Financing your Cobra...Woodside Credit?

[JWheaton]

Truely not meaning to be disrespectful of peoples opinion but reading this thread is difficult. ( iknow don't read it..blah, blah, blah)

The guy asked about financing. He didn't ask to be lectured by anyone with their own financial philosophy. If he can get the money to finance then that is his choice to do so. The big 3 might be in bailout mode, but it does not mean this guy is in bailout mode.

What do we have here as real advise:
1) Bank - doubtful
2) Equity line of credit or loan
3) Loan based on other colateral - currently owned car as an example
4) Bank of Mother, Father, Brother, Sister
5) Save

Good luck to you and your purchase Ludicrous. My opinion... get what you want to and reasonably can afford. You decide how to define reasonablly afford. You will enjoy the car way more than the payments.

[Michael P. Wole]

Has anyone thought about why the nation(world) is in the shape it is in today? It all boils down to the credit/financing issue...Homes being purchased by people that are probably upside down on thier vehicle ('s).
A Cobra kit car is not an investment....you are upside down the minute you pay for and then start putting more money in it(maybe even putting the parts on plastic).
I waited along time to get my toys to play with and pay cash for them.
I paid my mortgage off like I was supposed to.
I paid off mega bucks that was used to finance my business.
I got two kids thru college without loans.
Now it looks like I am going to be paying for mortages that I have not committed to.
AND the best part: now maybe some Cobra's