I am buying Lamborghini Diablo

I am gonna graduate college soon a get a job earning around 20$/hour. That is about 3200$ per month. There are people selling used Diablo's for around 100k so if I buy it on a 5 year term, I will pay about 1800-2000 per month. I will have about 1200$ per month to live on, which is totally enough for me.

Must...resist....urge......to......slap.....*slap!* Come to your senses man!

I am gonna graduate college soon a get a job earning around 20$/hour. That is about 3200$ per month. There are people selling used Diablo's for around 100k so if I buy it on a 5 year term, I will pay about 1800-2000 per month. I will have about 1200$ per month to live on, which is totally enough for me.

Lokantis

that's a huge waste of money... have you thought about car insurance? that'll cost you another 600-700 bucks/month

thats spending way too much money TC. dont do that.

[QUOTE="Lokantis"]

I am gonna graduate college soon a get a job earning around 20$/hour. That is about 3200$ per month. There are people selling used Diablo's for around 100k so if I buy it on a 5 year term, I will pay about 1800-2000 per month. I will have about 1200$ per month to live on, which is totally enough for me.

bminns

that's a huge waste of money... have you thought about car insurance? that'll cost you another 600-700 bucks/month

oh **** I forgot about that, gonna have to make it 10 year term then

if like me, you've wanted a diablo all you're life, and 1200 a month is ok for you to live on, do it,

if you want it so you'll be all "cool" with the ladies, and not have enough money to eat, do it anyways so i can laugh :P

9 mpg :(entropyecho

Yeah you forgot about gas aswell as insurance didnt you?

if like me, you've wanted a diablo all you're life, and 1200 a month is ok for you to live on, do it,

if you want it so you'll be all "cool" with the ladies, and not have enough money to eat, do it anyways so i can laugh :P

haris1189

Who needs food when you have Lamborghini Diablo? But seriously, 1200$ a month really is enough to live on, if you get a really cheap apartment

insurance is overrated, unless you want it to be your daily driver, then you're not so smart, buy like a 2000 corolla also, and dont get insurance on the lambo

[QUOTE="haris1189"]

if like me, you've wanted a diablo all you're life, and 1200 a month is ok for you to live on, do it,

if you want it so you'll be all "cool" with the ladies, and not have enough money to eat, do it anyways so i can laugh :P

Lokantis

Who needs food when you have Lamborghini Diablo? But seriously, 1200$ a month really is enough to live on, if you get a really cheap apartment

thats right. just forget about the car insurance and gas expenses huh? by then, youll probably have a 100 dollars per month to eat food.

good thinking tc..

Who needs food when you have Lamborghini Diablo? But seriously, 1200$ a month really is enough to live on, if you get a really cheap apartment Lokantis

If you want to impress me, buy a new one off the lot with cash. JustPlainLucas

I am gonna graduate college soon a get a job earning around 20$/hour. That is about 3200$ per month. There are people selling used Diablo's for around 100k so if I buy it on a 5 year term, I will pay about 1800-2000 per month. I will have about 1200$ per month to live on, which is totally enough for me.

Lokantis

so what, do you want a medal?

Blog it!

[QUOTE="JustPlainLucas"]If you want to impress me, buy a new one off the lot with cash. Tiefster

although you can get a better deal on cars if you pay for them with cash. my friend got a new f150 for $10k cash

so what, do you want a medal?

Blog it!

[QUOTE="bminns"][QUOTE="Lokantis"]

I am gonna graduate college soon a get a job earning around 20$/hour. That is about 3200$ per month. There are people selling used Diablo's for around 100k so if I buy it on a 5 year term, I will pay about 1800-2000 per month. I will have about 1200$ per month to live on, which is totally enough for me.

Lokantis

that's a huge waste of money... have you thought about car insurance? that'll cost you another 600-700 bucks/month

oh **** I forgot about that, gonna have to make it 10 year term then

be smarter with your money.. you know you can't afford a lambo.. i heard somewhere that cars over a certain amount you have to buy outright, and you can't get a loan for them..

seriously tc, listen to most peoples advice here and start off with a normal car.

geting the lambo right now at ure state is not a good desicion at all. dont do it..

[QUOTE="Lokantis"][QUOTE="bminns"]

that's a huge waste of money... have you thought about car insurance? that'll cost you another 600-700 bucks/month

bminns

oh **** I forgot about that, gonna have to make it 10 year term then

be smarter with your money.. you know you can't afford a lambo.. i heard somewhere that cars over a certain amount you have to buy outright, and you can't get a loan for them..

You heard wrong. You have to have killer credit and a good job and proof of financial history.

I am gonna graduate college soon a get a job earning around 20$/hour. That is about 3200$ per month. There are people selling used Diablo's for around 100k so if I buy it on a 5 year term, I will pay about 1800-2000 per month. I will have about 1200$ per month to live on, which is totally enough for me.

Lokantis

EDIT: You can get insurance on it, but it will cost you $800+ a month leaving you with $400 which isn't enough to get you a cheap appartment with a few room mates.

so what, do you want a medal?

Blog it!

[QUOTE="bminns"][QUOTE="Lokantis"]

oh **** I forgot about that, gonna have to make it 10 year term then

TheSylntChamber

be smarter with your money.. you know you can't afford a lambo.. i heard somewhere that cars over a certain amount you have to buy outright, and you can't get a loan for them..

You heard wrong. You have to have killer credit and a good job and proof of financial history.

well there you go, the tc has no chance of getting a lambo coming right out of college. it's a bad decision anyways, hopefully he will learn that soon... if he has a college degree, you would think he should know this by now...

This begs the question: is our children learning? Even if you could find some way to budget for it, no one in today's economy is stupid enough to let someone making $20/hour finance a ~$100k car.PBSnipes

Here is your insurance, assuming you are going to be 22 when you want it, that you have had not accidents or tickets, are single and live in Beverly Hills, CA (the only zipcode I know):



As for gas. If you are travelling 50 miles a day, five days a week; that would be (@ $2.20/gallon) $62 a week, $250 a month.

As for parking. I don't know any way to find out detailed info about parking or storage garages but parking it on the street or in a lot would probably be anywhere from $400-600 a month.

So, outside the car payments themselves, you'll have to committ about $1450 a month to gas, insurance and parking... if you drive it very little.

So in result, if you are paying as little as $1500 a month for the car itself, $2950 of your $3200 in income with be devoted to the car itself. Do you have anywhere that will let you live and eat for free?foxhound_fox

:lol: nice research.. by doing that you just got on their mailing list and will recieve calls about your coverage about two times a week :P

That won't work. At all. You're thinking like an 18 year old.oh_god_ya

If it is not possible to get Lambo making 20$/hour, someone give me an approximate how much would you need to make to do that? Assuming that in every other aspect of your life you live like an average single person, in a little apartment and not spending much money on shopping.Lokantis

If it is not possible to get Lambo making 20$/hour, someone give me an approximate how much would you need to make to do that? Assuming that in every other aspect of your life you live like an average single person, in a little apartment and not spending much money on shopping.Lokantis

[QUOTE="oh_god_ya"]That won't work. At all. You're thinking like an 18 year old.Tiefster