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Member Car Journals Want to keep a long term Camaro project journal to share with the community? Use this forum to create a single thread which you can update over time to document the progress.

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Old 06-24-2009, 11:41 PM   #26
Luny
 
Drives: Future Camaro
Join Date: May 2009
Location: LI NY
Posts: 141
Quote:
Originally Posted by Dr Jekel View Post
I think it's awesome that you are saving for this car, like I pressume most have been. Being young I would like to give you a challenge just to ensure that this goal of yours can be accomplished.

First figure out how much the car will cost with tax license etc... then deduct your down payment. Next go talk with some banks in your area and find out what a elative payment would be , for the sake of this let's say 475.00 a month,( which will require a large down payment) add in insurance say 100.00 a month plus one tank a gas a week say 60.00. Then for the next 6 months put 635.00 into a savings account. If for any reason you have to pull any of the money out then you can not afford this car and may have to wait to either put more money down, get a better job or simply wait till you can afford it.

While this may not be the popular thing, it is the best things to do and a valuable lesson for any purchase you are thinking of making. Of course you will have to also consider cellphone payments, date money etc... IMO I would rather see you wait a little and get what you want and be able to afford it and able to enjoy it, rather than having to work just to make a car payment, not smart. You seem to have a good head on your shoulders and I think you will make a good decision. Thanks
funny u say that lol... ive been doing the very thing u just mentioned, im 20 and planning on getting an SS and what i did was calculate how much money i make in a month and spend in a month, i currently make about $1,400 a month at my job, have $6,000 in a savings account (aka Camaro account lol) and want to put anywhere from $10,000 - $12,000 down, now in my camaro account i want to be able to have ATLEAST $2,000 to spare once i make that down payment in case i get into any trouble financially (which i doubt my job seems pretty secure but u never kno) i should be able to save anywhere from $750-$900 a month depending on how often i go out on weekends, so lets say on avg its $825, by march i should have another $6,600, i get a xmas bonus at work also so lets say thats an even $7,000, then i get my tax returns, if they are the same as last year thats another $2,000, which is a total of $15,000 by march

what i did was calculate all my bills, which arent much since i live at home with my parents, i include the current gas i use now, any items that i usually spend money on now every month, and even took out an estimate of how much money i can spend a month withouth hurting my chances of ATLEAST $750 a month

i suggest u sit down for about 2-3 mins and do the calculations, i do it everyday at work and my coworkers think im crazy, which i am, crazy in love with a sexy beast (camaro lol)
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Old 06-28-2009, 07:42 PM   #27
2010Camaro2LTRS
$4,000 To Go!!!
 
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Drives: 93 Z28
Join Date: May 2009
Location: Illinois
Posts: 112
I changed my mind today, i saw a black SS today driving around and i am sold. I never thought about getting a black car, but now that i finally saw one, im gonna order one. Check my sig for my updated camaro plan.
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Old 06-28-2009, 07:48 PM   #28
ljustin293


 
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Drives: 2010 VR CAMARO 2SS/RS
Join Date: Aug 2008
Location: GA
Posts: 15,092
Quote:
Originally Posted by 2010Camaro2LTRS View Post
I changed my mind today, i saw a black SS today driving around and i am sold. I never thought about getting a black car, but now that i finally saw one, im gonna order one. Check my sig for my updated camaro plan.
haha..I've changed my mind many times...check out my plans if you get a chance..good luck and I hope all works out for you!
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Old 08-12-2009, 02:45 AM   #29
2010Camaro2LTRS
$4,000 To Go!!!
 
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Drives: 93 Z28
Join Date: May 2009
Location: Illinois
Posts: 112
Alright got an update on my camaro everyone. Some things have been coming up which is really frustrating me with my current car. My 2004 explorer hit a huge nail on this bridge in our town and it completly shot the front tire. Had to put alot of money aside for those tires which really set me back for my car. I also have been getting stuff for college and stuff which is also really setting me back which i didnt think about before. I obviously want education first because without a good job, i wont be able to get anything i want. So i have made the decision/sacrafise to wait until the first quarter of 2011 and get a 2SS Vert. I am still thinking of getting a Black SS with White Stripes. Im just wishing that these things didnt pop up that set me back for my ordering on Christmas this year. But i have to be happy with what i have now, so i can be happier in the near future, with a brand new 2011 2SS Vert in my driveway! Thanks a lot to everyone for your constant support on this long journy that everyone is on for our cars. Everyone drive safe (these things are beasts) and enjoy!
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Old 08-12-2009, 04:58 AM   #30
oilman63
rjt ordered 10-15 2ss
 
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Drives: 2010 2SS badass camaro
Join Date: Mar 2009
Location: east coast
Posts: 220
Something always comes up.Life.Take your time.Count your money.calculate your expense's.Everything.It's pretty much all been said on this thread.Talk to your parents.I know they may very much not support the idea of you getting a camaro.Or they might I don't know.But parents always have good input.Deciphuring what they say is what's important.Your young.If you have to wait a little longer that's ok.You might go a little nuts in the mean time but don't put yourself in a pickle. Make sure you can afford it.
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