me almost nothing :)
     
    minux, Sep 20, 2007
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  7. Sep 20, 2007 #7
    1991_Vn2nV

    1991_Vn2nV New Member

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    Yeah it will be 12 months max as its only 2 or 3 grand. I want it out the way by this time next year anyway as I have some big plans in 12 months time :)
     
    1991_Vn2nV, Sep 20, 2007
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  8. Sep 20, 2007 #8
    AttaBoy

    AttaBoy WTF?!?!

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    So personal loan it is.
     
    AttaBoy, Sep 20, 2007
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  9. Sep 20, 2007 #9
    VLDavo

    VLDavo New Member

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    just get a credit card
     
    VLDavo, Sep 20, 2007
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  10. Sep 20, 2007 #10
    MasterOfReality

    MasterOfReality Miners go deeper

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    Just borrow it off your parents?

    2-3k is bugger all.
     
    MasterOfReality, Sep 20, 2007
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  11. Sep 20, 2007 #11
    Not_An_Abba_Fan

    Not_An_Abba_Fan Exhaust Guru

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    Go down to the corner for a night and sell your ass, you'll make that in a couple of hours.
     
    Not_An_Abba_Fan, Sep 20, 2007
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  12. Sep 20, 2007 #12
    AttaBoy

    AttaBoy WTF?!?!

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    Bwhahahahahaha LOL
     
    AttaBoy, Sep 20, 2007
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  13. Sep 20, 2007 #13
    1991_Vn2nV

    1991_Vn2nV New Member

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    You obviously havent seen my ass :p

    haha nah I have quite a fine ass, I often stare at it in the mirror through my legs for extended periods of time :)
     
    1991_Vn2nV, Sep 20, 2007
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  14. Sep 20, 2007 #14
    VZTHUNDER

    VZTHUNDER Enhanced Custom Tuned

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    lmao
    we all hear about your arse on msn
    now on JC... we cant escape it can we dylan

    fix the VS and keep it
    or
    fix it then sell it privately. you might get more for it
     
    VZTHUNDER, Sep 20, 2007
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  15. Sep 21, 2007 #15
    1991_Vn2nV

    1991_Vn2nV New Member

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    lol anywaysss...

    Went with personal loan :) No more VS, now a blue MY96 Subaru Liberty.
     
    1991_Vn2nV, Sep 21, 2007
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  16. Sep 21, 2007 #16
    vy_storm

    vy_storm just another moderator... Staff Member

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    On that note, thread closed.
     
    vy_storm, Sep 21, 2007
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