Thank you GM
- Thread starter YOUNG
- Start date
- Dec 4, 2011
- 285
I'm only 17, so this will be my truck for awhile, i wont have a steady income untill like 5 years from now, so i will not be able to finance a loan to afford a new car, so i dont think ill be selling this one! plus when i bought this one i got it for half of the sticker price. 
YOUNG said:I'm only 17, so this will be my truck for awhile, i wont have a steady income untill like 5 years from now, so i will not be able to finance a loan to afford a new car, so i dont think ill be selling this one! plus when i bought this one i got it for half of the sticker price.
Nice. Even when you can finance a car, don't. Best thing I ever did was never finance anything, never made a payment on anything ever except my houses. If I only had $20,000 sitting around for a car, that is all I spent. I didn't put 20k down and buy something much nicer. Some would say using other people's money is smart however. I wonder how much your insurance cost will increase. My wife's accident only caused a 10% increase for an at fault total loss. I thought that was more than fair.
- Dec 4, 2011
- 285
Jkust said:
Luckily i go to a good school, and all we've learned in math for the past few months, is about financing, loan annuities, 401k and everything else that has to do with money. i will have to worry about all that when i come to it, cant think about it now as i dont have an income... so looks like i wont be buying anything anytime soon! :wootwoot:
YOUNG said:
Good for you. They never taught any sort of real-life type curriculum back in the 80's and 90's when I went to HS. When you get out of college, the money comes in fast and furious and keeping your self-control then is important as well. I went from about $10K a year in college with part time jobs to 65k/year in the first day after I graduated in the late 1990's. Now days there are likely no cars I couldn't write a check for, but I still drive inexpensive ones hence the two 360's. They are nice enough that most people have no idea how economical they are.
i use to work security at a fed building and one night i watched a trailblazer that was stopped at a stop light infront of my guard shack get slamed into by a car traveling in excesse of 50mph and it totaled the car and only miner damage to the rear of the TB so 3 days later i bought my wife one that i am now the owner of lol now for the 3 in lift and bilsting stuts and shocks
- Dec 4, 2011
- 285
yeah ive got my first two years of college paid for already by scholarships and such, so i wont be in too deep of debt after i get out of college, and wont be to far under on student loans if i have any.Jkust said:
mocpl03 said:
they really are safe safe vehicles. the guy across the street from me rolled his mutiple times, and then into the side of a rocky cliff. and he was completely fine, only a few scratches :wootwoot:
Sparky
Member
- Dec 4, 2011
- 12,927
Jkust said:
Easy to say if you have the option to NOT finance. I haven't had that option yet
I have never financed a lot (always under $5000) but I've still had to do it as I never had enough cash to work with. Although, I'm hoping I'm at the point in my life that the next vehicle I get I can pay cash for.Side note: paying off my TB in the next week or so! :wootwoot:
HARDTRAILZ
Moderator
- Nov 18, 2011
- 49,665
DJones
Member
GLAD YOU ARE OK!! Might be a silly question, but, why was a Sherriff involved. If you were the only car involved. I doubt I would have risked a careless driving ticket and my insurance premiums going up for that damage.
Many years ago I took out a couple signs and ended up in a ditch in my 96 Trans Am. Considerably more damage. Wet roads and me driving like an idiot caused it, but I got a 4x4 to pull me out and changed the tire that was ripped off the rim and drove home. The $2000 it cost to repair was a relative bargain compared to what it would have cost me had I called police. I replaced most of the parts myself, let a body shop fix the quarter panel and paint it. I got lucky because it was red, and there are a lot of red Trans Ams out there, so I was able to get most of the parts already painted.
You will have it back to what it was before in no time.. Again, glad you are ok.
Many years ago I took out a couple signs and ended up in a ditch in my 96 Trans Am. Considerably more damage. Wet roads and me driving like an idiot caused it, but I got a 4x4 to pull me out and changed the tire that was ripped off the rim and drove home. The $2000 it cost to repair was a relative bargain compared to what it would have cost me had I called police. I replaced most of the parts myself, let a body shop fix the quarter panel and paint it. I got lucky because it was red, and there are a lot of red Trans Ams out there, so I was able to get most of the parts already painted.
You will have it back to what it was before in no time.. Again, glad you are ok.
Porkins said:
Think about it from an officer's perspective. 55-60mph on a curve in the rain or on ice. Careless for the conditions. I am not judgeing, I have done worse, but any time you lose control of your vehicle, it is considered careless driving. Not wreckless, because that implies the intent to drive wrecklessly, but easily careless. Of course, the responsible thing was to call the police. Especially since there was property damage other than the vehicle. BUT...........................
djthumper
Administrator