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Roush M90 vs debt

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Old 09-09-2012, 10:52 AM
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lawrencecar1
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Default Roush M90 vs debt

For anyone that has installed the m90 and didn't pay cash is it worth the monthly payment? You can see by my mod list my gt is pretty quick and fun the way it is but i am itching for SC. Thoughts ????
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Old 09-09-2012, 02:07 PM
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moosestang
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Financing a supercharger is kinda like financing a vacation. It can be done, but you'd be stupid to do it.

My co-worker was talking about getting a loan to take a trip to Jamaica. I didn't even know people did that.

Is your car paid for?

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Old 09-09-2012, 02:23 PM
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lawrencecar1
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Originally Posted by moosestang
Financing a supercharger is kinda like financing a vacation. It can be done, but you'd be stupid to do it.

My co-worker was talking about getting a loan to take a trip to Jamaica. I didn't even know people did that.

Is your car paid for?
no, still owe 8k. I think i pay off the SC with next year tax return..
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Old 09-09-2012, 05:41 PM
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07GrabU
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Maybe look into that gt500 Conversion to save some cash? Better than that m90 anyways.
Google department of boost if you haven't heard about It.
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Old 09-09-2012, 06:08 PM
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outceltj
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Not a good idea unless they give u 0%
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Old 09-09-2012, 06:29 PM
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99gtstang
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Not a good idea at all. Payoff car then pay cash for SC. What if car breaks, can you afford to repair? Risk of repossession and losing SC. Finance an addition to you house, remodeled kitchen, bath, etc.
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Old 09-09-2012, 07:02 PM
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moosestang
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You should pay cash for something like a supercharger. If you can't do that, then you really can't afford it and surely can't afford to fix it if a rod breaks.

I don't even finance motorcycles anymore. I buy used and pay cash.
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Old 09-09-2012, 07:05 PM
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Warrio17
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Originally Posted by lawrencecar1
no, still owe 8k. I think i pay off the SC with next year tax return..
That's the worst idea ever. Pay off your car before you take out more debt. Or invest at ish. Man that's irresponsible.
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Old 09-09-2012, 07:25 PM
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CMcNam
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Originally Posted by lawrencecar1
For anyone that has installed the m90 and didn't pay cash is it worth the monthly payment? You can see by my mod list my gt is pretty quick and fun the way it is but i am itching for SC. Thoughts ????
Absolutely not.
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Old 09-10-2012, 03:36 PM
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TRexGAWD
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Like everyone else said, terrible idea... Getting into debt for any reasons, other than emergencies, should be avoided at all cost.. Think about anything that could happen after financing that, let's say an emergency arose and you needed a loan.. But couldn't get one because your debt to income is too high now.. Food for thought
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