Under 25 Yr olds buying '010 Camaro's

[OC CAMARO]

Whhoooo hooo! Under the age of 25 here!

[SECjunky]

under 25 checking in!!... just finished college have a job making good money... saved up a good amount, and getting 10k for the car I drive now, ALLLL going towards the 'maro

[SleepWarz]

Originally Posted by calflan

Have read a few threads here with people under 25 that are buying new Camaro's. Most have the means and a plan to pay for and have done their homework before buying and ensuring they are able to afford. Some have even saved for a few years and are putting large payments down before they buy.

At better than age 40, I have to say this is very refreshing and encouraging to read. Perhaps the next gen has a clue about financial credit, debt and responsibility more than they are given credit for.

Congratulations and good for you that fall into this category, you MAY just restore the economy it appears some of my age group screwed up (possibly out of greed) after all !!!

For you that fall into the age group, but not the 'plan ahead' category, you might want to take a lesson form your peers.

22 Been saving up for years, gonna put over half down on my 2ss =)

Working graveyard, but I like the night.

[Grandeos]

Thanks for the kind words of encouragement!!

Personally, Im 23, and just graduated college as an Industrial / Automotive Designer.
Purchasing the Camaro entirely on my own, and DAMN PROUD OF IT!! My first new car !!
I have a full-time job as a consultant for a firm that does all of GM's CGI work for their website and print media.
On top of that, I run my own independent design company here in Detroit, working on everything from cars, buses, body kits, footwear, packaging, graphics, websites, product strategy, marketing strategy, etc etc.

Gotta work hard to play hard !!!

["prima"Donna]

Originally Posted by ffrcobra_65

Forget the Camaro, I just want to be in my 20's again!

But the Camaro makes us FEEL LIKE WE'RE 20 AGAIN!!!!!!!!!!...I get younger and younger every time I drive it...

[MakGrl]

25, Worked hard for a couple of years and saved good money to put down, still working, living with fiancee in an apt and will be graduating in another year with a Psychology degree.
Ordering this month and hopefully getting it for my bday in Jan.

["prima"Donna]

KUDOS AND WAY TO GO!!!!...you all have your "heads on straight" and are making very financially sound decisions that will carry you through life if you continue on that path...........

[cstproductions]

16 here, im paying for alot of it and will eventually pay for all of it in time.

[98_Camaro]

Originally Posted by "prima"Donna

KUDOS AND WAY TO GO!!!!...you all have your "heads on straight" and are making very financially sound decisions that will carry you through life if you continue on that path...........

It's the libra in me- supposedly we're good with money (if you believe that astrology stuff).
Me, I'm going to work my ass off over these next couple of years taking any work I can get just to save up for this. Who knows, maybe I'll go ahead and buy a 2012 Camaro brand new. Maybe I'll just buy a used 2010 Camaro and call it a night.

But then there's insurance... Being 18 in a couple years, my rates will be fairly high...

[Xmicro_SS]

I would hate to be a young adult growing up in these times. It is hard enough to save for cars and school. Then you have many job fields shrinking instead of growing, and the prices of houses in many places (especially NY Tri-State Area) are rediculous. You will be 38 by the time you can get your own house.

I bought my first house when I was only 21. I worked from the age of 13, full time from 18. Back then in 1991, it was only about $165,000 for my house, good luck finding a samll condo for that.

I think if I was that age, I would save my cash for a house and wait for later for the cars.

Own a $30,000.00 + car to sit in moms & dad's driverway..........nahhhhh.
Maybe not a smart as you say, Just my 2 cents.

[cstproductions]

Originally Posted by Xmicro_SS

I would hate to be a young adult growing up in these times. It is hard enough to save for cars and school. Then you have many job fields shrinking instead of growing, and the prices of houses in many places (especially NY Tri-State Area) are rediculous. You will be 38 by the time you can get your own house.

I bought my first house when I was only 21. I worked from the age of 13, full time from 18. Back then in 1991, it was only about $165,000 for my house, good luck finding a samll condo for that.

I think if I was that age, I would save my cash for a house and wait for later for the cars.

Own a $30,000.00 + car to sit in moms & dad's driverway..........nahhhhh.
Maybe not a smart as you say, Just my 2 cents.

38 and having your own house? I think thats a little ridiculous and it all depends on what field you get into.

[TheSpartanPope]

I graduated with my MS in Accounting in May and just turned 23 on July 25th.

My black 1LT is scheduled to be produced the week of 8/24. On top of that, I'm expecting to close on a house in September. All I can say is that I'm beyond excited!

[Blacc Mamba]

I'm 17 and My dad's putting the downpayment enough for me to be able to afford the payments each month and insurance

[txaggie_08]

Originally Posted by Xmicro_SS

I think if I was that age, I would save my cash for a house and wait for later for the cars.

Own a $30,000.00 + car to sit in moms & dad's driverway..........nahhhhh.
Maybe not a smart as you say, Just my 2 cents.

I completely agree with this statement. Its not as smart as you say it is to be this young and buying a $30-40,000 car. The only way its a smart decision is if you still have ~$20,000 sittin in the bank, and are able to still put a large down payment on your car.

Its not smart to strap yourselves down for the next 6 years with a car payment. That will put you behind later in life. You shouldn't finance a car for longer than 3 years.

Just my $.02 as well