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Can I afford the 370z if I pay full cash?

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Old Nov 5, 2014 | 03:09 PM
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Default Can I afford the 370z if I pay full cash?

Let's say I save the money, and pay full cash

I'm 31 years old, living rent free, no debts, my only expenses are gas

I make minimum wage though like 1200 a month, but the 350z and 370z have always been my dreams car

Can I afford the 370z in term of maintenance, insurance, premium gas? etc

or would I be better off getting a touring 350z?
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Old Nov 5, 2014 | 03:30 PM
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how are we supposed to know if you can afford it
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Old Nov 5, 2014 | 03:45 PM
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You're 31 and living rent free. Are you in your parent's basement? If you are making $1200 per month and truly have zero bills, I would think you could afford the 370Z. But you really need to think about your future and get some education or skills rather than spending the money on a Z.
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Old Nov 5, 2014 | 04:04 PM
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Lol making 1200$ at 31 and no rent.Seems as if you still live with parents. Hold off on the z and get your life together first man.
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Old Nov 5, 2014 | 04:44 PM
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Yes, you have the money for it. No, you cannot afford it at the moment. If you don't understand that, we can't help you.

Go make a plan, take some classes. Don't spend on a fancy car to impress people, it's not going to last.
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Old Nov 5, 2014 | 05:41 PM
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HOw the hell are you living rent free and making minimum wage.

There is no way you paid off your house if you are making that. Especially after taxes.

No you can't afford one. Unforeseen living expenses or emergency's and having a sports car isn't worth endangering that cushion.
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Old Nov 5, 2014 | 05:46 PM
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... Skip a major purchase like a Z, and find a job paying more then 1200 a month...
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Old Nov 5, 2014 | 05:46 PM
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Also is a rear wheel drive car is what you want in Minnesota?
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Old Nov 5, 2014 | 05:52 PM
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Originally Posted by orlando158
Let's say I save the money, and pay full cash

I'm 31 years old, living rent free, no debts, my only expenses are gas

I make minimum wage though like 1200 a month, but the 350z and 370z have always been my dreams car

Can I afford the 370z in term of maintenance, insurance, premium gas? etc

or would I be better off getting a touring 350z?
If you can pay cash for a 370z why would a 350z touring be better??? A newer 370z would need less maintenance than an older car, so why would you get an older 350z car???? post.

I'm staying on the subject not getting involved in advice on life. You're 31 ...

Last edited by tommy smith; Nov 5, 2014 at 05:55 PM.
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Old Nov 5, 2014 | 06:51 PM
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you need to get a skill set that will pay you more money. Invest in your education not a car.
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Old Nov 5, 2014 | 07:18 PM
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wow
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Old Nov 6, 2014 | 02:23 AM
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i receive almost double your salary and i am rent free but am 29

and yes i can afford 370z.. (i already have 3 cars) but i choose those cars because of low maintenance cost. so i can save at least to get married and start a family.

yes u can afford 370z! but u rather buy a 350z and start imporoving your career...

Last edited by jdmlove1; Nov 6, 2014 at 02:24 AM.
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Old Nov 6, 2014 | 03:35 AM
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1200 a month isnt crap, i make more than that a week......
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Old Nov 6, 2014 | 05:49 AM
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How do you survive off that a month. I feel like I dont make enough and I make 5x that.
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Old Nov 6, 2014 | 06:08 AM
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someone is trolling
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Old Nov 6, 2014 | 10:10 AM
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No one's only expense is gas...
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Old Nov 6, 2014 | 11:14 AM
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If you're truly asking for financial advice, here's the real answer.
at $1200 a month, you're bringing in $600 every two weeks. If you purchase a new $370Z, you're looking at roughly a $600 a month (give or take $30) payment with $0 out of pocket. You are already down to half of your monthly income on payments alone. If you're not paying insurance, you still have to pay for gas and maintenance like oil changes. Meaning, you will be living paycheck to paycheck and will incur debt on a monthly bases. If you truly are making $1200 a month, I would recommend a $7,000 car max.
Good luck
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Old Nov 6, 2014 | 11:31 AM
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Take whatever you have saved for your dream car and put it into a 401k. Seriously. At 31 and making minimum wage I'm sure your retirement fund is off to a terrible start if you even have one.

Second order of business would be figuring out what you need to do to get a better job. I was able to make more than that bussing tables at 17 years old.
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Old Nov 6, 2014 | 12:20 PM
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Originally Posted by oldschool350z
HOw the hell are you living rent free and making minimum wage.

There is no way you paid off your house if you are making that. Especially after taxes.

No you can't afford one. Unforeseen living expenses or emergency's and having a sports car isn't worth endangering that cushion.
My grandfather who lives in south america, sold his $5 million house, and sent a piece of the cake, to all his sons, including my father.

My father paid off our house, and bought another for him and my mom.

Thus, I live rent free

Last edited by orlando158; Nov 6, 2014 at 12:30 PM.
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Old Nov 6, 2014 | 12:23 PM
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I already knew people were going to say that I cannot afford the Z, or that is stupid to buy one, even though I CLEARLY SAID I WOULD BUY WITH CASH, is like they try to find any hole or excuse in your story, to ruin your dream

People on this forum, from what I have seen and read, always seem to say NO!!! to anyone who asks if they can afford the 350z or 370z, they act as if the car is expensive, and unless you are making really good money on a monthly basis, then you cannot afford one

Stop acting as if the car is a BMW or Mercedes lol is a poor man's overpriced Nissan, which can be easily bought for 25k, even 21k nowadays. It probably cost only $10-15k for Nissan to produce a new 370z

The 350z, even cheaper than that

Last edited by orlando158; Nov 6, 2014 at 12:29 PM.
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