Driveway Labs + Affirm = Better

[Carl - Driveway Labs]

We're excited to announce that we've partnered with Affirm to make your shopping experience at Driveway Labs even better! Now, you can split your purchase into easy, manageable monthly payments. Get the parts you need today and pay over time—no surprises, no stress. Upgrade your ride without breaking the bank! #DrivewayLabs #Affirm #EasyPayments

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[Avarela99]

I can’t believe people actually finance car mods

 

[Carl - Driveway Labs]

I can’t believe people actually finance car mods

Most people probably do in one way or another, a credit card isn't any different than financing

Sponsored big name drivers/cars are just financing their projects through their sponsors in exchange for work

 

[FlammasWRLD]

I can’t believe people actually finance car mods

I usually finance or throw them on the credit card. Sure I could drop $3000 all at once. I would much rather keep that extra $3000 in my bank for an emergency and just make payments though. If it's 0% APR that is.

 

[EvilMKV]

I can’t believe people actually finance car mods

Borrowing money for free is not a bad idea, as long as you're able to pay it off before the term ends. Now doing it and paying interest, yeah, don't lol

 

[_Sp1ral0ut]

I can’t believe people actually finance car mods

I got my ECU unlocked and MHD license with Affirm -$2300. It was super easy. 32 month payment plan @ $200/mth. $200 a month is easy to come up with. Waaaay better than trying save up 2300!

 

[baagel]

Debt is a powerful tool if you know how to use it properly. The problem is most people don't. That leads everyone to think that debt is evil and shouldn't be touched with a stick. I know people who believe using their debit card for everything is the way.

0% interest is free money. I financed ~$8k in mods on a 24 month plan with no fees or interest. That will be completely paid off in a few months. I could have waited 2 years to buy those mods; except it would have cost me even more because of how much prices have risen over the last couple years.

 

[dzeleski]

I got my ECU unlocked and MHD license with Affirm -$2300. It was super easy. 32 month payment plan @ $200/mth. $200 a month is easy to come up with. Waaaay better than trying save up 2300!

You paid $6,400 for a $2,300 dollar purchase? Is there a typo in there or is that seriously what happened?

 

[_Sp1ral0ut]

You paid $6,400 for a $2,300 dollar purchase? Is there a typo in there or is that seriously what happened?

I see you don't know me yet, @dzeleski. I was just trolling. I did not use Affirm for any of my mods.

 

[dzeleski]

I see you don't know me yet, @dzeleski. I was just trolling. I did not use Affirm for any of my mods.

Ah fair enough lol. I mostly lerk around here. I did that math 3 times to make sure

Carry on trolling the fake rich

 

[Carl - Driveway Labs]

Ah fair enough lol. I mostly lerk around here. I did that math 3 times to make sure

Carry on trolling the fake rich

we all fake rich unless you're Arab rich

 

[kaj]

I usually finance or throw them on the credit card. Sure I could drop $3000 all at once. I would much rather keep that extra $3000 in my bank for an emergency and just make payments though. If it's 0% APR that is.

Affirm is nowhere NEAR 0%, so ....

 

[Evolution]

Affirm is nowhere NEAR 0%, so ....

I deal with Snap Finance at work and the highest I have seen is 147% interest if paid in 36 months....

 

[iResell]

I deal with Snap Finance at work and the highest I have seen is 147% interest if paid in 36 months....

i’m in furnture business and i deal with snap their interest is crazy if you don’t pay within those 100 days

 

[Avarela99]

I’m not thread crapping here… i get it if some ppl prefer to leverage debt, i do it in certain situations, but for luxury items like car modifications i think it’s financially foolish. Luxury items that are excessive should be bought in cash no problem or not purchased at all IMO that’s just how i was raised and view it. I’m not anti debt but I’m anti excessive debt you shouldn’t have a loan for a built performance/show car unless it’s sponsored or part of a business. I rlly had no clue before this ppl financed their modifications… the more ya know IG

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