SFR turbo system for Altima 3.5 completed!

[hacku]

Can't wait for this to go on sale. Financing ftmfw...

[Blacktop_Prefect]

^Who are you financing through, and what kind of interest rate are you going to get? All the financing options I could think of involved some kind of "personal" loan with retarded interest rates.

[bigjeff26]

Originally Posted by Blacktop_Prefect

^Who are you financing through, and what kind of interest rate are you going to get? All the financing options I could think of involved some kind of "personal" loan with retarded interest rates.

ok first i work at a bank...


and its TurboKits.com

what they can do as a "Business" they can go to there bank and take out a loan against themselves and use you "the customer" as collateral and make you envitably responsable for making payment on this loan...expect the intrest rate to be anywhere between 9.99%-14.99% "under normal circumstances" (unless the bank has some kind of agreement with the company)..expect to have to give a credit check to them and for them to run CHEXSYSTEMS on you to make sure your not a liablity of payment...


say the turbo is 5K (just for easier computation)
These are all based on 14.99% for worst case scenerio and done threw a loan calculator based on what i would offer as a loan officer..this does not repusent what turbokits.com is doing:


12 Months:
Monthly Payment- $451.29
Total Finance Charges- $415.45
Total Payments- $5,415.45

18 Months:
Monthly Payment- $311.95
Total Finance Charges- $614.99
Total Payments- $5,614.99

24 Months:
Monthly Payments- $242.44
Total Finance Charges- $818.56
Total Payments- $5,818.56

36 Months:
Monthly Payments- $173.33
Total Finance Charges- $1239.86
Total Payments- $6,239.86

42 Months:
Monthly Payment- $153.75
Total Finance Charges- $1,457.35
Total Payments- $6,457.35

48 Months:
Monthly Payments- $139.16
Total Finance Charges- $1,679.15
Total Payments- $6,679.15


Im not a good speller nor do i need to be LOL so deal with the mis-spellings

[anita xo]

[bSER272]

better off putting this on a credit card. I'll take my 9% for a year...

[bigjeff26]

Originally Posted by bSER272

better off putting this on a credit card. I'll take my 9% for a year...

just so u kno the difference between the two yields on such a small amount of money is minut...mayb 4-7 dollars a month do be so nieve...its not a mortgage where each percent reresents 400+ dollars....its more of a matter of the length of the term...

[bSER272]

Originally Posted by bigjeff26

mayb 4-7 dollars a month do be so nieve...its not a mortgage where each percent reresents 400+ dollars....its more of a matter of the length of the term...

First, my comment was hypothetical. I'm not gonna buy this.
Second, amortized over a year, the difference in interest paid between a 9% and 15% loan of 5K would be around $168. If its naive to think wasting over $150 is worth it, so be it. I'd rather have that money in my pocket.

[manibal]

Originally Posted by bigjeff26

ok first i work at a bank...


and its TurboKits.com

what they can do as a "Business" they can go to there bank and take out a loan against themselves and use you "the customer" as collateral and make you envitably responsable for making payment on this loan...expect the intrest rate to be anywhere between 9.99%-14.99% "under normal circumstances" (unless the bank has some kind of agreement with the company)..expect to have to give a credit check to them and for them to run CHEXSYSTEMS on you to make sure your not a liablity of payment...


say the turbo is 5K (just for easier computation)
These are all based on 14.99% for worst case scenerio and done threw a loan calculator based on what i would offer as a loan officer..this does not repusent what turbokits.com is doing:


12 Months:
Monthly Payment- $451.29
Total Finance Charges- $415.45
Total Payments- $5,415.45

18 Months:
Monthly Payment- $311.95
Total Finance Charges- $614.99
Total Payments- $5,614.99

24 Months:
Monthly Payments- $242.44
Total Finance Charges- $818.56
Total Payments- $5,818.56

36 Months:
Monthly Payments- $173.33
Total Finance Charges- $1239.86
Total Payments- $6,239.86

42 Months:
Monthly Payment- $153.75
Total Finance Charges- $1,457.35
Total Payments- $6,457.35

48 Months:
Monthly Payments- $139.16
Total Finance Charges- $1,679.15
Total Payments- $6,679.15


Im not a good speller nor do i need to be LOL so deal with the mis-spellings

Guys,

Just save your money and pay cash. The wait is painful but you wallet will thank you.

[bigjeff26]

Originally Posted by manibal

Guys,

Just save your money and pay cash. The wait is painful but you wallet will thank you.

given if you already have alotta bills like most of you on here then yea pay cash...but if your young like me and looking to build on your credit then its really not so bad...i will be finiancing it ...for the shortest possible term...

[tooslow_4_u]

Im a firm believer in NOT making payments on mods to a car. Save up, and pay it all at once. Or else it will cost more in the long run than you would have paid if you were patient and waited

[tooslow_4_u]

Originally Posted by bigjeff26

given if you already have alotta bills like most of you on here then yea pay cash...but if your young like me and looking to build on your credit then its really not so bad...i will be finiancing it ...for the shortest possible term...

And if you lose your job, then what? or if you get hurt and cant work you will then be getting a Default int. rate that is normally over 30% all because you spent more than you can afford of someone else's money

[NmexMAX]

So, when does this thread turn technical, and when does it stop talking about banking, and lean more toward PSI?

I care more about airflow than banking.

[wild willy]

Originally Posted by tooslow_4_u

Im a firm believer in NOT making payments on mods to a car. Save up, and pay it all at once. Or else it will cost more in the long run than you would have paid if you were patient and waited

If you have to take a loan to do something like this to your car......You can't afford it!!!

[altimaser05]

Originally Posted by tooslow_4_u

Im a firm believer in NOT making payments on mods to a car. Save up, and pay it all at once. Or else it will cost more in the long run than you would have paid if you were patient and waited

i agree about paying it all at once too. that's what i usually do, but this time i thought i'd beef up my credit. check this out on yahoo, trevor lints. that'll show you how hard up for cash i really am.

[reichlj]

I have an 05 altima ser auto with hotshot headers, kinetix intake manifold, plenum spacers, pulley and mangaflow catback system. Howmuch would it cost me to get a stage 2 turbo upgrade, all stainless steel. with a upgrade on the transmision in order to handled the power.