Is it a good idea..

[AVodka14]

Originally Posted by Droid

Good luck with that. I appreciate your advice, just need to convince my dad now and I should be a BRZ owner (for some reason I just prefer the BRZ limited vs the FRS, but if you can sell me otherwise I'd be open to that too haha).

I would go BRZ limited over FRS all day long. If I didn't get a discount through Toyota. I would have bought a limited BRZ.

[AVodka14]

Originally Posted by gramicci101

Question for you. My wife is looking at this right now. What's the job market like? Is it worth trying to start your own practice, or should one look at hiring with an existing practice? Or working at a hospital?

Job market/outlook is excellent and will continue to grow. Starting your own practice is most lucrative yet you have to be willing to put in the hours. Everything depends on you in that case. Reimbursement is decreasing for all medical services. But there are still ways to thrive as a private practice owner. I work in a private outpatient orthopaedic clinic.

[Akari]

Ultimately it's your decision but in your position I wouldn't as it could limit your options and put you in a bad place.

This plan depends entirely on you living with your parents, having them pay gas+insurance and actually being able to get a job right out of college. At some point don't you want to be independent? Even if you get a job at 50k a year right out of college that wouldn't leave you with much spending cash after housing, insurance, food, internet, electricity, phone, etc etc.

Seems like a lot of risk for a less practical car and having to give up your bike.

[Droid]

Originally Posted by Akari

Ultimately it's your decision but in your position I wouldn't as it could limit your options and put you in a bad place.

This plan depends entirely on you living with your parents, having them pay gas+insurance and actually being able to get a job right out of college. At some point don't you want to be independent? Even if you get a job at 50k a year right out of college that wouldn't leave you with much spending cash after housing, insurance, food, internet, electricity, phone, etc etc.

Seems like a lot of risk for a less practical car and having to give up your bike.

This is the type of devil's advocate advice I was looking for, on top of the "I would get it for x,y, and z reasons as well. Since my parents are moving about 10 hours away in a year, I am definitely going to live with them for the next year, which will in conjunction allow me to save money as it would be rent free. Also, for saving money I will stay on their plans, but pay them my share of what it costs since it is cheaper to be on their insurance until I am 25 on top of the cell phone service. I greatly appreciate it the advice, definitely gave me things to think about!

[Akari]

Yeah it sounds like you could make it work but it would also mean completely relying on them. Personally I like to be independent and make my own way.

I'd never be happy owning a vehicle and knowing I could only afford it because of someone else.

[ntron1]

Originally Posted by Droid

Without a doubt, but my parents, thankfully, pay for insurance and gas and I will be selling my current car + motorcycle.

Will your parents adopt me and pay my mortgage?? PLEASE!!!

[Khazzy]

buy one used. Cost of living sucks in Maryland...I lived there for 6 years. 800 a month is not a lot to spend. I make 3200 a month and I do not have a lot of other things to spend money on and I still do not like my 251 dollar a month payment. It is almost paid off though thankfully. As people have said. Drive the current car into the ground, save the cash, and if you get a nice paying job and can safely afford it even if you somehow lose that job, then I would pursue the BRZ. What are you going to drive in the winter? Black Ice in Maryland runs rampant all over the roads.

Do it if you feel confident enough to afford it, but 800 dollars a month for a 30000 dollar car is not enough, sorry.

[BRZ?]

Originally Posted by Droid

So I am currently set on buying a new 2014 BRZ limited. The dealer will give it to me for around 26,200 before processing, taxes, tags, etc. So I'm thinking with 6% tax + other fees itd be around 28,500 on the road.

I currently have a `04 bmw 525i and `06 cbr600 rr. I would be selling both and believe I would be walking away with around 11.5-12k to put towards the car, put a little more money with it and owe around 15k. Subaru has 0% financing right now (would co-sign with my dad). I was thinking this would help me build credit, plus I make around 800 a month with no expenses (parents pay for mostly everything) and the car payment would be 300$. This would be my first new car and the sound if it, plus the car itself is very exciting, but I was wondering if anyone else could share their first new car buying experience or provide any insight on what I should do.

Also, if I do decide to get the car, what are some of the lower costing mods (cosmetic or performance) that are easy, but increase the appearance/performance of the car (I know it is relative to the person, but just suggestions, etc would be awesome!).

Thanks everyone in advance!

Do not... I repeat... DO NOT pay a single penny more than 25,600 OTD for a 2014 Limited BRZ. Got mine for like 25 5 through the costco dealer program for under invoice. If anyone in your family has a costco card, then search costco auto program, put the card number in, search for a participating dealer, ask at the dealer for the costco price sheet, check 2014 BRZ (should be 3 or 4 hunderd under invoice), buy car, win, thank me later

[Celadrielas]

@Droid - You seem to already have your mind made up. Some of these users are mentioning things that are paramount to the "Adult" thought process. Things like, I *WISH* I had $1500 / mo. extra at the end of bills. After paying for my roof, food, insurance, gas, and the rest of life. There are weeks I scrap by with $50 left until Friday.

What they are trying to say is "Consider the life after the year with family". If you have really and truly thought it through and still want to buy the car, Do it. But understand there may be complications to your plan because that's life.

If you don't want to listen to the advice of the forum though, I would recommend not asking an objective question. -- I paid 21,151 out the door, tires on the floor and mine. My payments were sub $300 before gap & extended warranty and are now slightly over $300. I bought because I had a 2.5i that suffered extensive damage due to chrapnel from a collision I wasn't even in. Would I have bought without that? No. But since I needed a car, and this was actually cheaper than getting a corolla, for example, then I'd buy it all over again if I could. just from a different dealer. haha

Hope it helps.

[Droid]

Originally Posted by BRZ?

Do not... I repeat... DO NOT pay a single penny more than 25,600 OTD for a 2014 Limited BRZ. Got mine for like 25 5 through the costco dealer program for under invoice. If anyone in your family has a costco card, then search costco auto program, put the card number in, search for a participating dealer, ask at the dealer for the costco price sheet, check 2014 BRZ (should be 3 or 4 hunderd under invoice), buy car, win, thank me later

Right now I have a quote of 28k OTD, but the invoice on the costco program is 27k, how does one get 1500 under costco invoice OTD, that is insane.

Originally Posted by Celadrielas

@Droid - You seem to already have your mind made up. Some of these users are mentioning things that are paramount to the "Adult" thought process. Things like, I *WISH* I had $1500 / mo. extra at the end of bills. After paying for my roof, food, insurance, gas, and the rest of life. There are weeks I scrap by with $50 left until Friday.

What they are trying to say is "Consider the life after the year with family". If you have really and truly thought it through and still want to buy the car, Do it. But understand there may be complications to your plan because that's life.

If you don't want to listen to the advice of the forum though, I would recommend not asking an objective question. -- I paid 21,151 out the door, tires on the floor and mine. My payments were sub $300 before gap & extended warranty and are now slightly over $300. I bought because I had a 2.5i that suffered extensive damage due to chrapnel from a collision I wasn't even in. Would I have bought without that? No. But since I needed a car, and this was actually cheaper than getting a corolla, for example, then I'd buy it all over again if I could. just from a different dealer. haha

Hope it helps.

I do have my mind for sure, but from the first time I saw this car, I knew I wanted it and now that I have a job lined up for 50k straight out of school, and I'm renting a room of my townhouse for 500 (which will cover the payment without touching my income of 800 a month) I really want to, and think I can do it while building credit. I know it probably isn't a good idea, but after reading how much you guys love these cars, it is killing me =/.

[Akari]

Originally Posted by Celadrielas

@Droid
What they are trying to say is "Consider the life after the year with family". If you have really and truly thought it through and still want to buy the car, Do it. But understand there may be complications to your plan because that's life

Yeah, mostly this. There are so many hidden living costs that you'll run into that really add up quickly. I couldn't even pay all my regular monthly bills and car payment on 50k/year after taxes.

I've also had many of my friends "promised" jobs after college that almost all fell through.

[CoupedUpSubie]

Droid, may I ask what field you will be going into?

As another recent graduate who quickly bought a BRZ after school I will say that I partly wish I had waited before buying mine. I had a choice of two jobs, not just a promise but actual offers of employment, that put my gross at well over 52k. I took one, did that for 5 months then bought my BRZ. I decided that I didn't want to be with that company and went job searching. It took me 6 months before I worked again. Now I'm trying to dig myself out of a hole. I do have debt from school but my bills are only $1500 a month.

Remember that 52k a year turns into a reality of 35k in your hands pretty quick. Also double check your insurance rates. It was cheaper for me to be on my own insurance rather then be on my parents.

[Droid]

Originally Posted by Akari

Yeah, mostly this. There are so many hidden living costs that you'll run into that really add up quickly. I couldn't even pay all my regular monthly bills and car payment on 50k/year after taxes.

I've also had many of my friends "promised" jobs after college that almost all fell through.

I reckon you are correct and as sad as everyone may think, I am banking/overheard my dad tell my mom he would pay for most if not all of it when I graduate from college in December, so long I keep my townhouse where I went to school and keep that little "business" going. I was thinking if not, I would still be able to make the payments/extra payments since I will be living with my parents at least a year after I graduate come December. I have never been a car nut since my last car my dad wouldn't let me touch since it was my first car + he bought it, but this car makes me want to get into the "scene." This would also be good because my Dad loves working on cars and what not, so while I may be taking slight advantage of the situation, I don't think it will have me financially strapped.

[dhuang]

Based on what you told us, you most certainly can afford it -- especially if you have that job secured. Be thankful to your 'rents for all the support they've provided so far. Trust me, if you wait, it will only get harder as you get older -- when you start paying for health insurance, auto insurance, taxes as an independent, etc.

Your mind is already made up... now go find the best deal available!