Shaolin
03-20-2004, 10:53 PM
welp, i'm sure everyone of us has ran into a situation like mine in the past or at this time.. currently I own a 2000 Civic SE, paid in full off the lot so there's no financing or whatever..
Currently i'm in a secure position at my work, making reasonable amounts of money, not awesome money but good enough that i can consider myself pretty well off at this time.
I have a plan to buy a house in approximately August of 2005 with a 20% downpayment, at the current rate, i have no problem in achieving that goal.
I'm also in a process of a job change, i'm 95% sure I got the job, but i'm not certain.. Anyways, if i get this job, my estimate salary should increase by about 6k.
Currently I pay for school and will graduate with my degree in 2005.. but will be pursuing designations after i graduate. (I pay for school, but my parents re-imburse me the money that automatically goes into my portfolio).
Now to the question. I've always wanted a WRX, i guess I fell in love with them when I lived in HK, and when they touched down in North America a few years back, I definitely wanted one. If you were in my position, would you go out and buy one? (Taking into consideration of buying a house, and my current job situation.)
What i'm thinking about is.. well I can drive my civic for another year, and maybe look into doing a swap, and save myself the money. But then again, i'm weighin the option of buying a new WRX (or maybe a year old WRX) to swapping an engine in 2005 (probably more cost effective right?). The only kicker is that I bought this car with cash, and i'm different in respect that I'm not using it till it dies.. (taking depreciation into account) I should be driving this thing for another 5 years minimum to get my money's worth.
I looked at the Subaru website and find that my monthly payment will be approx 400 a month to finance (including ALLl taxes and since I don't pay for insurance it's not taken into consideration).
If you haven't already figured out, I'm very cheap with my money, and I am constantly monitoring my finances to make sure it is to my standards..
what would you guys suggest?
Currently i'm in a secure position at my work, making reasonable amounts of money, not awesome money but good enough that i can consider myself pretty well off at this time.
I have a plan to buy a house in approximately August of 2005 with a 20% downpayment, at the current rate, i have no problem in achieving that goal.
I'm also in a process of a job change, i'm 95% sure I got the job, but i'm not certain.. Anyways, if i get this job, my estimate salary should increase by about 6k.
Currently I pay for school and will graduate with my degree in 2005.. but will be pursuing designations after i graduate. (I pay for school, but my parents re-imburse me the money that automatically goes into my portfolio).
Now to the question. I've always wanted a WRX, i guess I fell in love with them when I lived in HK, and when they touched down in North America a few years back, I definitely wanted one. If you were in my position, would you go out and buy one? (Taking into consideration of buying a house, and my current job situation.)
What i'm thinking about is.. well I can drive my civic for another year, and maybe look into doing a swap, and save myself the money. But then again, i'm weighin the option of buying a new WRX (or maybe a year old WRX) to swapping an engine in 2005 (probably more cost effective right?). The only kicker is that I bought this car with cash, and i'm different in respect that I'm not using it till it dies.. (taking depreciation into account) I should be driving this thing for another 5 years minimum to get my money's worth.
I looked at the Subaru website and find that my monthly payment will be approx 400 a month to finance (including ALLl taxes and since I don't pay for insurance it's not taken into consideration).
If you haven't already figured out, I'm very cheap with my money, and I am constantly monitoring my finances to make sure it is to my standards..
what would you guys suggest?