what would you do

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04-24-2003, 11:06 AM

CMJ2232

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what would you do

hey everyone i just joined. i do not have a subaru as of right now. i am 17 and here is my question. when i turn 18 i will be getting some money and i am trying to decide what to do. right now, i have a 95 civic ex with about 100, 000 miles. i do not know whether to sell the civic and use that money and the money i get when i turn 18 to get a new wrx or to invest the money and stick with the civic until i get out of college

. what do you guys think that you would do? oh yea, i turn 18 in january so i still have plenty of time to decide, i was just getting opinions. i know that is a long way off.........

04-24-2003, 11:12 AM

Zoeb2s

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Car Info: E92 M3, E70, F32, E21

I would sell the civic then get the WRX when you're 18, BUT..make sure you can afford the WRX while you are in college...remember insurance is going to be a lot more for the WRX, and you will want to modify it..but insurance is the main concern..as long as you can afford the insurance then go for the WRX...

Last edited by Kevin M; 04-24-2003 at 08:56 PM.

04-24-2003, 11:18 AM

CMJ2232

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my stepdad pays for my insurance on the civic and he said that i would have to pay the difference between the two. I think it is about 700. i went to driving school (drivers ed is impossible to get in at my high school and this lowers my insurance by 10 or 15 %) and i also get money off for good grades and some booklet i filled out for the insurance company. anyone know how much i should expect to pay. i will have to check with my agent in the end but just a guess would be helpful.
thanks for the replies

04-24-2003, 11:19 AM

Kenn

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Location: Berk, CA

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If was smart 8 years ago when I was 18, I'd invest the money without thinking twice. $26-30k (tax, interest, etc.) is a hell of a lot of money when you're 18, and even with conservative growth estimates, it'll turn into enough to buy any car you could possibly want - start when you're 18 and you won't even need to wait until you're old and gray.

Also, remember that buying a new car is going to cost more than list + destination. It'll cost more for regular maintenance, insurance (lots of younger people here are paying over $1500/year), gas, tires and so on. And you know you'll be driving more so that'll all add up even faster.

If you take decent care of it, that civic will last another 100k miles without breaking a sweat. I say keep it, save your money, and buy an STi and a big house when you're a few years out of college

04-24-2003, 05:16 PM

o4wrxSTi

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Quote:

Originally posted by Kenn
If you take decent care of it, that civic will last another 100k miles without breaking a sweat. I say keep it, save your money, and buy an STi and a big house when you're a few years out of college

but that takes too long

get the wrx!

04-24-2003, 06:28 PM

CMJ2232

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exactly, i have to drive by the dealership all the time and i don't think i will be able to wait that long. they are just too tempting and i think i heard one calling my name yesterday

. i don't have the will power to wait, i will probably buy one when i get the money.