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| Scion FR-S / Toyota 86 GT86 General Forum The place to start for the Scion FR-S / Toyota 86 | GT86 |
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#1 |
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Decided On FR-S... but...
Hey everyone! I was asking some questions about the FR-S and BRZ to try and decide which I wanted...
Well, I'm going to try and make a long story short and ask for a last bit of advice... I had a 2007 Hummer H2 that was stolen and I did well with insurance. I invested that money into some real estate I was working on with my dad. I'm a music producer and I have some pending placements that could take about 6 months to come through. They are big $ placements. To be honest, I've had my heart set on a GT-R for awhile but I don't want to pull the trigger on one until these placements come through and I know financially what is happening... I really like the FR-S and because I don't have any wheels I feel like it'll be a great car that I can drive while I wait for things to unfold... If I 2 year finance an FR-S, what are my options in a year if I'm free and clear to buy a GT-R and I'm still financing the FR-S? I've never done this before so I just want to know my options... |
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#2 |
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Kouki-Monster
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be patient
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Rich Anderson
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#3 |
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Put enough down on the FR-S so that you can sell it for more than you owe after 2 yrs worth of payments. Then you can either sell it (best option) or trade it when you are ready for GT-R purchase.
If you can get an excellent rate the interest you end up paying (and taking the hit on depreciation) may be worth it to have a vehicle 2yrs + plus any positive impact the auto loan will have on your credit history. That is up to you to decide based on your situation. |
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#4 | |
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Quote:
(Then i import it to here and rebadge it. Then i drive like i stole it)
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#5 |
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still head for a gt-r i love em it would be my first choice, But i dont have $90000 just sitting around
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#6 | |
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![]() That's one good way to get rid of a Hummer! I'd finance it for a 36-48 month term, overpay so you have some equity in it when it comes time to trade in, or pay it off in 2 years and sell it privately to make more $$ than you could if you traded it in. Have you driven a GT-R? I've heard more than one person complaining about the GT-R being too much of a robot to have any fun in. Someone on here even sold one for a Toyota 86, in Hong Kong I think? Another guy I was talking to is considering getting rid of his for a Cadillac CTS-V. In any case, I hope you get the FR-S because I'm sure you'll love it!
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| The Following User Says Thank You to Turbowned For This Useful Post: | HotLeopardMama (07-16-2012) |
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#7 |
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If you are talking about waiting 6-12 months, get a used car that has good resale value (Honda, Toyota, Mazda, etc) then turn around and sell it for basically what you paid, and get either the GT-R or FR-S/BRZ if things don't work out as well as you planned.
Buying a new car and then selling it a year or less later is never a good idea. You lose thousands the minute you drive the car off the lot. |
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#8 |
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Would love to have these #firstworldproblems :]
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#10 |
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Sensitive.
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#11 |
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If it's only 6 months I'd buy a used car that's already taken most of the major depreciation. Something popular/economical that will retains its value and be in demand so if you want to sell it in 6 months you can easliy. Then decide on the FRS or GTR depending on the situation you are in. my 2c.
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#12 |
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I think this is rather silly considering he owned an H2 and is considering a GT-R. A worst-case scenario still probably doesn't place FR-S depreciation remotely close to those vehicles.
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#13 | |
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Spaceman
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I could easily be wrong. Sent from my Galaxy Nexus using Tapatalk 2
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#14 | |
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Quote:
Sorry, but buying almost any car brand new and then selling it in 6-12 months results in depreciation. You honestly think a 6-12 month used FR-S that you paid MSRP for won't be worth thousands less used? |
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