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What do you think? ("toy" car question)

464 Views 10 Replies 11 Participants Last post by  MrPotatoes
What do you think? (\"toy\" car question)

My question is kinda long, but I'm curious what you guys think.

I recently traded in my '00 for an '05. I love my new car and have already started doing some basic mods, but haven't invested much money in it because of lack of job.

In the last two weeks I got hired on at two jobs within and plan to keep both for a while. One job will be full time with overtime, and the other is aware they will need to work around the higher paying jobs scedule.

Now this brings up my question. I will of course have a good chunk of spare change, doing the math, after bills, I will have a minium of $750 left over at the end of the month, and during the summer at the main job I could be looking at almost double that because of overtime. When I bought the 2nd Focus I said I wasn't going to do any mods because I didn't want something that stood out or was going to have any problems in the future. Of course that didn't hold up.

The Focus to me is a "Toy Car" meaning you work on making the car better, faster, and nicer. Beleive me, if I had $750 spendable a month you can bet I'd make Walter Marcy a very happy man.

Do you guys think it would be a good idea to toss in the towell on the Focus and upgrade to something like a S2000 or WRX. Both cars I have wanted for a long time, but may still want to modify, due to the aftermarket available to them. Or just go for the gold, and get my dream car a silver BMW Z4, which I would never have to add a single aftermarket part to.

Basicly, I'm going to be spending the same amount of money every month, which one makes the most sense?
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Re: What do you think? (\"toy\" car question)

the phrase "don't count your chickens before they're hatched" comes mind.
Re: What do you think? (\"toy\" car question)

how old are you? you seem like a young guy still.... why not save a good chunk of that money and invest it or start savin for a house?
Re: What do you think? (\"toy\" car question)

Look up Fidelity, put half of your "expendable" income into an account with them. That way, when you're 50-something, you can retire early and spend some of that 30 million dollars you've earned on a "real" toy car.
Re: What do you think? (\"toy\" car question)

Look up Fidelity, put half of your "expendable" income into an account with them. That way, when you're 50-something, you can retire early and spend some of that 30 million dollars you've earned on a "real" toy car.
x2. do your research before investing tho.
Re: What do you think? (\"toy\" car question)

I hate it when people say that. Invest your money so when your 50 you'll have 30million dollars.

Ok, first off, when your 50 your going to not want to do the "fun" things you can do NOW. 30million dollars at 50yrs old is stupid. Sure, you can buy a fast car at 50, but seriously, how much fun ARE you going to have at 50? And what if you don't live that long? So you start saving now, your 45 yrs old, with only another 5yrs before you can retire, and claim all the money and you die. Bam, so all that money you could have spent on something to enjoy your life then, but you invested it, and then you die, with no fun memories! :p

Just my thoughts...Feel free to hate them or like them!
Re: What do you think? (\"toy\" car question)

You honestly don't plan on having any fun after 50?

I'd say your "plan" for your late life is a little flawed but I guess we all take our own path. Personally, I'm of the opinion that life after 50 will be a wonderful time. You should be settled enough financially at that point to really be able to start enjoying the money that you've put away. If you've invested intelligently and that time comes before 50 than life is that much better. I don't think I'd plan your finances around dieing before 50.

I'd say putting half of your spare money away is a pretty good plan. If not for your eventual wealthy retirement, than at least for the times where life isn't quite as fortunate as it seems to be for you now.

As for your original question. I'd have some fun with the Focus.
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Re: What do you think? (\"toy\" car question)

Ok, first off, when your 50 your going to not want to do the "fun" things you can do NOW. 30million dollars at 50yrs old is stupid. Sure, you can buy a fast car at 50, but seriously, how much fun ARE you going to have at 50? And what if you don't live that long? So you start saving now, your 45 yrs old, with only another 5yrs before you can retire, and claim all the money and you die. Bam, so all that money you could have spent on something to enjoy your life then, but you invested it, and then you die, with no fun memories! :p
I plan to have an assload of fun after 50, thank you.... 50 isn't even remotely old.


Besides... on the flip side, invest nothing now, and end up having to work until I die at 75 because I can't afford to sit around and do nothing.

There is a practical middle ground.
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Re: What do you think? (\"toy\" car question)

I would do what sounds like you want to do, get a nice car, and also do what others have said, invest some of the money.

So go with the s2000 or wrx, drop the focus, and save a little bit of money. Unless you're buying brand new s2000 or wrx, you should still have some extra money to put away. Mods are fun and everything, but I would much rather have a s2k with a few minor mods than a focus with a lot of stuff.

But that's just me!
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Re: What do you think? (\"toy\" car question)

Look up Fidelity, put half of your "expendable" income into an account with them. That way, when you're 50-something, you can retire early and spend some of that 30 million dollars you've earned on a "real" toy car.
x2. do your research before investing tho.
my dad works there. vice president of some branch. and i still can't get a job there. haha!
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