Questions for some of you guys that work at Corwin
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Since AFAIK, you just got out of high school, im gonna give you a bit of advice, unless your parents or someone else are putting up a large chunk of the money for the car (or all), don't put yourself into huge debt when you are just getting out on your own, that is about the worst thing you can do.
You can get a very nice/comfortable/reliable/quick car for $10k or less, and be a lot better off. It will depreciate much less (that $25k car will be a $15k car in a couple of years, not the best place for your money to go) and give you more options. Spend that money on education, or at least save it so you can buy a house or something that is a much better use of your money.
Thats just my advice, feel free to not listen and piss money away for the next couple years while making crap money and struggling to get by but owning a nice car.
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inspector01;310070 wrote:
Since AFAIK, you just got out of high school, im gonna give you a bit of advice, unless your parents or someone else are putting up a large chunk of the money for the car (or all), don't put yourself into huge debt when you are just getting out on your own, that is about the worst thing you can do.You can get a very nice/comfortable/reliable/quick car for $10k or less, and be a lot better off. It will depreciate much less (that $25k car will be a $15k car in a couple of years, not the best place for your money to go) and give you more options. Spend that money on education, or at least save it so you can buy a house or something that is a much better use of your money.
Thats just my advice, feel free to not listen and piss money away for the next couple years while making crap money and struggling to get by but owning a nice car.
Truth.
Trust me it gets really old paying $450+ a month on just a car. It may be cool for a while to be young and have a nice car but you don't want to put yourself in that situation. Find something thats a reasonable price and figure out what you can afford comfortably and find something for a little less because you will have to pay tax, title and license. Tax on a $27,000 dollar car is no joke plus insurance, maintenance.
DO NOT WAIST YOUR TIME WORKING FOR JUST A CAR!! Trust me i've been there.
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Jake, you have my phone number (701.541.3484)...call me sometime and we'll figure out a time to look for a good car for you. I can help you out on any of the 3 corwin lots AND can help you find the car that is both fun and reliable and affordable (payments AND insurance). I'm there from 11:00 to 9:00pm tonight and 8 to 6 Fri & Sat.
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Also, just because you don't see a car on our lot it doesn't mean that we don't have it. We have from 30 to 100 cars waiting to be cleaned up at any given time.
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Gundar1;310074 wrote:
Truth.Trust me it gets really old paying $450+ a month on just a car. It may be cool for a while to be young and have a nice car but you don't want to put yourself in that situation. Find something thats a reasonable price and figure out what you can afford comfortably and find something for a little less because you will have to pay tax, title and license. Tax on a $27,000 dollar car is no joke plus insurance, maintenance.
DO NOT WAIST YOUR TIME WORKING FOR JUST A CAR!! Trust me i've been there.
still are pretty much lol
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It's for sale...what do you want to know about it?
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Gundar1;310101 wrote:
Nope!k you were TILL now
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well i am looking to get about 6grand for my mustang and i have always been against the whole leasing and loan kinda shit because i dont wanna be in debt but my step mom thinks i should sell it and use this as a stepping stone to build some credit and this way i will have a newer car with less milage and we wont have to worry about any major problems soon and stuff. She told me to look with about 10-15 grand on my mind but i might as well get something nice right? And i told her i don't want to be spending $400 a month on a car payment but like she said i will be making 2500-3000 a month so its not all to much.
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wishinsky;310113 wrote:
well i am looking to get about 6grand for my mustang and i have always been against the whole leasing and loan kinda shit because i dont wanna be in debt but my step mom thinks i should sell it and use this as a stepping stone to build some credit and this way i will have a newer car with less milage and we wont have to worry about any major problems soon and stuff. She told me to look with about 10-15 grand on my mind but i might as well get something nice right? And i told her i don't want to be spending $400 a month on a car payment but like she said i will be making 2500-3000 a month so its not all to much.If you want a car to build your credit, buy something in the 10k range, have $6k to put down, have a loan for 4k, then build your credit that way until you figure out how to manage your money and live on your own. You'd be surprised what other priorities you have in life...plus a car is basically the WORST investment you can make. Get a small credit card, pay your bills with it, pay it off every month, and thats how you get credit without losing your ass. At worst case scenario, I wouldn't rush this until you completely understand what you are getting yourself into with a car payment...
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You going to be around tonight Jake? We I'd love to help you decide your best path.....that might mean that you don't buy from me and I fine with that. I can assure you I will direct you in the direction that makes the most sense for you.
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Rexwagon;310118 wrote:
good luck getting 6k on your mustang for trade.Agreed, a friend of mine traded in a ~02-03 Mustang V6 with like 30k miles on it and got $3-3.5k for it, you won't get anywhere near that.
You sound like you are headed towards a horrible financial situation, and your step mom sounds like she gives horrible financial advice. Where are you going to be working right out of high school starting at 2.5-3k a month?? Is this before or after taxes?? It can be done, i used to make $4k+ a month in the summer, but most jobs you won't start out anywhere near that with just a high school diploma. I think you are in for a rude awakening in the real world.
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If you know of a job that pays that much right out of HS let me know, I'll move down to Fargo and work with ya.
-Eric
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Rexwagon;310118 wrote:
good luck getting 6k on your mustang for trade.No i ain't looking at a trade in. I am just going to try and find some one to buy it
Trafik Jamz;310123 wrote:
You going to be around tonight Jake? We I'd love to help you decide your best path.....that might mean that you don't buy from me and I fine with that. I can assure you I will direct you in the direction that makes the most sense for you.Nah not tonight i won't be.
inspector01;310124 wrote:
Agreed, a friend of mine traded in a ~02-03 Mustang V6 with like 30k miles on it and got $3-3.5k for it, you won't get anywhere near that.Thats why i am hoping to sell it instead of trading in. I mean its in mint condition damn there. But it needs new tires and it has 97k on it now
You sound like you are headed towards a horrible financial situation, and your step mom sounds like she gives horrible financial advice. Where are you going to be working right out of high school starting at 2.5-3k a month?? Is this before or after taxes?? It can be done, i used to make $4k+ a month in the summer, but most jobs you won't start out anywhere near that with just a high school diploma. I think you are in for a rude awakening in the real world.
Actually idk about the whole financial thing. I took 5 classes school wise for financial stuff and i scored a 92% on a test which put me in the top 10% in the nation and i was one question from getting a free grand. I am pretty smart with my money for the most part. ( I work at ND Natural beef-Dakota farm, tender bison) i will be making $2500 to $3000 a month and pracs on the weekends so i shouldn't be hurting for money to bad. And my step mom did the same thing when she graduated she traded in her Grand am got 10k put 5k towards a 16k Gtp and paid off a 11k loan in a couple years and she is doing just fine.
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wishinsky;310133 wrote:
Actually idk about the whole financial thing. I took 5 classes school wise for financial stuff and i scored a 92% on a test which put me in the top 10% in the nation and i was one question from getting a free grand. I am pretty smart with my money for the most part. ( I work at ND Natural beef-Dakota farm, tender bison) i will be making $2500 to $3000 a month and pracs on the weekends so i shouldn't be hurting for money to bad..lol That's funny.
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