Ok here is the deal.. I got my license last august, and my mom and i made an agreement. At the time she wanted a new car and i needed a car, and we went and bought a 2000 celica GT-S 6 speed. She told me i could have it for 6 months and i wouldnt have to pay anything, but i had to get a car in 6 months and pay for it. Well it has been 6 months, and the entire time ive had this car ive been studying rotaries. I want an FD, and i have about 3000$. I work 20 hours a week and can handle a payment. The thing is, she will pay my insurance up to 100$. But i cant afford to pay insurance if i get it financed in my name with her as a guarantor(co signer), because insurance on the car would probably be 250$+ a month. She puts me down as occasional driver and the insurance is cheap. How should i go about getting the loan and the car?

(Please don't flame me over only being 17...i am independent enough to pay my own payment, i can drive well, ive never wrecked or gotten a ticket, and i have respect for others on the road.)

 

hmm.. You'll most likely get raped with insurance. If you want my advice, just save up... The idea is to OWN the car, not the car to own you.



p.s. this needs to get moved

 

Im not going to flame you on your age or your driving habbits. I'll just tell you a lil something....I know the Fd is a dream car to many, inc me for years. when i was 17 i bought a GXL. Im 28 (almost) now and finnaly have had a FD for a bit now. I have a lil brother that is 18, he would love to have a TII but the insurance would kill him. Instead he drives a CRX, still $$$ but not as bad. The FD in my eyes is a japanese supercar. If you can't afford to drive it, or are just getting by on the payments then it is not the car for you. drive something else and save MORE money so you are more comfortable when buying. You should not have to borrow too much or have your mom split some of the insurance. This should be done on your own, and if it cant be done then again i say its not for you.



I have been ridding motorcycles for years....it goes the same for them. People (kids) go and buy these brand new bikes and show up at a hang out. You ask them where their leathers are and they tell you "i didnt have enough for them so ill get them another time". Same answer applies to this senerio. To me if you cant afford everything that is needed, espessially something that will save your life then you should not be ridding.

shawn

 

Wait a few years. You may hate it, but you'll have more problems if you don't. If you have to get a loan just to pay for it, and can barely manage insurance, you won't have enough to keep it going, and far from enough if you want to do anything to it.

 

IF you cant afford to pay (IN CASH), you cant afford to play.



Sorry to be harsh but thems are the cold hard realities of life

 

woo hoo i paid for mines in cash...i saved for a long time...





id suggest getting an older rx, get familiar with the cars and engine and take it from there. FBs are really fun, cheap and cheap to maintain.

 

Yeah, for 3G's you can find a SWEET clean FB and have money left over to play with...shop around. I hate to say it, but as a 7 owner, you kinda have to keep some cash in reserve to finance a possible catastrophic failure...

 

Agreed with everyone. You want advice, they gave you it. I wonder if he will read it though.



I would shop around for a nice FB, or even a nice FC. I got my FC for 1500, and I could not be happier. It is slower than my mothers PT Cruiser, but it is rotary. I would get used to the rotary, what it takes to maintain them. N/A's really are not hard to maintain compared to an FD. Some of the guys on these forums have spent ALOT of money on there FD's. You might be able to afford the car payments, and afford some of the insurance, but could you afford it if your engine blows, you need a new clutch, tranny or other thing?? And afford the car payment at the same time. I myself could afford a FD, through payments, but I want to own it if I have one. But FD's are hard to maintain, especially if you mod them.



Like all said, shop around, and find something suitable for yourself. FD's are a dream car. The stock look will make people stare. When driving around in them in stock trim, people will literally say nice body kit. Ha.



Good luck.

 

Insurence is going to cost you at least 6K a year.

 

if i were in your shoes, which i almost am, except for the getting hours part, i would buy an FB and see how much i actually liked the car, and then if i really like it i would save up for an fd, and by getting an fb you arent really going to be losing as much when you sell it as you would with an fc.