# Re-financing question **URL:** \ **Category:** NYSpeed Automotive\ **Created:** [March 2, 2008, 5:34pm UTC](https://forums.speedlife.net/t/re-financing-question/44302 "2008-03-02T17:34:09Z")\ **Posts on this page:** 18\ **Page:** 6
**Author:** ![Nikuk](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/nikuk/32/7254_2.png) [@Nikuk](https://forums.speedlife.net/u/Nikuk)\ **Post date:** [March 3, 2008, 1:22pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/101 "2008-03-03T13:22:15Z")
I’ve eben there, & done that. It just is, for more reasons that I can fit into one post. ---
**Author:** ![66impalass](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/66impalass/32/7429_2.png) [@66impalass](https://forums.speedlife.net/u/66impalass)\ **Post date:** [March 3, 2008, 1:24pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/102 "2008-03-03T13:24:08Z")
same here, I was 21/22 she was 19/20, its was dumb ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [March 3, 2008, 1:32pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/103 "2008-03-03T13:32:43Z")
Because it takes a failboat load of maturity to successfully live with a girl. Don’t force yourself to be that mature yet. Oh, wait. I was done with this thread. ---
**Author:** ![Hass](https://avatars.discourse-cdn.com/v4/letter/h/51bf81/32.png) [@Hass](https://forums.speedlife.net/u/Hass)\ **Post date:** [March 3, 2008, 1:39pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/104 "2008-03-03T13:39:54Z")
/waits for more discussion about the girlfriend. Since I was considering it this summer 😛 Not moving in with him, anyway… But, with my GF… ---
**Author:** ![boardjnky4](https://avatars.discourse-cdn.com/v4/letter/b/96bed5/32.png) [@boardjnky4](https://forums.speedlife.net/u/boardjnky4)\ **Post date:** [March 3, 2008, 1:49pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/105 "2008-03-03T13:49:35Z")
> [@Fry](#): > > Because it takes a failboat load of maturity to successfully live with a girl. Don’t force yourself to be that mature yet. > > Oh, wait. I was done with this thread. he nailed it. I live with my girlfriend and I love it, but I KNOW FOR A FACT that if I was in this living situation when I was 19, I would hate my life. Get an apartment with a friend, and party like rockstars, thats what being your age is all about man. ---
**Author:** ![AShort](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ashort/32/4947_2.png) [@AShort](https://forums.speedlife.net/u/AShort)\ **Post date:** [March 3, 2008, 7:29pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/106 "2008-03-03T19:29:13Z")
one last question. now if i turn my car in for a cheaper car, can they roll over the 2k that i owe on another loan? ---
**Author:** ![snowracer101](https://avatars.discourse-cdn.com/v4/letter/s/258eb7/32.png) [@snowracer101](https://forums.speedlife.net/u/snowracer101)\ **Post date:** [March 3, 2008, 7:37pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/107 "2008-03-03T19:37:20Z")
> [@JDMjunkie](#): > > one last question. > > now if i turn my car in for a cheaper car, can they roll over the 2k that i owe on another loan? Yes, but banks HATE negative equity… so good luck. ---
**Author:** ![AShort](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ashort/32/4947_2.png) [@AShort](https://forums.speedlife.net/u/AShort)\ **Post date:** [March 3, 2008, 7:45pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/108 "2008-03-03T19:45:45Z")
> [@sedlmeier101](#): > > Yes, but banks HATE negative equity… so good luck. thank you, i might have found another car 🙂 :edit: it’s a honda…so it matches my name better lol ---
**Author:** ![greenbull](https://avatars.discourse-cdn.com/v4/letter/g/bc8723/32.png) [@greenbull](https://forums.speedlife.net/u/greenbull)\ **Post date:** [March 3, 2008, 7:49pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/109 "2008-03-03T19:49:25Z")
how much for B & M? and maybe the sport lines? lol sorry i just had to ask…just so happens im in the market for a short shifter. ---
**Author:** ![Fry](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/fry/32/7284_2.png) [@Fry](https://forums.speedlife.net/u/Fry)\ **Post date:** [March 3, 2008, 7:54pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/110 "2008-03-03T19:54:56Z")
> [@JDMjunkie](#): > > now if i turn my car in for a cheaper car, can they roll over the 2k that i owe on another loan? Yep, you can do that. The dealership will just figure a bottom line: Focus +$6000 Trade -$16000 Old Loan Payoff +$18000 New Loan +$8000 ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [March 3, 2008, 8:00pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/111 "2008-03-03T20:00:40Z")
I hope the lude works out for ya 🙂 ---
**Author:** ![AShort](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ashort/32/4947_2.png) [@AShort](https://forums.speedlife.net/u/AShort)\ **Post date:** [March 7, 2008, 12:21pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/112 "2008-03-07T12:21:40Z")
Well after talking things over with my father. We’ve decided that i’m going to keep the car. He helped me with a budget and i can afford it no problem now. We’re still going to go to the dealer and see if we can get a lower monthly payment, but until then it’s okay. Also I’m not moving out for a while. At least until late August, early september. I’d like to thank everyone for there insight and help. I really appreciate it. I’d also like to ask Fry or any of the mods…if i make a WTB: Honda thread, please give me an infraction or something lol 🙂 At least until i’m ready to get a project…but now really isn’t the time. Thanks again! -Anthony ---
**Author:** ![93dx\_hatch](https://avatars.discourse-cdn.com/v4/letter/9/90ced4/32.png) [@93dx\_hatch](https://forums.speedlife.net/u/93dx_hatch)\ **Post date:** [March 7, 2008, 12:25pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/113 "2008-03-07T12:25:04Z")
You should buy an EVO ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [March 7, 2008, 12:26pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/114 "2008-03-07T12:26:10Z")
Good luck man. Next time you’re know to put enough down that you’ll always owe less than the car is worth so if you decide you need to get rid of it you can easily. ---
**Author:** ![AShort](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ashort/32/4947_2.png) [@AShort](https://forums.speedlife.net/u/AShort)\ **Post date:** [March 7, 2008, 12:33pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/115 "2008-03-07T12:33:15Z")
> [@93dx--hatch](#): > > You should buy an EVO lol…i wanna be just like cky89 😛 he’s retarded lol > [@JayS](#): > > Good luck man. Next time you’re know to put enough down that you’ll always owe less than the car is worth so if you decide you need to get rid of it you can easily. thanks 🙂 yeah i’ve definitley learned my lesson. next time when i buy a car i’m not going to jump into something that i have to worry so much about. ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [March 7, 2008, 12:49pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/116 "2008-03-07T12:49:52Z")
> [@JDMjunkie](#): > > lol…i wanna be just like cky89 😛 > > he’s retarded lol YOU WERE GONNA BUY ONE YESTERDAY. YOU EVEN EMAILED AND CALLED DEALERSHIPS OUT OF STATE. DON’T GO THERE. :thankyou: \<3 ---
**Author:** ![JayS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/jays/32/15375_2.png) [@JayS](https://forums.speedlife.net/u/JayS)\ **Post date:** [March 7, 2008, 12:57pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/117 "2008-03-07T12:57:39Z")
> [@JDMjunkie](#): > > yeah i’ve definitley learned my lesson. next time when i buy a car i’m not going to jump into something that i have to worry so much about. You can still buy an expensive car if you can afford it at the time, but being able to afford it at the time should include putting enough down to be ahead of the depreciation curve. My GTO was pretty expensive since I bought it with 1640 miles, but I put enough down that if at any point while paying off the loan something happened and it was no longer in my budget I could easily sell it cheap and still pay off the loan. If I couldn’t have put that much down I wouldn’t have considered myself able to afford it. Unfortunately a lot of people don’t think that way. They say that right now, today, they can handle a $400+ a month car payment and that means they can afford it. They don’t think about where they’ll be in 3 or 4 years when they’re still stuck making that $400+ a month payment, or what happens if they have a life changing event like an accident, layoff, kid etc. ---
**Author:** ![AShort](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/ashort/32/4947_2.png) [@AShort](https://forums.speedlife.net/u/AShort)\ **Post date:** [March 7, 2008, 1:00pm UTC](https://forums.speedlife.net/t/re-financing-question/44302/118 "2008-03-07T13:00:42Z")
> [@JayS](#): > > You can still buy an expensive car if you can afford it at the time, but being able to afford it at the time should include putting enough down to be ahead of the depreciation curve. My GTO was pretty expensive since I bought it with 1640 miles, but I put enough down that if at any point while paying off the loan something happened and it was no longer in my budget I could easily sell it cheap and still pay off the loan. > > If I couldn’t have put that much down I wouldn’t have considered myself able to afford it. Unfortunately a lot of people don’t think that way. They say that right now, today, they can handle a $400+ a month car payment and that means they can afford it. They don’t think about where they’ll be in 3 or 4 years when they’re still stuck making that $400+ a month payment, or what happens if they have a life changing event like an accident, layoff, kid etc. that’s true. i only put down 1k for my down payment but i needed a car asap. i was stupid and wouldnt settle for anything cheaper. but you live and learn > [@cky89](#): > > YOU WERE GONNA BUY ONE YESTERDAY. YOU EVEN EMAILED AND CALLED DEALERSHIPS OUT OF STATE. DON’T GO THERE. > :thankyou: > > \<3 i didnt call. i just emailed 🙂 [Previous page](https://forums.speedlife.net/t/re-financing-question/44302.md?page=5)