Dell Financing for an XPS M1530, Advice?

I was wondering if anyone has ever used Dells Financing and could possibly give me some feedback on it. I saw this deal (pic below) today and it looks good but i'm afraid to try it. I could definitely have the notebook paid off before 2009 but i am scared that Dell could do something to screw me over; i have read stories before. Any advice would be great thanks.


I just noticed they misspelled January in the ad LOL!

 

I'm also interested in this. I wish they'd offer 18-months no interest financing like Sony does.

 

I just bought one using dell financing. There is nothing wrong with it as long as you make the minimum payments each month and have it all paid off by 2009. If not interest will accrue and then you will be screwed paying the interest.

 

I paid for my newest unit with a dell preferred account. I've had my account for several years now and have not been screwed over once. As collister said, you need to make your minimum payments and if you are approved for the no interest deal, make sure you pay it off before the deal expires or they'll charge you in full for the interest that has built up over a year.

 

Don't be scared. Here is the Deal. You get one year of no interest, but you must pay it off by the due date. If not, then all the interest the account as accrued over that year will be added to the account. Also with dell you must pay the min payment each month because if you miss a payment, you will get the default rate of 29% and lose your interest free promo.

 

I say, if you cant afford to pay for it in full right now, you shouldn't buy it.

 

Why? I bet you could not afford to buy a car in full, or a house so should I not buy one If this is a semi needed purchase IE for use at school, work, or will be his main PC, then as long as the person is responsible they will be fine. Also its a good way to start building credit. You need to start sometime.

 

A house is the only thing imho, that you should have to finance. Dont tell me you need a $2,000 laptop for school. A $200 used one from ebay will work just fine. But again, its just my opinion and how my parents had raised me.

 

I agree with you 110% I was raised the same way.

 

Well I agree with there. I use a 300$ IBM X30 for school. This also could be his main PC and there is noting wrong with getting a nice notebook that will last him quite a while. If he wants a 1500$ notebook for school, then so be it. Again if he is "Responsible" then there is nothing to worry.

 

buy what you can afford... if its out of your reach then why do you want to get it? I have to agree with nizzy on this one.... And dont go comparing houses and cars to a computer : the price range is in a completely different category.

Just make a one time payment and get it over with. Why do you want a headache of making payments each month ? Like someone said : if you miss one you lose your promo deal and will pay interest after that. Its just not worth it...

 

I am going to use the financing as well, and for a good reason. I will be in college next year (hopefully if it get in haha), so I need one before then. I am working 20 hours a week now and have $500 saved up. My parents are giving me $400 towards a laptop as a christmas/graduation present. Since it is such a good deal on the XPS 1530 now I am buying it now, and instead of having my parents pay $1000 and me paying them back gradually, I am using Dell financing since I have 2 brothers in college and my parents could use the money. I will have it all payed off in about 2 months (paying $300/month, with $800 down on purchase) with , my parents will keep all their money except the $400 that is a gift, and I will have saved a lot of money on a great computer that will last me 4+ years. What is wrong with that?