Fighting the desire for instant gratification

zeeder · 07-30-2017, 06:53 PM

I traded my 2013 6MT Sport Touring for a 2014 Mazda 3 a few years ago because I couldn't really afford the Z in the first place and needed to decrease my monthly output. The Z love goes deep for me and I've always planned to get a second, or third, model year Z35, if/when it comes out. A year after buying the 3 I decided it wasn't sporty enough and bought a 2015 GTI DCT. After buying the GTI, I made the decision to keep the it for at least 4 years. It's only been 2.5 but I've been thinking of getting back into a 2013+ 370 for low, to mid, twenties and keeping that until the Z35 comes out and is a few model years old. Also, since I've gotten used to the DCT in the GTI I've been wanting to try the 7AT, even though I hate the way the gear selector pad looks...lol. One of the dealerships in town has a 2014 7AT Sport Touring Nav that I'd like to test drive and that's prompting the thread.

If I test drive it, and am still in love, it could be hard to resist the temptation to trade. That is assuming I could get a decent deal. The biggest issue is that I'm still about $5k upside-down on my current loan but with both cars being 3+ years old the difference in future depreciation shouldn't be much. Crunching the numbers, the payment should be about the same if I can finance for 5 years at the same rate and insurance is only an additional $25/month. Should I bite the bullet and put Zs out of my mind for another couple years or find a good deal on a 370?

Zingston · 07-30-2017, 08:49 PM

All things being fairly equal ( and you suggested they were ), and you're OK with a 5 yr loan on a used car, I say go for it. It's what you really want, and you only live once!!!

Rusty · 07-30-2017, 10:32 PM

Me, I would hang on to what I have. Pay off the loan. Don't like being downside on a loan. Plan for the future. If something happens. You'll have something that won't kill you money wise.

zeeder · 07-31-2017, 12:54 AM

Yeah, that's the thing that makes it tempting. Assuming I can get the deal I'm thinking, a 5 year loan will only be $25/month more.

That said, insurance will be $25/mo more and average mpg will go from ~26 to ~19 which will mean 9ish more gallons per month making it another $25/mo for a total increase of about $75/month. If the cost of gas goes up it could take it to $100+/month though and then there's having to do summer and winter tires with bigger and wider wheels. After all this calculation, I think I have talked myself into waiting another year, or two, or three. Then, I'll be able to consider a '15+ Nismo, as I love the body kit, or a Z35 if it becomes a thing.

I still want to test drive a 7AT though.

Ventruck · 07-31-2017, 01:16 AM

As an investment, horrible imo. If you're still financing the GTI, I'd just say hell no.

Live with the mistake for abandoning us

...then buy a Z35 when the time comes.

Tick64 · 07-31-2017, 04:05 PM

I agree with the last 3 posts. A couple years wait will fly by. You don't want to run short on cash with unexpected bills (tickets?). I imagine prices on used Z's with only go down in time.

kittens · 07-31-2017, 05:22 PM

Is the Z35 even going to happen? you might be waiting forever

I would try at least to be above water before making a move though

jamtinge · 07-31-2017, 05:42 PM

If you have to calculate those small numbers to see if you can afford one, please don't.

zeeder · 07-31-2017, 06:09 PM

Quote:

Originally Posted by jamtinge

If you have to calculate those small numbers to see if you can afford one, please don't.

Yeah, the calculation of the small numbers was more to show how close/insignificant the change is to what I'm paying now. It was just that considering all of the small ways that the change would affect my budget brought home the fact that I really need to be smart and give myself plenty of margin!

zeeder · 07-31-2017, 06:16 PM

Quote:

Originally Posted by kittens

Is the Z35 even going to happen? you might be waiting forever

I would try at least to be above water before making a move though

Yeah, that's why I qualified all of my Z35 talk...lol. If it happens, and is good, that's probably the way I'll go.

cv129 · 08-01-2017, 10:08 AM

The dual clutch box will make the 7at feel ancient.

Rusty · 08-01-2017, 03:53 PM

Quote:

Originally Posted by cv129

The dual clutch box will make the 7at feel ancient.

Dual clutch will go the way of the Dodo birds. It will have a CVT in it.

Leingod · 08-01-2017, 03:59 PM

You're only 40. That's not even mid life crisis territory yet. Chill out and pay off the other damn cars first. It's a freaking 370z. Not a damn 911RS3 or some actual exotic. You'll survive with a VW and Mazda.

Or do what my dads girlfriend did. Start off in a brand new Jeep patriot. Realize it's a POS and roll over payments into a Jeep Renegade. Realize it's to expensive and roll over those payments in a Kia Sorento. Realize the Kia is a bigger POS and roll all that over into a Kia Forte. her payments are now $398 a month for the next 8 years.

Just food for thought.

Rusty · 08-01-2017, 04:05 PM

Quote:

Originally Posted by Leingod

You're only 40. That's not even mid life crisis territory yet. Chill out and pay off the other damn cars first. It's a freaking 370z. Not a damn 911RS3 or some actual exotic. You'll survive with a VW and Mazda.

Or do what my dads girlfriend did. Start off in a brand new Jeep patriot. Realize it's a POS and roll over payments into a Jeep Renegade. Realize it's to expensive and roll over those payments in a Kia Sorento. Realize the Kia is a bigger POS and roll all that over into a Kia Forte. her payments are now $398 a month for the next 8 years.

Just food for thought.

Sounds like my first wife's uncle.

His problem was. He would get tired of them after 2 years, and trade them in on a new one. Never paying any of them off. Just kept rolling everything over.

zeeder · 08-01-2017, 06:43 PM

Quote:

Originally Posted by Leingod

You're only 40. That's not even mid life crisis territory yet. Chill out and pay off the other damn cars first. It's a freaking 370z. Not a damn 911RS3 or some actual exotic. You'll survive with a VW and Mazda.

Or do what my dads girlfriend did. Start off in a brand new Jeep patriot. Realize it's a POS and roll over payments into a Jeep Renegade. Realize it's to expensive and roll over those payments in a Kia Sorento. Realize the Kia is a bigger POS and roll all that over into a Kia Forte. her payments are now $398 a month for the next 8 years.

Just food for thought.

I did something similar to this but my progression was: 350Z > 370Z > Mazda 3 > GTI. That's why I promised myself to keep the GTI at least four years. My loan for the GTI was 7ish years which is why I'm ~$5k upside-down. If the peeling interior of the 350Z didn't bother me so much I might not be in this situation...lol.

07-30-2017, 06:53 PM	#1 (permalink)
zeeder Enthusiast Member Join Date: Jun 2011 Location: Columbia, MO Age: 47 Posts: 460 Drives: ‘13 370Z ST 6M Rep Power: 3428	Fighting the desire for instant gratification I traded my 2013 6MT Sport Touring for a 2014 Mazda 3 a few years ago because I couldn't really afford the Z in the first place and needed to decrease my monthly output. The Z love goes deep for me and I've always planned to get a second, or third, model year Z35, if/when it comes out. A year after buying the 3 I decided it wasn't sporty enough and bought a 2015 GTI DCT. After buying the GTI, I made the decision to keep the it for at least 4 years. It's only been 2.5 but I've been thinking of getting back into a 2013+ 370 for low, to mid, twenties and keeping that until the Z35 comes out and is a few model years old. Also, since I've gotten used to the DCT in the GTI I've been wanting to try the 7AT, even though I hate the way the gear selector pad looks...lol. One of the dealerships in town has a 2014 7AT Sport Touring Nav that I'd like to test drive and that's prompting the thread. If I test drive it, and am still in love, it could be hard to resist the temptation to trade. That is assuming I could get a decent deal. The biggest issue is that I'm still about $5k upside-down on my current loan but with both cars being 3+ years old the difference in future depreciation shouldn't be much. Crunching the numbers, the payment should be about the same if I can finance for 5 years at the same rate and insurance is only an additional $25/month. Should I bite the bullet and put Zs out of my mind for another couple years or find a good deal on a 370? __________________ Zack FI catback, HFC, and Start Button - Z1 Intake - Nismo S-Tune Spoiler - PasswordJDM V2 Shift Knob

07-30-2017, 08:49 PM	#2 (permalink)
Zingston A True Z Fanatic Join Date: May 2017 Location: Florida Posts: 4,028 Drives: like it's a rental. Rep Power: 2684370	All things being fairly equal ( and you suggested they were ), and you're OK with a 5 yr loan on a used car, I say go for it. It's what you really want, and you only live once!!! NZ.Z likes this.

07-30-2017, 10:32 PM	#3 (permalink)
Rusty Ronin Samurai - Assassin Join Date: Dec 2011 Location: Fayettenam,Pennsyltucky Age: 68 Posts: 35,190 Drives: 2011 Nismo GM 6M Rep Power: 2684437	Me, I would hang on to what I have. Pay off the loan. Don't like being downside on a loan. Plan for the future. If something happens. You'll have something that won't kill you money wise. FL 4Motion, Felix 808, Chuck33079 and 2 others like this. __________________ 浪人 - 殺し屋 "The Difficult Anytime, The Impossible By Appointment Only" http://www.the370z.com/members-370z-...o-journal.html

07-31-2017, 12:54 AM	#4 (permalink)
zeeder Enthusiast Member Join Date: Jun 2011 Location: Columbia, MO Age: 47 Posts: 460 Drives: ‘13 370Z ST 6M Rep Power: 3428	Yeah, that's the thing that makes it tempting. Assuming I can get the deal I'm thinking, a 5 year loan will only be $25/month more. That said, insurance will be $25/mo more and average mpg will go from ~26 to ~19 which will mean 9ish more gallons per month making it another $25/mo for a total increase of about $75/month. If the cost of gas goes up it could take it to $100+/month though and then there's having to do summer and winter tires with bigger and wider wheels. After all this calculation, I think I have talked myself into waiting another year, or two, or three. Then, I'll be able to consider a '15+ Nismo, as I love the body kit, or a Z35 if it becomes a thing. I still want to test drive a 7AT though. Rusty likes this. __________________ Zack FI catback, HFC, and Start Button - Z1 Intake - Nismo S-Tune Spoiler - PasswordJDM V2 Shift Knob

07-31-2017, 01:16 AM	#5 (permalink)
Ventruck Track Member Join Date: Jun 2016 Location: California Posts: 785 Drives: '13 Sport+Touring M6 Rep Power: 22898	As an investment, horrible imo. If you're still financing the GTI, I'd just say hell no. Live with the mistake for abandoning us ...then buy a Z35 when the time comes. bthomas87 likes this.

07-31-2017, 04:05 PM	#6 (permalink)
Tick64 Enthusiast Member Join Date: Jul 2011 Location: Vancouver Island,Canada Posts: 341 Drives: '11 370z Nismo MB Rep Power: 2478	I agree with the last 3 posts. A couple years wait will fly by. You don't want to run short on cash with unexpected bills (tickets?). I imagine prices on used Z's with only go down in time. Last edited by Tick64; 07-31-2017 at 04:23 PM.

07-31-2017, 05:22 PM	#7 (permalink)
kittens Enthusiast Member Join Date: May 2013 Location: Central NJ Posts: 412 Drives: 2009 Nissan 370Z Rep Power: 12	Is the Z35 even going to happen? you might be waiting forever I would try at least to be above water before making a move though

07-31-2017, 05:42 PM	#8 (permalink)
jamtinge Base Member Join Date: Mar 2010 Location: Toronto, Canada Posts: 103 Drives: 2017 PW 370z MT Rep Power: 16	If you have to calculate those small numbers to see if you can afford one, please don't.

08-01-2017, 10:08 AM	#11 (permalink)
cv129 A True Z Fanatic Join Date: Jul 2011 Location: Dallas, TX Posts: 3,223 Drives: 09 Nismo, 16 Nismo Rep Power: 163995	The dual clutch box will make the 7at feel ancient. __________________ Setrab \| RE-71 \| SPL \| JRZ \| Nismo \| ARK \| Whiteline \| RacingBrake \| CJM Oil Pan \| Ti shield

08-01-2017, 03:59 PM	#13 (permalink)
Leingod A True Z Fanatic Join Date: Mar 2015 Location: Some Place Cold Posts: 16,060 Drives: In Circles Rep Power: 2684396	You're only 40. That's not even mid life crisis territory yet. Chill out and pay off the other damn cars first. It's a freaking 370z. Not a damn 911RS3 or some actual exotic. You'll survive with a VW and Mazda. Or do what my dads girlfriend did. Start off in a brand new Jeep patriot. Realize it's a POS and roll over payments into a Jeep Renegade. Realize it's to expensive and roll over those payments in a Kia Sorento. Realize the Kia is a bigger POS and roll all that over into a Kia Forte. her payments are now $398 a month for the next 8 years. Just food for thought. danegrey and Memphis370Z like this. __________________ I AM FLOOF! SOMEBODY FLOOF MY HORN!! ALL HAIL THE FLOOF!!I JUST FLOOFED ON THE FLOOR

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