Almost looks like the plan so far.LOL!
My thing is too though where some of you might not look at it this way.......But i hate car payments,can't stand them.I could not wait til i paid my GT off,and i could not wait til i had the F-150 paid off.It drove me nuts.
I don't know how some of you can go from one car with payment to another with payments?I'm not pocking,i just can't do it.LOL

 

^^ agreed

 

^^^ same ^^^

 

Many reasons to say NO, I bought my 82 in 1991 Ive had it for a long time, spent too much money on it just to get peanuts for it , and it would cost me a small fortune to buy and mod another toy the way i like it.

 

I tend to agree but remember some have deep/deeper pockets and a) a payment means nothing b) paid off toute sweet

 

^^^ Well said. ^^^

 

^^^^x2 for sure. I have never modded a Pony for just that reason. I should clarify that I do mod them but minor cosmetic changes do not count lol

 

For some yeah,that's awesome.For the average guy,which is most,it's payments with interest.I see some guys on one board trade in all the time to have the next best stang,and i don't get it.Just to say they had it,but yet live on credit,which means it's really not theirs.Like i said,i look at it differently.Everytime i think i might want another "new" toy off the dealer floor,i just pinch myself,and then think about the payments,plus new car insurance on top.Monthly that would be more then my mortagage.
Unless one has a good down payment,they are looking at 600 bucks plus a month on a car payment,then depending on age,and place of living,we'll say Ontario,the insurance will be between 400 to 500 bucks on top a month.I know that from expirience.
With 15,000 down on my GT in 2003,it still cost 460 bucks a month,then to insure it with a clean record,and just turned in my 30's,it was around 400 bucks on top a month.
So that is why i say no thanks,and why i don't understand how people can do this over,and over,and over,then add everything else on top....Why has the economy crashed again!!!LOL!!
Don't get me wrong,just wanted to explain how i see it.

 

^^^I tend to agree with you as I get older (except for the 2 I am working on bwah). I know an engineer (not choo choo) who has had 3 GT500's 1 SRT-8 and older 60's Camaro a new Camaro and I might have missed 1 or 2 but he has deep pockets so for him it's no sweat. On the other hand I know a few that pay 800+ per month plus insurance +++ which is nuts nuts nuts. Like you if I can't put 1/3 down I will not buy it. This is not to brag but with no habits ie drinking eating out cheap vacations etc etc I hope to never take more than 2 years to pay off a vehicle. The new Ram I hope to have paid off this Dec (13 months, the GT500 is paid off etc. The fastest we have paid off a car is 5 months to the day on the 05gt which made me smile.

For guys that have kids a mortgage etc I really can understand hanging on to their cars a tad longer.

For guys with children what would each child cost a month (ballpark) to raise?

 

kids cost is hard to judge

i spoil my rotten, she had a car before she was 3, had a dirt bike at 1.5 got a 4 wheeler this year and REALLY does not go without. she is only 4 now and truly she is not expensive outside of the toys i want her to have, mind you she has more shoes and clothes than most women 30 years her elder (no im not kidding and im sure its a safe bet to say MOST) she wont start to get expensive till she is older and develops a material liking....but i really cant put a number on it. but really a couple hundered bucks a month maybe without the "extras"
i too dont drink, smoke, or any of that sorta thing. i dont really travel(outside ofthe family cottage thats 4 hours away) all my extra goes into my hobbies. and all my hobbies require fuel of some kind and tires lol