Financing your Pony Poll

[Ciulster]

The poll starts at 40? Woah I am way out of my demographic here I took delivery of my S650 shortly after turning 26! Though I guess my priorities are in a different place than most in my generation. I work hard so I can play harder, and I'd rather go homeless and hungry than be without this car! You can live in a car; you can't drive a house!

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[roadpilot]

I just turned 28 a month ago, so I'm a Gen Z. When Ford did the press reveal of the S650 in 2022, I knew I wanted one and I started aggressively saving. In January of 2024, I figured I had saved enough of a down payment and I ordered from Ford. I forfeited the Performance Pack so I could keep the price within my budget. In June 2024 I used X-Plan and put down $38K and took on a $12K loan at 1.9%. I've since been making extra payments on the loan and plan to have it fully paid off by this upcoming July. I would go ahead and pay it off, but i have a high yield savings account that is offering 4%, so it makes sense to keep my money there for the time being.

Good choices!

 

[glenng6]

Bought outright but there is a backstory. Slowly built to this price point after saving and owning and improving 7 classics over 32 years in the hobby. The 57 covered 80%.

Hold on while I put my tongue back in my mouth! That '57 looks amazing! You must have put a ton of hours into it! It is beautiful! I think I ran out of exclamation marks!

 

[glenng6]

Always use CC over debit card. Far better protection if a card (number) is compromised.

That's for sure! I've had cards compromised a few times over the years and I've never had to pay for fraudulent charges. Glenn

 

[agreywolfe]

The poll starts at 40? Woah I am way out of my demographic here I took delivery of my S650 shortly after turning 26! Though I guess my priorities are in a different place than most in my generation. I work hard so I can play harder, and I'd rather go homeless and hungry than be without this car! You can live in a car; you can't drive a house!

I know lol, I'm only 28 and got mine a year and a half ago. I ended up financing mine because I work a steady career with job security for the forseable future so it was easy to plan out a payment path and splurge on what I want knowing that it'll be paid off when that forseable future finally arrives.

 

[LouG]

We only use finance if there's an interest free deal going, and not having to use savings stacks up better than cash and crunching the dealer.

 

[insaneBoredom]

Over 40, financed half, doing better in savings and investments which didn’t want to sell to buy outright. 36 month note.

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