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Another car buying thread :-)

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    #16
    Doomed - I seriously value BTS's advice. She's a huge advocate of sensibly rebuilding your credit after BK. I'm in the same boat that you are and will be purchasing next month.

    I think that you can get a safe car for cash, depending on how much you have, such as a Volvo. However, I feel better having a warranty and although I won't be buying brand new, I don't want an old clunker either (I just don't). IF you feel that financing a small amount to get a safer car would be better for you and your son, then by all means, do so. But be sure to give yourself options, and have a Plan A, B, and C.

    I received some great advice in another thread that I'd like to share. Right now, I have a few thousand saved up. So, someone suggested that I find a car in my price range (my chosen one is a Toyota Prius), apply for financing, put down a small amount and then for the first payment provided there is no prepay penalty, make a large payment, thereby getting a few months ahead on the car payment. That gives me a cushion of a few months so that technically I won't fall behind on payments, because I'll still be paying every month after that first large payment---plus making a few extra payments here and there.

    So, find something safe, economical and sensible...maybe an XC90 or a Camry, to tote your precious goods around, while still rebuilding your credit.
    Filed Pro Se Ch. 7 on 7/7/10 341 Meeting 8/19/10
    Last Day for Objections 10/18/10 Discharged to a Fresh New Start 11/1/10

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      #17
      Oh, I forgot to mention, @ BTS - Girl, let them haters drink haterade. You know you rock!!
      Filed Pro Se Ch. 7 on 7/7/10 341 Meeting 8/19/10
      Last Day for Objections 10/18/10 Discharged to a Fresh New Start 11/1/10

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        #18
        Originally posted by backtoschool View Post
        Sooner or later BubbaJoe/TheExpert/ImNotBk/etc... will run out of ip addresses and mac addresses and/or computer lab hours will be over at the prison/mental hospital for the night and it will be lights out time, and we will all get a welcome relief from him/her.
        bts, you make me laugh every time you refer to that loser ;)
        Filed pro se, made it through the 341, discharged, Closed!!!

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          #19
          Originally posted by freedomnow7 View Post
          Oh, I forgot to mention, @ BTS - Girl, let them haters drink haterade. You know you rock!!
          Thanks freedomnow7 . I think your suggestion is an excellent way to build credit post bk. You still get the benefit of the credit line on your reports, but have the security of having a small balance.
          You can't take a picture of this. It's already gone. ~~Nate, Six Feet Under

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            #20
            Originally posted by freedomnow7 View Post
            Oh, I forgot to mention, @ BTS - Girl, let them haters drink haterade. You know you rock!!
            ditto times TEN!!!!!!!!!
            8/4/2008 MAKE SURE AND VISIT Tobee's Blogs! http://www.bkforum.com/blog.php?32727-tobee43 and all are welcome to bk forum's Florida State Questions and Answers on BK http://www.bkforum.com/group.php?groupid=9

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              #21
              Originally posted by doomed View Post
              Let me guess -- you're a big fan of LSU?
              Is this a freaking jab at me? Good lord, what did I do to you? I've never spoken a word to you.
              New Orleans: Home to the World Champion Saints, the biggest enviromental disaster and the biggest natural disaster in the history of this nation. Proud to call it home!

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