COuld i financially own a nissan 370z

IWuv370z

Hello Forum,

Please to meet everyone here and hopefully i will too join the club of the 370z owner. I am stoked and CANT WAIT!

Anyways here is my situation.

I make around 2500$ a month, I am 20 years old, I live with both parents, and my parents lets just say are rich bastards haha. So me living with them and really I dont have any real expenses of my own, I will save a good 1500$ - 2000$ in the bank for the next 12-15 months. I will have approx 18k - 20k saved up. I work 18$/hr actually..


So basically I will not spend money on anything really but just want to save up for my dream car, my parents are set, Im currently not going to school because my job offers me plenty of hope for the future.

Anyways that aside, If I put a down payement of 10k or 18k on the 370z, is this a stupid idea? I want to drop the montly payement as low as possible

what about insurance and stuff? I was hoping to buy it under my dads name.

Matt

While it sounds like you're in good enough shape to get a Z, it also sounds like you're a bit immature, financially speaking. Nothing a little reading on the Internet can't fix though!

Putting money down on a car is usually never a bad thing. Not putting any money down is almost always a bad thing, in contrast.

You have to be comfortable with the payment, as long as you plan to finance it. If you're parents are nice and trusting, they may be able to provide the financing for you through their financial institute, as I'm guessing from your questions you may not have a lot of established credit.

Insurance will be high, seeing as you're a young, unmarried male (Guessing you're a male). Most insurance companies have limits on how old a child can be on your insurance policy, so not sure if you can still get on your parents' policy without being in college or something.

It sounds like you're in good shape to start saving some money, and hopefully investing some as well for the future. A new car would be great, but having the payments and other financial responsibility once you do leave your parents' house may prove to be rough.

Good luck on whatever you choose to do!

__________________

"Any man who can drive a 370z while kissing a pretty girl is simply not giving the Z the attention it deserves." Albert Einstein....modified.

IWuv370z

Ahh, I believe in living life to the fullest brother. I know I may seem immature but not many people my age work 18$/hr, really you should see the people dieying to get a job around here. My company wants to promote me very soon also, so I know I will make over 35 thousand a year next year.. I was thinking that if I get a 350z I could easily pay for a used one and pay the full amount of money, but 370z has been a dream of mine for some time. Why drive something your not happy with? Anyways, I wont be going to college right now, I will be running my father's business which i what i am studying for on the side.

Anyways, I believe my dad will get the car under his name, line of credit and such will be ALL under him. He knows I can pay the money every month, and if I do put down 18k he will have confidence in me.

I am just wondering what you think the monthly income will come up to? Is there somewhere I can check for this?

Matt

Don't misunderstand me now, I said financially immature. I didn't mean to say you were immature in general. Sounds like you're doing better than 90% of the 20 year olds out there.

That's probably a better idea for you. You get a nice car that's paid off AND you're happy with.

Are you referring to what you're monthly bills could be? Or what a car payment would be?

__________________

"Any man who can drive a 370z while kissing a pretty girl is simply not giving the Z the attention it deserves." Albert Einstein....modified.

IWuv370z

haha oh no brother, I completely understood, sorry for not wording it right

Uhm. Yes I was talking about the monthly bills would be? Also maybe I will look into the 350. I know i can buy one for 20k$ here easily, used one in awsome condition.

nogoodname

I would get a used G or Z if i were you. They're cool and the price isn't bad.

IWuv370z

Not much used 370z's around here, but I 350z's are very easy to find.

nogoodname

yea, 350z or g35. Those are fun cars too.

IWuv370z

I was offered a ferrari f430 scudo lol, I honestly went to test drive and everything and I was like omg this cant be 25k... I was told weeks later it was a kit car.

I really want a affordable sports car like 370z

nogoodname

a Kit car is a piece of junk...lol


A 350z/g35 have sooooo many mod options. You could buy it all cash with the money you got and then mod it as you like with time. At 20 yrs old, not fun to have a loan...

IWuv370z

Basically junk put together haha, alot of people get away with it, makes me angry and confused sometimes.

Anyways, yeah man, I really like the shape of the 350z and 370z. WHo knows though, maybe by next year the price will come down? Im looking through the 350z's right now, in your opinion what is the best color?

IWuv370z

If i do get a 350z, I want it to look EXACTLY like this Desktop Wallpapers · Wallpapers Motors · Cars · NISSAN 350Z | 1024x768 1600x1200

nogoodname

350z: blue, dark blue, grey and ivory pearl.

G35: Athens Blue, Diamond graphite and Ivory pearl.



Black looks amazing but a PITA to keep clean.

IWuv370z

Damn those stock rims, makes me wanna puke... I know the dark blue looks the nicest.

nogoodname

Athens blue with Work wheels. The best rim IMO for the g35 or 350z...lol




I want that now...lol