Im broke, but worth
I just want to start by saying hi. I hope to stay active in the forum. I am a full time student with a full part time job to pay for my z. I am jsut about to turn 18 years old. I got a very clean 2005 nissan 350z touring for 15k. It had 86,560 miles. that is way to much for me. but because my mom is the one that got the loan for me. im locked. she even went to carmax (where i got it from). I heard carmax over charges, and she locked into a 15k loan for 5 years. Its a Blue 350 with no extra mods, just very clean. I am still new to driving stick, and i asume im going to have to put a new clutch in it sooner or later. I love the car im just worried about my future now. I am forceed to pay 340 for the payment and 104 for insurance. thats 444 a month atleast that i need to make. i can make about 540 a month while still going to school. I love the Z and I like to learn new things that I can maybe one day do. So thanks so much and i look forward to chatting on the forum. If no one looks at this oh well, and if many people come to see my post and this post is actually placed wrong or i just look like a dumbass. oh well its only real life. haha later! Any pointers or advise would be great.
First, welcome to my350! Just use the SEARCH feature. So if you have a question just type ___ then my350z after it. Also, look at the top 100 common questions found here. https://my350z.com/forum/2003-2009-n...questions.html
That should answer about everything.
That should answer about everything.
I just want to start by saying hi. I hope to stay active in the forum. I am a full time student with a full part time job to pay for my z. I am jsut about to turn 18 years old. I got a very clean 2005 nissan 350z touring for 15k. It had 86,560 miles. that is way to much for me. but because my mom is the one that got the loan for me. im locked. she even went to carmax (where i got it from). I heard carmax over charges, and she locked into a 15k loan for 5 years. Its a Blue 350 with no extra mods, just very clean. I am still new to driving stick, and i asume im going to have to put a new clutch in it sooner or later. I love the car im just worried about my future now. I am forceed to pay 340 for the payment and 104 for insurance. thats 444 a month atleast that i need to make. i can make about 540 a month while still going to school. I love the Z and I like to learn new things that I can maybe one day do. So thanks so much and i look forward to chatting on the forum. If no one looks at this oh well, and if many people come to see my post and this post is actually placed wrong or i just look like a dumbass. oh well its only real life. haha later! Any pointers or advise would be great.
So essentially you'll have less than $100 each month for gas, food, school supplies, day to day expenses, and going out/entertainment.
Registered User
Joined: Aug 2011
Posts: 995
Likes: 1
From: coopercity, FL
I don't understand the logic and this goes back to my first post in here. I cannot believe this kids mother actually signed for the loan thinking it was a smart idea.
I wish the OP well but, I'm sorry, I can't get past the 5 year loan for $15,000. Jeez, the interest will be double that.
Edit. I did the math and grossly overestimated the interest but still, the interest amounts to over $5,000.
Edit. I did the math and grossly overestimated the interest but still, the interest amounts to over $5,000.
Last edited by Blu Hvn; Sep 8, 2014 at 06:43 AM.
New Member
Joined: Jul 2012
Posts: 901
Likes: 4
From: Bahrain
have fun in the car, but a 5 years 15k loan was a big mistake.
i think you should've discuss this with someone other than your mom, a mentor perhaps.
well, there is allot of mentors in the forum.. you can pick one from the above replies and PM him for advise
i think you should've discuss this with someone other than your mom, a mentor perhaps.
well, there is allot of mentors in the forum.. you can pick one from the above replies and PM him for advise
Last edited by jdmlove1; Sep 8, 2014 at 04:47 AM.
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