# NYSpeeds Financial Advisors... **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [March 6, 2008, 11:52pm UTC](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585 "2008-03-06T23:52:57Z")\ **Posts on this page:** 10\ **Page:** 4
**Author:** ![maybe\_memories](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/maybe_memories/32/5053_2.png) [@maybe\_memories](https://forums.speedlife.net/u/maybe_memories)\ **Post date:** [March 7, 2008, 11:07am UTC](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585/61 "2008-03-07T11:07:34Z")
> [@Matt Danger](#): > > You know, you have a way nicer car now than I did at your age. I think the best thing for you to do would be to visit NYSpeed and any other car forum a little less. I think seeing other people’s evos makes you want want want. > > At your age if you REALLY want to have 2 cars (a DD and a project) then your DD needs to be a beater than you don’t have a loan on. Your project should be another \<$5000 car that you don’t have a loan on. This is not a limitation of your age, it’s a limitation on the fact that you probably don’t make enough at your age to justify a car payment and all the associated costs. > > I did this and I know others on here who’ve done it. You need to realize that even though you want want want this certain type of car (this week at least) you don’t fucking need it right now. x2, either keep the vw or trade it in for a car of similar value. ---
**Author:** ![Matt\_Danger](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/matt_danger/32/4981_2.png) [@Matt\_Danger](https://forums.speedlife.net/u/Matt_Danger)\ **Post date:** [March 7, 2008, 11:11am UTC](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585/62 "2008-03-07T11:11:21Z")
Just wait 7 days and you’ll change your mind and want something else. ---
**Author:** ![Shrives](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/shrives/32/7250_2.png) [@Shrives](https://forums.speedlife.net/u/Shrives)\ **Post date:** [March 7, 2008, 11:14am UTC](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585/63 "2008-03-07T11:14:01Z")
Your gti can’t be that bad in the snow. You should have bought actual snows. My lowered 96 jetta has hakka q’s and she is a fucking tank this winter, no problems whatsoever. Looking into a 20k+ car is a retarded idea. Stop trying to live right at the max of your means, one slip up with car/work/anything financially and you will be fucked. The way i look at it, when you’re making 10/hr you shouldn’t be driving a 25k car. Save your pennies, buy a mid 90’s honda if you hate VW so much, and keep your bank for when you move ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [March 7, 2008, 11:14am UTC](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585/64 "2008-03-07T11:14:10Z")
**Oh and just wanted to make this clear. I’m really listening to everything you’re all saying and I REALLY APPRECIATE IT. All consideration has been made, I’ll most likely save up a shit ton of cash and wait until next summer, possibly pick up a 1k honda to put some miles on in the mean time. I know I’m capable of banking alot of cash and I usually always get what I want. I’m going to make sure I really time this right so I can afford and enjoy it. Thanks again everyone.** ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [March 7, 2008, 11:16am UTC](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585/65 "2008-03-07T11:16:28Z")
> [@Matt Danger](#): > > Just wait 7 days and you’ll change your mind and want something else. lol I’ve been wanting an evo for months, I can’t just tell nyspeed that, I’ll get torn apart. Need proof? click back to page 1 and re-read the thread lol. > [@Shrives](#): > > Your gti can’t be that bad in the snow. You should have bought actual snows. My lowered 96 jetta has hakka q’s and she is a fucking tank this winter, no problems whatsoever. > > Looking into a 20k+ car is a retarded idea. Stop trying to live right at the max of your means, one slip up with car/work/anything financially and you will be fucked. > > The way i look at it, when you’re making 10/hr you shouldn’t be driving a 25k car. Save your pennies, buy a mid 90’s honda if you hate VW so much, and keep your bank for when you move I got real snows, they work fine, just the fact that I plow the road is getting old, as is the temptations to mod it. ---
**Author:** ![Shrives](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/shrives/32/7250_2.png) [@Shrives](https://forums.speedlife.net/u/Shrives)\ **Post date:** [March 7, 2008, 11:19am UTC](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585/66 "2008-03-07T11:19:41Z")
> [@cky89](#): > > lol I’ve been wanting an evo for months, I can’t just tell nyspeed that, I’ll get torn apart. Need proof? click back to page 1 and re-read the thread lol. > > I got real snows, they work fine, just the fact that I plow the road is getting old, as is the temptations to mod it. last year i drove a lower car than that through the winter? ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [March 7, 2008, 11:20am UTC](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585/67 "2008-03-07T11:20:41Z")
> [@Shrives](#): > > last year i drove a lower car than that through the winter? It’s my 2nd winter driving, I can’t claim to be an amazing driver, you know how 18 year old kids are… ---
**Author:** ![psphinx81](https://avatars.discourse-cdn.com/v4/letter/p/e9a140/32.png) [@psphinx81](https://forums.speedlife.net/u/psphinx81)\ **Post date:** [March 7, 2008, 11:22am UTC](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585/68 "2008-03-07T11:22:42Z")
this thread rules ---
**Author:** ![cky89](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/cky89/32/4945_2.png) [@cky89](https://forums.speedlife.net/u/cky89)\ **Post date:** [March 7, 2008, 11:23am UTC](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585/69 "2008-03-07T11:23:45Z")
> [@psphinx81](#): > > this thread rules My stubbornness makes me=:bloated: ---
**Author:** ![eclipsed](https://avatars.discourse-cdn.com/v4/letter/e/bbce88/32.png) [@eclipsed](https://forums.speedlife.net/u/eclipsed)\ **Post date:** [March 7, 2008, 12:04pm UTC](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585/70 "2008-03-07T12:04:38Z")
you shouldn’t be spending more than your gross annual pay on the price of a car. in other words, if you make 10/hr, or essentially $20,800/year, you should not be buying a $30k car. i think a SAFE and CONSERVATIVE route to take is that it is ok to spend 1/3 of your gross pay on a car. so if you make 60k, then a 20k-25k car is reasonable. if you make 100k, then a 30-40k car is reasonable. a better rule of thumb is that you should spend between 2x your gross pay on a house. ie, if you make 75k (total household income) then a 150k house is reasonable. people spending beyond their means to satisfy material wants without regard to long term affordability and consequences is one of the main reasons we are in the current economic downward spiral. bottom line = IF YOU MAKE 20k/year, you SHOULD NOT be purchaing a 30k car. [Previous page](https://forums.speedlife.net/t/nyspeeds-financial-advisors/44585.md?page=3)