How Did you make the money to afford a z?

8183 Views 30 Replies 19 Participants Last post by dave079, Oct 14, 2004

IwannaZ

Discussion Starter · Oct 12, 2004

i've currently got a 95max with some stuff done, was looking into getting a z but i'm a full time student at the moment, was wanting to know what your payments look like

1 - 20 of 31 Posts

Dr. Z

· #2 · Oct 12, 2004

Don't do it. You don't want to have to live month-to-month wondering if you've got enough to eat or pay for your car insurance. Worst thing you could do is ruin your credit rating early on, or build up a huge credit card debt paying for everything. It's just not worth it. If you want to know what payments are, there are a lot of calculators out there (Yahoo Autos has one) to work it out.

Derek

jinxxycat

· #3 · Oct 12, 2004

$5K down and payments are $519/month. Insurance roughly $100/mo (we pay quarterly). Married/dual income helps out! LOL

lionkiller

· #4 · Oct 12, 2004

Two incomes, cheap house pmt., the desire to drive something I didn't have to build myself!

(B.Y.O. -build your own- is how I made it through the 'lean' years...)

dave079

· #5 · Oct 12, 2004

Decent job, single, 25 years old, not many other expenses, house I am living in given to me

RSX8600

· #6 · Oct 12, 2004

That why i bought a honda hahahahaha.

juanjo_z

· #7 · Oct 12, 2004

First of all, I agree with Dr. Z. Wait till you graduate and you can buy one more comfortably. There is no need to rush if you already have a car. Anyway, I'm a DINK (Double Income No Kids) and that really helps, but I got a really good deal on mine. No down payment and pay $473.78 (Silverstone Touring, six speed manual trans., burnt orange leather seats). I also have an awesome coverage with a really good price. For a 2003 Volvo S60 T5 (wifey's) and my Z, I pay 100 per month (Geico).

Anyway, just wait and when you are ready don't go out and buy the first thing you see. I waited about 4 months looking for the right deal for me and did a lot of research.

Good luck in school. I know it's hard since I just graduated (a 23 year old engineer).

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SOLRAC

· #8 · Oct 12, 2004

21 yo work full time Cingular Tech support gave total of 7g's down (4500 99' v6 mustang trade in and 2500 cash) i pay $399.00 a month + $120.00 full coverage ins. (state farm) ,.... (dont ask its rigged) brand spankin new 04 base 350z not going to school now will be part time next term. as for rent yeah,.. i am stuck i help my mom pay for her house my dad's a dead beat and i have a 10 yo sister. but the real money pit's the girlfriend

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Z916

· #9 · Oct 13, 2004

24yr old software developer. I dropped $7K (sold my '01 prelude) down with $450 payment + $140 insurance per month.

I also agree with Dr. Z. I was a full time student when I bought my prelude and I was basically living paycheck to paycheck. That wasn't fun at all. Just wait till you graduate... you'll have plenty of time (and money) to get nice ride when you're down with school.

ZSUNSUN

· #10 · Oct 13, 2004

As much as you want a new Z, wait until you get a stable job and not in school. For many of us, we all have graduated from school, got job, and some married. Until I got this new job, or even few month in to it, I wonder even I could afford new Z or other new car for long time. I maybe young as you are (23), but take our words, don't rush your self.

$20K down (help from my parents)

, and $210 per month, and Insurance roughly $300/6 months (Full Coverage)with my parents family plan.

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juanjo_z

· #11 · Oct 13, 2004

ZSUNSUN where are you in Ohio? I'm from cincinnati

Lo Fi Ched

· #12 · Oct 13, 2004

QUOTE

No down payment and pay $473.78

How the **** did you pull that off!?! More than 60months?

Juztin

· #13 · Oct 13, 2004

base model, purchased sticker price, $422 a month with extended 75,000 mile ground-up warranty. Insurance runs me about $160 a month for full coverage on my own plan with state farm. Bought the car when I was 20 just turning 21. 22 now and trying to keep myself from speeding as I like to have the low insurance rate for my age group. I'm on the 5 yr plan for paying it off to keep the payments reasonable and hoping at starting to do double payments within a year.

dinoz

· #14 · Oct 13, 2004

41 year old (single always/no kids ever) engineer. Traded-in my '96 Camaro SS and wrote a check for 24K. Insurance (in good old boring Delaware) is about $800/year. One of the reasons I bought the ('03 Performance) Z is its bargain price.

Lo Fi Ched

· #15 · Oct 13, 2004

Again, how did you guys get such low payments with no down pymt, esp paying sticker? I got a decent interest rate and still I am paying $600/mo.

Of course, i had like $3000 neg equity in my last car, but would that make a $150+/mo difference?

smoothz

· #16 · Oct 13, 2004

My touring cost $26200 before everything. No money down and my payment is about $550/mo. Great rate, too.

What totally blows is that we pay sales tax on a used car, even though it's already been paid to the state.

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DiRN

· #17 · Oct 14, 2004

Originally posted by SmoothZ@Oct 13 2004, 05:03 PM
My touring cost $26200 before everything. No money down and my payment is about $550/mo. Great rate, too.

What totally blows is that we pay sales tax on a used car, even though it's already been paid to the state.

$36200??

missnyc

· #18 · Oct 14, 2004

Hey Dinoz..I am in Delaware too!

The payment was a little hard to swallow the day that I bought it but OMG I would do it over and over for this car....You definitly dont want to strap yourself just for the car. I put $10k down and $580/mnth..

smoothz

· #19 · Oct 14, 2004

Originally posted by DiRN+Oct 13 2004, 08:06 PM-->QUOTE (DiRN @ Oct 13 2004, 08:06 PM)

<!--QuoteBegin-SmoothZ

Click to expand...

@Oct 13 2004, 05:03 PM
My touring cost $26200 before everything. No money down and my payment is about $550/mo. Great rate, too.

What totally blows is that we pay sales tax on a used car, even though it's already been paid to the state.

Click to expand...

$36200??

Nope, asking price was $26200. When I said no, they placed it online for almost $28k. A few days later, they called me back and offered it to me for the old price. By then, I realized that it was a decent deal and decided to take it.

DiRN

· #20 · Oct 14, 2004

Originally posted by SmoothZ@Oct 14 2004, 01:16 AM
Nope, asking price was $26200. When I said no, they placed it online for almost $28k. A few days later, they called me back and offered it to me for the old price. By then, I realized that it was a decent deal and decided to take it.

Wait, you bought used, didn't you? That would make sense

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