Maffu313

iTrader: (2)

well having a car when you're still a teen is hardly ever a 'need'. but this car is definately a sweet want =D and once you get it...you just can't drive on the road without a grin on your face =)

always.anthony

get it, you only live once.

DubbsLuvs8s

iTrader: (1)

That's the point, if you screw up and default on your loan, you don't get another shot for a while.

jones75254

iTrader: (2)

Try a LONGGG while...defaulting this early will DESTROY your credit. That means you will be living in an apt for a long, long time, likely with roommates (thats if he moves out of Mommy's house) and thennnnn after years of rebuilding credit (and being slammed with high CC apr's) he MIGHT be in a position to get financed for another car, and then even more years down the road, he MIGHT get financed for a home. All of these things he could have had by the time he was in his early 20's but now cant get until his mid-late 30's....but hey, you only live once right???? LOL classic dipshit answer.

Thankfully, the OP really has no chance in hell at getting financed for the car at this point, so, i guess its pointless to go on and on with regards to whether he "should" or not.

DubbsLuvs8s

iTrader: (1)

Just pointing out there's nothin wrong with livin at mommy's house.

jones75254

iTrader: (2)

^^Sure there isnt, especially when ur a teenager and with the current economy. Its a great way to save $. But that all is negated when the $ u should be saving is being tied up into a car that in turn pretty much ties you down to living with ur parents and not even having the option to move out even if u wanted to. Ur parents raise you to be responsible and start your own life when you become and adult, not to stick around and mootch off of them because you decided that you wanted a sports car when u were 17.

Maffu313

iTrader: (2)

^^well, some parents prefer to have their children stick around for a while longer, esp. if either one is retired or just always stayed at home for whatever reason.

And besides, starting to finance a car is part of the road to starting to financing your own house. Take small steps at a time, start with a car, then move onto a house later on in life...but of course if you're damn succesful, then forget financing, just buy it right off from the beginning =)

always.anthony

get it you only live once





footnote:if you can afford monthly payments :D

yongxun18

I would say wait a little bit and save some cash. You never know what will happen espeically when our economy is going to go to hell. Prices might even be cheaper. I've wanted a rx8 since I was 18 and just saved up alot of money. Ended up paying for the car in cash about a month ago (just turned 20 a couple days ago). Personally, I'd probably feel uneasy paying for my car monthly without knowing that I will have a secure job the next few years. Unemployment rate is increasing drastically (estimated about 10% of US by the end of the year). If u think you'll be ok, then I'd say go for it, but u never know whats gonna happen. It's always better to be safe than sorry.

Don't forget about college fees if you are going....they only increase....=(

Maffu313

iTrader: (2)

^ what he said. Personally I'm not a fan of financing things, as complications could come up, and you do end up paying a fair amount more than you would've if you had paid cash.

But if you really like this car and it's been everything you've wanted so far, then get it. My brother didn't, and now he's regretting it (he still doesn't have his own car, and thinks that his first car is likely to be a family car, probably a 4-dr G35 or something of the like, nothing as good as the 8).