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Celebrity Owned Cars – No Car Loan Needed
Dec 4 2009Everybody loves a nice car, especially celebrities. While most of us need a car loan to purchase one, celebs like Gordon Ramsay seldom do. He most likely didn’t need a car loan to pay for his Ferrari, at least not since he became a famous chef. The rest of us usually need a car loan.
Walking onto a car lot and viewing all those shiny autos makes us wish we had pockets filled with money but that’s not necessary if we can qualify for a car loan. Being able to finance a vehicle through a car loan means we can drive it home right now. But that car loan will require a monthly payment for several years and that includes interest paid on that car loan all the while. Is the vehicle you wish to own worth all that is required with a car loan? Can the interest nearly double the price of the car loan over the payback period? Answers may be yes and no.
A car loan, while necessary, is to be avoided if possible. Don’t get a car loan if it’s possible to save up. Decide if that car is worth the cost of a car loan.
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Jay-Z Wants a new car - an Armoured SUV!
Created Dec 30 2011
What do you think a world-renowned rap artist would drive? An Aston Martin V12 Zagato, perhaps, or a Koenigsegg Agera? Well, if that is where your mind was going, you are wrong on both counts.
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Sebastian Vettel and the Infiniti FX50 S
Created Dec 29 2011
Not many people have a top-of-the-range 4x4 named after them, but this was the honour bestowed on Sebastian Vettel after winning the 2011 F1 Grand Prix last year.
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When a Lamborghini Diablo Becomes Just Background Noise
Created Sep 15 2011
Very few gentlemen will probably care whether it is hard to pronounce (or spell) Nicole Scherzinger’s last name.
More from Lifestyle and Celebrity News Motoring News
Fast Five Turns Into Furious Six
Created Jun 30 2011
There must be an explanation why the average guy who owns a used car financed with a cheap car loan still has this obsession with beautiful, fast cars.
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Adam Carolla’s car Show to Kick off on the 13th July
Created Jun 28 2011
Not everyone likes Adam Carolla.
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Birdman Swaps Exelero for Bugatti
Created Jun 23 2011
A while ago we wrote about Bryan Williams, better known as Birdman, buying himself an Exelero.
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Paparazzi Allegedly Bug John Terry’s Car
Created Jun 20 2011
No honest footballer likes his car to be bugged – not even if he is in arrears with his car loan repayments.
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Anyone For President?
Created Jun 17 2011
Presidential hopefuls for the 2012 American election are already lining up for the pre-elections with the aim of becoming, theoretically at least, the most powerful man/woman in the USA.
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Rapper Charged With Driving Under the Influence in his Bugatti
Created Jun 15 2011
Ordinary individuals with car loans and monthly mortgage payments to keep up already seem to know what rapper Flo Rida (Tramar Dillard) must still learn: one simply does not drive when you have had a few too many.
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New Partnership to Launch Green Charging Stations Across UK
Created Mar 3 2011
UK Car finance buyers will soon be able to recharge their electric cars at 'green' electricity recharging points across the country.
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