View Poll Results: What should my next mod be?
Magnaflow Catted X Pipe
1
3.45%
Ford Racing 3.73s
12
41.38%
17x8 Black Bullits from American Muscle
0
0%
Paying of my loan
15
51.72%
Other
1
3.45%
Voters: 29. You may not vote on this poll
Help Me Pick My Next Mod
03-15-2010, 05:45 PM
#1
3rd Gear Member
Thread Starter
Join Date: Sep 2009
Location: Los Angeles, CA
Posts: 516
Help Me Pick My Next Mod
Hey guys,
I'm starting to save up for my next mod which I'll be purchasing within a month or so and I cannot decide for the life of me which one to get first.
My options are: Magnaflow Catted X, Ford Racing 3.73s, 17x8 Black Bullits from Americanmuscle.com, paying off my loan on the car or none of the above.
Make sure you guys vote and if you have anyother suggestions let me know!
I'm starting to save up for my next mod which I'll be purchasing within a month or so and I cannot decide for the life of me which one to get first.
My options are: Magnaflow Catted X, Ford Racing 3.73s, 17x8 Black Bullits from Americanmuscle.com, paying off my loan on the car or none of the above.
Make sure you guys vote and if you have anyother suggestions let me know!
03-15-2010, 06:51 PM
#5
TECH SAVANT
Join Date: Dec 2006
Location: Saint Augustine, FL
Posts: 10,938
It's not anywhere near as much fun, however paying off the loan is the smartest thing you can do--unless you have a so-called "pre-computed" loan in which the payoff amount includes the interest that would have been paid over the entire term of the note.
Read more about this here...
If you have one of these loans you're going to pay the interest whether you pay it off now or over the full term of the loan--so, you may as well have fun now and pay the interest over time with dollars of decreasing value due to inflation (which we will have buckets of by this time next year).
If the term of your loan is over 61 months than Federal law has blocked this since 1992, but if it's less than 61 months and from some sleazy sort of lender make sure you cheek the terms well...
Read more about this here...
If you have one of these loans you're going to pay the interest whether you pay it off now or over the full term of the loan--so, you may as well have fun now and pay the interest over time with dollars of decreasing value due to inflation (which we will have buckets of by this time next year).
If the term of your loan is over 61 months than Federal law has blocked this since 1992, but if it's less than 61 months and from some sleazy sort of lender make sure you cheek the terms well...
