Hey everybody,

So I recently moved and am in need of a car-- and I've always wanted a G35, ever since I saw one years and years ago. That being said, I don't have the best knowledge on what I will be capable of doing with my current plan. Here's the key notes to everything..

1) Great work history, no job at the moment (will have one within the next 2 weeks. I can wait it out until I have employment proof because I'm sure that will help me in getting a loan)

2) My credit score should be between 650-700 I believe.

3) I have up to $5000 (MAX!!!) that I can put down as a down payment. Would prefer less, so I have some change in my pocket to take care of emergency expenses and all that.

What steps would you guys take to get a G35 with these conditions? I'm really only looking at a 2005+ G35. Should I look at the local infiniti dealers?? Or maybe just scout out private dealers with the car on the lot?

I was also debating if it was a good idea to go with a used car vs say, a brand new V6 Camaro or Mustang or something of that sort. Then I would be talking about 20k-25k depending. Any credit / car shopping guru's advice would be a great help! Thanks a bunch!

- Mike

 

I checked this morning and my credit score is over 700

 

buy what you can afford. plain and simple.

also, you never said what your price range was for the g35 in the first place.

 

Don't buy a G35 on such a small budget.

Be conscientious.

 

'05 G35 Coupe over here. I put $3,000 down, my credit is 722 and my interest rate is 2.79. I pay $320 a month. It's definitely doable.

 

Thanks man. Yeah, I'm really up in the air about it-- I have 3 highly sought after degrees - IT Field. I'm in the bay area which is really hot for IT jobs. I should have a well paying job within a few weeks. I have saved up over 10 grand, but only want to use 5k or so down on the initial payment to lower it. I think it should be doable as well. Although I'm also thinking about maybe something more practical and newer like a 2013-14 Honda Accord.. Or maybe even one of the base v6 camaros if I can swing it. I always liked the retro styling on the new muscle cars.

That being said, I have always loved the smooth and clean lines of a nice G. Especially in Silver. Gah!!! Choices!!! Well, at least I'm not going to be driving a beat up riced out teggy or civic =P Thanks for the input fellas.

 

Wait until you have a steady income and the decision will be much easier, no use trying to jump into any financial burdens right now.

 

I just graduated from college back in May, so I understand your desire to be financially stable. I'm currently saving up for school loans and paying off my car...and I work at Costco hah. I picked up my car in July and haven't felt any strain just yet.

If you feel that it is time, pull the trigger and nab a G. I wasn't even planning on buying a car as I was fine with my '99 Jeep...but I just had to have it. Do what works for you.

 

Interest rate will depends on if the dealer will finance, or you need to find your own financing from a bank. Most banks wont do older cars, and a personal loan may have higher interest.

These are the things to look into first.

 

If intrestead text 919-961-8825

 

it has 128xxx miles and ive babied the car its whole life

 

wtf^^^

Anyways, I wouldnt finance anything without a job and steady income coming through. Regardless if you have an offer or a job you are to start in 2 weeks. Nothing is guaranteed man, regardless of your degree for this or that. $5k isnt **** when you have no job, but it is a great amount when you do have a job and steady income.
Many lenders will ask for proof of income as a conditional approval along with whatever else they feel is necessary to lower their risk. If you have a lender who you do banking with i.e. Bank Of America or a Credit Union and have had previously paid loans with them, then you might get away with financing without a job.

Good luck man, I've worked in consumer lending for a credit union for several years so I know a few things. If you have any questions just ask or pm me. I would strongly suggest you head over to www.creditboards.com. You will find a lot of helpful info from people and lenders.