Buying guitar and payments? Why is this!

Discussion in 'Guitars' started by Msharky67, Sep 21, 2021.

  1. ricksdisconnected

    ricksdisconnected Well-Known Member

    Joined:
    Aug 11, 2019
    Messages:
    11,980
    Likes Received:
    20,659

    yep then your enslaved to the lender until its payed in full. then, if something should happen and you miss a few payments your screwed. then your paying Fender Player prices for a student model guitar.
     
  2. ricksdisconnected

    ricksdisconnected Well-Known Member

    Joined:
    Aug 11, 2019
    Messages:
    11,980
    Likes Received:
    20,659
    ROFLMAO. thats how they hook you and reel you in bro. its like free "samples" from the local meth dealer.
     
    Adieu and KelvinS1965 like this.
  3. ricksdisconnected

    ricksdisconnected Well-Known Member

    Joined:
    Aug 11, 2019
    Messages:
    11,980
    Likes Received:
    20,659

    :rofl:
     
  4. KelvinS1965

    KelvinS1965 Well-Known Member

    Joined:
    Nov 22, 2015
    Messages:
    400
    Likes Received:
    1,027
    Oh I'm well aware of that. The point was that despite me paying off both my cards in full every month and not having any personal loans since about 1990 I still get plenty of offers for credit. That's why I don't understand the whole thing about 'credit rating'...I'm probably the worst 'customer' yet they still offer me credit.
     
  5. ricksdisconnected

    ricksdisconnected Well-Known Member

    Joined:
    Aug 11, 2019
    Messages:
    11,980
    Likes Received:
    20,659

    their loaned money is insured. they plan on you screwing up.
    why do you think 80% of all college kids get better credit cards?
    they plan on them screwing up.
     
  6. RiverRatt

    RiverRatt Well-Known Member VIP Member

    Joined:
    May 2, 2008
    Messages:
    8,699
    Likes Received:
    3,065
    Location:
    Between Memphis and Nashville
    Yeah by the time it all got sorted out, I was left living with my parents at 47 years old and with a fucked up right hand. I thought guitar was a thing of the past, but where there’s a will there’s a way.
     
  7. anitoli

    anitoli Well-Known Member Gold Supporting Member

    Joined:
    Jul 9, 2011
    Messages:
    10,480
    Likes Received:
    15,431
    Location:
    Lewiston, Maine U.S.A.
    Wall St places bets on credit card defaults and takes out insurance to cover it. In any event they don't lose. They also speculate on CC interest returns. It's all a big racket that can ruin your life if you are not careful. Cash ONLY baby.
     
  8. GregM

    GregM Well-Known Member

    Joined:
    Nov 18, 2020
    Messages:
    1,658
    Likes Received:
    3,742
    Location:
    Australia
    Maybe they haven't mastered the whole adulting thing yet?
    Or maybe to boost their credit rating?
    On the after pay thing I use u need to make 15 transactions a quarter? Half year or whatever to keep ur bonuses, lots reasons I guess
     
  9. ricksdisconnected

    ricksdisconnected Well-Known Member

    Joined:
    Aug 11, 2019
    Messages:
    11,980
    Likes Received:
    20,659
  10. Chrome

    Chrome Firebird Freak Gold Supporting Member

    Joined:
    Aug 29, 2017
    Messages:
    618
    Likes Received:
    1,162
    Location:
    greeneville Tennessee
    simply Interest rate varies from place to place, also dependent on your credit, as to how much interest you will pay.
     
    DreamerDeceiver likes this.
  11. Plexitim

    Plexitim Member Gold Supporting Member

    Joined:
    Jul 3, 2009
    Messages:
    27
    Likes Received:
    27
    I have no stake in ZZOUNDS but have bought a lot of gear there. They have a great plan where they use your own credit or debit card, there is no credit check, gear is at zero interest and you spread payments out. Longer term spread for more expensive gear.
     
    pedecamp and Mitchell Pearrow like this.
  12. Plexitim

    Plexitim Member Gold Supporting Member

    Joined:
    Jul 3, 2009
    Messages:
    27
    Likes Received:
    27
    My experience with ZZOUNDS has been excellent also. What I love about Sweetwater is the gear gallery where you see the actual guitar or item. But the ZZOUNDS payment plans - use your own card and NO credit check - are outstanding.

    And they are pretty flexible. Can contact them to put a bigger down payment then pay the rest over time with smaller monthly payments. If you have a lower houseld bill period, log on and make an additional payment whenever you want.
     
  13. steveb63

    steveb63 Well-Known Member

    Joined:
    Feb 3, 2010
    Messages:
    534
    Likes Received:
    1,135
    Location:
    Az USA
    Cool, agree with your ideas for sure. Pay that down!

    Just a heads up, Zzounds will forward pics on specific guitars. Usually the more high end type.

    They don't advertise this service, but they have done it for me a few times.
     
    Mitchell Pearrow and pedecamp like this.
  14. donnyrocker

    donnyrocker New Member

    Joined:
    Aug 25, 2015
    Messages:
    23
    Likes Received:
    16
    Location:
    Indiana
    Financing rule #1: when you can, use Other People's Money.

    Financing rule #2: everything's negotiable, even on the back end ;)

    Understanding that the idea of "money" is merely a made-up concept to conveniently transport your time (exchanging labor for a new guitar is easier if you convert that labor into a paycheck, cash the check, then give the cash—a merely convenient conveyance of your labor for conversion into a good—to someone who will accept it in trade for what you want.
     
    DreamerDeceiver and steveb63 like this.
  15. JeffMcLeod

    JeffMcLeod Well-Known Member Gold Supporting Member

    Joined:
    Sep 28, 2017
    Messages:
    2,137
    Likes Received:
    3,479
    I bought my 2018 Gibson SG with my Sweetwater card. In facked, I think I applied for the SW card specifically so I could get the SG with payments, lol.

    It was like ~$1,450 after tax. I paid like ~$60/mo. for two years, no interest. Piece of cake, and really convenient. At $60/mo., it was almost like it didn't cost anything.

    I bought something else too with a GC card. It was either the DSL20HR or the Epi LP, cant remember for sure. The cost was like $400-500 dollars, paid it off in 6 months, no interest. Really convenient. I think it was the Epi LP.

    As long as you're paying NO interest, you really can't beat it. Sure beats plunking down the whole amount up front.

    :coffee: :2c:
     
  16. Heiko Jakob

    Heiko Jakob Active Member

    Joined:
    Sep 10, 2021
    Messages:
    89
    Likes Received:
    183
    If i don't have the money to pay it directly, i don't buy it.
    The only exemption would be a house or a flat. But even there, i wouldn't spend a fortune on interest rates and prefer a older or smaller house or farther out of the big cities.
    I don't understand why so many people choose to live as slaves of the bank, just for luxury items. I don't need a Plexi or a Gibson if i can't afford it in cash.
     
    Adieu, anitoli and Jethro Rocker like this.
  17. Plexitim

    Plexitim Member Gold Supporting Member

    Joined:
    Jul 3, 2009
    Messages:
    27
    Likes Received:
    27
    Most excellent - I did not know they would send pictures. Thank you for the heads up.
     
    steveb63 likes this.
  18. ricksdisconnected

    ricksdisconnected Well-Known Member

    Joined:
    Aug 11, 2019
    Messages:
    11,980
    Likes Received:
    20,659


    there's your stake.
     
  19. Matthews Guitars

    Matthews Guitars Well-Known Member

    Joined:
    Aug 17, 2019
    Messages:
    5,318
    Likes Received:
    8,084
    I won't make payments on anything that doesn't have three bedrooms in it or can't make 180 MPH on a long straight road.

    There are just too many really good guitars out there that you can buy for a few hundred bucks for me to even think about making payments on a guitar.

    Besides, I have enough guitars. More than enough given my playing abilities. And I make my own anyway.
     
  20. ricksdisconnected

    ricksdisconnected Well-Known Member

    Joined:
    Aug 11, 2019
    Messages:
    11,980
    Likes Received:
    20,659
    :applause:
     
    Mitchell Pearrow likes this.

Share This Page