No sir... you're still a loser. People just want to use you.

You are quite possibly the most shallow person I've read about on this board.

The Z is a legacy, a car which people have driven for decades because the car is what represented the highest level of sport a company could deliver to the "general buyer".

You had to buy it to be cool... Give me a break. Sell it an buy a Beetle... quit living a dream world.

I bought my Z because it was fast, handled great... and LOOKED GREAT TO ME. I could give a rats *** what someone thinks of my car.

 

OK. So, after reading all of the posts you can pick what's behind Door #1, Door #2, or Door #3.

Door #1. Buy a Z now (like Mr. Loser did) so you will get girls who want to use you. Spend every spare moment doing upperclass-level homework and working two jobs while your Z sits in a parking lot getting dings. Max out some credit cards - you will get plenty of offers in the mail. Spend the next 20 years trying to get out of serious debt and figure out what went bad wrong.

Door #2. Finish college. Get good grades. Make payments to your savings account instead of a car loan company. Get a good job with a good income. Pay cash - or an impressive down payment - for your Z after you graduate. Enjoy your new, well-paying job, your new Z, your small car payment, and your honest friends.

Door #3. Drop out of college now before you have any more intelligence invested. Quit your two industrious jobs. Move in with Mr. Loser. He has a Z and he likes people to drool over it. He won't care. He won't even know what you're up to...

So, what's it gonna be? Door #1, #2 or #3?

Choose wisely.

 

I would definitely wait untill you finish school. You are a student now, that should be priority one, not worrying about getting in enough hours at work to make your payments. Study, go to parties, work hard, play hard.

I just finished college, I'm 26 and been saving for something like this. I put down a big chunk of change and my payments are $370 a month. Much easier to manage than $500.

Like others have said, when you finish school you will have a bunch of other financial obligations hitting you, student loans, rent, etc. Do you really want a big car payment on top of that? This stuff adds up fast. I was lucky enough to land a pretty well paying job right off the bat. A lot of kids are bustin *** just to get a job paying only 30k a year. Some are working at McDonald's and some are unemployed living in their parents basements.

Just something to think about. You don't want to put yourself behind the 8 ball. Take this time to build your credit and keep adding to that savings so when the time is right, making payments will be no sweat.

 

Hey,

Evil 350z take a joke, and calm down.

Can you not find anything better to do than to read into my words and reply with snide remarks?

They are not appropriate to this board or to this subject.

My post clearly shows my excitement for this car. Nothing more and nothing less. Do you really think I purchased this car to meet women?

Is this the first message boad you have ever used? Are you new to the Internet?

Things are not always as they seem. One must be creative to show emotion online.

Why dont you take a break from "Flaming" your car and re-read my post, tough guy.


Eric

P.S. I like your theory on lending institution's criteria. It is to bad you are 100% wrong. FICA scores determine eligibility far more than debt to income, or asset. Upwards of, 99% of pre-approval decisions in this country are computer based, via one's S.S. number, it is only those with troubled credit that an actual loan officer looks over and makes a final decision upon.

One's credit score has ZERO info in regards to income or assets, ZERO! In fact one could be a multi-millionaire, have $1,000.00 in revolving debt, and still easily be denied a loan.

Do you have troubled credit? It would appear so.

Like I said you are 100% wrong, and to be honest I take satisfaction in this. However, dont take my word for it, do some research or I will PM you all the information you need. To make future "educated" financial choices.

Then again, you dont seem like the type that likes to be wrong. Oh well.

 

Concentrate on finishing college and making good grades. The cars will always be there when you graduate and get a good paying job. Really don't know how you are going to find the time to study and work two jobs. That's is going to be tough. Good Luck!

 

well looks like this post got quite a few more replies than i had anticipated, but regardless thank you to all who responded. Again, i figured i would get responses from both ends of the spectrum, but a whole lot of saying "stay in school, focus on that..." which is probably the best advice. afterall, i am only 20 years old, and i'm guessing those who gave me the advice on waiting are most likely older than i am, and perhaps know somethings i dont? in otherwords a lot i'm sure...but anyways as far as what i'm going to do right now, (as far as next year at college is concerned) is wait, because I simply wouldnt want to purchase a car and have continual bills for a car coming in over the next 5-6 years. but then again, one thing i do have to agree with as far as getting the car now, is that i may not be in the position i am in now, in say 4-5 years from now. of course there will always be brand new cars coming out, newer models, etc, but as far as where i am at now (about to be a jr in college), all i have to pay for is food, and my parents old station wagon that i drive now...I goto GMU (fairfax, va), and i commute to school, and live with my parents simply because it makes sense financially at this point. Right now, i can more or less devote all the money i earn to whatever i want (car, rent, food, clothes or whatever). But as i do live with my parents, do not waste my money on clubbing, food, girls, etc..(not that they are WASTES, i just mean i dont have to spend money on those right now )...cause it is true that when i'm done with college, i will have rent, bills, etc to pay...and again my 2 jobs bring in much more than just $500 a month...i bring in about $2,000 or so a month in total, that just goes into my savings account each pay check...and if you finance a $30,000 car, @ 7% apr over 72 months...= $392 monthly, which is barely a 1/4 of what i bring in each month...so you figure i may not be in this position where i could use ALL of my potential income towards a car...but again don't get me wrong (those saying to get my priorities straight)...because I have already saved enough to pay for college...gmu is not too expensive if you live off of campus, and pay in-state tuition (which is me) and of course each month i put money into a separate savings account just to keep for the future, because i will definitely need money in the future to support my self. but anyways i'm not trying to drag this out, i just wanted some advice/opinions, which is exactly what i got, so thank you all...sorry i wasnt trying to initiate any other arguments! but for now i will wait probably at least until the end of next semester, see how much money i can put for down payment, and see how my savings are coming along.

ps- i also sorta took into account (again, not verified yet but assuming) that for the 2004 model of the Z, there is going to be the roadster, which might offset the price of the regular coupe. so hopefully i could get a performance for under $30k, which would make things somewhat easier on me...but no worries i am definitely not about to go purchase a Z in 2003...

thanks again,

drew

 

Drew,

Just b/c you are in a good financial position now (i.e., low overhead) doesn't mean that you have to buy anything, especially a sports car! As I recommended in my original post above, take that extra money that you have each month right now and make "car payments" to your own savings account! That way you will be the one receiving compounding interest, not the finance company. Grow your money in the bank, then getting and paying for a car later will be an order of magnitude easier.

I'm sure you will do the smart thing. You were smart enough to ask for advice from others who may have more experience, but most certainly have more objectivity.

Wayne

 

Yeah... you're

As for being around on boards... you must not know who I am...

 

Evil Nope,

But I am sure you are dying to let us all know.

===========================================

Drew,

Its just a car, it will not destroy your life one way or the other.


Like I said, you can always buy with the assumption that you will sell the car, if need be. It seems like you are more than able to afford this car. But the choice is yours.


You and I both know, in reality, college takes up very little time. So the argument of "you should focus all your energy on school is not valid."

Any way you seem like a smart kid, so if you dont buy the car, at least stick your funds into a money market or high yield savings accont.

Any thing is better than sticking it into your local bank's system. Think about it for a few weeks before passing judgement one way or another.

Good Luck,
Eric

 

Man, I drove a Geo Spectrum in college. I had a $8/hr job (which was pretty good), and couldn't afford jack. Made enough to eat, pay for gas, and buy beer on the weekends.

I'd say wait as well. If you buy the car you can always sell, but if you're making the minimum payment and you can't afford a year down the road, you might be up-side-down on it...nothing sucks more than being up-side-down. Also, being in a long-term relationship doesn't necessarily mean you can't have a Z either...just don't have any kids .

 

you sound like a smart kid - so DON'T make a dumb mistake and buy a car you can't afford!~

Working 2 jobs, in college, and have $8k saved up - dude enjoy yourself - don't live to make car payments - quit one of your jobs- party! then when you are done party some more!

You will not look back when you are 30 and say man I had such a cool car - you'll say dude why didn't I enjoy myself when I was in school!

Another thing a 2 seater in college?!?!? So what you'll just follow your friends ever where you go on the weekends - or just ride with them...

And god forbid if you think you need this car to impress the ladies - if you should ever find one, you won't be able to have the time or money to hang with her (or her cute roommate)...

THINK ABOUT IT!!!! College should be fun - not all work and no play just for a FREAKING CAR!!! even a Z....

 

Actually a 30k note at 7% interest and 72 months = a $512 payment! With $6900 in wasted money paid to interest only....
I'll say what everyone else is telling you....WAIT!

 

I don't think anyone cares who you are...
You are just another Z owner here, and one with a pretty bad attitude most of the time at that.

 

I graduated from college last year and pre-ordered a Z. Did I buy it??? NOPE. Why? 'Cause I'm going to law school soon. No car's expense should interfere with school as you've heard about 50 times now.

So what should you do (I'm guessing it sucks to drive a station wagon)? Why not look for a low mileage 300zx??? You can find something pretty damn nice for about 10k.

 

There's a good idea! Just make sure you thoroughly check the car out before you buy. If you don't know how to do it well enough, make sure it's done by someone who is objective to the situation. If possible, get a warranty, especially if the car is getting older than 2-3 years (which any 300ZX would be).

 

Im in a similar Situation. Im turning 21 in 2 weeks. And have not had to pay a dime for college (Grants and all that fun stuff, no loans) I have decent credit, and have been shopping around for an Enthus Z. I fell in love with the car when i saw it in concept way back in the day.
Between working this summer and some other financial Ventrures im going to have 10-20k to throw around come the end of August, and my delima is do i put down 2500 on a preorder for an 04,and then another 7500 for a toal of 10k down. Id love to only have to finance 17-18k which is less then 400 a month on a 6.9 finance Leaving me some cash left for when i do graduate, for things like an apartment or whatever. Or should i wait one more year, when i will be graduating college, with a K-12 teaching degree.
Currently i drive a '96 Max GLE, that i bought this past Oct. its got 120k on her, and ive done some "Light" modding to (Nothing to ricy). And ive really been playing with the idea of selling that car, and taking my cash and buying a Z. I really have fallen in love with the car, and the idea that i could be driving around in one the last year of college, really intices me.
The only thing holding me back is Insurance. FOr me to Insure it will be 5k a year (gotta love NY insurance rates), my parents have said that they don't mind putting the car on their policy, and for me to get a "junker" for everyday driving, that i could insure myself. So im sorta stuck between a rock and a hardplace. I know alot of people will say that if i can't afford to do it myself I have no business owning it. TO that i say, that i work very very hard both in and outside school, and im to the point where i feel like i deserve to reward myself. If my parents are willing to help me out after seeing how hard i work, then I think thats even better, its not like im asking them to make the Downpayment for me, im not asking the for a dime, just to help me put plates on the car for a reasonable Price
Ive been to many a dealership here in NY, and im itching to get the car, but id love to hear some peoples takes on what i should do, just to sort of ground me, and help me put things in perspective. Please help

-Brendan

 

Norel350Z:

1st yr teachers in your area must do well if you are considering buying a new $30+ car...I'd say save for grad school b/c as a teacher you will most likely go back someday...

 

you're turning 21 soon - so graduation must not be that far off if you went in on time and handled your business. I say that you wait until you are 6 mo. from graduating or until after you have graduated so that you can take advantage of Nissan's new grad. program like I did. F**k a 6.9% APR. I just signed papers on my Z yesterday for 4.1%! It would have been 5.1% if i wasnt a recent graduate (c/o Fall '02).

 

Are you a credit/loan officer? Please PM the info to me - I'd like to take a look. As a Grad Student - with a perfect 10 yr credit history - I was told I needed a co-signer, since my Debt to Income ratios were all out of wack being a full time student.

By the way, it's a FICO score not FICA (fica is a tax the government jacks you on each paycheck)

 

Im graduating this time next year, Most friends as starting teachers here in this part of NY make about 35-42k a year starting. Im planning on living in my house for another 2 years before me and my buddies get an apartment or something