I say go credit. As stated let your money work for you while you're paying the car off. Worst case scenario, would be to get the loan and pay it off as soon as you can. Then you get the benefit of having a loan paid off factored into your credit rating, plus you've paid it off.

 

mine is a company car i used my company tax i.d. to borrow money keep my money in the bank for emergency vacations or party's the g cost about 500 per month no money down.

 

I leased it. . . 39mts @ $644.00 CDN
2005 G35x Premium & factory nav

 

Put $10K down on a 5 year 3.4% rate loan. After 3 years, I made another $10K payment to eliminate the loan.

 

Paid Cash for mine, and i am very glad, dont owe nothing nobody, thats the best feeling

 

I just paid off another dudes loan for only $8,000. so now its mine.

 

Make some down payment and take a 5 yr loan on the rest.

I made a down off the old trade in and my IRS return check. Then my monthly came to $340... not bad.

 

just finance it, pay an extra payment here and there if you want to and it'll be paid off in no time, and you can build up your credit more.

 

The borrower is the slave of the lender. Nuff said.

 

Paid $25,500 cash on 4/1/07 out of my own account. (Borrowed money from my house savings and used money from my checking account) Got a small loan to replenish the house savings used. Owe $7,200 on that loan. Will be paid off on July 15th when I get my bonus from work.

But the only reason I did this because when purchasing a house you want your debt-to-income ratio to be as low as possible. So I didn't want a $25K loan on my credit report which would put me in a worst position to buy a house next year. If you are not concerned with something like this, use what you have now and get a 5 year loan as that will help you build your credit at the same time and own a G35 today instead of another 1 - 2 years when you have the money to pay in cash.

Mike

 

when I got mine, i financed..... then paid it off in 2 years.