19

[hambo_12]

Hey. I am reading posts and it seems that the youngest that t owners get is about 22 - 23. I am 19 and in the market for a t ute (bout $43,000 on the ford website). Is a loan of $26000 too much for a bloke my age? (my dad is a primary producer so he gets GST and fleet off, as well as cheap rego, insurance and no fleet price), What do u reakon???

[curious]

When I was your age my priorities were exactly the same. Thinking now I would have invested or purchased land so today I could sell it and buy a ute in each colour. But buddy your only young once. Just dont bend it which is something your age bracket is good at. Treat it with respect. As for the ladies, "if you buy it they will come".

[voy74656]

it really depends on your finances. How much you earn, expenses, eg rent, food, telephone, mobile, car maintenance etc etc etc...the list gets pretty long

The best thing todo is to get out your bank statments and look at whats going in and whats coming out. You'll be able to judge if u can afford it or not and still live normally

[hambo_12]

Cheers Curious! I wont go bending it. It has been my dream now ever since the t was released to get one. I would treat it with great respect (and caution!!). No im not stupid or anything like that, in fact I am a very reaponsible young man

:o :o

[hambo_12]

Voy, I live at home, therefore no rent, food, fone (except mob which aint much), with what I will be paying off, I will still have enough money to actually have a life, and hey, Just found out, pay rise next year!

[curious]

yea so was I, I put my old mans Subaru on its roof three hours after I got my licence. Did him a favour I think.

We laugh about it now but didnt I cop a floggin

[Guest catlike]

Given that it took me 4 decades to get a brand new performance car - I don't think you should get one out of a deep seated resentment & jealousy.

What's wrong with a perfectly good Nissan Pintarra? :lol:

[Mondie]

Hambo,

Only you can answer your question.

The temptation at your age is hard to resist, l know because l have been there. Us oldies will tell you to buy real estate, and you know, we are right. But l am sure that's not where your priorities lie right now. When l was 20 and going to uni, l had two A9X's in the shed, and a XU-1 as my daily driver. Hardly sensibe, but it was a hell of a lot of fun. l sold them when l got my first real job and had a decent deposit for my first property.

So its hard to answer your question. As long as you arent spending all of your spare dosh on the car and have a reasonable amount going into investments/assets (a car isnt an asset!) then why not if you can get it for such a good price. The depreciation you will suffer when you sell it wont be too bad if you can buy it so cheaply in the first place.

[curious]

  Mondie said:

Hambo,

Only you can answer your question.

The temptation at your age is hard to resist, l know because l have been there. Us oldies will tell you to buy real estate, and you know, we are right. But l am sure that's not where your priorities lie right now. When l was 20 and going to uni, l had two A9X's in the shed, and a XU-1 as my daily driver. Hardly sensibe, but it was a hell of a lot of fun. l sold them when l got my first real job and had a decent deposit for my first property.

So its hard to answer your question. As long as you arent spending all of your spare dosh on the car and have a reasonable amount going into investments/assets (a car isnt an asset!) then why not if you can get it for such a good price. The depreciation you will suffer when you sell it wont be too bad if you can buy it so cheaply in the first place.

AMEN brother.

[AMoffat]

  Mondie said:

Hambo,

When l was 20 and going to uni, l had two A9X's in the shed, and a XU-1 as my daily driver. Hardly sensibe, but it was a hell of a lot of fun. l sold them when l got my first real job and had a decent deposit for my first property.

Simon,

How did you manage to do that? Where you selling your body of a night?