Rotaryx2

Please dont flame me, but I love this car I am young I am oly 17 years old, but I make 23 000 $ a year canadian after tax and I have like 10 000 $ to put down payment on the car, do you think this car is a wise choice for my first car I love the 8 I won't be paying insurance and all my paychecks will be going towards the car with upgrades and stuff. Just want some advice.

5Gen_Prelude

No - it's too expensive. With 10 grand down you're still looking at $643 a month for 60 months for a stripper. That's a large chunk of change for $2000 a month income.

RXMAN16

Go for it...it's too much fun

Rotaryx2

I have no other expenses tho, I will not be paying the insurance and I might get my dad to pay half of the monthly fee and let him use it anytime he wants.

northern-8

I would never flame anyone for asking an honest question.

I sorry but you really can't afford this car. Just call your insurance agent and ask what the going rate is for a 17 year old with a $40,000 sportscar. You'll be shocked.

When I was 17 (many years ago) I bought a new 1986 Trans Am. My dad helped me out but my insurance was over $2000 a year back then. I really couldn't afford it and in the end had to sell the car.

Rotaryx2

As I said before I wont be paying for the insurance...

Inconsequential

My suggestion as a 27 yr old, only making 28k a year, I can manage it, and I have rent, nisurance, bills, and everything else associated with it. As long as you do some research to make sure you can afford all that you want for it, then go for it, you only live once (unles you believe in reincarnation) and you have to enjoy it, if you pass it up, and regret it later, you may not get another chance to have the car you truly wanted.

HiTMaNN

umm your 17 and u make 23k yah right!

Inconsequential

why is that hard to believe, my buddy used to make 22k a year working 3 days a week at a plywood plant.
Just because he is young doesnt mean he cant make money, its just a matter of managing his time and school.
Come on, look at how many people out there younger than us make tons of money doing things that we dont know how to, and how many 15 year olds make websites and sell them and make 5 times as much as us in a month, its sick, but its reality.

LiQuiDLaM

word, i have a friend, 18-9, who's kinda like dat so I know exactly what you mean..... i get hookups from him all the time and it's pretty sweet! free domains, free 300MB hosting and pretty much unlimited bandwidth! the guy's pretty hard working...and that's all there is to it!!

EDIT: buy the car dude! :D if you can afford it..

Rotaryx2

I work for my uncles furniture shop, anyways my friend is 19 and he makes 35 k a year at his gas station, its not hard to make money in life you just need hookups. Anyways im going to wait a year to see what cars mazda puts out with the rumors of the rx-7 and a faster engine for the rx-8 I will wait but for sure buy a mazda.

P.S. My uncle just bought a bmw x3 or what ever its called and a sl 55 hes to rich ....

HiTMaNN

35k a year im not saying it cant be done im saying your 17 you go to high school going from 8-3 and thaty means your working from 4 - ??? hmm not saying it aint possible but u must be failing

mysql101

A 17 year old making 30k a year likely has more disposable income than an adult making 90k a year. So age really isn't a factor, it's cost of living. When you're staying with parents, you have no utilities, no housing costs, no kids to support.

He could likely buy and pay off his RX-8 faster than I could.

On the other hand, if he were smart, he'd be focusing on something other than an RX-8 at that age, but that's another discussion entirely.

Inconsequential

Hey Rohit, when I was in school way back in the day, I worked full time after school, and was making honor roll every other term.
its possible, but its not easy, unlike me, at least he is planning on using that money wisely, I was a comic collector then, so, a waste of money, hehe

HiTMaNN

im not gonna lie i work 25 houras aweek while ging to ubc and pay my car and i dont know what my year income but i make 10.41 an hour ... anyone know ??i never get less than 25 hours

TODreamer

This is a common mistake alot of young guys make (I was guilty of the same when i was younger). As soon as they make a lil bit of cream its gone like the wind.

Dude...don't force owning this car. If you force it like that you won't enjoy it as much as you should. Put it this way....If you can't afford the insurance, the payment, the maintenance fee, a mortgage, misc living expenses and still have some money every month ( some to save, some to spend) without breaking the bank...Don't do it. A machine like an RX8 is one that should truly be enjoyed without un-needed encumberances.

If you are making that kind of money, SAVE some and INVEST the rest! If you need a car...just get a beater. By the time you are 24/25 yrs old, you'll be able to get a nice place and a nice ride...and at that age is when you need that stuff the most....Thats when you really start living....You'll really be big pimping then. However at the age of 17, its not worth your while to try to pimp it, mainly because nobody expects anything out of a 17 yr old kid. You can go on low budget and still have nuff fun, get girls and just enjoy life.

I wish i had someone to tell me that when i was your age.

mysql101

They did, but who listens to old people?

guy321

Why do people insist on asking US if they should buy the car? If you think you like it, test drive it. If you test drive it you will either love it or hate it. We can't help you make your decision. If it's a matter of if you can afford it, that's none of our business.

Most people would never tell anyone how much they make, unless maybe they were asked directly or it was a close friend of thiers.. Why put yourself at risk ?

Now, having spoken my mind..

I really believe that more people should enhance thier writing and communication skills. The original post could have been written in a manner to aquire more information without eliciting strong reactions from its readers.

There are already many threads discussing the pros and cons of the 8. Even if one chose not to read these other threads, better questions could have been asked instead. In truth, only one question was asked. "Should I buy this car". No one can answer this question for the poster.

I feel maybe there are other questions or concerns that the poster has not asked.
Try asking specific questions, instead of devulging your life's story.

We don't need to know your age or how much you make. Yes, you probably make some people jealous, come off as being arrogant, or even a liar.

For future posters reading this, If you want to know specific things about the car, please ask the right questions. Clouding the mind of the reader with emotional reactions will not help you find your answers. Please give some thought when you are making a serious post. This is not an english class. However, the ability to communicate is VERY important if you want to be understood.


Finally, congratulations on being successful at an early age. You have many options. You should sit down and figure them out with the guidance of someone more experienced, such as your parents. If you should decide to get the 8, congratulations on that too.

Now, time for me to go back to writing meaningless drivel!

greene76

The cold hard reality of it is that MOST 17yr olds have no idea what a 5 or 6 year note feels like. You may not have any bills now, but what about when you are 21? Remember, your note will be for at least 48 months. If you do get in there and the finance guy tells you to go 60 months, say no thanks. If you truly do have alot of advantages (only bill), pay it off as soon as you can: 48 months.