Anyone offer Finance on Cockpits?

[UkHardcore23]

Had a quick look at the ones i know of and cant find any? Or any shops stock them and offer finance?

 

[Mayaman]

I know VisionRacer at one time contemplated this but I don't think they ever went through with that plan.

 

[oqvist]

Don´t buy anything if you don´t have the money. Okay besides house I suppose

 

[Northstar]

The only way to finance a cockpit would probably be to get a credit card with a high enough limit and put it on there. Than once it's paid off just use it for a bill or two every month to keep it active.

Don´t buy anything if you don´t have the money. Okay besides house I suppose

Actually, financing something like a cockpit would be a decent idea as it would be rather easy to pay off while helping build credit.

I'm not huge on loans myself, but in a world where your credit score determines quite a bit of things it's not a bad idea to finance things every once in awhile.

 

[fatkrakr]

Paypal offers it for purchases and seeing as how must of these places use it for payment it should work out nice.

 

[oqvist]

Credit cards have insane interest levels. Why would you do that instead of just save up and then pay?

 

[Northstar]

Credit cards have insane interest levels. Why would you do that instead of just save up and then pay?

Normally the only time a credit card has a super high interest level is if you make payments late or have bad credit in the beginning.

Plus, if you're only buying a cockpit that's a few hundred dollars and pay it off in a few months the interest wouldn't be that much.

 

[oqvist]

Still much more then you pay with money you have and then you have options to pay for unforeseen expenses without taking expensive loans. I still don´t understand why you would want to finance a cockpit. Sounds insane

 

[Mayaman]

People finance everything these days, don't understand why a cockpit would be any different. you like a cockpit, it would make your life more enjoyable? Go ahead finance it and enjoy, for tomorrow you might be hit by a bus.

 

[oqvist]

People finance everything these days, don't understand why a cockpit would be any different. you like a cockpit, it would make your life more enjoyable? Go ahead finance it and enjoy, for tomorrow you might be hit by a bus.

You like a cockpit you save up then buy. It´s so incredibly simple. Why finance it with money you don´t got. Because the only reason to finance is get something that you just can´t get in any reasonable amount of time. A cockpit is not an investment that increase in value over time like an estate may do if you are lucky

 

[UkHardcore23]

You like a cockpit you save up then buy. It´s so incredibly simple. Why finance it with money you don´t got. Because the only reason to finance is get something that you just can´t get in any reasonable amount of time. A cockpit is not an investment that increase in value over time like an estate may do if you are lucky

Jeez, Bet your a right laugh on a night out.

 

[oqvist]

Are you a girl asking me to pay for your drinks

 

[vasiliflame]

Just sell drug's for a few day's.. no one knocking your door or bugging you for payment all the time if you want it quick. or here's a novel idea Save


Credit Caused all the issue's our world market face's today .... it all about the interest.

Sold my r-seat evo for £40 quid lol

 

[Mayaman]

When I say "cockpit" I mean a triple projector, 4x Dbox, GS4 seat, with back scratcher, butt scratcher, buns warmer, and foot massage. Finance the crap out of that!

 

[Gunstar]

There is nothing wrong with financing anything, IF you have the discipline to do it right. Make a budget, figure out what you're going to pay and how long it'll take you to pay off, and stick to it. Helps you plan, builds credit, and gets you something for your trouble.

 

[oqvist]

It still cost more then to save up then buy. Why would you do that for a luxury item you don´t really need just wants.
Need some better arguments

There is plenty wrong as it cost you more and is less secure. Not every future expense can be planned for. I would say there is nothing right with financing luxury stuff that only degrade in value rather then nothing wrong.

 

[fatkrakr]

It still cost more then to save up then buy. Why would you do that for a luxury item you don´t really need just wants.
Need some better arguments

There is plenty wrong as it cost you more and is less secure. Not every future expense can be planned for. I would say there is nothing right with financing luxury stuff that only degrade in value rather then nothing wrong.

Well by that logic you shouldn't finance a car either. It is also a luxury item that will degrade over time. Of course that means most people would never get a car because saving that much money would take some years to save, only to find the price has risen so high they need to continue saving. So while it might not be for you, for others its a perfectly acceptable way to get the products they desire.

 

[Gunstar]

It still cost more then to save up then buy. Why would you do that for a luxury item you don´t really need just wants.
Need some better arguments

There is plenty wrong as it cost you more and is less secure. Not every future expense can be planned for. I would say there is nothing right with financing luxury stuff that only degrade in value rather then nothing wrong.

In the world we live in being able to handle credit is a necessary skill, yeah, you pay some interest. But there will be a time you need to have established credit AND you don't establish credit without using credit.

Kudos to you if you have the spare income to save up and buy everything you need/want in a reasonable amount of time. Most folks don't have that. I've only recently reached that point in my life myself. BUT... I am still always financing something tho, because gotta have dat payment history!!

 

[oqvist]

Those that can´t pay for it within a reasonable amount of time is exactly those who shouldn´t finance. They should look at a cheaper car they can afford.

Financing a car is seldomly beneficial no. You don´t need a Ferrari and inflation brings both the prices and your salary up. So nothing say that a ferrari in 5 years will be more expensive then a ferrari today. If you invested your money good you get money from interest instead of giving other guys money from financing

Everybody is free to waste their money how they want but it´s not a perfectly acceptable way in an economic sense. It just make it harder because you pay more for the same product which make it harder to pay for the next must have without financing again.

 

[Mayaman]

I make excellent money and can buy pretty much anything I want, and I still finance. So you're way of thinking is a little wrong. And its perfectly acceptable financially, financing and having credit is how your credit score builds, especially in the USA. If you don't finance anything, good luck getting a home or car here. I actually noticed my credit score go down very slightly when I paid off all my credit cards, so I keep a revolving small balance on them and make payments. Very weird but thats the way it works. So financing a rig to me isn't any different than anything else. We don't live in Somalia, we have first world problems. This conversation is one of them. LOL

Nobody pays cash up front for anything anymore. Inflation has far outpaced the normal persons salary over 35 years ago. Hell, even our government doesn't follow this advice. haha

 

[oqvist]

It´s not weird that the banks is trying to tell you you should finance. They make more money out of you that way

 

[Mayaman]

LOL obviously, everybody needs to make money my friend. Banks, you, me, even GTPlanet. Financing accomplishes two goals. Bank gets money, you get what you want and your credit score should go up as long as you make your payments. Yippeee everyone wins.

 

[Jump_Ace]

Credit cards have insane interest levels. Why would you do that instead of just save up and then pay?

Because it may be worth it for someone to pay the interest and have the cockpit right away, than to wait? Same why anyone uses a credit card for big purchases I guess?


Jerome

 

[LeMansAid]

Actually, financing something like a cockpit would be a decent idea as it would be rather easy to pay off while helping build credit.

Build credit...... Heh, I forget about that. We don't have that. A person can ruin their credit and have to work their way back up, but up is just where everyone else is. Aside from that, it's assumed that you are capable of making payments if you make enough money to be able to make payments. We (Australia) historically also haven't handed out home loans willy nilly to people that could not logically afford them. There are strict laws on it. It's so anti-freedom,...... and anti-GFC.

 

[Andrew_WOT]

Both amazon and paypal offer 0% financing. Just make sure to pay it in time or you'll get hit with high interest.
@oqvist, which country are you from?