I took out a Lowe’s credit card because of the 5% discount on all purchases and when I did last fall I got 10% for opening it.

i have been remodeling the basement and picked up a bath vanity, sink, faucet etc and used the Lowe’s card. I just got the bill, was paying for it and noticed the terms.....holy shit 26.99% APR and a up to 38.00 late fee.

Bill was for 420.00. If I paid the 25.00 minimum the interest would add 30.00 to the bill making it more that it was originally.

This might be something you guys know but I don’t have any credit card balances. We use one card for miles and points.

This should be illegal holy fuck.

If any of you guys are in deep with cards I suggest you really try hard to pay em off and not use them. 

Just a public service announcement by Mainecat...lol

 

Edited April 2, 20187 yr by Mainecat

Just now, snoughnut said:

Dave, you just keep making yourself look dumber. If that were true, a Model T would be as reliable as modern day vehicles

Chances are an older vehicle is going to have issues before a new vehicle...to think otherwise is dumb.

1 minute ago, revkevsdi said:

It's nice that people like Debtor Dave is paying for our credit card perks. 

Debtor Dave might be a better handle. 

 

I guess your aren't paying attention. No debt, lots of time off and disposable income. Our cars and trucks are 2008, 2012, 2017 and 2017. All owned outright.  When we were starting out, it was old cars and sleds, working long hours and mostly camping vacations. 

You might want to watch the stocks today.  Over 600 points down.  At what point to the margins get called?

 

 

Cool story.

My 03 camry was my mom's. 14 corolla was my dad's. They traded for new. I got them from dealer for tade in value.

I knew who owned them and well maintained. Garaged all the time. Trade in value was much less than what they would have sold for.

12 minutes ago, DISABLED DAVE said:

Reliability is luck.

Really

23 minutes ago, awful knawful said:

84 LTD II  sold in 99

87 Mustang still own

96 corolla  sold in 2013

89 Toyota truck sold in 2010

03 camry sold in 2017

09 ram still own

14 or corolla still own

They all had 240000-365000 kms

None were unreliable. 

Like you, Ive had a long list of vehicles too.  All were very reliable. I dont buy new and I can afford to.  Buying new vehicles works for some people, it doesnt work for me. 

Just now, awful knawful said:

Really

Yup

Just now, AKIQPilot said:

Like you, Ive had a long list of vehicles too.  All were very reliable. I dont buy new and I can afford to.  Buying new vehicles works for some people, it doesnt work for me. 

Exactly....

3 minutes ago, AKIQPilot said:

Like you, Ive had a long list of vehicles too.  All were very reliable. I dont buy new and I can afford to.  Buying new vehicles works for some people, it doesnt work for me. 

Never had a new one yet. Maybe someday.

9 minutes ago, DISABLED DAVE said:

Chances are an older vehicle is going to have issues before a new vehicle...to think otherwise is dumb.

Stop deflecting, you made the comment that reliability is luck, which was really dumb. I suppose vehicle engineers walk around with their fingers crossed and rabbits feet in their pockets.

4 minutes ago, DISABLED DAVE said:

Yup

Awful lot of unlucky Poo 800 owners over the years. 

 

 

47 minutes ago, Rod Johnson said:

I have a visa I didn’t use a lot. Small purchases maybe up to a grand. Paid it off in full every month like clock work. 

one month I maxed it out on heavy equipment parts. Around 10k. Got the bill, sent the cheque. Just like usual 

next month huge interest charges. Called them and they said I was a few days late. Bullshit. Too convenient. Told them to cancel the card but they reversed the charges instead 

I pay all my bills online as soon as the statement for that month is produced and schedule payment for a few days ahead of the due date... what's a cheque. I never rely on Canada Post for delivery in a timely manner.

1 minute ago, awful knawful said:

Never had a new one yet. Maybe someday.

With the exception of Polaris race sleds through the race dept from 2002- 2014, Ive never bought a new snowmobile, SxS or ATV either. Ive bought a few with under 100 miles on them though. 

1 minute ago, awful knawful said:

Awful lot of unlucky Poo 800 owners over the years. 

 

 

That wasnt luck either...........

Just now, awful knawful said:

Awful lot of unlucky Poo 800 owners over the years. 

 

 

Those engineers at Poo didn't cross their fingers and carry rabbits feet.

50 minutes ago, snoughnut said:

That is an over used wives tale, I have an '02 F 150 that's been paid off since 2007 and it has never been in "constant" need of repair as a matter of fact, it's been far cheaper to repair it occasionally rather than making $500+ per month payments on a new truck. BTW it has never failed to start and it has 200,000 miles on it.......winning!!!

There are also people who like driving something other than an old beater. Myself I like all the creature comforts and technology that are part of the newer trucks. Try and tell me that a 16 year old truck hasn't needed some significant work over all those years.

3 minutes ago, 02sled said:

I pay all my bills online as soon as the statement for that month is produced and schedule payment for a few days ahead of the due date... what's a cheque. I never rely on Canada Post for delivery in a timely manner.

Rod's too stupid to work that out. He enjoys writing his cheques out in crayon. 

18 minutes ago, DISABLED DAVE said:

Chances are an older vehicle is going to have issues before a new vehicle...to think otherwise is dumb.

My 2011 F150 spent more time in the shop in the first 3 years than the next 3. 

The 2017's been trouble free so far.

 

3 minutes ago, revkevsdi said:

My 2011 F150 spent more time in the shop in the first 3 years than the next 3. 

The 2017's been trouble free so far.

 

Nice having new....warranty...and your less likely to take it to the shop if you are without warranty...my older vehicles never see the shop....i fix them myself.

4 minutes ago, revkevsdi said:

My 2011 F150 spent more time in the shop in the first 3 years than the next 3. 

The 2017's been trouble free so far.

 

Ask Dave how reliable his new F150 is......................

12 minutes ago, AKIQPilot said:

That wasnt luck either...........

I had a 05 mach z...lots were blowing up...mine didnt...i considered that lucky.

1 minute ago, AKIQPilot said:

Ask Dave how reliable his new F150 is......................

He would probably lie. 

1 minute ago, AKIQPilot said:

Ask Dave how reliable his wifes new F150 is......................

Fixed it for you.

28 minutes ago, GGNHL said:

For those families, a new-car payment is a burden — but it’s one they can predict and live with. It sucks to “throw away” $300 or $400 every month, but it’s never a surprise and in exchange they have freedom from surprises. They have freedom from the surprise of losing two days of work or being stuck with their children by the side of a fifteen-degree freeway all night or having to diagnose mechanical issues using a cellphone flash and whatever conventional wisdom their parents bothered to impart when they weren’t off doing their own thing. They know that every month they are exchanging a fixed sum of money for certainty and reliability.

Viewed from one perspective, this incident absolutely validated the cash-for-used-car-and-learn-to-fix-it mentality. Viewed from another perspective, it was a damning indictment of a philosophy that requires plenty of time and flexibility to make work. To own and run a million-mile Lexus, or any other car where the maintenance and repair is your sole responsibility, requires that you have time to deal with the breakdowns, resources to cover the gaps in your life when problems occur, and the ability to pay for and install anything from a radiator to a differential. Which means, when you think about it, that a million-mile Lexus is something that it perhaps wasn’t quite when it hit the showroom back in 1996."

That's me. I can afford the monthly payments and have always timed the buy to get 0% rate. Starting with a bare bones truck and as my prosperity grew the truck I could afford grew. As time went on the equity I had in the truck after it was paid for as a trade in kept increasing as the trucks became higher end. The monthly cost on the new King Ranch is less than the monthly cost on my wife's Escape. Essentially it comes down to there wasn't any real trade in value when we bought the Escape but a high trade value on the old King Ranch.

2 minutes ago, revkevsdi said:

He would probably lie. 

One trans gone bad...and a slight electrical fire.

1 minute ago, DISABLED DAVE said:

I had a 05 mach z...lots were blowing up...mine didnt...i considered that lucky.

Hahaha. Same with the pre ‘13 Poos. If you didnt shit a motor in 1200 miles you were one lucky sob.