[Motivation] What Car do you have?

No driver license yet, better stuff to spent 1.5k usd on atm. My first car will probaly be a lamboghini though.

Your first car will never be a 200k+ usd car. No insurance will allow you to drive it.
I'm not saying you can't get a lambo. Just saying insurance companies do not like to give insurance to expensive luxury cars.
 
I drive Kia Rio 2006.

Buying Mercedes Benz C250 Sport 2.0 2011 this summer either July or August. White! Will post the pics once I acquire the car.

Car this summer, house next summer. It's inevitable :)
 
My advice (take it for what it's worth!)...

SAVE for the things you want.


There is a big temptation when you finally start making 'proper' money to go mad and upgrade to big mortgages and car payments... TRY to resist.

In an industry where incomes can bounce a great deal, often through very unexpected marketing swings, it's prudent to save for the things you want and avoid large 'monthly payments'.

Work your way up gradually.

My major goal was to be cash/asset positive. i.e. no mortage (in a good-sized house), no car payments, no credit card debt, no loans, and a decent cash-reserve/savings. I had 'nice' cars while going through this, but nothing really exotic/over the top. Not until I could afford them cash.

Believe me, buying your dream car with cash is a good feeling; especially when you have no other debt in the world. That kind of security really helps you sleep at night.

And with cars, they're often poor investments, so cover yourself and buy good examples in popular colours that are 3-5 years old with low mileage. This will dramatically reduce the depreciation.
 
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I got my new Car, Sold the Old one..Now I own 1 Civic 2012 ..I am a Bike Lover but never got chance of Bike Racing or Getting a Good Bike like to know what Bikes you own.
 
Currently I've a 110cc bike :P Yeah too low end. Now I'm 18 and hopefully I can get myself a good car when I am like 20 :)
 
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I drive Kia Rio 2006.

Buying Mercedes Benz C250 Sport 2.0 2011 this summer either July or August. White! Will post the pics once I acquire the car.

Car this summer, house next summer. It's inevitable :)

First of all, sorry for bumping this thread but I finally bought it. Not C250 and not 2011. C200 and 2010.

995040_10201396107815061_701241686_n.jpg

No car loans or financing :)
 
A little more than a year ago when I started doing SEO, it was beginning of 2012 (dead of winter) and I was driving a 1997 Buick Skylark that had windows that were stuck down, muffler hanging onto the ground, smelled of gas constantly and should not have even been on the road:

1997 Buick Skylark Custom_2.jpg


I am now driving a 2004 Nissan 350Z:

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I wouldn't get caught up too much in the "build your credit" fiasco, in my 25 year old opinion it is best to finance only when you are going to earn a higher % on your cash than you are losing by paying the interest on your loan + whatever value you place on building credit, which (IMO) should be very low since having a high down payment on your home loan is going to do a lot more than having a little bit better of a credit score and less cash to put down when you apply for the loan.

My car - One that is paid for!


I'm not going to give the details, but after starting IM, three-months later, I bought a new vehicle and paid cash.

Awesome feeling and needless to say the dealer didn't expect it. Much respect you get though from the dealer when you are writing a check for it all.

Later I realized that paying cash does not help with your credit score. It may have been best to finance the car and then quickly paid it off so that I have the good marking on the credit score for larger home purchases.

Don't get caught up in image though.

In response to OP's question, I drive a 2003 Toyota Camry and hate driving it more than any car I have ever driven. That being said it also has never broken down or left me stranded for 7 years now, and probably has kept me alive on multiple occasions when compared to the car I would have purchased had I not gotten a good deal on the Camry. Before I get too old, I would love a 1997-1999 Mitsubishi 3000GT VR4 but I have more important things in my life to finalize before I start frittering money away on a fancy car!
 
My goal is to buy this car(as second car) until next summer :angel10: you can buy used(2012) for 25-30k in Germany where i live
Mercedes-Benz SLK 200

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i agree with walandio. i love american muscles and i want to buy a ford mustang, but not the cabrio one :P
 
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