Should I get a GT-R?

Magic Bus · 04-18-2014, 07:12 PM

Houkouonchi, sounds like you're a pretty sharp guy and think of things before you react, so I'll just give you some food for thought.

Regarding paying off your mortgage early, there are valid reasons for doing this, especially if your interest rates are on the high side. If not, consider investing the difference in a moderate portfolio (maybe an equal mix of bond/stocks, mutual funds are ok). But once again, you must invest the difference, not spend it.

The question we need to ask ourselves is who's better off? Someone who has paid off his mortgage but has no cash or someone who has a $100,000 mortgage but $150,000 in cash? I know what my answer is.

Once again, good luck to you.

Malm · 04-18-2014, 07:42 PM

man, I am just trying to save for 2k wheels..

life is good man, do what your gut says.

onzedge · 04-18-2014, 08:47 PM

You thought you had fun driving your Z like an azz, as witnessed in your infamous videos depicting you speeding through downtown LA in traffic (with complete disregard for others' safety)? You can be the king in the GT-R.

ssmoked · 04-18-2014, 10:56 PM

Quote:

Originally Posted by houkouonchi

I actually work in an extremely desirable field. I am a senior-level Linux Systems Administrator and also do programming (devops). I have actually had recruiters from facebok go find my work email address after I didn't respond to them on linkedin. I honestly don't think I would ever really have trouble finding another job if I needed to. I really like where I work now because I get 25 days a year of vacation as well as 10 sick-days so 35 days a year of paid time off (280 hours per year). Also I telecommute half of the time so I usually don't even have to go into the office.

Thanks for all the input guys. I think what I really wanted to know is if the GTR is really worth it for people who have both a 370Z and a GTR or who have driven both. Even with a huge chunk of money I did not want to use that to actually buy a GT-R and instead wanted to get a loan and it to be at the level where I could pay it without eating into my savings just with my base salary which probably will be the case.

I guess I will just have to find an opportunity to actually go drive one and see how I like it. I think I am probably leaning a bit more towards just paying off the Z and helping my current cash-flow so I can save more and pay off the house quicker though.

In that case, especially with a stable field, go for it and get the GTR and have fun! You only live once! What's the point of having disposable income and not use it to bring joy? Do it before the wife and kids, it would be a few decades until another opportunity arise!! At the end of the day, it's only a number in the bank. Can't take it with you when a person dies, example steve jobs

FairladyZ10PG · 04-19-2014, 12:04 AM

Enjoy life to the fullest! If that means purchasing gozirra, go for it! Yolo~

But only do it responsibly.

houkouonchi · 04-19-2014, 02:21 AM

Thanks for all the posts guys (minus harassment that seems to come in every other thread I start).

Anyone know how dealers are about giving test drives for GT-R's? I remember I asked one a while back ago and they made some comment about not giving test-drives because people won't buy them if they have miles on them at all.

Is this the norm?

tjlazer · 04-19-2014, 02:28 AM

You will have to test drive a used gtr. Doubt you'll find a nissan dealer that let's you on a brand new one...

Elan · 04-19-2014, 08:05 AM

Quote:

Originally Posted by Codename067

GTRRRRRRRRRRRRRRRRRRRRRRRRRR!! My next car, I am 90% sure! The other 10% is an E92 M3. Haha.

Besides the exhaust...those ups gave your Z an edge over GTRs stock handling???

Serious question! I'm curious to know!

Drive the E92 M3 and then the GTR! M3 will feel like a civic! My buddy just got one and we all got out of it thinking why the eff would someone spend so much money on this car? It doesn't feel fast at all. Now maybe an M5...

SterlingDrive · 04-19-2014, 08:09 AM

Quote:

Originally Posted by Magic Bus

While it appears you have a nice little sum cash and decent income, I wouldn't do it. All you're doing by getting the GTR and keeping the Z is dramatically increasing your expenses in depreciating assets.

At age 28 I would invest the money in a diversified portfolio and build it up. When these investments build up more then use the dividends or income to pay the GTR bill. Leave or re-invest all the capital gains from these investments so your total portfolio balance increases. Be a little more patient, it's not like you have a crappy car now.

As for paying off your mortgage, it depends on what your interest rate is. Example, if your mortgage is 3%, and your investments average an annual rate of return of 8%, why use the investment money to pay off the mortgage? But you have to invest the additional money.

Let your money work for you instead of you working for your money. Short term sacrifice results in long term pleasure while short term pleasure results in long term suffering.

Sorry to be a party pooper but you seem to be in a great position to set yourself up for a nice financial future and get the GTR much easier several years down the road.

Good luck to you on whatever you decide.

Well said, thoughtful mature comment...

Sterling

Solomatrix · 04-19-2014, 12:51 PM

It's a bad financial move on your part at age 28 because you should use that money to invest but if it makes you happy then go for it

Waiz · 04-19-2014, 05:57 PM

If you're serious about the GT-R I would suggest contacting MC since he will be able to give you a real owners perspective. He has owned at least 2 R35's

Nissan 370Z Forum - View Profile: MC

Also checkout this thread from Nitrouz

My Review: Nissan 370Z vs. Nissan GTR

nogoodname · 04-20-2014, 02:20 AM

Just assuming over here but since the GTR is pretty much a street/track car. You shouldn't have fuel starvation problems like you do every other day in the Z. So for that reason alone. It's worth getting it.

houkouonchi · 04-20-2014, 04:10 AM

Quote:

Originally Posted by nogoodname

Just assuming over here but since the GTR is pretty much a street/track car. You shouldn't have fuel starvation problems like you do every other day in the Z. So for that reason alone. It's worth getting it.

Heh, yeah I have to admit its pretty annoying. I don't even have that great of tires (hanook V12) yet I still have several times gotten fuel starvation with half a tank of gas in the car =( Granted it always recovers after usually only a few seconds at least when it is at a half tank. I have been stranded to the point of not being able to start the car like 3 times because of the fuel starvation =(

Kind of learned my lesson though I usually take it pretty easy if I am at a quarter tank or less.

houkouonchi · 04-30-2014, 12:37 PM

Thanks for all the input guys. I am going to go test-drive a GT-R later this week. The company I work for was just acquired by another company and the payout I was expecting is actually about twice of what I originally thought now that I have more details although still no clue on what kind of bump I am expecting for retention at the company. Needless to say affording a GT-R would be easy at this point. I still think I am going to go the used route and look for a 2012 or 2013. I may end up waiting until the 2015 model comes out. We shall see.

This is of course all assuming I go test-drive one and like it

Haboob · 04-30-2014, 12:42 PM

The 2015 is sick. They're already out, btw. Headlamp and tail lamp differences are pretty sweet. Unsure about what's different under the hood though.

Couldn't look inside either on the one that was in the shop.

04-18-2014, 07:42 PM	#77 (permalink)
Malm Track Member Join Date: Jan 2014 Location: Palm Bay, Florida Posts: 706 Drives: 11 Nissan 370z bs a7 Rep Power: 12	man, I am just trying to save for 2k wheels.. life is good man, do what your gut says. SterlingDrive likes this.

04-18-2014, 08:47 PM	#78 (permalink)
onzedge A True Z Fanatic Join Date: Apr 2010 Location: Battle Lake MN Age: 64 Posts: 183,964 Drives: 370Z 240Z Rep Power: 2684736	You thought you had fun driving your Z like an azz, as witnessed in your infamous videos depicting you speeding through downtown LA in traffic (with complete disregard for others' safety)? You can be the king in the GT-R. Chuck33079 likes this. __________________ 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

04-19-2014, 12:04 AM	#80 (permalink)
FairladyZ10PG A True Z Fanatic Join Date: Aug 2010 Location: SoCal-IE Posts: 1,890 Drives: PGraphite m6 Rep Power: 255	Enjoy life to the fullest! If that means purchasing gozirra, go for it! Yolo~ But only do it responsibly. __________________ ///MPPSK///M Performance FRONT SPLITTER///M Performance KIDNEY GRILLS///MPerformance CF MIRRORS///MPerformance CF SPOILER///AC SCHNITZER

04-19-2014, 02:28 AM	#82 (permalink)
tjlazer A True Z Fanatic Join Date: Dec 2009 Location: Tacoma Age: 53 Posts: 2,496 Drives: Z34, R35 Rep Power: 19	You will have to test drive a used gtr. Doubt you'll find a nissan dealer that let's you on a brand new one... __________________ 2009 370Z Monterey Blue,Nismo Conversion,RE-11's, K&N Typhoon intakes,Blue Kickplates,Homelink,FI 18" CBE,ERZ HFCs,Hotchkis sways, Swift Spec-R, EVO-R Highwing, UPREV

04-19-2014, 05:57 PM	#86 (permalink)
Waiz A True Z Fanatic Join Date: Apr 2010 Location: SoCal Posts: 9,262 Drives: Z33 & GE8 Rep Power: 459	If you're serious about the GT-R I would suggest contacting MC since he will be able to give you a real owners perspective. He has owned at least 2 R35's Nissan 370Z Forum - View Profile: MC Also checkout this thread from Nitrouz My Review: Nissan 370Z vs. Nissan GTR Last edited by Trips; 04-20-2014 at 02:41 AM.

04-18-2014, 07:12 PM	#76 (permalink)
Magic Bus A True Z Fanatic Join Date: May 2012 Location: Honolulu Posts: 1,427 Drives: 17 6MT M2 Rep Power: 18754	Houkouonchi, sounds like you're a pretty sharp guy and think of things before you react, so I'll just give you some food for thought. Regarding paying off your mortgage early, there are valid reasons for doing this, especially if your interest rates are on the high side. If not, consider investing the difference in a moderate portfolio (maybe an equal mix of bond/stocks, mutual funds are ok). But once again, you must invest the difference, not spend it. The question we need to ask ourselves is who's better off? Someone who has paid off his mortgage but has no cash or someone who has a $100,000 mortgage but $150,000 in cash? I know what my answer is. Once again, good luck to you.

04-19-2014, 02:21 AM	#81 (permalink)
houkouonchi Enthusiast Member Join Date: Jun 2010 Location: Ontario, California Posts: 440 Drives: '14 GT-R '10 M6 370z Rep Power: 15	Thanks for all the posts guys (minus harassment that seems to come in every other thread I start). Anyone know how dealers are about giving test drives for GT-R's? I remember I asked one a while back ago and they made some comment about not giving test-drives because people won't buy them if they have miles on them at all. Is this the norm?

04-19-2014, 12:51 PM	#85 (permalink)
Solomatrix A True Z Fanatic Join Date: Mar 2014 Location: crispy bacon Posts: 3,236 Drives: sizzling bacon Rep Power: 858	It's a bad financial move on your part at age 28 because you should use that money to invest but if it makes you happy then go for it

04-20-2014, 02:20 AM	#87 (permalink)
nogoodname Lifetime Premium Join Date: Nov 2008 Location: Montreal Posts: 22,357 Drives: E46 M3 Rep Power: 1765	Just assuming over here but since the GTR is pretty much a street/track car. You shouldn't have fuel starvation problems like you do every other day in the Z. So for that reason alone. It's worth getting it.

04-30-2014, 12:37 PM	#89 (permalink)
houkouonchi Enthusiast Member Join Date: Jun 2010 Location: Ontario, California Posts: 440 Drives: '14 GT-R '10 M6 370z Rep Power: 15	Thanks for all the input guys. I am going to go test-drive a GT-R later this week. The company I work for was just acquired by another company and the payout I was expecting is actually about twice of what I originally thought now that I have more details although still no clue on what kind of bump I am expecting for retention at the company. Needless to say affording a GT-R would be easy at this point. I still think I am going to go the used route and look for a 2012 or 2013. I may end up waiting until the 2015 model comes out. We shall see. This is of course all assuming I go test-drive one and like it

04-30-2014, 12:42 PM	#90 (permalink)
Haboob A True Z Fanatic Join Date: Aug 2012 Location: Surface of the sun. Posts: 13,159 Drives: '18 GTI Autobahn DSG Rep Power: 1387	The 2015 is sick. They're already out, btw. Headlamp and tail lamp differences are pretty sweet. Unsure about what's different under the hood though. Couldn't look inside either on the one that was in the shop.