Alright guys I just wanna know if this sounds reasonable as a goal for the soon future. I'm 19 years old, live at home, and go to school full time and work part time. I get checks from the VA because my dad was a veteran and make pretty good money working part time.

Anyways, I'd really like to get a G35 as my next car...or possibly a 350z... IS this a reasonable car for me to be looking at? Right now I have a 97' 2.2 CL that I bought myself 2-3 years ago for 9k cash.

Would it make more sense for me to buy the car, or lease it?

And how much would I be looking to be spending on the 350z or g35, with different amounts of down payments? I tried looking on the websites but I was kinda confused using there calculators. If I were to go into a dealership by myself would they take me seriously? My mom said she would NOT cosign. I was thinking of waiting until all my credit cards are at 0 balance before I even talk to someone. If you guys could give me an idea of how much I would be paying and what the best route to go would be I would greatly appreciate it. I figured who better to ask then a bunch of people obsessed with cars.

Also I dont want to turn this thread into if you like the 350z or g35 thread, i just want to know about getting them, I know a few members on here have both and im just curious what kinda payments you make and all the other stuff.

P.S.

Right now my insurance is 280/month for State Farm full coverage. Would I be paying about the same for these cars, or more? My insurance was 320/month but recently went down to 280.

Thanks in advance guys.

 

IBmovedtocartalk

 

http://www.carmax.com/dyn/research/c...?pageLoad=true

I use that calc.


Your insurance will go up for sure with a G35 or 350z.

 

car talk here we come!!!

 

ahh cmon moving to car talk is like holding up a sign for a nudie bar infront of a church. ahah can't i leave it here for a little?

 

Whats an average apr most places use?

 

Why, you wont get serious answers in here about car stuff. IMO

 

is this a post whore thread?

 

depends on dealer, car, your credit...etc...


Talk to your bank and see what they would offer you, you might be able to get an idea from there.


How much you have to put down?

 

First go to www.edmunds.com and research what the sticker and invoice price is for each car with the options you want. Then we can look at payments.

As for lease vs buy, how many miles do you put on the car a year? How long do you plan on keeping it?

Your insurance will most likely go up (these are newer, more expensive cars).

 

if you're paranoid about your car now, you'll freak out when you get a brand new even more expensive car later. my suggestion is wait til you get on your own 2 feet, ie, graduate from college and landed a good paying job. then you can think about all the nice things you can buy

 

yeah but with better brakes, more airbags, etc.

my insurance went up $20 per YEAR when I went from a 94 Mustang to a 2001 CLS

 

First - I said most likely
Second - Bigger, more powerful engine usually means higher insurance
Third - See, yours did go up

I'm not saying the rates will double, but odds are, that at 19, the rates will increase noticibly.

 

he's not gonna win w/ the insurance at 19. no way, no how.

 

I know... just saying it might not be a huge increase.

and btw... $320/month on a 97 2.2 what the hell is on your record

I pay less than that for my 01 cls and sk2 combined.

 

ya i dunno my mom has a 05' highlander and hers is 65.00/month?

 

kid yer 19......what do you expect? insurance in Florida will be killer.

 

listen to that link will tell you the TRUE VALUE of owning any given car... ie insurance, apr on a loan, car payments etc...

your insurance will DEFINITELY be painfully high considering you're young and those are sports cars

 

Male, single, under 25yo, 350z=insurance payment may be more than the loan payment.

 

$280 a Month for insurance ..holy crap lol, Full insurance for me on the CLS is only $62 a month.

If you want to be the SMART 19year old about this wait until your 21. All those VA checks you recieve put them in the bank and use some to pay of your CCs. Finish school and then get the car you want.

I dont know what your credit is like, but if your working part time, right now your going to be putting down ALOT of $$$$ for the downpayment, just to get approved

And a Lease, your insurance payment will go thru the roof, as higher limits are need.

My advice is don't rush into anything.....trust me you will regret it.

 

Ditto..Keep your 2.2..It aint the fastest thing in the world but it gets your from point A to point B looking good. I'd finish school and like Mr. F900 said take those VA checks and pay off the CC and invest it. Before you know it you can driving a new Skyline ( If we ever see it over anyway )

 

I wouldn't even consider getting the car with your insurance as high as it is right now. Call State Farm and ask them what it would be. I had a friend who got laughed at by the insurance company when he called about a car, it was more to insure the car for a year than it was to buy the car.

Also, if you're serious about it and want to see if you're able to do it, put the increase in insurance and also the estimated loan payment in a bank account for 6 months and see if you are able to live as comfortably as you are now.

Leasing is only a good option if you deal with the fact that you won't have a car in a few years, unless you keep your CL. Also, it limits how much you drive.

If you're 19 and get a 5yr loan you'll be 24, probably unable to afford to move out due to high car payment and insurance. One accident will probably double your premium.

 

If you want to lease your insurance is higher than buying because FL law requires 300,000/100,000 bodily injury coverage which jacked up my insurance $50/mo more for an 05 Jetta for my wife. Plus with gas being super high a new car will absolutely kill your budget.

Dude, south FL home market is shooting up an alarming rate. Buy a house already. I'm about to buy a place that was like $50,000 cheaper last year. If you really want a nice car get a line of credit and buy a car with your equity. I personally wouldn't but a new car is truly a luxury.

 

esp witha 350

 

Aside from all the insurance comments, I would buy rather than lease. Those vehicles are holding their value exceptionally well and would be worth getting equity into either of them.