Going Into Debt For A Car.

[ras1983]

debt while your studying for a car that will most probably have serious problems in the future is not a smart thing to do....

most of our imports have been thrashed to the shit house over in japan even before they get here, the km's are always wrong so you should at least do the 100 000km service on what ever car you get no matter if the odometer says its under or over 100 000km's.

before uni i worked full time + a shit load of overtime to buy my car out right, have enough for insurance, and an extra Few thousand incase something went wrong.

Also if you borrow on the car and something gos wrong a month down the track, can you afford to be paying for a car that needs repairs, aswell as repayments on the car, aswell as complete your uni without failing subjects and work enough to keep earning $300/week???? once you get into this cycle you are f*ked...

and your at uni right, lets say RAS1983's calculations are correct.... uni books arn't cheap, don't know about you but last year i spent nearly $1000 just on uni books, depends on your uni, subjects and if you can get 2nd hand ones or not....

your young and have friends that want to do things, go to movies, have something to eat, petrol, possible girl friend.... bla bla bla

general maintenance of the car, turbo cars shud have oil change every 5000km, plus regular servicing, tyres from anywhere of $80 each or more, brake pads,

then the good bit come in a year later, ctp green slip, most people pay around $600, i got mine down to $300, insurance again, rego, pink slip (assuming it passes).

I garantee you will be in the red, and if you don't you will either sell the car anyway and waste allot of money or be a slave to working more hours and increase the risk of getting sick more often, common colds, glandular fever (you'll be off work for a month nearly) general stress...

Thank you Tom. Finally someone who understands what the real point of this thread is.