Xr6t And A Mortgage?

[Tocchi]

im an ROV pilot (underwater robotics).

enough said. lol

[arronm]

What it all boils down to is CASH, if you have alot you can buy many things.

[Jake27]

I'm 18 and paying to do my Commercial Pilot License at the moment which is taking a lot of money out of my pocket.

I just spent $24k of my own money on a BFII XR6 since I'm still on my green p's and have to wait another 21months until I think about a turbo.

I'm still living at home until I finish my CPL and can afford to move out while still being able to buy all the toys I like

In hindsight I should have stuck to my budget tighter for the XR6 since I'm going to be running out of funds towards the end of my commercial license, the private license that I just finished cost me about $15k and the commercial with a few extra ratings is looking at about $40k.

But it will all be worth it if I ever get to control an A380

[Gloo]

Since every one seems to be getting into this threat might as well put my 2 cents in.

Im 19, bought my xr6t 2004 when I was 18 and have owned it for just under a year now. Im a civil construction worker, tax man says im worth just over 60k a year. When I get my job I didn't earn much, the day the banks said I could get a loan for my car I got one. So in 8 or so months I have saved close to 20g while paying off my car with the associated fee with a 18 year old owned a 25k turbo sports car *5 grand insurance* and paying 150 bucks a week board, am looking at buying a house. Not going very well, banks look at me being 19 with a 25 grand loan against my name and only earn 60 - 65 grand a year they only want give 200k. Which wont get me a decent house. Well something ill settle for.

In the next year my pay will go up to 90k with company goodies like car and phone. So I might just have to sit it out another 12 months before I buy a house. When I dont have to use my t as my daily or use my own phone for work it will make a big difference to savings. Well see

OR..... Buy some land.

Bottom line is, I chose the car first, house later, but in all fairness not much later. I cant get the house I want now because of my car, but im a car enthusiast, and I work 10 - 12 hours a day 5 - 6 days a week. I need to start and finish my day driving my baby. Its half the reason I get up every morning.

[scar]

Im 32, a project manager in the mining industry but not for much longer, own my own house and my T outright and have 3 other mortgages.

Moving to the Gold Coast in 3 weeks where I plan to go into semi retirement for a few years, so more than likely I will end up selling the T to downsize to something more economical lol. Choosing quality of life at this time and with the current economic climate the mortgages I do have are self servicing(rental) so they will keep going.

I couldnt justify a new car till I was 29, up until then I drove nothing worth more than $10 000, but its been worth it as I like to believe my future is secure.

[Marky Mark]

I can proudly announce that I am only days away from rejoining the ranks of XRT ownership with a 2005 BA Mark 2 in Velocity Blue with Premium Sound currently being prepped by Rebel Ford. As stated in an earlier post, have been struggling with a mortgage and all the usual expenses and had to sell my original XRT a couple years back. BTW you wouldnt believe it - my original car just came up for sale and I did ring the owner but my finance company said it was too old and so I'm going for a newer one. Will post photos when it arrives.

Cheers and Happy New Year All Ford Lovers

Marky Mark

[ronburgundy]

I'm 27 (well, 28 in May) and just got the new G6ET. No way could I have afforded it without the Ford employee (courtesy my bro-in-law) discount plus the add'l incentives they were offering for December.

I'm a manager in a chartered accounting firm in Melbourne CBD, making decent coin I guess you'd have to say especially given my age! I've been married almost 11 months and have 3 stepsons, oldest is 11 and youngest is 5. Living in Melbourne's west and have what is statistically speaking an 'average' mortgage. The car is salary packaged as I do over 25,000kms in a year. By having it salary packaged (financed via a novated lease) I save probably around $3k a year over what it would cost me if it wasn't packaged.

Happy to give anyone some advice if they are thinking about packaging a car! A turbo is a good car to package as the running costs are high relative to the cost of the car.

[TaHa]

Im 20. I own my BA XR6T and my VY Clubsport. Ive got a mortgage just bough another house with the parents for 660k (so 1/3 of the house is myne) Me and dad are self employed Painting contractors, we pritty much work 7 days a week, roughly 8-10 hrs per day. Have a sunday off maybe once a month or so. Keeps me out of trouble

[azasturbo]

Just turned 30, sold my ba xr8 I had owned since new and told myself I needed to be sensible and buy a house about 6 months ago. Bought a hyundai thrashed it for 6 months and decided stuff it I miss my fords to much and just bought a bfmk2 xr6t.

So I ended up with a mortgage my new home, my xr6t and my Jeep worked out well for me.

[Worm]

Hyundai... that's a big step down...

LOL Nice work... Welcome back to Ford!