Although I have the wish and intention to purchase an Impreza WRX STI but I do not have the finance needed. Nevertheless, I went to have a talk with the salesperson regarding loans and because it is such an old car, I worry that it would be difficult. So I had him break down what are the requirement and loan structure would be. I was told that I need 30% downpayment instead of the usual 10% and the loan period is only 6 years maximum because of its age. If I have to fork out that huge amount, I could have gone for a car that is newer and with a higher price. The reason why I considered a car of such an age is that it has finally dropped to a price that I could afford. This is when I think I would rather buy a much older car with a lower price using cash money but it would take a longer time to save up the amount needed. One year has passed but the situation that I am in did not change one bit. It might take a few more years but I am determined to get an STI in the future.
Thursday, August 20, 2015
Budget Issue
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