Some Day Soon: The Crave for a 17+ BRZ

[Tcoat]

Originally Posted by Adam_L

The only cars in a similar category ( RWD, sport coupe) and price that I can think of off the top of my head in the last 15 years (all V6… less MPG) are a 350z / 370z (not so sure how much back seat room they have, probably similar or less then the BRZ/ 86) or a G35 (hard to find in Manual). Also a IS300 , that is a I6 … supra engine… less MPG , but has good back seating.

The one that I suppose comes to mind would be a IS250 (they also made it AWD) , but that is a heavy car, 4cyl , good seating.

The Z350 and 370 are both two seaters. No back seat at all.

[funwheeldrive]

Originally Posted by Adam_L

The only cars in a similar category ( RWD, sport coupe) and price that I can think of off the top of my head in the last 15 years (all V6… less MPG) are a 350z / 370z (not so sure how much back seat room they have, probably similar or less then the BRZ/ 86) or a G35 (hard to find in Manual). Also a IS300 , that is a I6 … supra engine… less MPG , but has good back seating.

The one that I suppose comes to mind would be a IS250 (they also made it AWD) , but that is a heavy car, 4cyl , good seating.

135i is also an option.

[BaatLuk]

Originally Posted by funwheeldrive

135i is also an option.

OP was trying to justify getting a $28k BRZ (a sensible car in its category) vs paying off student loans (probably a more sensible financial decision). How did we arrive at a BMW? Probably the worst financial decision he could make given his personal situation

[funwheeldrive]

Originally Posted by BaatLuk

OP was trying to justify getting a $28k BRZ (a sensible car in its category) vs paying off student loans (probably a more sensible financial decision). How did we arrive at a BMW? Probably the worst financial decision he could make given his personal situation

I was just saying that it's in the same price range. OP can do whatever he wants with his money.

[Xxyion]

Originally Posted by towch

For those wondering what my loan rate is, I attached it. I plan to use my bonus and tax return to pay off one of the $5000 by the beginning of next year, leaving me with 3 loans to pay and on.

I am thinking of a plan to pay 3k to 4k cash not including monthly payment every year.

Man its pictures like this that make me super happy that i never went to college. I have almost as much debt as you do but it's all car mods and other things i wanted but didnt want to wait for. Luckily i work a good enough paying job that all that debt will be going away in a year or so.

[NeverInTime]

Originally Posted by Xxyion

Man its pictures like this that make me super happy that i never went to college. I have almost as much debt as you do but it's all car mods and other things i wanted but didnt want to wait for. Luckily i work a good enough paying job that all that debt will be going away in a year or so.

You managed to do something that is really tough to pull off and you're enjoying your life, so congrats on being responsible/talented enough to figure it out. That being said, college is expensive (and is getting more so), but for most people it's the only way to either open up opportunities or figure out what they want to do. Plus with more and more people having degrees, most employers in a lot of fields won't even consider your resume without some extensive experience or recommendations, two things that are really hard to come by.

The number of people who know exactly what they want to do, how they want to do it, and have the drive to stick to a plan after high school is rare. And I would argue the same is true for some college grads. College is expensive, but it's a necessary investment for a lot of people.

[mrg666]

Originally Posted by towch

Jesus, i am shaking because i looks like i'm about to pull the trigger on this student loan lol

Don't be funny! This is just student loan and that is just a car. A nice car though, but just a car.

[towch]

So let me tell you guys a story. I almost pulled the trigger on a 2016 audi a3 etron premium plus with tech and performance package for 23k. The title is rebuilt status. I know its says rebuilt but its far from it, the cars fender and mirror was damaged during transportation to dealer and was then marked as totalled which I think makes sense since car belonged to dealer atm.

Any current owner bought said car and repaired damaged. Said car with clean title goes for 45k easy. It only has 1500 miles on it and the plastic bags are still on back seats and passenger.

I decided not to buy after checking carfax, it valued the car at 19k. But that was just what I convinced myself is the reason not to buy.

Why did I consider it? Its an Audi, the interior and tech is top class, the price is a steal.

Why I was hesitant...resale value (more likely to drive it to the ground if I'm being honest), fwd, performance.

It it happened to be rwd or awd I probably would have gotten it lol.

[nikitopo]

Audi a3 etron?

[towch]

Originally Posted by nikitopo

Audi a3 etron?

[g_money]

Bottom line is the interest rate on a car means you pay back a fixed amount of money at the end of your loan duration, whereas the student loan debt never stops accruing and will only cost you more the longer you wait.

I'm 25 year olds now, graduated with like 26k in student loan debt in 2015, IT guy as well. 6K in savings, paid 1000$ a month towards loans as often as I could. I made the choice to cut into my loan payments for my 2015 FRS and house payments. No going back now, but I wish I had paid off the student loans before diving back into another kind of debt. I made it down to about 9k left within the 2 years since graduation.

The student loan debt sucks to pay off but you're literally losing money every month they still exist, and my loan interest was always based on the entire principal until the loan was paid off. So one year loan for 7.5K accrues interest at like 6.5% until paid off. It makes me feel like I'm bleeding money.

IMO pay off your loans and keep the remainder for your cushion savings. Seriously consider getting a used car, the money saved can be used to mod it to better suit you than a stock 2017 would. Either way take out a loan for the car and put down enough to get the best rate possible (check Credit Unions).

I wanted a new Focus RS so bad but I passed on it due to reality setting when my old car died and my funds weren't "in order" which was really just me trying to lie to myself and think I could do it. I've only had my FRS a few months now but I've gotten a promotion that allows me to consider the payments for a Focus RS, but after I finish my 9k student loan debt. In this circumstance I avoided losing money on buying new and still got a car with under 12k miles with 3 years of warranty coverage on the car (longer than I'll have it if things go well).

As inspiration I'll go pay off another chunk of my debt right now. Its about that time.

[Ernest72]

A student loan is totally worth it if the degree you got equals a good paying job that you would not likely get without that degree.

A BMW is almost never a good financial decision.

I would pay off loans and drive a cheap used but reliable Honda. When these loans are done reward yourself with that nice car.