car choice

sojirovskensi

After your financial status have become stable (bought house, no student loan, 1 kid) and making $150-200k a year, what would you do? Assuming that your wife loves car too.

15 years plan

1. Buy ONE of your dream cars (under $120k, in my case GT3), keep it 15 years and get a DD every 8 years (z/sti/evo.. under $35k)

2. Buy a new M3/Cayman R (~$75k) for DD and trade in every 5-6 years.

frost

2

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370z OG

djpathfinder

1

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2012 GT-R Black Edition Jet Black
2010 370Z 40th Anniversary // SOLD

Lemers

I'm sorry but I don't think someone making $150-200k can truly afford the GT3 with insurance and maintenance even if it's not a daily driver. Those kind of cars are for people who own their home out right.

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2010 Black Cherry Touring/Sport/Nav Now - 2012 Travese LTZ until I leave for Turkey

kenchan

and buy such cars cash...

FL 4Motion

I suppose #1 with the changes higlighted above. Would go with lightly used GTR to save 20K or so as well.

djpathfinder

You think someone would buy a GT-R and "lightly" use it? Never gun it?

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2012 GT-R Black Edition Jet Black
2010 370Z 40th Anniversary // SOLD

frost

I wouldn't even make it out of the parking lot without beating the piss out of a gtr.

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370z OG

FL 4Motion

black box knows all, just have the tech download all the data, will tell you every time it was launched, if VDC was ever turned off etc. I could care less if it was tracked as long as the maintenance was on point, VDC was never turned off and it's in great shape.

Also, i'd get an extended warrantee to take me out to 100K miles in essence giving me a new car warrantee since I'll be keeping it stock.

onzedge

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Koni|Swift|Michelin|Motordyne|Berk|RJM Performance|Gates|SPL|Motul|Technafit|Ate Super Blue|Hawk
Tommy Kaira|Momo|Optima|Hella|Hotchkis|Red Line|ZSpeed|Stillen|B&M|H&R

sojirovskensi

my wife makes another 6 digits on top of mine...

dennis26

choice #2

bvl

I had a similar decision this year. DINKWADs that have worked hard for years. I keep cars a long time, so my DD is 2002 WRX and I had a very nicely modified classic miata.

My dream car is an NSX: I just like it. Not the fastest, not the best value, just something *I* really admire from an engineering and classic perspective.

However I couldn't justify spending more money on a used car vs. the 2010 ZR we picked up slightly used (also looked at Boxster's, Caymens).

Unless I owned my house outright, I personally cannot justify over 50K towards a car...its a bloody car, and its not a wise financial move.

100K ain't what it used to be thanks to our lovely tax system...but 50K out of pocket for a piece of metal with 4 tires is a lot of scratch.

So IMHO, I like option 3 which is to get a used fun car, share it with the wifey, and you each have a fun/practical DD for 10 years at a clip as cars
do last quite some time. So you are replacing a DD every 5 years lets say, and you put 5K/year away for that DD...25-30K should get you a very nice CPO car.

All the while, the 70K you didn't blow on that exotic pays down your mortgage, which is a real ROI you can count on (vs. the pathetic interest rates of today).

- b

Lemers

Dude it's your money get what ever you want. But the point I was making was about priorities. It doesn't matter how much you are making there's always a more expinsive house and car to keep you in debt.

With as much money that you are saying you and your wife make you are most likely going to be living in a half million to one million dollar home and paying high payments. You also need to think about all sorts of insurances (medical and life being the big ones).

Lifestyles eat money up fast and I wouldn't suggest a $100k "toy" car until the house is paid off.

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2010 Black Cherry Touring/Sport/Nav Now - 2012 Travese LTZ until I leave for Turkey

moto_italia

+1. Sage advice.

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Kevin