View Poll Results: Can you buy a $50,000+ car easily? ($1000.00+ monthly payment)
Easily Afford, but I love my SC300/400 too much
85
13.82%
Easily Afford, Other reasons why I don't buy a new car
60
9.76%
Can afford but would be tight on cash afterwards
108
17.56%
Can't afford yet, but will be able to soon
63
10.24%
No, can not afford
299
48.62%
Voters: 615. You may not vote on this poll
How many SC300/400 owners can buy a $50,000.00 car?
09-09-07, 09:43 AM
#136
A person making under 50k a year shouldnt be driving a 50k car IMHO.
Even if you live with parents, its financially retarded to do that.
I have financed a car that was 50k off the lot years ago...I hated making $800 payments. I ended up paying it off and selling it when I was able to do so.
The funny part was that I came to this decision listening to an old CD by (Bay area Rapper) E40. He had a line that said "Dont buy a 50,000 car before u buy a house....."
From that point I only bought cars that I could pay for up front....So that I can hold the title to every car that I own. It also means that I will probably never have a brand new car....Simply because my taste in new cars exceeds my current paychecks
Not saying people should be a cheap *** like me
but 'credit card tuning' is bad business and people loooove to buy cars they cant really afford.
My personal rule is: Never make long term payments on anything that dosent have a house sitting on top of it
Even if you live with parents, its financially retarded to do that.
I have financed a car that was 50k off the lot years ago...I hated making $800 payments. I ended up paying it off and selling it when I was able to do so.
The funny part was that I came to this decision listening to an old CD by (Bay area Rapper) E40. He had a line that said "Dont buy a 50,000 car before u buy a house....."
From that point I only bought cars that I could pay for up front....So that I can hold the title to every car that I own. It also means that I will probably never have a brand new car....Simply because my taste in new cars exceeds my current paychecks
Not saying people should be a cheap *** like me
but 'credit card tuning' is bad business and people loooove to buy cars they cant really afford. My personal rule is: Never make long term payments on anything that dosent have a house sitting on top of it
09-09-07, 10:20 AM
#137
Lexus Champion
Thread Starter
A person making under 50k a year shouldnt be driving a 50k car IMHO.
Even if you live with parents, its financially retarded to do that.
I have financed a car that was 50k off the lot years ago...I hated making $800 payments. I ended up paying it off and selling it when I was able to do so.
The funny part was that I came to this decision listening to an old CD by (Bay area Rapper) E40. He had a line that said "Dont buy a 50,000 car before u buy a house....."
From that point I only bought cars that I could pay for up front....So that I can hold the title to every car that I own. It also means that I will probably never have a brand new car....Simply because my taste in new cars exceeds my current paychecks
Not saying people should be a cheap *** like me but 'credit card tuning' is bad business and people loooove to buy cars they cant really afford.
My personal rule is: Never make long term payments on anything that dosent have a house sitting on top of it
Even if you live with parents, its financially retarded to do that.
I have financed a car that was 50k off the lot years ago...I hated making $800 payments. I ended up paying it off and selling it when I was able to do so.
The funny part was that I came to this decision listening to an old CD by (Bay area Rapper) E40. He had a line that said "Dont buy a 50,000 car before u buy a house....."
From that point I only bought cars that I could pay for up front....So that I can hold the title to every car that I own. It also means that I will probably never have a brand new car....Simply because my taste in new cars exceeds my current paychecks
Not saying people should be a cheap *** like me
but 'credit card tuning' is bad business and people loooove to buy cars they cant really afford. My personal rule is: Never make long term payments on anything that dosent have a house sitting on top of it
09-09-07, 03:55 PM
#139
Lexus Test Driver
I picked "No, can not afford" but at the same time even if I had the money I wouldn't buy a $50,000 (new) car. It's much smarter to buy a used/preowned car where you can spend half as much or less when it's a few years old. My SC4 was $52,500 when it was new and I paid about $8,000 for it (12 years old, though) so that seems to be the way to go. I feel like I have the best of both worlds: a $50,000+ car for $8,000.
11-14-07, 06:59 AM
#141
Rookie
Join Date: Aug 2007
Location: FL
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Just got rid of my 06 G35, 43k sticker for my 99 SC400. I am through with the car payments. In a way I did buy a $50,000 car, I think the sticker for the 99 SC400 was that. LOL And who knows, by the time I am done with the mods, the total might be $50k LOL
11-15-07, 09:59 AM
#144
Rookie
Join Date: Feb 2007
Location: CA
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I can and usually I would never spend that kind of money even though that its possible because,
I agree with Emerald, you should never spend that kind of money on a car without having a house first!
But I plan on a new GTR! not this first production run but most likely the Nismo edition that they are talking about in 2010. That will probably be the last car I ever buy new!
Other than that save your money and buy used cars with low miles!
I agree with Emerald, you should never spend that kind of money on a car without having a house first!
But I plan on a new GTR! not this first production run but most likely the Nismo edition that they are talking about in 2010. That will probably be the last car I ever buy new!
Other than that save your money and buy used cars with low miles!
Last edited by EvilRB; 11-15-07 at 10:03 AM.
11-15-07, 10:48 AM
#145
Driver
Join Date: Mar 2005
Location: CA
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I've been contemplating this a lot lately. I want to buy a 911 turbo (used), but I've put too much time and money into my car, and would lose a ton on upgrades. I still have a lot of fun in my SC, and love the looks, but I just wish I could make it quicker without having to swap engines or bolt on a turbo kit.
I don't want to put anymore money into my SC when I could be putting it towards a Porsche. Now I'm stuck in a position of not wanting to spend anymore on my SC, but also not wanting to sell it when I consider how much I've put into it.
I don't want to put anymore money into my SC when I could be putting it towards a Porsche. Now I'm stuck in a position of not wanting to spend anymore on my SC, but also not wanting to sell it when I consider how much I've put into it.
11-15-07, 11:24 AM
#146
Pole Position
Join Date: Nov 2006
Location: GA
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I ordered a BMW M6 a few months ago, but I did it for business purposes. I love my SC, unfortunately, a lot of my clients are older and don't really care for/understand the whole swap concept as it's a bit much for them. This time last year, I had a new Subaru STI, new Audi S4, both my 600whp DSM's, and the SC. I've since narrowed it down to the DSM's, the M6, and the SC. (oh, and a CBR 600RR, but I didn't think that counted)
01-09-08, 02:56 PM
#148
Lead Lap
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Join Date: May 2007
Location: Utah
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yeah i couldn't afford one. But hey any car that sells new off the lot loses like 10-25% instantly sometimes, resell is a *****.
Last edited by UTSC300; 01-09-08 at 03:03 PM.
