the sled that i want to get is 1800$ its a mxz 600. and can i pay like 100$ every month to pay it off????
2007-10-24 14:04:28 · 5 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
A snowmobile is a TOY. Borrowing money for a TOY is ALWAYS stupid. Your age and your income are both irrelevant.
2007-10-24 15:46:13 · answer #1 · answered by STEVEN F 7 · 0⤊ 1⤋
It's up to you. $1,800 isn't a huge amount of money and if you get a bang of winter sports, go for it.
The problem is you're below the age of majority so, will have a tough time getting a loan. It is *not* illegal for you to get a loan. However, the lender cannot legally hold you to the terms of the loan making you extremely risky to give money to. Virtually no one will accept that risk.
2007-10-24 14:27:13 · answer #2 · answered by anonimitie 7 · 0⤊ 0⤋
Instead of wasting your money on something "stupid" that you will look back on one day, and ask yourself what were you thinking when you bought a sled, instead, save for a car, a home, your retirement. You are never too young to save for important things.
2007-10-24 14:15:54 · answer #3 · answered by Mr. Prefect 6 · 1⤊ 1⤋
Most states require you to be 18 to sign for a loan
2007-10-24 14:12:48 · answer #4 · answered by just me 5 · 1⤊ 2⤋
save and pay cash...
2007-10-24 14:14:28 · answer #5 · answered by Anonymous · 2⤊ 0⤋