LOL - reminds me of a story I just heard about a friend's 350Z he bought. Only had 18,000 miles on it and it seemed like a good deal. Anyhow
|
|
LinkBack | Thread Tools | Display Modes |
07-19-2009, 01:23 AM | #31 (permalink) |
A True Z Fanatic
|
LOL - reminds me of a story I just heard about a friend's 350Z he bought. Only had 18,000 miles on it and it seemed like a good deal. Anyhow its been burning about a liter of oil a month. He's cleaning the car out and decides after two years to clean under the seats - finds a receipt to remove a super charger on the car Anyhow he was planing on building a Stroker now I guess that's a have too....
Point is you start straying from stock for HP you can't use on the street be prepared to spend it all over again....
__________________
'09 370Z - '93 300ZX Vert - '83 280ZX - '83 280ZXT -'81 280ZXT stroker - '72 240Z - Stillen CBE, HFC, G3, Grounding Kit, Sways // Swift Spring // H&R 15mm // 5% Tint // Clear Bra // |
07-19-2009, 01:31 AM | #33 (permalink) |
Base Member
Join Date: Jun 2009
Location: Alta Loma
Posts: 161
Drives: 2009 370z with nav
Rep Power: 16 |
whoa whoa whoa, so you trade stocks yet your asking us if you should get a loan at 10-13% to get mods for your car?
Out of curiosity what are some stocks your invested at right now and or looking at? How much is in your portfolio? Day trade? |
07-19-2009, 06:48 AM | #34 (permalink) |
Base Member
Join Date: Apr 2009
Location: CA
Posts: 72
Drives: EX Z Owner
Rep Power: 16 |
As a Fin Adviser, please DO NOT finance any modifications to your vehicle. If I was a foaming at the mouth old fin adv with a pocket protector, I would be telling you financing a depreciating asset such as a car is a bad investment, but live the dream
The car has some value, even though it will always be in a state of depreciation. Don't do things to this car that will make it deprecate it even quicker, if you don't pay out of pocket. Last thing you want to do is end up paying for a car + modifications long after the car is gone IE Repo/Loan/Etc.. |
07-19-2009, 08:34 AM | #35 (permalink) |
Track Member
Join Date: Jul 2009
Location: tampa
Posts: 799
Drives: 09 370z
Rep Power: 17 |
wtf! don't listen to anyone. Do what makes you happy. spend some, save some. Its not rocket science. Live life to the fullest! Who wants to work all their life saving money to one day be able to pay cash for their car. You'll be too old to get in and out of it by then.
|
07-19-2009, 10:27 AM | #36 (permalink) | |
Track Member
Join Date: May 2009
Location: Ohio
Posts: 699
Drives: 370Z-AT7 Tour+Sport
Rep Power: 375 |
Quote:
I also doubt that the majority of that same age bracket is saving up the money to pay for it because though they may be saving the money up for the modifications they are surely running up their credit cards on other thiongs they would normally use cash to pay for. As for the older segments if they are modding it more than likely is by saving up and doing a little here and a little there though blower and turbo mods are realy not possible that way due to the repeated tuning costs that add up when doing it piecemeal. More than likely they are using their credit power to make the mods and then robbing Peter to pay Paul for 3 or 4 years to pay it off. And by that time they have spent enough on interest to have done the mods twice over. I doubt if loans are being taken unless it is done against their retirement 401K investments. No bank is going to loan money on an asset that is viewed by them as a liability rather than an asset. Particularly after the wall-stree and bank debacle era we just experienced last year. So I would say 99% of those doing the high-cost mods are borrowing out their azz in some fashion and ther other 1% can actually afford it without a problem. And anyone who claims they can easily make such mods are just plain lying out the ying-yang. Last edited by ZKindaGuy; 07-19-2009 at 10:29 AM. |
|
07-19-2009, 10:43 AM | #37 (permalink) |
Track Member
Join Date: May 2009
Location: s. cali, los angeles
Posts: 627
Drives: 09 370z plat 6 speed
Rep Power: 266 |
You ever see those used car ads like: 1994 Mazda RX7 or 1996 Supra TT with over $50,000 worth of mods, got all receipts and service records, even dyno sheets. Spent over $90,000 including price of car, will take $35,000 OBO need money soon, just got married, bought first home, child on the way, etc.?
But you see these same cars in the ads month after month after month while the asking price drops in increments. Can you say PYRRHIC VICTORY? |
07-19-2009, 11:30 AM | #38 (permalink) | |
Track Member
Join Date: Jan 2009
Location: Middle TN/Savannah GA
Posts: 762
Drives: '14 Q60IPL/'14Armada
Rep Power: 18 |
Quote:
I'd be willing to be that a few years down the road, not 1 in 1,000 actually aren't looking to (or wishing they could) sell their car no matter what they said at first. Life (or sometimes just boredom with the car) has a way of happening in spite of your best plans...how many people have an '03 or '04 350 that they've spent tons of money on who now see the GT-R that can hand them their hat (for less money than they've spent on their 350) or the 370 that can in many cases do nearly the same for half the money they've spent not to mention that their car now looks very "dated" even with their modifications. Again; not trying to put anyone down here...I appreciate what folks do to their vehicles to make they unique...but a dose of reality should always be part of the equation too.
__________________
Robert -My Basset Hound Is Smarter Than Your Honor Student and Barack Obama - Last edited by Robert_Nash; 07-19-2009 at 11:32 AM. |
|
07-19-2009, 11:35 AM | #39 (permalink) | |
Track Member
Join Date: Jan 2009
Location: Middle TN/Savannah GA
Posts: 762
Drives: '14 Q60IPL/'14Armada
Rep Power: 18 |
Quote:
__________________
Robert -My Basset Hound Is Smarter Than Your Honor Student and Barack Obama - |
|
07-19-2009, 01:24 PM | #41 (permalink) | |
Base Member
Join Date: Apr 2009
Location: Miracle Mile, CA
Posts: 27
Drives: My Wife Crazy
Rep Power: 16 |
Quote:
|
|
07-19-2009, 01:42 PM | #42 (permalink) | |||
Base Member
Join Date: Jun 2009
Location: San marcos tx
Posts: 41
Drives: 370z
Rep Power: 16 |
Quote:
ok these r the stocks i bought and sold and the times that i bought and sold from the 18th to the 19th LNC - buy - 12:33 pm 6143 shares @ 15.95 = 97,980.85 jun 18th LNC - sell - 1:42 pm 6143 shares @ 15.99 = 98,226.57 jun 18th WFC - buy - 10:18 am 1682 shares @ 23.66 = 39,819.78 jun 18th WFC - buy - 10:23 am 2451 shares @ 23.62 = 57,892.62 jun 18th WFC - sell - 11:23 am 4134 shares @ 23.74 = 98,141.16 jun 18th CCL - buy - 11:28 am 3920 shares @ 25.08 = 98,313.60 jun 18th CCL - sell - 12:33 pm 3920 shares @ 25.09 = 98,353.80 jun 18th MSFT - buy - 9:40 am 2475 shares @ 23.51 = 58,187.25 jun 18th MSFT - sell - 10:23 am 2475 shares @ 23.47 = 58,088.25 jun 18th MSFT - buy - 10:11 am 4232 shares @ 24.17 = 102,287.44 jun 19th MSFT - sell - 11:23 am 4196 shares @ 24.23 = 101,669.08 jun 19th MSFT - sell - 11:43 am 36 shares @ 24.17 = 870.12 jun 19th SIRI - buy - 9:40 am 101881 shares @ .41 = 41,771.21 jun 18th SIRI - sell - 10:10 am 101881 shares @ .39 = 39,733.59 jun 18th CI - buy - 3:23 pm 4167 shares @ 23.65 = 98,549.55 jun 18th CI - sell - 9:58 am 4167 shares @ 24.92 = 103,841.64 jun 19th KMX - buy - 11:28 am 6847 shares @ 14.96 = 102,431.12 jun 19th KMX - sell - 11:43 am 6847 shares @ 14.89 = 101,951.83 Quote:
also im paying out of state tuition at tx state, insurance, food, credit cards, and well everything else. oh and car was paid for in cash so theres no monthly payments on that EDIT: Quote:
Last edited by hellogoodbye; 07-19-2009 at 01:48 PM. |
|||
07-19-2009, 04:27 PM | #43 (permalink) |
Enthusiast Member
Join Date: Jun 2009
Location: Virginia Beach
Posts: 304
Drives: 07 V8 4Runner 4x4
Rep Power: 16 |
How long until you grad? Do you have solid job prospects when you do? Id wait until you graduate, then once your stable think about going all out. I could pay cash for the mods but that would clear out my savings so I think Ill wait until I go to Iraq next year and use that money. And think by then what advancements the mod scene would have for this car!
|
07-19-2009, 04:32 PM | #44 (permalink) | |
Base Member
Join Date: Jun 2009
Location: San marcos tx
Posts: 41
Drives: 370z
Rep Power: 16 |
Quote:
ps. gl in irag i got a few friends there atm and 1 in germany |
|
07-19-2009, 05:30 PM | #45 (permalink) | |
Base Member
Join Date: Jun 2009
Location: Alta Loma
Posts: 161
Drives: 2009 370z with nav
Rep Power: 16 |
Quote:
I call BS on your $5-29k a month. how about a screenshot of your portfolio? |
|
Bookmarks |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
hello z people! | cherubim | New Forum Member | 12 | 06-11-2009 04:09 PM |
Europe? Can't afford the Z | Peter | Nissan 370Z Pricing / Ordering Discussions | 13 | 01-29-2009 01:40 AM |
Hi Z people | mrsleepy1225 | New Forum Member | 5 | 01-20-2009 01:28 AM |
What do you guys do that will enable you to afford your new Z??? | cstr_Cali | The Lounge (Off Topic) | 6 | 11-18-2008 01:03 AM |
Unhappy people watch TV, happy people read/socialize, says study | AK370Z | The Lounge (Off Topic) | 4 | 11-16-2008 06:56 AM |