RatFink
Carnivore
It's been eating at me for the last 6 months now.
I'll be 21 in June, and I've got a lot of liquid cash burning away in my bank account right now, and that's only going to grow until the end of August when my stint with oil companies is done, and I go back to school.
My friend bought a 2006 WRX a year ago, and I've been lusting after that car like nobody's business. I could pay for an equivalent one with cash, today. The only thing is insurance would absolutely destroy me. I've seen quotes of up to $5k/year!
My better financial sense says to not buy one because I'll be paying through my nose for it... but of course my heart says otherwise.
I could buy a base Impreza, or equivalent, but I just know that each morning, I would look out the window and just have such a terrible feeling that there are cooler, better cars out there.
Last month I tucked away $5k into a tax free savings account for day trading just to stop me from buying a car at the time. Now though, my cash account is building up again and my mojo is kicking into gear for a car again.
So my questions are: When did you buy your first car? How did you pay for it? Do you look back thinking it was a terrible financial decision?
Please someone, convince me it just isn't right for me to buy a car, and that I can make do with sharing the family car with my parents and brother.
I'll be 21 in June, and I've got a lot of liquid cash burning away in my bank account right now, and that's only going to grow until the end of August when my stint with oil companies is done, and I go back to school.
My friend bought a 2006 WRX a year ago, and I've been lusting after that car like nobody's business. I could pay for an equivalent one with cash, today. The only thing is insurance would absolutely destroy me. I've seen quotes of up to $5k/year!
My better financial sense says to not buy one because I'll be paying through my nose for it... but of course my heart says otherwise.
I could buy a base Impreza, or equivalent, but I just know that each morning, I would look out the window and just have such a terrible feeling that there are cooler, better cars out there.
Last month I tucked away $5k into a tax free savings account for day trading just to stop me from buying a car at the time. Now though, my cash account is building up again and my mojo is kicking into gear for a car again.
So my questions are: When did you buy your first car? How did you pay for it? Do you look back thinking it was a terrible financial decision?
Please someone, convince me it just isn't right for me to buy a car, and that I can make do with sharing the family car with my parents and brother.