Macbook air on credit ?

faber2001 said:

just one question because i can't find my way around.

has anyone in UK bought the macbook air (the 1.6ghz model with or without

the apple product product) on credit through apple's web page ?

how much is the monthly payment ?

thanks

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It should be as much as humanly possible to pay it off in the quickest amount of time so as not to pay 22% more for it

If at all possible, go get a Credit Card, and put it on that. Unless your credit is completely shot, the interest rate should be less than 22%.

Honestly, when I saw that ~22% was the best I could do, I used my CC. And I have really good credit.

If your only choices are:

1. buy a MBA on credit from Apple at 22% interest
or
2. don't buy one at all

I'd say 2 is the only option. No matter what the monthly payments would be, 22% is a rip off.

If you can't afford an MBA outright, try to find a credit card with a 0% introductory interest rate for 6/12/18 months, then pay it off within the time limit.

don't ever buy a computer using apple credit. they compound interest daily not monthly

mashinhead said:

don't ever buy a computer using apple credit. they compound interest daily not monthly

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I would expand this to say don't ever buy an APPLE computer using credit. If you can't pay cash, you probably shouldn't be purchasing Apple products, which are aspirationally priced, i.e. a bad value hardware wise.

Unless your career absolutely depends on OSX, either pay cash or make do with a cheaper Windows machine.

Just my humble opinion. Not screwing yourself young will give you the opportunity to purchase all the Mac Pro's you want for cash later.

Same for cars

-Allen

akm3 said:

I would expand this to say don't ever buy an APPLE computer using credit. If you can't pay cash, you probably shouldn't be purchasing Apple products, which are aspirationally priced, i.e. a bad value hardware wise.

Unless your career absolutely depends on OSX, either pay cash or make do with a cheaper Windows machine.

-Allen

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So only the well off or wealthy can buy Apple products and younger people and less privileged need to be locked into windows? Thats an insane and elitist position.
My advise would be to save your money for the machine you want, don't settle for something less. Credit can be your friend at times. Loads of credit card companies offer 0% intro rates for 12-18 months. I do agree that 22% is a complete rip-off. If you don't qualify for a low rate credit card, save your money until you can buy it outright.

Agreed. Save your money up. Then buy the computer!

Flyer0815 said:

So only the well off or wealthy can buy Apple products and younger people and less privileged need to be locked into windows? Thats an insane and elitist position.
My advise would be to save your money for the machine you want, don't settle for something less. Credit can be your friend at times. Loads of credit card companies offer 0% intro rates for 12-18 months. I do agree that 22% is a complete rip-off. If you don't qualify for a low rate credit card, save your money until you can buy it outright.

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I'm not being insane or elitist. It is a bad idea to buy a computer on credit card at 22%. It is a worse idea to buy a more expensive computer on credit card at 22%. That perspective isn't about keeping 'less privileged" people off of OSX.

I'm agreeing with you. Save your money until you can buy it outright. Many of the 'younger / less privileged' people wouldn't qualify for a 0% credit card.

Don't finance depreciating assets... especially something that loses nearly all of its value in a few years.

Just go get a cheapo dell for a few hundred bucks until you can save up the $ for a nice Mac. By then, the macs will be cheaper... and it'll run better when it's not powered by payments

If you have good credit, I'm not sure how it works there, but here in the United States I get tons of offers "12 months no interest 0% APR" and "15 months no interest 0% APR on purchases and balance transfers," so I put my MBA on a new credit card and will pay it off within 11 months to avoid any financing charges.

prominence said:

If you have good credit, I'm not sure how it works there, but here in the United States I get tons of offers "12 months no interest 0% APR" and "15 months no interest 0% APR on purchases and balance transfers," so I put my MBA on a new credit card and will pay it off within 11 months to avoid any financing charges.

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This can work as long as you are very careful and clear about the terms and conditions. I generally don't recommend this (because the credit companies are just looking for ways to screw you and if you aren't paying attention, they'll hit you with a gotcha!) but it can work.

Just make 100% sure you pay it off a bit early because if they 'forget' to post your payment in time, you'll get hit with all the back interest.

Most of these offers have provisions to nail you under universal default as well - a late payment on any of your credit cards and BAM You are hit with full interest on this one too, and the rate goes up to ~30%. You mailed the payment in? They 'lost' it and didn't apply it in time? Too bad for you!

To quote a favorite, controversial radio host of mine, 'if you play with snakes, you'll get bitten'

-Allen