Youngest BRZ/FRS Owners?

[leicaboss]

Originally Posted by JB86'd

Probably, but I'm saving for it now. I have no reason to move out alone and spend $1700+ a month and struggle when I don't mind living at home, and parents don't mind either.

Also, I'm rarely home..work 10-12 hour days during the week and go out of town occasionally, and weekends I'm out usually.

I envy that you can live at home... living expenses in the city are outta control.

[ChandlerSwyng]

Originally Posted by serith

I don't own a twin (yet), but for what it's worth I bought my first new car (06 tC) when I was 19 back in the summer of 2005. The job I had then had no limits on overtime so I essentially lived at work and saved up a good chunk to put down. I had no co-signer and back then when interest rates were much higher Toyota gave me the loan to the tune of 14% APR but required 1/3 of the value of the car as a down payment. I made the payments for about a year and refinanced with a local bank down to 5%.



Being older now (28), the only thing that worries me when I see younger adults driving nice/new cars is that they are more likely to do something foolish simply because of the lack of experience. 200hp is still enough power to wrap yourself around a tree.



Also worth noting, I was paying ~$300/mo for the car back then, and another $200 or so for auto insurance. Now I drive an 09 tC (paid for), and spend ~$45/mo for insurance. It's mind boggling what a difference age, credit score and income can have on your insurance rates.

Well I have had the car a little over a year and so far no accidents! *knock on wood*

[Cattronic]

OP do you pay for your own insurance too?


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[ChandlerSwyng]

Originally Posted by Cattronic

OP do you pay for your own insurance too?


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I did help with it at one point but not anymore

[Cattronic]

Originally Posted by serith

I don't own a twin (yet), but for what it's worth I bought my first new car (06 tC) when I was 19 back in the summer of 2005. The job I had then had no limits on overtime so I essentially lived at work and saved up a good chunk to put down. I had no co-signer and back then when interest rates were much higher Toyota gave me the loan to the tune of 14% APR but required 1/3 of the value of the car as a down payment. I made the payments for about a year and refinanced with a local bank down to 5%.



Being older now (28), the only thing that worries me when I see younger adults driving nice/new cars is that they are more likely to do something foolish simply because of the lack of experience. 200hp is still enough power to wrap yourself around a tree.



Also worth noting, I was paying ~$300/mo for the car back then, and another $200 or so for auto insurance. Now I drive an 09 tC (paid for), and spend ~$45/mo for insurance. It's mind boggling what a difference age, credit score and income can have on your insurance rates.

Yup, there's a reason why new drivers have the highest insurance costs... They're based on statistics.

Younger drivers get into more accidents.

It's when you hit 25 that insurance costs drastically go down.
However, I heard that recently they changed it to where now males age for the decrease is 30, while females still at 25. Don't know if that's for sure and if it applies nationwide though.


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[Rakshaa]

Originally Posted by Billylammerkins

I'm 20 and working 45+ hours graveyard, go to school, and live 100% on my own. I hate when people at my work who are older then me ask me how much my parents how much they pay a month for my car. It pisses me off more then anything.

I'm so glad to see other people my age work hard to get what they want.

Glad to see other young people take responsibility for their wants, as these cars are definitely a luxury to have at our age. If you work hard and can afford it with your own means, props to you.

I'm 22 and done my undergrad, now working my first corporate job. Came to work every day for the past 9 months in the oldest car in the employee lot (my 95 prelude) but now that my debts are paid I can put my money towards my first new car.

Congrats to all the young owners out there who have bought it themselves! I recommend finishing college/university though before you get it as unless your parents pay for it you're gonna need every penny of your savings.

[AznKirby]

Originally Posted by Rakshaa

Glad to see other young people take responsibility for their wants, as these cars are definitely a luxury to have at our age. If you work hard and can afford it with your own means, props to you.

I'm 22 and done my undergrad, now working my first corporate job. Came to work every day for the past 9 months in the oldest car in the employee lot (my 95 prelude) but now that my debts are paid I can put my money towards my first new car.

Congrats to all the young owners out there who have bought it themselves! I recommend finishing college/university though before you get it as unless your parents pay for it you're gonna need every penny of your savings.

Nice graduation gift you got yourself there!

[BRZfan]

Wow! You pay for your gas too?

QUOTE=ChandlerSwyng;958216]I'm 16 and I have had my BRZ since December. I pay for it myself and pay for all my gas. Just wondering who else has one around my age?[/QUOTE]

[ChandlerSwyng]

Originally Posted by BRZfan

Wow! You pay for your gas too?

QUOTE=ChandlerSwyng;958216]I'm 16 and I have had my BRZ since December. I pay for it myself and pay for all my gas. Just wondering who else has one around my age?

[/QUOTE]


Can't tell if this is sarcasm, but yes i do.

[BRZfan]

Canada has a navy??

Originally Posted by iamkyle

23, paying for it myself + i live on my own.
Work in the Canadian navy

[636]

I'm 7.

[BRZfan]

Clue: The OP says that "I pay for the monthly payments." What does that really mean?? Usually one says as you do as in "make payments or making payments". The word usage give it away. In other words, the OP pays someone else something and does not make direct payments to a lender.

Originally Posted by AznKirby

You get a lot of crap because it isn't feasible to be 16, and own a brand new car, let alone make payments on it.

I was 17 when I got my first car, too. My parents paid for it, and I gradually paid them back. So yes, I "paid it myself", but I would've been taking the bus if my parents weren't there.

That being said, there's always a chance you aren't trolling and found a high paying job, whilst being in high school.

[BRZfan]

And that ain't "NO HAY"!

Originally Posted by humfrz

I was 14 when I bought my first vehicle, a 1937 Chevrolet Pickup. I paid $75 cash, which equated to 75 hours of hard labor in hay fields.

No insurance cost, cause it wasn't insured. I traded slave labor on my father's farm for gas, from the tractor gas tank.

Oh ..... I digressed again .....

[ChandlerSwyng]

Originally Posted by BRZfan

Clue: The OP says that "I pay for the monthly payments." What does that really mean?? Usually one says as you do as in "make payments or making payments". The word usage give it away. In other words, the OP pays someone else something and does not make direct payments to a lender.

Money I receive from my paychecks at work go to my father, who pays it to the lender.