What To Do With $10,000?
09-23-2003, 07:09 PM
#21
Senior Member
Join Date: Oct 2002
Location: Phoenix, AZ
Posts: 296
save up the 16,000 and find a car with low mileage with the mods and pay around $12,000 to 15,000.
What you dont want is a car in OK shape or a fixer uper for around 8000 to 10000, which it looks like you are leaning towards.They are a headache and you end up spending a lot more money.
The extra $4000 or so will goes quick. You dont want to be looking at a $5000 to 7000 engine rebuild on top of buying the new car so milage is important.
good luck.
What you dont want is a car in OK shape or a fixer uper for around 8000 to 10000, which it looks like you are leaning towards.They are a headache and you end up spending a lot more money.
The extra $4000 or so will goes quick. You dont want to be looking at a $5000 to 7000 engine rebuild on top of buying the new car so milage is important.
good luck.
09-23-2003, 07:36 PM
#22
Senior Member
Join Date: Feb 2003
Location: Iowa Baby....Oh-Yea
Posts: 212
can you get a loan for 1/2 the car, cause then you would have some left over for tax/title/reliability mods / maintenance / insurance etc..
dont be like I used to be and forget about all the **** you HAVE to pay for just to have the car.
dont be like I used to be and forget about all the **** you HAVE to pay for just to have the car.
09-24-2003, 08:45 AM
#23
Senior Member
Join Date: May 2003
Location: Orange County, NY
Posts: 635
Take your time and buy the car first and then the engine.
I figured I can find a blown FD for $6-7k, and the same for the rebuild (maybe with some mods, and especially if I drop it in myself) for $6-7k as well.
Should be in the $12-14k given that math, and if you only have $10k, finance the rest, its not much and can build credit.
Like someone else mentioned though, be ready for the fact of maintenance with such a car:
Oil
Tires
Insurance
+ the initial tax and title swaps. And shipping for the engine/car if far...
I figured I can find a blown FD for $6-7k, and the same for the rebuild (maybe with some mods, and especially if I drop it in myself) for $6-7k as well.
Should be in the $12-14k given that math, and if you only have $10k, finance the rest, its not much and can build credit.
Like someone else mentioned though, be ready for the fact of maintenance with such a car:
Oil
Tires
Insurance
+ the initial tax and title swaps. And shipping for the engine/car if far...
09-26-2003, 11:43 AM
#27
Senior Member
Join Date: Dec 2002
Posts: 205
Originally Posted by jspecracer7' date='Sep 26 2003, 04:49 AM
I think you should post useful information instead of making snide remarks. Still waiting for one usefull post from you in this section.
09-26-2003, 02:24 PM
#28
Senior Member
Join Date: May 2002
Location: Okinawa, Japan
Posts: 4,928
Originally Posted by rx7freddie' date='Sep 27 2003, 01:43 AM
your a real A hole u know that i was kidding omg.
I'll be an "a$$hole" if I chose so. Just like I'm sure your not really retarded...you just pretend to be REALLY REALLY REALLY well.
09-26-2003, 02:31 PM
#30
omghi2u
Join Date: Mar 2002
Location: Los Angeles, CA
Posts: 7,259
oh and i would do what turbovr6said. be smart and plan for the future. invest in a house and make money off of that. other than that. 10k aint gonna get u nothing but a stock fd that will run for 3 months then sit for another year cause u dont have the money to fix it.
go with a fb or a fc. learn how to drive it before u buy it
go with a fb or a fc. learn how to drive it before u buy it