[Vancouver, BC] Out the door pricing

[Capt Canuck]

^Another 12 months of safe driving.
Presumably

[Marloon]

Originally Posted by CoryUyede

From a money standpoint, accelerate whichever one will collect more interest on it. At this point i'd say the hyundai is going to cost more on interest, based on the LONG terms. BTW, what are the terms for this 60/84?

Duly noted. I have about 6K saved up right now for the FR-S down payment. Do you think I should do a down payment on the FR-S first and then accelerate the car payments on the elantra? OR put that money towards the elantra and then pay the just 0 down on the FRS. Monthly payments might be a little higher as a consequence.

I also have the option of putting 6K DOWN and then accelerate the elantra payments. If I am hell bent on accelerating the elantra payments, and knowing my workaholic standards. I should be done in less than a year knowing how much I make.

I was thinking of lengthening my FR-S terms to play it safe and then just accelerate it after the elantra.

Originally Posted by CoryUyede

Your fuel costs in the FRS will be ~75% differed/offset by the fact that when you're driving the FRS, you're NOT driving the Elantra. The 75% is based on fuel economy differences. So if you've spent $100 on gas in the FR-S, that's 75$ that would've been spent on the hyundai.

I understand that, I just wanted to play it as safe as possible by giving myself the worst case scenario possible (such in the case as the 1.60/L rate - btw. i am tempted to pick up gas at point roberts in 25L Jerry Cans LOL).

Originally Posted by CoryUyede

I'm glad you know about the anniversary dates..good on ya.

Yeah. Its a good thing I talked to the brokers while we were there at the dealership.

Originally Posted by CoryUyede

Also, i've tried 3 times now (including this afternoon) to get ICBC quotes for both/either car. They say they will likely not have rates UNTIL the first person buys/insures the car, Then ICBC will calculate the appropriate rate AFTER. I've been told the insurance is Comparable to a GC 2.0t. The BRZ will be SLIGHTLY more than the FR-S initially, because of a different rate group, but that can change fast.

Anyone have any idea what the insurance rates are on a GC 2.0T? I am looking at 1000 comprehensive, 1000 collision, 2M 3rd party liability.

[Marloon]

I'm going to sleep on this idea.

Here's some interesting tid bits:
- I could very well finance an Elise for 60 months at the price of running two cars at $2000/mo.
- I might be tempted to just sell the elantra and just let the FR-S take the milage which will bring me down to 1300/mo for 36 months which is much easier I am sure.

[Enemies]

Originally Posted by Ikaros

What's this anniversary date thing?

You better not be married. Don't ever say that to your wife! jk

[Marloon]

I'll just get this as I wait. LOL.

[Enemies]

Originally Posted by Marloon

Options:
- Focus on accelerating one payment at a time which one should that be?
- Dump a huge down payment on the FRS now and then focus on accelerating the payments on the Elantra right away until finished. When finished, accelerate the FRS payments.
- If all else fails, sell the elantra and buy the FR-S. If i really need utility, I can buy a Sonata 2.0T when it gets redesigned for 2014. (I really don't want the FR-S to take the milage)

Put the minimum down payment possible on the FR-S. Put all the extra cash towards your highest interest purchase (Elantra). Accelerate payments on your highest interest purchase (Elantra). Generally you always want to pay off the highest interest loan first.

If worst comes to worst and you want the FR-S or BRZ really badly I'd work your ass off, pay anything extra on the Elantra that you can, so you can get yourself in a 2014MY. Assuming your SO has given you her permission.

I'd show her the BRZ. See what she thinks about the Sport Tech. Maybe the extra features can sway her. If not...

I think I'd be freaked out if the leash was already that tight before I got married! I suppose I can understand though if you 2 are living together and she's footing the bill for the living expenses and you're spending your shared cash on 2 cars!

[Marloon]

Okay here's my game plan.

Retract all of my down payments at all of the dealers within the next two-three weeks.

Take that lump some and put it towards the Elantra (i just lowered it down right now to 21903.30 - my target goal is to bring it down to 19000 by the end of this mo) Once the elantra is fully paid off, I will accumulate 10K again to dump into the FR-S/BRZ. I will see you guys in 2013? LOL.

[Marloon]

Originally Posted by Enemies

Put the minimum down payment possible on the FR-S. Put all the extra cash towards your highest interest purchase (Elantra). Accelerate payments on your highest interest purchase (Elantra). Generally you always want to pay off the highest interest loan first.

If worst comes to worst and you want the FR-S or BRZ really badly I'd work your ass off, pay anything extra on the Elantra that you can, so you can get yourself in a 2014MY. Assuming your SO has given you her permission.

I'd show her the BRZ. See what she thinks about the Sport Tech. Maybe the extra features can sway her. If not...

I think I'd be freaked out if the leash was already that tight before I got married! I suppose I can understand though if you 2 are living together and she's footing the bill for the living expenses and you're spending your shared cash on 2 cars!

Thanks for the tips!

What is a 2014MY?

[CoryUyede]

Originally Posted by Marloon

Thanks for the tips!

What is a 2014MY?

2014 Model Year

Enemies gave good advice..i would've said the same !

What's your gf's Situation transportation wise? Does she have her own vehicle already?...you could sell her car if she does, she can drive the hyundai, and she can help on your payments .If she doesn't help out with payments, at the very least her using your car, in her own mind will justify you having two payments and two cars.

I'd be weary to take your deposits back so close to the release date...you can't un-ring that bell.

[Marloon]

more options as i thought about it:
- pay off my insurance in a yearly format so that I don't have to think about it every month for 2012-2013.
- this gives me more headroom/mo to accelerate my program. Thoughts?

[CoryUyede]

Originally Posted by Marloon

more options as i thought about it:
- pay off my insurance in a yearly format so that I don't have to think about it every month for 2012-2013.
- this gives me more headroom/mo to accelerate my program. Thoughts?

Not a bad idea, ICBC charges interest @ (prime(3% right now) -1%) or 2.5% , whichever is higher, for monthly insurance . The date you sign the policy is when the rate is determined, and doesn't change until the term is over. FYI, it'd be 2.5% as of right now

I cant remember,i've ALWAYS paid once a year for insurance. And i've always made sure my insurance expires right at my B-day, so i'm on my best discount for the longest amount of time.

[MTD]

What does the g/f even have anything to do with this? It's your money and your decision.

[Marloon]

Originally Posted by CoryUyede

I'd be weary to take your deposits back so close to the release date...you can't un-ring that bell.

What I'll do is I will follow Enemies and your advice. Right now, I am just fine tuning the plan before I sleep for a day shift tomorrow at 0630.

1) Pay off the Aug 2012 - Aug 2013 Insurance in a full year payment. So i will only worry about the monthly on the car.
2) Remove all of the downpayments except for the Richmond Subaru and the Docksteader downpayments. (I will get a SWP 14' BRZ Limited 6MT - as decided by this public drive video -

). I am sure that I will get a 14MY Subaru BRZ Limited with hopefully better finance rates and some wiggle room (doubt it).
3) From August 2012-August 2013, WORK MY ASS OFF and accelerate my monthly payments from 340.30 to 2000/mo so that I can pay off the car by Aug 2013.
4) After that, attain 10K to put down on the car.
5) Join the club and be happy

LOL.

Any other fine tunes that I can do?

[Marloon]

Originally Posted by CoryUyede

What's your gf's Situation transportation wise? Does she have her own vehicle already?...you could sell her car if she does, she can drive the hyundai, and she can help on your payments .If she doesn't help out with payments, at the very least her using your car, in her own mind will justify you having two payments and two cars

She has her own car. Everyone in my family has their own car so this car is really just a toy. PURELY A TOY.

Originally Posted by CoryUyede

Not a bad idea, ICBC charges interest @ (prime(3% right now) -1%) or 2.5% , whichever is higher, for monthly insurance . The date you sign the policy is when the rate is determined, and doesn't change until the term is over. FYI, it'd be 2.5% as of right now

I cant remember,i've ALWAYS paid once a year for insurance. And i've always made sure my insurance expires right at my B-day, so i'm on my best discount for the longest amount of time.

Thank you for this information. It's always good to know.

Originally Posted by MTD

What does the g/f even have anything to do with this? It's your money and your decision.

The SO will always have something to do when it comes to big financial decisions. I care about her health, she cares my finances. I'm an RN, shes an accountant. LOL. Thats just how it is.