Quote:
Originally Posted by dudeitsdylan
Hmmm.... You don't think that I could find a 09 touring/sport/6mt for about $25-$30k? My bad, I'm just confused right now. On the car I have now we put $3k down, and we got it for $20k. I thought with $2k more + a longer loan (prob 5-6yr) + better credit score it would all be good? I thought about trading my car in, but I only got it a little less than 3months ago so I would be in the red prob. Also, no offense but I would rather stick to my mustang than a 350 or s2k. Worse comes to worse I guess I could save for a year longer and get it so I have about $10-$12k to put down. Thanks for your help though. :/
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Nope. $20k out the door less $3k down = $17k... that's a lot less than $28k you'd need to borrow on a used 370z.
A used one would likely be close to $29k BEFORE tax and financing costs which would put you near $33k total. Less your $5k down payment you'd be borrowing $28k... which would translate to at least $450 in monthly payments. That doesn't include other things like insurance, maintenance, gas, etc.
I was like you when i was 17 and wanted to buy more car than I could afford. I ended up purchasing a 350z but my payment was only $240 a month and I had a steady job.
At your age your insurance (even registered under your parents) would likely be close to $200 a month.
Have you ever driven a 350z? They are fast, fun, and sexy! If you'd take your mustang over a 350z or S2k, perhaps the 370z is not for you. They are very similar, just have different power levels. And I can assure you, even if your 08 stang is a GT, the 350z is quicker.
I like stangs, but I personally think the 08 bodystyle is really ugly.
You should just keep your car if you like it, especially if you have NO job and won't be making that much money even if you do have one.
Best of luck with your decision.