Is it a good idea..

[Droid]

Originally Posted by 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!

There appear to be a few different option packages for the limited. The one I am getting a quote on is the "top of the line" (going to the dealer tomorrow, not exactly sure what else that entails) and that quote is 28.5k out the door and on the road for a 2014 BRZ limited manual. I live in Maryland, any opinions on that?

[extrashaky]

Originally Posted by Droid

I know it probably isn't a good idea...

I don't see why not.

Look, work up a realistic budget and see if the payment fits. If it does, buy the car. If it doesn't, don't. If you find later that you can't afford the payments, sell the car and use the proceeds to get something cheaper.

A lot of people on this board really seem to get off on telling other people they can't afford the car. Maybe it makes them feel special, I don't know.

The way I look at it is that there is an enjoyment factor with this car that one does not get from other cars. That enjoyment factor, in my mind, has monetary value. You're paying more for this car than a shitbox economy car, but you're also getting more for your money.

Life is full of enjoyment opportunities that make it worth living. Of course, they have to be balanced with responsibilities. But you practically have no responsibilities. I'm assuming you're not married and have no kids, and you don't have a lot of debt to service. In a sense, you could afford to lose everything, because you wouldn't be taking innocent people down with you.

I say if you want the car and can afford it, buy it, with the understanding that if everything goes sour, you also take personal responsibility for that.

[Droid]

Originally Posted by extrashaky

I don't see why not.

Look, work up a realistic budget and see if the payment fits. If it does, buy the car. If it doesn't, don't. If you find later that you can't afford the payments, sell the car and use the proceeds to get something cheaper.

A lot of people on this board really seem to get off on telling other people they can't afford the car. Maybe it makes them feel special, I don't know.

The way I look at it is that there is an enjoyment factor with this car that one does not get from other cars. That enjoyment factor, in my mind, has monetary value. You're paying more for this car than a shitbox economy car, but you're also getting more for your money.

Life is full of enjoyment opportunities that make it worth living. Of course, they have to be balanced with responsibilities. But you practically have no responsibilities. I'm assuming you're not married and have no kids, and you don't have a lot of debt to service. In a sense, you could afford to lose everything, because you wouldn't be taking innocent people down with you.

I say if you want the car and can afford it, buy it, with the understanding that if everything goes sour, you also take personal responsibility for that.

I am not married, no kids, and have 0 debt or any responsibility for anything for that matter. I appreciate the honest answer and can totally afford the car, especially with the 0% financing. How did the price sound to you?

[ModalSoul37]

Get it while your parents still support you, sounds like they will be there to bail you out if you get in over your head. Better to make those mistakes while you have loved ones around you to give you a helping hand.

[Zozr]

Your parents pay your insurance and gas and you're considering a new car.

Okay then. Your priorities are way out of whack. Become self sufficient before you get a new car.

[ModalSoul37]

Originally Posted by Zozr

Your parents pay your insurance and gas and you're considering a new car.

Okay then. Your priorities are way out of whack. Become self sufficient before you get a new car.

I agree, but doesn't sound like he's ready to be independent yet. We all reach that age eventually, some sooner than others. I just hope he's not gonna be a douche about having the car, like trying to stunt or flex on other guys with cars that are not as nice (but who are at least financially independent). In other words, OP be humble because without help from your parents this car is not in your price range right now.

[Zozr]

Originally Posted by ModalSoul37

I agree, but doesn't sound like he's ready to be independent yet. We all reach that age eventually, some sooner than others. I just hope he's not gonna be a douche about having the car, like trying to stunt or flex on other guys with cars that are not as nice (but who are at least financially independent). In other words, OP be humble because without help from your parents this car is not in your price range right now.

I am not trying to preach how he should live or sound douchey but I guess he doesn't find it weird that he has a BMW and a SS bike with his parents still paying for 3/4 of it. Gas and insurance are the expensive part of car ownership.

So with that in mind can he even afford car ownership?

And now to consider a new one?

[Droid]

Originally Posted by ModalSoul37

I agree, but doesn't sound like he's ready to be independent yet. We all reach that age eventually, some sooner than others. I just hope he's not gonna be a douche about having the car, like trying to stunt or flex on other guys with cars that are not as nice (but who are at least financially independent). In other words, OP be humble because without help from your parents this car is not in your price range right now.

.
Without a doubt, I never try to flaunt anything that I have. Parents aren't rich, but we are well off and I am very thankful for that! They never had anything like this when growing up, so I've been spoon fed my whole life and I will be the first to admit that. I've "lived" on my own at college in my own place (granted everything was paid for) and am graduating a semester early (worked my ass off to take that many classes) and do try to save them money wherever possible because I am fortunate for what they give me. My dad told me about the BRZ when it was a concept and I've loved it since then, but it has only been possible now due to graduating in December and having a self sufficient job for what I need aside from what they give me. I appreciate the advice and even the harsh words from others, I really do. I just wanted to bounce the idea off of others as I think (have crunched the numbers) to where if I live with my parents, I could pay gas, insurance, etc while living under their roof, while creating a nest egg to move out with on top of getting the car.

[Droid]

Originally Posted by 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.

I completely missed this very informative post, my apologies. I am going into the Cyber Security/Assurance field. I leave near all of the major government agencies along with a wide variety of cyber intelligence contractors here in the DMV area. I will definitely double check the insurance rates!

[ModalSoul37]

Originally Posted by Zozr

I am not trying to preach how he should live or sound douchey but I guess he doesn't find it weird that he has a BMW and a SS bike with his parents still paying for 3/4 of it. Gas and insurance are the expensive part of car ownership.

So with that in mind can he even afford car ownership?

And now to consider a new one?

I personally don't think you sound like a douche, haha maybe OP will feel differently tho. But I'm right there with you, if he really wanted my advice, I'd say build a savings account, slowly try and pay your own bills and expenses, once your able to be mostly self sufficient, then and only then would I think about buying my a new car. It's annoying sometimes to see others get things with other people's effort/time that we work hard for, but hey, that's none of my business

[Droid]

Originally Posted by Zozr

I am not trying to preach how he should live or sound douchey but I guess he doesn't find it weird that he has a BMW and a SS bike with his parents still paying for 3/4 of it. Gas and insurance are the expensive part of car ownership.

So with that in mind can he even afford car ownership?

And now to consider a new one?

I completely agree with this statement. I could NOT afford this car at this moment (still in school, working 20 hours a week). I mean I probably could, but it would greatly cut down on my spending money. However, it is not the case as I do not have the burden of paying for these.

[ModalSoul37]

Well OP, I'm glad you're humble cuz many of us weren't that lucky. Be thankful to your parents, treat them with respect, and enjoy the BRZ, it's an amazing car.

[Droid]

Originally Posted by ModalSoul37

I personally don't think you sound like a douche, haha maybe OP will feel differently tho. But I'm right there with you, if he really wanted my advice, I'd say build a savings account, slowly try and pay your own bills and expenses, once your able to be mostly self sufficient, then and only then would I think about buying my a new car. It's annoying sometimes to see others get things with other people's effort/time that we work hard for, but hey, that's none of my business

I completely agree and that is part of the reason I want to pay the payments on this car. I have been given everything my whole life (not to sound like a **** / douche) and want this to be that stepping stone while I am still somewhat sheltered with living with my parents while I have decently paying (50k/yr) job, while living with limited expenses at home.

[enjetek]

Amen. If you piss them off or something goes wrong (job etc etc) you're going to be sad. Almost a 30k car with that much you might earn yearly... That's almost half your yearly income!!!!