Hey @
juniorrr,
I know you think doing the widebody + stance with fancy wheels thing is so cool and will get you a lot of clout but you should reeeally reconsider in terms of finance (mostly like everybody is saying) for a few different reasons.
I live in an area with a lot of people who try to go widebody and who have bought 4000+ dollar sets of wheels (insanity imo but it is what it is).
You don't wanna know how many times I've seen people order a set that they later realize they won't be able to use for some reason or another (decided not to widebody, widebody ended up not being a good fit, car got confiscated, got into accident, got broken into, etc.). What if your job at chevron or wherever suddenly gets cut or your school stuff causes you to need to suddenly quit or work less hours? And then you can't keep up with car payments, rent, etc.
And then they wind up trying to sell that set of wheels for weeks or even months, because once the order is submitted and/or the set is received, they can't cancel, and nor can they use them.. But, not many people want to buy a set of wheels like that on a whim since at that point show-y builds become suuuper unique and it becomes more like "well that's a fancy set of wheels but it won't fit my build" and then that money of yours goes down the drain. And then if anything, they start dropping the price of the wheels to try enticing people to buy.
But, then your investment becomes less and less value than what it was originally worth. Not a very good situation
.
If you really want to build credit, I'd do it with _normal_ stuff, not these special one-off purchases. Like, you're not really gonna get that big a boost probably from a set of wheels you pay off in a year. Because the longer a loan goes and the more consistent you are in paying it off is usually how you get more value out of it.
But then again, I graduated college with 0 credit (long story, but just never had credit cards or loans till after graduation) and bought my BRZ by getting a co-signing by family on my loan. Great financial decision, eh?
But then again, I knew I would be able to pay it off in 2 years and could've even sooner due to my post college job situation and doing well saving throughout college other than living expenses.
TBH I would highly recommend saving all this money that you "have" and waiting till after graduation and have a very steady flow of money where you know you won't have to worry about the chance of having a useless box of 4k+ just wasting away in a garage.