I prefer, 'Never borrow for something that won't make you money.' where 'make you money' means a tangible, financial ROI, not for convenience or other comfort.
MacBook Pro financing
- Thread starter tm3308
- Start date
I prefer, 'Never borrow for something that won't make you money.' where 'make you money' means a tangible, financial ROI, not for convenience or other comfort.
Can you buy/download a song directly on your mp3? Can you buy/download a song on your laptop and have it automatically synced to your mp3? Guessing the answer to both is "no:". (oh wait, my laptop is automatically updated when I buy a tune also)
Back on topic....I love my mac. You do pay more for an Apple product. The worthiness of that extra cost DOES NOT need to a part of this thread.
If by worthiness you mean having to finance a computer that could break down in one week... I consider that a major part of the purchase.
Rather amusing at the crowd thinking Apple makes a bad product. Haters are comical. I'll never spend a dime on a PC after having Apple products.
Preferring PC is one thing. Spewing uneducated lies is another.
Preferring PC is one thing. Spewing uneducated lies is another.
Too late, she's gonna blow! This thread was about financing a $1500 widget for 12 months with an anticipated income of $4000 in the summer. As with the others, I'd shy away from it right now.
Crap, I just assumed that'd be used by him the same way I used it in school - booze money.
Also, can you call it "donating" if you are paid for it? I would say you are selling your precious bodily fluids, not donating them.
He is probably confusing it with a sperm bank, which is simply a social club of like-minded individuals engaging in similar activities while donating the putput of their actions.
I've had a $400 laptop since 2004 and it still works fine. Not as speedy as today's, but just as well as the day it was new. The battery doesn't last long anymore, but that is true of any 7 yr old laptop battery.
I'm of the opinion that you should never buy a consumption item like electronics on credit. If you can't pay for a $1,500 item with cash today, you're broke. I'm not bashing you and I've been there before, but the fact remains you're broke. You probably should either find a $450 laptop (still debatable if you don't have any other cash), or hold on until you save enough to purchase it.
First things first, what happens if you are denied credit? I'm sorry but credit is not near as easy to get today as it was three/four years ago. Have a job that pays $4000 a year and another job that pays $60 / month ($720 a year) for $4720 a year in income. Sorry, but no creditor will count donating plasma as income. Other thing, these jobs are considered seasonal employment, so the income is not steady and creditors frown upon that today.
You're gross income is $393 a month, and you think you can qualify for credit? Do you have any credit now? If you have student loans, those are on your credit report, and some lenders will count the payment against you. What's going to happen when you need cash and have to use the money from your job or plasma donation, then how are you going to make the computer payment?
Wait until you have the cash and pay for it outright. A lot can happen in 6 months, and the last thing you want to do is start destroying your credit in college.
You're gross income is $393 a month, and you think you can qualify for credit? Do you have any credit now? If you have student loans, those are on your credit report, and some lenders will count the payment against you. What's going to happen when you need cash and have to use the money from your job or plasma donation, then how are you going to make the computer payment?
Wait until you have the cash and pay for it outright. A lot can happen in 6 months, and the last thing you want to do is start destroying your credit in college.
Not even close....I work as a Sys admin with over 30,000 pcs and probably around 2,000 macs. If I had a fricking $20 bill for everytime some Mac user Pops off in my face about how cool their machine is I could take a nice vacation. Its really awesome when we have to cater to some dude that wants to just check his email, use the internet or pretend to need it for photo editing by getting him a mac because they are so awesome. Then we have to create IPSEC exemptions, 3rd party Group Policy Drama and also have people to support them. It just causes double the work for a small user base.
Just today we rolled out a product to a bunch of people that the vendor said will work on a mac. What the vendor really meant was all you have to do is load VMWare Fusion on your MAC and then load a Virtual Windows PC to make it work. So in other words it doesn't work. So most of our Mac users have have 2 computer objects running. I do think they make a great product, but they are expensive and I get tired of hearing about it.
And the answer to the question of this thread was posted at the beginning by dmclone. If you don't have the money...don't buy it. By something that will work in your budget. If that happens to be a mac then so be it.
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I would wait.
Did your current laptop break? Seems like a lot of money to blow in college.
Also, pay cash for everything besides an appreciating asset/something that will give you a return (house, land, etc).
Did your current laptop break? Seems like a lot of money to blow in college.
Also, pay cash for everything besides an appreciating asset/something that will give you a return (house, land, etc).
I think everyone is missing the point here that its 0% financing. You can only help your credit by doing this. Say its 36 mth no interest thats 40 bucks a month. You cannot tell me that you cant come up w/ 40 bucks a month even if times get rough.
I get you dont want to finance things w/ interest but if I have the option to finance something at 0% or pay cash for it, id finance it.
I get you dont want to finance things w/ interest but if I have the option to finance something at 0% or pay cash for it, id finance it.
Why finance? With rates so low the net present value of the loan amount would be about the same as cash today, so there is essentially no financial incentive. Further, iIf you need an extra $40/mo cash flow you are in no position to be financing in the first place.
