baboon Member 141 Member For: 21y 4m 28d Gender: Male Location: Geelong, VIC, Australia Posted 26/09/03 03:02 AM Share Posted 26/09/03 03:02 AM Ive read a lot of peoples comments about their new XR6T's and quite frankly I am very jelous! So for this reason I am working two jobs now and saving up for this supreme vehicle.My question is, how much did everyone pay (or are still paying) for their vehicles? How did you pay for you vehicles? Through loan? lease? upfront??The reason I ask is that I have a few options at the moment.1. Get a loan, get the car now! But Im 21.. will I need to pay more insurance for being under 25 or something? And the jobs im doing now aren't very secure so repayments may be a problem in the future.2. Save up as much as I can for another 1 year and make a largish upfront deposit. A new model may come out by then, hence more options again next year.3. Apply for a lease? I've hear stuff about this but no quite sure of the details.4. Win $50 000+ in lotto, keno, poker and spend spend spend! I tend to favour option 4 as it seems easiest :D (well in my dreams it does ) But seriously I find option 2 my best option at the moment as my ea seems to be holding together...Tips, info would be appreciated! Link to comment Share on other sites More sharing options...
SJW Member 122 Member For: 21y 6m Location: Brisbane QLD Posted 26/09/03 03:19 AM Share Posted 26/09/03 03:19 AM sell a kidney. You will have plenty left over for a mail order bride and a few slabs of beer.Seriously,I financed through CBFC at 6.8% on a 100% lease - repayments just under $800 per month. Link to comment Share on other sites More sharing options...
MattB Member 169 Member For: 22y 1m 6d Location: Canberra Posted 26/09/03 03:27 AM Share Posted 26/09/03 03:27 AM I'm doing option 2. Would lease except that it doesn't quite suit my purposes.If your employment is not stable, lease will probably be just as bad as you still need to meet the repayments. When you leave your current employer the deed of novation kicks in - ie the responsibility for the repayments is transferred, or novated, to you. You then have to organise with your new employer to have the lease picked up by them. So if you regularly change jobs, it could be a real pain.Alternatively, drug dealers own pretty good cars. Providing you don't consume your own product Link to comment Share on other sites More sharing options...
Cro Flower Power Lifetime Members 6,114 Member For: 22y 4m 13d Gender: Male Location: Sydney Posted 26/09/03 03:48 AM Share Posted 26/09/03 03:48 AM Novated Lease.Repayments are just under $300 a week, including my fuel, insurance, rego, greenslip, everything... Link to comment Share on other sites More sharing options...
Falchoon I see red Member 5,758 Member For: 22y 2m 6d Location: nowhere in particular Posted 26/09/03 03:48 AM Share Posted 26/09/03 03:48 AM Option 2 is the go I reckon. XR6T series 2 will probably be better and have more power. You could probably pick up a second hand series 1 at a good saving then as everyone (except me) updates. Link to comment Share on other sites More sharing options...
F6 RAPID Formerly Turbo6 Donating Members 2,332 Member For: 22y 1m 15d Location: North Brisbane Posted 26/09/03 03:51 AM Share Posted 26/09/03 03:51 AM I went out the back and grabbed a branch off my money tree. Link to comment Share on other sites More sharing options...
SILXR8 Member 75 Member For: 21y 5m 15d Gender: Male Location: Sydney Posted 26/09/03 04:26 AM Share Posted 26/09/03 04:26 AM I'm getting mine as a facilities car, hehehe. I manage about 15km's a day from home to work.Mine will be leased as a company car, I pay roughly $350 per fortnight for everything. could never afford it if it was retail cause there is a huge difference in price between retail and fleet. Link to comment Share on other sites More sharing options...
bcl Toughest BA Turbo Lifetime Members 3,408 Member For: 22y 1m 30d Gender: Male Location: Sydney Posted 26/09/03 04:31 AM Share Posted 26/09/03 04:31 AM Friday afternoon fatherly advice. Stop dreaming and buy property instead. Get a new car when you are a bit older and can afford it and have built up a reasonable no claim bonus.You wil lose money on cars.My son won't listen, so I guess you won't either.brian Link to comment Share on other sites More sharing options...
baboon Member 141 Member For: 21y 4m 28d Gender: Male Location: Geelong, VIC, Australia Posted 26/09/03 04:35 AM Author Share Posted 26/09/03 04:35 AM Unfortunately illeagal substances are out of the question B) and I think I'll keep my liver until I want to buy a house :D Hmm its interesting to hear peoples replies. It seems that the majority so far are on a novated lease. Some are paying around $800/month and some are paying $300/week.How many years does the lease last for? Are there any restrictions? (ie. keeping it under 40 000 kms?)thanks for help fellas, any new ideas would also be appreciated Link to comment Share on other sites More sharing options...
baboon Member 141 Member For: 21y 4m 28d Gender: Male Location: Geelong, VIC, Australia Posted 26/09/03 04:39 AM Author Share Posted 26/09/03 04:39 AM bcl, my father tells me the same thing too heh heh!I'll keep that advise in mind... I'll save up as much as I can for 1 year and see what happens, possibly look into property later.. dunno...Im seriously hoping I win lotto though !! ! ;D Link to comment Share on other sites More sharing options...
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