What do i do?
I have one huge dilemma. In case you haven't noticed, i have changed my name from EFXR6_Yagz, in the hope that i'll own an EL 2 XR8 in a couple of days.. Anyway, i currently drive the XR6 around, and i have $7700 left to pay on it, through a finance company..
Anyway, i'm at uni, and i wanted to halve my repayments of $500 a month to the finance company, so i applied for a personal loan from the commonwealth.. Anyway, i got accepted for $10,000 over 4 years, which would allow me to pay my car off, sell it, and buy an EL XR8.
Since then, i've decided to give mum the XR6 so she can drive around in a decent car, and ditch the shitbox VK. This means that i had to ask the bank for another $5k. I went there this morning, showed her my payslips for ~$500 each (i had 3 weeks worth), and on my application i stated i made $1600 a month, so the income part of the application should be alright..
Anyway, she sent my request for the extra $5k off this morning, and i should hear back from them in 1-2 days. Apparently she told me that the $10k still stands if they refuse me $15k..
So, i already know that if i get the $15k, i'll be getting the XR8 straight away, but if i only get the $10k, should i pay my car off, rebuild the bottom end and chuck a 5 speed box in, or just not get a loan at all..
Getting the $10k will mean that i can halve my repayments, cos atm the finance company repayments are $500/m, while these ones for the $10k will be $280/m..
What do i do?
EL2 XR8 - Manual, Exhaust, 70mm MAF - 150.1rwkw
XR6 FOR SALE: Click Here
Originally Posted by Yagz
Stop putting stupid yagz quotes in your stupid signatures you stupid people!
Last edited by Yagz; 07-11-04 at 11:27 PM.