WTB 2gb GSX, WRX, EVO - Page 3

bigboostingst · 02-10-2010

I already have a job lined up with Axiomtek, (the company I interned with) so no worries!

**Kracka** · 02-10-2010

Quote:

Originally Posted by bigboostingst

I already have a job lined up with Axiomtek, (the company I interned with) so no worries!

Looks like you're in good shape then. If you're confident in your job not falling through (bad economy, etc.) then your $12k would make for a good down-payment on a nice WRX or Evo and you could take out a loan for the rest. When you're setting your budget don't forget to account for rent, utilities, and all the other misc. crap that you never expect but always pops up. The last thing you want to do is stretch yourself thin right off the bat coming out of college.

If you're responsible and realistic with your money than taking out a few loans can be great for your credit rating which will save you a lot of money down road; especially when buying a house. Shop around and make sure you're getting the best possible APR.

**scheides** · 02-10-2010

Save save save. Buy with cash, not loans if you can.

bigboostingst · 02-10-2010

hmmm, thanks for all the info guys! If i do have a small loan out on a car(for a decent evo 8), say $5-6000, how much is that going to effect me when the time comes to buy my first house? That is basically the only thing I would be worried about when it comes to a loan. I also have a few thousand in apple shares that I bought back in 05 for 1/5 of their current price just in case something bad does happen!!!!

**Kracka** · 02-10-2010

A loan for $5-6k would have a payment of under $200/month if you do a 3-4 year loan (all depends on your APR of course). To get a decent fixed rate mortgage though you're going to need a good credit history/score which isn't possible without having a few loans and credit cards (not carrying a balance) on your record. My wife and I have both had 2 auto loans and have carried a few credit cards since college and both of us have excellent credit which really helped a ton when it came time to buy a house. The biggest thing is to not stretch yourself thin and NEVER miss a payment or make late payments a regular occurance.

bigboostingst · 02-10-2010

Perfect, exactly what I needed to know!

TkrPerformance · 02-10-2010

Just buy a evo. I have never had to take out a loan for a car or to build one of my many cars. Just save up and buy it out right. That is what I did when I bought my spyder new got a lot better of a deal because it was paid for in cash. Ended up with it out the door for 22k. I would love to have a new evo but will not take out a loan for one so I built my evo III and put way more into it than it would have been to buy a new evo 10. But I like it a lot more because no one elec has a rhd old evo in Mn and there are less than 10 in the US that can drive on the street. So I know where you are coming from when you want stock and build it your self.

bigboostingst · 02-10-2010

Yeah, your evo III is very unique. Actually I believe I've been to your house before, I bought some 2gb gsx rims from you a couple years ago when I first started dsm's. Its good that someone knows where I'm coming from. I steer away from cars with mods, any rich guy can buy a fast modded eclipse/evo/wrx....But its way more satisfying when you build it yourself!

turbotalon1g · 02-10-2010

^Truth.
Glad to see you got steered the right way. If you currently have a ride, I would say take your time finding something that you want there have been a ton of deals on nice evos as of late.

If you don't mind travelling I can keep my eyes open down here. Some guy just sold a low miles evo 8 for a great price.

bigboostingst · 02-10-2010

heck ya man keep me posted, I'm actually from cedar which is very close to Blaine....I lived about a block off hwy 65!

**Kracka** · 02-10-2010

Aaron is actually in Oklahoma right now which I'm sure is what he meant. I can keep an eye out in Dallas too.

bigboostingst · 02-10-2010

jees, you guys are all over the place, but that would be great if you guys could keep me informed! I drove my srt-4 home from florida when I bought it, and I'm definitely down for another road trip!

**Kracka** · 02-10-2010

If you can afford it get a 06-07 WRX or an Evo IX. The interior quality improved greatly on the 2006+ WRX, plus it has the 2.5L engine. The Evo IX has a lot of subtle improvements over the VIII that really add up.

ylimert01 · 02-10-2010

I bought my 02 wrx with 123K now has 147K I have had minor problems with it, lots of little issues mostly due to modding it and racing it. Mine is the 4eat which is much stronger than the manuals. Any car you modify runs the risk of giving you problems, as they say you can only pick two ..fast, reliable, or cheap.

Constant_Project21 · 02-10-2010

If I were in the market for a newer performance car, I'd be buying an evo. I like the idea of being able to work on a similar platform to my current car, and not having to re-learn stuff.

**mlomker** · 02-10-2010

It's great that most of you guys pay cash for things...keeps you out of a lot of trouble. I only put 50% down on my car. I owe quite a bit less than the insurance company would pay out so I'm not worried about it.

My credit score is pretty high. You can't get that without having loans and using credit. I put almost everything on AmEx and pay it off at the end of the month. Frequent flier miles!

**Kracka** · 02-10-2010

Quote:

Originally Posted by mlomker

My credit score is pretty high. You can't get that without having loans and using credit. I put almost everything on AmEx and pay it off at the end of the month.

My wife and I do the same, except its a Visa. The reason we do it is to get all the rewards and cash-back stuff. It seems like since we moved down here we've been getting $100+/month cash-back with all her travel for work and the purchases for the house. Using credit is great as long as you're responsible with it and don't carry a balance.

turbotalon1g · 02-10-2010

I used to live a block of 65 in blaine, by the old ace hardware now I live off 242 and radisson.

But yeah Im down in OK right now, i know that I would drive anywhere for a car thats all

**Shane@DBPerformance** · 02-10-2010

It isn't hard to pay cash for a $2000 DSM.

My wife uses her Amex for cash back like that on business travel, but I hate it when people use rewards cards at my shop.

Since the rewards actually get paid by us. Credit card companies don't pay for shit, fraud falls on the shop/store, reward cards are paid for by jacking the percent we pay in fees when we accept one of those cards. With the amount they make on transaction fees alone, they shouldn't need to charge interest.

**asshanson** · 02-10-2010

Quote:

Originally Posted by ecoli

With the amount they make on transaction fees alone, they shouldn't need to charge interest.

Bank/issuer really only makes money on the interest.

Visa/MC/etc takes a percentage on each transaction, basically fixed

The acquirer (or processing company) negotiates the individual rates a store will pay for each type of transaction. Whatever Visa/MC doesn't take, they keep.

I've been trying to pay people in cash lately, just withdraw the amount before I go to pay, stick it to the credit card companies, haha.

Oh and on-topic - please buy my Talon that was linked

Or an Evo would be a good choice.