Jeep Cherokee SRT-8 vs Porsche Cayenne Turbo

Cayenne S

Jeep Cherokee SRT-8 vs Porsche Cayenne Turbo

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Cayenne S question by Amir S: porsche cayenne?
if i have ok credit how much do you suggest i have to make per month to be able to afford a used 04 cayenne for about $ 46,000 and still be able to pay bills(no rent) cell, food ect. at the end of the month?

Cayenne S best answer:

Answer by Jeremy P
First off. How much do you make? Is the bank even going to qualify you to make this purchase? That is what you need to find out. How much credit do you have? You are going to need pretty strong credit to be buying a 2004 model for 46 grand. The banks don’t care that you don’t have rent. They will simply use a formula to tell you how much money you need to make to be able to afford this. Just so you know, you are looking at a $ 920 car payment on a used car. That’s ridiculous, most banks wouldn’t lend that deal to a 700+ beacon. Not to mention Cayenne’s aren’t very good in the reliability aspect. FAST but not reliable and when it breaks, where is that money coming from.

Just a thought. But my opinion, don’t do it! Besides it doesn’t sound like the bank will qualify you anyways.

Originally posted 2014-02-14 11:22:44. Republished by Blog Post Promoter