Honda Releases Type R Exclusive Look Video

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That’s the one I mentioned. That pic has been floating around.
 
I’m reiterating, ouch. Person is trading in a $30k (actually upside down on trade) that hasn’t been paid for, so they’d be up to finance $75k. Then there’s the interest rates at 9%.
 
20k dollars down payment
9% interest for 6 years
a thousand dollars a month car payment
yikes

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As long as you have a daily for winter ;)
true, but every year i find it dumb that i store it.

speaking of winter beater. its at the body shop getting the rocker fixed for free due to previous owner buying extended warranty for corrosion. they called a couple days ago and offered to fix the rear quarter damage for $300 so i had to say yes to that.
 
That's the norm these days... :rolleyes:
9% interest is definitely not the norm. Go look up new car loan rates from your bank or credit union online and view their advertised rates. 9% is definitely due to poor credit, and this is before the .75% fed interest rate increase that was just imposed.
 
here we go (after the .75% fed rate hike)

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9% interest is definitely not the norm. Go look up new car loan rates from your bank or credit union online and view their advertised rates. 9% is definitely due to poor credit, and this is before the .75% fed interest rate increase that was just imposed.

I meant the $1k/month payment. Not so much the interest rate.
 
I meant the $1k/month payment. Not so much the interest rate.
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Blame new car prices? As car prices continue to rise, you’ll just increase monthly payments (or extend them out longer). Average purchase price of a new vehicle pulled from dealer sales transactions (Kelly blue book data)
 
Some people just like getting new cars more often. I’ve known a few people and friends that always lease cars and get another lease at the end of the initial lease terms. Basically a new car every 2-3 years and always having a car payment.
 
Some people just like getting new cars more often. I’ve known a few people and friends that always lease cars and get another lease at the end of the initial lease terms. Basically a new car every 2-3 years and always having a car payment.

Yeah unfortunately that's the new-norm now... People rather have a car payment forever than own a car longer than the loan term (5 years or whatever they choose). I feel like 5 year car loan these days isn't common anymore.
 
It’s “2023” Honda! Get your poop together and learn how to get all panels to match one color.

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