HellionXR6T I'm Back!! Thats right, long over due! :) Lifetime Members 4,348 Member For: 21y 5m 15d Gender: Male Location: West Brisbane Posted 28/09/03 04:13 AM Share Posted 28/09/03 04:13 AM Great advice from the more mature members of this forum. Don't follow my example for heaven's sake!(Champaign taste + goon budget) * weak will = "Oh Crap"! We are on track now though. Just have to live with an N/A that is almost stock "T" status. Link to comment Share on other sites More sharing options...
Lord Cyric Just sit back and enjoy the ride...! Donating Members 1,121 Member For: 20y 7m 26d Gender: Male Location: Sydney, NSW Posted 28/09/03 06:43 AM Share Posted 28/09/03 06:43 AM Until recently, I've been going through the "job insecurity" thing for the past 18 months (large worldwide IT company merger). It's made me hold off on doing a lot of things like buying property. Getting a good pay packet is great, but not when you are constantly looking out for that "Dr Death" dude from your local HR dept. :asthanos: Now that things are much calmer at my work and my boss (who lives in Singapore) has proved to me that he wants to keep me in his team, I felt safe enough to start making moves... Step 1 - new car... an XR6T of course! Took advantage of a really good deal on a novated lease through work, and given my job I shouldn't have any problems doing the required miles to make it worth my while tax wise.Next up is some property... just waiting for the right one to come by before I take the plunge. Link to comment Share on other sites More sharing options...
ROBiiE Donating Members 62 Member For: 20y 9m 8d Location: Sydney Posted 28/09/03 09:32 AM Share Posted 28/09/03 09:32 AM that's not too bad robbiie. Whats the residual and lease term?Lease is 4 yrs. Residual is 37.5%, $17500 + GST.Don't forget though at the end of the lease you have the option to re-lease the car again. Although in 4 yrs who knows what Ford or other car manufacturers will have Link to comment Share on other sites More sharing options...
turbotrana Member 2,586 Member For: 21y 20d Gender: Male Posted 28/09/03 01:04 PM Share Posted 28/09/03 01:04 PM I'm worth well over a million bucks (have heaps of properties mainly inherited), my wife several million, 37 y/o and I drive a $2000 EA falcoon. I still dont feel I can afford a new BA turbo (million bucks not much nowadays). I suggest you do what I'm doing now. I'm spending about 10 -15 grand on my turbo system for the EA for about 550 to 600 whp. I just luv whipping quick factory cars with a modified sleeper. In any case I'd wait a few years till a series 2 BA turbo drops in price and out of warranty. Then I'll modify the BA for 550-600whp. Link to comment Share on other sites More sharing options...
Guest mvec Guests Posted 28/09/03 09:07 PM Share Posted 28/09/03 09:07 PM Million bucks not enough??!?What are you gonna do with all that money? You can't take it with you when you die! Link to comment Share on other sites More sharing options...
PhantomUte Member 26 Member For: 20y 9m 8d Location: Gold Coast Posted 28/09/03 10:49 PM Share Posted 28/09/03 10:49 PM PhantomUte, is that with insurance, fuel and maintenence? That is cheap dudeNo just the straight lease from ford credit, its a ute as well so it is a bit cheaper then the sedans, which makes the leasing costs less. It was $45K on road, insurance isn't to bad its just under $1200/yr (I am 24 so I am very happy with this, most insurance companys wouldn't insure me till I am 25) Link to comment Share on other sites More sharing options...
MattB Member 169 Member For: 21y 3m 2d Location: Canberra Posted 29/09/03 04:52 AM Share Posted 29/09/03 04:52 AM I'm worth well over a million bucks (have heaps of properties mainly inherited), my wife several million Baboon,This is the best advice anyone can offer, and is what I intend to do. Although I've already got my own house sorted (thankfully before the market went nuts!), don't worry about investing in houses, shares, gold, antiques, paintings, bonds, foreign currency, derivative contracts or anything else whatsoever.Go buy your T. Finance it for 5 years with bugger all deposit.Then....MARRY RICH!!!Get wifey to pay for it.Trust me, I'm an economist. :D Link to comment Share on other sites More sharing options...
baboon Member 141 Member For: 20y 6m 24d Gender: Male Location: Geelong, VIC, Australia Posted 29/09/03 05:46 AM Author Share Posted 29/09/03 05:46 AM Go buy your T. Finance it for 5 years with bugger all deposit.Then....MARRY RICH!!!Get wifey to pay for it.Trust me, I'm an economist. This man is good! You may have a point there mate :D But for now, I think I'll stick with saving as much as I can for another year, and before christmas next year I will decide what to do with it all. Although knowing me, I will find something else interesting and spend all my money on it and be at the same position as I am now, next year. :o Now, where did I put that rich wifey bait... Edit: spelling Link to comment Share on other sites More sharing options...
aaronmihe Upstanding Member Member 759 Member For: 20y 7m 15d Location: Canberra - ACT Posted 29/09/03 05:50 AM Share Posted 29/09/03 05:50 AM Actually I'd say the most sane advice is to live the life and lifestyle you enjoy - which is why I rent a $500K property and have been through 3 new cars in the last 5 years.Yeah I'm wasting cash but I'm happy. I hurt no-one with this approach and have got my retirement fund stitched up thanks to an impressive investment scheme and generous employer provisions.I'd rather my cars and lifestyle than sitting at home in front of a 34cm TV wondering if my 2 minutes noodles have cooked properly just so I can own a few other properties and be worth "millions".But to each their own - some people combine lifestyle and property investment and others think that owning property is the key to happiness. The real key is doing what you want to be happy.Aaron (28, Flippant, and poor) Link to comment Share on other sites More sharing options...
Guest mvec Guests Posted 29/09/03 08:03 AM Share Posted 29/09/03 08:03 AM I agree with you aaronmihe. Enjoy it while you can I say. Coz tomorrow may never come. Link to comment Share on other sites More sharing options...
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