Upgrade?

puckshaw

Ok I'll be that guy. Put off the new car purchase until you pay off your debt and car notes. Then set aside some cash for a rainy day fund. Once you've got that taken care of, go nuts. It's not the fun thing to do, but it's the right thing to do. You're in a great position to get your finances in order. You may not get this chance again for a long time especially if you start playing with super cars. I put off my turbo build for years while I put all my bonuses and overtime earnings towards paying everything I could off. Now any extra cash I have can go towards my hobby without any guilt or risk. It's a good feeling. Sure cars are never a smart investment, but if you've taken care of everything else then at least you're still in good shape financially.

That being said, my vote is for the C7. 700 hp is easily achievable without breaking the bank. There's a shop already making over 1000 whp on the stock block (of course they don't expect it to last long). Good luck my friend and congrats on the promotion

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Chuck33079

The best plan would be to defer the car stuff for a year and bank every dime. Then revisit next year and walk into the deal with a huge wad of cash. Plus you can plan your build down to the nuts and bolts while you wait so all you have to do when it's time to pull the trigger is start writing checks.

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2011 MB Touring-Sport-6sp-Nav/GTM TT/FI TT TDX/JTran/Kosmic/Eibach/Hotchkis/SPC/CSF/RPS/SoThatsWhereAllMyMoneyWent

Dzel

That was the original plan, but I want to get your opinions before I make that decision. If that's the route I take I'll trade in the both cars so we can get the wife something she'll enjoy. We are not changing our life style so stacking cash will be easy.

But I just don't want to look back and say. "Man if I would of kept that car..." know what I'm saying

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Dzel

Thanks puck and we have we were almost 40k in debt not including house and cars. Student loans are a bitch! But the last I would say 6 years have been pretty tough with budgeting and paying everything off.

I won't even tell you how much money and time it took to fix my credit... SMH young and dumb I tell you

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puckshaw

Nice job paying the debt down I still say keep at it a bit longer before making a big purchase. With the new income you've got coming in, it shouldn't take long to get on top of everything.

I was thinking of upgrading for a while too. As you know, I decided to keep the car and go the turbo route. So far I'm really happy I did. It saved me a ton of cash and I've got more than enough power. If you really feel like you need 700 hp (whp?), I'd look to other cars. It just seems like too much trouble to hit those numbers with the Z. Plus traction is so limited at 500 whp, I can't imagine trying to use 200 more.

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Chuck33079

THIS. After ~450-500whp, it's all the same. Massive wheelspin. Unless we get some suspension parts to help us put power down, it's all a moot point.

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2011 MB Touring-Sport-6sp-Nav/GTM TT/FI TT TDX/JTran/Kosmic/Eibach/Hotchkis/SPC/CSF/RPS/SoThatsWhereAllMyMoneyWent