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thinking so hard it hurts
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6z-8-z=4(z+10) is Offline
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Default thinking so hard it hurts - 03-16-2005, 09:46 PM

http://cgi.ebay.com/ebaymotors/ws/eBayI ... 65177&rd=1


me wants one...thinking about car payments, insurance costs, and other shit..

this will be a hard descision gentlemen
  
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Default 03-16-2005, 09:49 PM

that thing has gotta be a gas guzzler


  
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Default 03-16-2005, 09:50 PM

29 mpg on the highway, which is where i will do 90% of my driving
  
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Default 03-16-2005, 10:09 PM

that car looks ghey.


  
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Default 03-16-2005, 10:10 PM

perhaps, but the GTO has always been a streamlined car my LS1-challenged friend.
Thank you for your input though.
  
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Default 03-16-2005, 10:20 PM

np beer: . as long as you get the car you want. just ask yourself if you need it right now and if you can actually afford it.


  
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Default 03-16-2005, 10:30 PM

Unless you are making fat bank, that insurance is going to rape you. And that's assuming your record is clean.

If you were to win it at $22,500 (you won't, that's not even the reserve) you're looking at payments of over $400/month. Unless you're still on your parents' insurance, you're probably looking at an insurance payment of over $300/month. And in some states, you can't be on their insurance unless they help finance the car.

Just to put that in perspective, you could get a $700/month mortgage on a $100,000 house with no down payment oOo:



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Default 03-16-2005, 10:51 PM

what if i finance it for lets say 64 months or so??
  
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Default 03-16-2005, 10:52 PM

It would be 60 months (5 years) and I guarantee you won't have a car payment below $400. If the car gets up close to $30k you are looking at $500+



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Default 03-16-2005, 11:18 PM

well heres my plan because im willing to put a downpayment of 10grand and finance the rest. 2004 GTOs are usually going around mid 20-grand
  
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Default 03-16-2005, 11:20 PM

If you finance $15,000 at a low rate you are looking at about $300/month for your loan payment.



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Default 03-16-2005, 11:21 PM

well aint that a bitch, i belive its back to the drawing board
  
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Default 03-16-2005, 11:28 PM

[quote="6z-8-z=4(z+10)":99978]well aint that a bitch, i belive its back to the drawing board[/quote:99978]

My advice is, if you have a car, hold on to it. If you don't, just pick up something for $5,000 or less that will get you Point A to Point B.

You can usually get an import like a '96-'99 Honda Accord for $4,000-6,000 and they're pretty decent cars, require very little maintenance.

You can just drive the hell out of it and when you make enough money to afford something better go for it.

I'm finally about to get my dream car.. BMW 328i rock:



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Default 03-16-2005, 11:30 PM

in a few days im going to sit down with a sleezball salesman and well crunch some numbers to see if we can get that payment down. and maybe ill go for the plunge
  
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