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Elcid89
Posts: 567
Registered: ‎10-04-2012
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Re: Subaru Legacy

Ah,ok then. That makes sense. As long as it's effectively cash funding that you would be paying anyway, might as well get some rewards on it.

 

At $700 a month going straight to principal, you will never be upside down on this paper.

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

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New Contributor
Elcid89
Posts: 567
Registered: ‎10-04-2012
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Re: Subaru Legacy


Dustink wrote:

Thank you again for your input. Great having somebody to bounces ideas off of. 

 

What kind of car's do you like buying?

 

I am a fan of AWD. Been looking mostly at Audi's, Infiniti's, Lancer's, and Subaru's. Also, some Acura's and BMW's.


Dyed in the wool BMW devotee. I traded a 2008 535xi in December for a new 750iL. As far as I'm concerned, there is no other car on the market. I love them.

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $58k - BMW Ultimate $40k
Chase Sapphire Preferred $62k - Merrill Lynch + Signature $41k - USAA Rate Advantage $28k
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Citi Platinum Select / AAdvantage Signature $31k - Chase Amtrak Rewards World MC $41k

Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012
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Re: Subaru Legacy

I was looking into an AWD 328i. Nice car, but the price is high and depreciation sets in quick. Much better fuel mileage than the Subaru, yet still makes good power. Would be nice, but runs about $10k higher.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012
0

Re: Subaru Legacy

Bet that 7 series is comfy.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
New Contributor
Elcid89
Posts: 567
Registered: ‎10-04-2012
0

Re: Subaru Legacy


Dustink wrote:

I was looking into an AWD 328i. Nice car, but the price is high and depreciation sets in quick. Much better fuel mileage than the Subaru, yet still makes good power. Would be nice, but runs about $10k higher.


Yea, they do depreciate more quickly than I would like, but part of my compensation package is a car allowance, so the firm is bearing the bulk of the cost for the car. What I personally have in the vehicle I more than recoup at trade.

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $58k - BMW Ultimate $40k
Chase Sapphire Preferred $62k - Merrill Lynch + Signature $41k - USAA Rate Advantage $28k
NFCU Flagship Signature $50k - USAA Cash Rewards AMEX $28k
Citi Platinum Select / AAdvantage Signature $31k - Chase Amtrak Rewards World MC $41k

New Contributor
Elcid89
Posts: 567
Registered: ‎10-04-2012
0

Re: Subaru Legacy

[ Edited ]

Dustink wrote:

Bet that 7 series is comfy.


Like a rolling cloud (albeit a 445hp rolling cloud). I sprang for the Bang & Olufsen setup this time around, and it honestly sounds better than my home stereo does. Say whatever you like about humorless Germans, and I could say plenty, but they flat out know how to build cars. :smileyhappy:

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $58k - BMW Ultimate $40k
Chase Sapphire Preferred $62k - Merrill Lynch + Signature $41k - USAA Rate Advantage $28k
NFCU Flagship Signature $50k - USAA Cash Rewards AMEX $28k
Citi Platinum Select / AAdvantage Signature $31k - Chase Amtrak Rewards World MC $41k

Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012
0

Re: Subaru Legacy


Elcid89 wrote:

Dustink wrote:

I was looking into an AWD 328i. Nice car, but the price is high and depreciation sets in quick. Much better fuel mileage than the Subaru, yet still makes good power. Would be nice, but runs about $10k higher.


Yea, they do depreciate more quickly than I would like, but part of my compensation package is a car allowance, so the firm is bearing the bulk of the cost for the car. What I personally have in the vehicle I more than recoup at trade.


Even if the firm wasn't reimbursing for the vehicle, sometimes it is worth it if you really enjoy the car.

 

My work provides a few hundred per month for the vehicle, not quite enough to get into a luxury car. I also don't make real good money. Even spending $25k is a bit much. I was thinking about spending less, but I don't want to hate the car.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012
0

Re: Subaru Legacy


Elcid89 wrote:

Dustink wrote:

Bet that 7 series is comfy.


Like a rolling cloud (albeit a 445hp rolling cloud). I sprang for the Bang & Olufsen setup this time around, and it honestly sounds better than my home stereo does. Say whatever you like about humorless Germans, and I could say plenty, but they flat out know how to build cars. :smileyhappy:


Someday you got to check out Audi. The S8 is pretty respectable competition. Both great cars. Big, heavy, and powerful. Legacy= Big, heavy, gutless...lol

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
New Contributor
Elcid89
Posts: 567
Registered: ‎10-04-2012
0

Re: Subaru Legacy


Dustink wrote:

Elcid89 wrote:

Dustink wrote:

I was looking into an AWD 328i. Nice car, but the price is high and depreciation sets in quick. Much better fuel mileage than the Subaru, yet still makes good power. Would be nice, but runs about $10k higher.


Yea, they do depreciate more quickly than I would like, but part of my compensation package is a car allowance, so the firm is bearing the bulk of the cost for the car. What I personally have in the vehicle I more than recoup at trade.


Even if the firm wasn't reimbursing for the vehicle, sometimes it is worth it if you really enjoy the car.

 

My work provides a few hundred per month for the vehicle, not quite enough to get into a luxury car. I also don't make real good money. Even spending $25k is a bit much. I was thinking about spending less, but I don't want to hate the car.


True. I'd buy the car anyway, but it's always better if you can do it with someone else's money. :smileyhappy:

 

Remember, you don't make real good money [yet]. You will, so enjoy the ride. You only get to go around once. Nobody ever carved "If only I'd had a little less fun" on their tombstone.

FICO 04 scores: 809 (EQ) 812 (EX) 818 (TU)

Amex Platinum NPSL - Citi HHonors Sig. $58k - BMW Ultimate $40k
Chase Sapphire Preferred $62k - Merrill Lynch + Signature $41k - USAA Rate Advantage $28k
NFCU Flagship Signature $50k - USAA Cash Rewards AMEX $28k
Citi Platinum Select / AAdvantage Signature $31k - Chase Amtrak Rewards World MC $41k

Valued Contributor
Dustink
Posts: 2,980
Registered: ‎10-02-2012
0

Re: Subaru Legacy

Anyone else have any more thoughts? I am thinking about signing the paperwork tomorrow.

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21    


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%

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