new homeowner -should I buy another Z28? or wait a year

**flat-top** · 05-24-2011, 10:44 AM

In January this year, I bought my first house. Everything is pretty much new. I have no credit card debt.

I've always had a car, many Camaro's and an 06 GTO. I miss having a car.

I do have an 06 Silverado 2wd crew cab.

The Camaro I found is an 02, NBM, loaded, t-tops, leather, 6spd, all original, 48k mile car. It's exactly what I want. $10,500

Should I buy it? it's only $244 a month for 48mos. Total payment for both cars is $591 a month. My mortgage is less then most peoples rent.

yes, no, maybe...save your money you're a homeowner now.

and NO I won't give you the lady's number for the car.

thanks,
Jeff

**Spaz** · 05-24-2011, 10:46 AM

do it!!!

**FasstChevys** · 05-24-2011, 10:56 AM

Originally Posted by Spaz

do it!!!

X eleventy-billion!

**Spaz** · 05-24-2011, 11:16 AM

wait... where is this car at???

**flat-top** · 05-24-2011, 11:36 AM

it's in VA.

Spaz, do you have another car other then the TA? I guess I'm all jacked up about getting a 4wd...for what...6 snow days?

**Spaz** · 05-24-2011, 12:13 PM

Originally Posted by flat-top

it's in VA.

Spaz, do you have another car other then the TA? I guess I'm all jacked up about getting a 4wd...for what...6 snow days?

no other ride atm... what about waiting another year and the possability of a vette???

**flat-top** · 05-24-2011, 12:21 PM

can't afford a vette. This is $10,500...plus I love t-tops...plus a backseat..storage...

I'm used to Camaro's....so this is it.

**Spaz** · 05-24-2011, 12:23 PM

Originally Posted by flat-top

can't afford a vette. This is $10,500...plus I love t-tops...plus a backseat..storage...

I'm used to Camaro's....so this is it.

i'd say go for it... better to regret something you have done than something you haven't, in my book...

**666ws6** · 05-24-2011, 01:53 PM

Nothing beats financial stability though. Investing in the house has a better turn around, so for 10k you could redo kitchen or deck, finish basement, etc. Boost your resale value if you plan to move in the next 5 years... Or stash some into a 401k. I know it's not fun, but smart.

Of course, if you feel solid in those areas.... live it up! Buy it! Mod it! Race it!

**wileyCoyote** · 05-24-2011, 06:32 PM

well, hard to weigh in w/out knowing your finances, and the condition of your house... congrats on the new house, BTW! ..but i can tell you that a home can cost you a lot, if something breaks - for example last year i had to get a new furnace/ac, so there was like a sudden a $9000 cost... a million other things could spring up on you - roof leak, washer/dryer, refrigerator go "kaput", etc..

**flat-top** · 05-25-2011, 10:49 AM

for now, everything is/was new when I bought it. 60yr old house that was re-habbed by the seller. No plans for upgrading it. It's good for now.

The home inspector said to put a fund away for a roof. (That's why I'd sell my 04 YZ250f)

perhaps I'm paranoid of getting what I want.

**INMY01TA** · 05-25-2011, 07:14 PM

I moved into my new at the time house in Dec 2000. Ordered my TA in March 2001 and had it the next month. Go for it.

**TLS_Addict** · 05-26-2011, 02:50 PM

Go for it if you can. Want to know how my friend funded his last motorcycle purchase?

He had a credit score of 720 which is "ok" but could he higher for a 28 year old. His rate was something like 5.9% on $9,000 for 4 years. Well, instead of paying for the interest he paid for the bike on a credit card. He then took that amount and sent it over to another credit card that wouldnt charge interest for a year. He then paid the bike off in 10 months and avoided any interest and he says his insurance was cheaper because he didnt have a loan on the vehicle either.

Not sure if he is telling me fibs or if he was serious but he said it with a serious look on his face. lol

**7998** · 05-26-2011, 03:08 PM

I'll give you some boring advice. If you have a nice chunk of savings to repair a "wtf" on the house go for it. If not save enough to to be comfortable if something happens like a roof or heater etc. But if you have that money get the car and don't look back, enjoy a little bit of life, it's short.

BadBlueBird* · 05-26-2011, 03:42 PM

at that price if you regret it you can resell the camaro and not lose much at all.

**damianj03** · 05-26-2011, 08:51 PM

i would put moneys into the house and sell it iin a year or to for more than i bought it for.

**flat-top** · 05-27-2011, 04:23 AM

Thursday is the day. Picking up the check from the credit union today.

I'm starting to get excited about it. Going to keep it stock except for window tint....for now.