• Dream about a turbo E46 M3 but are not sure how to pay for it? Horsepower freaks in house financing has you covered

      We all know M3 turbo kits do not come cheap. Fortunately, Horsepower Freaks has financing solutions that can make turbo dreams a reality. Their financing only applies to installations done in house (at their facility). Their financing will cover up to 50% of the cost including the install and labor, pretty nice. Payments are spread over 12 months and interest is set at 5%. On stages 2.5 and up 18 month financing options are available. Payments start the next month after the car leaves the facility. What are you waiting for? Go get your turbo!

      This article was originally published in forum thread: Dream about a turbo E46 M3 but are not sure how to pay for it? Horsepower freaks in house financing has you covered started by Sticky View original post
      Comments 39 Comments
      1. HPFBranden's Avatar
        HPFBranden -
        Click here to enlarge Originally Posted by Sticky Click here to enlarge
        Heh, just kind of funny some guys are trying to tell you how to finance. I doubt Chris is accepting IOU's scribbled on post it notes.

        Well thats just as good as money sir, those are IOU's

        Attachment 11669
      1. DBFIU's Avatar
        DBFIU -
        IOUs are what I use to pay off my debt.
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by DBFIU Click here to enlarge
        IOUs are what I use to pay off my debt.
        Our government just prints money to pay theirs off, kind of similar.
      1. CookieCrisp's Avatar
        CookieCrisp -
        Hmm. 5% compounded monthly comes out to about $500 interest in total. (Total Value being ~$20k, with you paying ~10k up front).Still a pretty penny when you think about it. I would rather save up and just pay up front.But then again, I'm a greedy Jew Click here to enlarge
      1. ZooyorQ's Avatar
        ZooyorQ -
        I financed through HPF and would do it again. It was straight forward, and the 5% interest was a drop in the bucket when you compare it to everything else.Sure, I could have paid for it all up front but sometimes cash flow is king and I can expand my business, make other 'investments' .. etc with that money while making payments to HPF. If someone has $60k sitting in their bank account and spends it all on a turbo kit I'd call them more foolish then someone who spends half that on a turbo kit and then finances the rest.I've been in arguments like this before with people who brag about buying their car cash, or buying their house cash/etc...I finance everything then pay aggressively on it.. if the $#@! ever hits the fan I have cash in hand and thats always better then having an asset like a car or house.. think about it. If you lost your job tomorrow would you rather have a $400k house paid off or $400k in the bank? You can adjust your lifestyle QUICKLY if you had cash in hand.. having tons of assets paid off isn't as simple.. its not liquid.
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by ZooyorQ Click here to enlarge
        I could have paid for it all up front but sometimes cash flow is king and I can expand my business, make other 'investments' .. etc with that money while making payments to HPF.
        Exactly.
      1. maxnix's Avatar
        maxnix -
        Smart move. I wonder you provides the insurance to cover the cost of the upgrades?
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by maxnix Click here to enlarge
        Smart move. I wonder you provides the insurance to cover the cost of the upgrades?
        Provide insurance?
      1. ZooyorQ's Avatar
        ZooyorQ -
        Its pretty difficult to get a car insured for twice its value.. I tried and had no luck as the mileage requirements were to low and the horsepower was to high. One place said they'd insure it then they asked how much horespower and I said 800rwhp and they said they only insure cars (period) up to 750hp. So that was a no go.
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by ZooyorQ Click here to enlarge
        I said 800rwhp and they said they only insure cars (period) up to 750hp. So that was a no go.
        Why not just say 750 hp then?
      1. HPF Chris's Avatar
        HPF Chris -
        I don't tell insurance companies about the horsepower. They don't need to know. They are insuring my orange widebody M3 as stock. ha ha.

        Chris.
      1. klipseracer's Avatar
        klipseracer -
        Click here to enlarge Originally Posted by DBFIU Click here to enlarge
        IOUs are what I use to pay off my debt.
        Yes, I know, cuz you gave me a buts of UOMe's.
      1. ZooyorQ's Avatar
        ZooyorQ -
        Click here to enlarge Originally Posted by Sticky Click here to enlarge
        Why not just say 750 hp then?
        When they asked I didn't know what was acceptable or not. Now I know.
      1. Funkboy316's Avatar
        Funkboy316 -
        Click here to enlarge Originally Posted by ZooyorQ Click here to enlarge
        When they asked I didn't know what was acceptable or not. Now I know.
        pull a spark plug out and tell them you "de-tuned" it to 750 hp...lol
      1. Funkboy316's Avatar
        Funkboy316 -
        Click here to enlarge Originally Posted by ZooyorQ Click here to enlarge
        I financed through HPF and would do it again. It was straight forward, and the 5% interest was a drop in the bucket when you compare it to everything else.Sure, I could have paid for it all up front but sometimes cash flow is king and I can expand my business, make other 'investments' .. etc with that money while making payments to HPF. If someone has $60k sitting in their bank account and spends it all on a turbo kit I'd call them more foolish then someone who spends half that on a turbo kit and then finances the rest.I've been in arguments like this before with people who brag about buying their car cash, or buying their house cash/etc...I finance everything then pay aggressively on it.. if the $#@! ever hits the fan I have cash in hand and thats always better then having an asset like a car or house.. think about it. If you lost your job tomorrow would you rather have a $400k house paid off or $400k in the bank? You can adjust your lifestyle QUICKLY if you had cash in hand.. having tons of assets paid off isn't as simple.. its not liquid.
        i saw the perfect example of this on fanatics today
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by Funkboy316 Click here to enlarge
        i saw the perfect example of this on fanatics today
        Explain?
      1. Funkboy316's Avatar
        Funkboy316 -
        Click here to enlarge Originally Posted by Sticky Click here to enlarge
        Explain?
        sykes is firesaling his lime green car for 60 grand because he doesnt have the cash he needs to make an investment
      1. Sticky's Avatar
        Sticky -
        Click here to enlarge Originally Posted by Funkboy316 Click here to enlarge
        sykes is firesaling his lime green car for 60 grand because he doesnt have the cash he needs to make an investment
        Uh oh... damn, I'm sorry to hear that.
      1. ZooyorQ's Avatar
        ZooyorQ -
        Exactly... cash on hand trumps everything else (with the exception of an investment). Our cars unfortunately are not investments.. Click here to enlarge