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I really feel for ya kid. I remember being 16 and my parents promising all kinds of nonsense just to get me to shutup and stop thinking about getting a

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Old 07-11-2012, 06:33 PM   #1 (permalink)
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I really feel for ya kid. I remember being 16 and my parents promising all kinds of nonsense just to get me to shutup and stop thinking about getting a sports car.

Do some research on auto trader for how much an 09 is going for. Then slow down and calculate how much tax title & license is going to cost you because even on 25k it's going to add about 2.3k to that amount. Calculate your interest rate and finally consider how much your insurance is going to go up for a 2 door coupe. The price of the car is never really the issue, it's all the extra baggage that comes along with it that causes problems. Also you're 16, you don't have credit yet. At best your parents are going to have to cosign for you.
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Old 07-11-2012, 06:46 PM   #2 (permalink)
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Quote:
Originally Posted by dP3NGU1N View Post
I really feel for ya kid. I remember being 16 and my parents promising all kinds of nonsense just to get me to shutup and stop thinking about getting a sports car.

Do some research on auto trader for how much an 09 is going for. Then slow down and calculate how much tax title & license is going to cost you because even on 25k it's going to add about 2.3k to that amount. Calculate your interest rate and finally consider how much your insurance is going to go up for a 2 door coupe. The price of the car is never really the issue, it's all the extra baggage that comes along with it that causes problems. Also you're 16, you don't have credit yet. At best your parents are going to have to cosign for you.
My parents pay for my insurance. Also my parents would have it all under their name. Kinda hoping that I can find a job soon so that I can start saving early and save an extra grand or so.
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