Moderators BarManBean Posted March 7, 2013 Moderators Share Posted March 7, 2013 I could pay the car off now, but honestly auto loans are so cheap right now I feel I'm better off investing my money in something else. "Bullet-proof" your OEM TMIC! <<Buy your kit here>> Not currently in stock Link to comment Share on other sites More sharing options...
BoozeRS05 Posted March 7, 2013 Share Posted March 7, 2013 Paid cash home slice EB's Subaru journal - 2005 LegacyGT Wagon & 2014 Forester FB25 (2008 specB - RIP) IG@legacygtliving Link to comment Share on other sites More sharing options...
Zero1 Posted March 7, 2013 Share Posted March 7, 2013 I could pay the car off now, but honestly auto loans are so cheap right now I feel I'm better off investing my money in something else. I have so little left to pay off I couldn't really finance the amount but my rate is stupid high compared to rates now. Forced to move back to Kansas, lost my job, and am broke so squeaking by on little to nothing and thankful I have my pops to keep a roof over my head! If I didn't have a car payment I would be in a lot better position right now lol Link to comment Share on other sites More sharing options...
mitchw Posted March 7, 2013 Author Share Posted March 7, 2013 Yea dont $222 a month on $4k not that long anymore. So can't say I would pay my car off. Link to comment Share on other sites More sharing options...
Nolmers06LGT Posted March 7, 2013 Share Posted March 7, 2013 I could pay the car off now, but honestly auto loans are so cheap right now I feel I'm better off investing my money in something else. I got my auto loan for less than 4%.. When my student loan interest is between 6% and 11%, I'm better off paying the loans down first. This thread is flawed- $10k is just enough money to overbuild one aspect of the car. Once you blow that money, you still have to build the rest of the car. Link to comment Share on other sites More sharing options...
LosAngelesLGT Posted March 7, 2013 Share Posted March 7, 2013 Just dont put as many ebay Chinese parts as you can on your car, inflate an airboy to read 50whp high and tell everyone how much bettar your car is. Link to comment Share on other sites More sharing options...
mitchw Posted March 7, 2013 Author Share Posted March 7, 2013 Just dont put as many ebay Chinese parts as you can on your car, inflate an airboy to read 50whp high and tell everyone how much bettar your car is. ^^^:lol: Link to comment Share on other sites More sharing options...
Moddiction Posted March 7, 2013 Share Posted March 7, 2013 Interest rates are white low now. I make much more money off my money then I lose with interest I'm paying. I was going to pay off the car in 1 year but doesn't make economical sense to pay it all off to save maybe $800 over the whole term. WWW.MODDICTION.COM Moddiction Stainless steel and Titanium shift knobs. Drivetrain, suspension, brakes, exhaust, cooling, fuel, gauges+MUCH more! Link to comment Share on other sites More sharing options...
Moderators BarManBean Posted March 7, 2013 Moderators Share Posted March 7, 2013 Yeah, my previous loan was 2%, the new one is 1.49%. May as well be free. "Bullet-proof" your OEM TMIC! <<Buy your kit here>> Not currently in stock Link to comment Share on other sites More sharing options...
mitchw Posted March 7, 2013 Author Share Posted March 7, 2013 Yeah, my previous loan was 2%, the new one is 1.49%. May as well be free. A free lgt that would be awesome. Link to comment Share on other sites More sharing options...
Btanzer Posted March 7, 2013 Share Posted March 7, 2013 Pay off all my debts and then buy camera equipment. Probably. Link to comment Share on other sites More sharing options...
mitchw Posted March 8, 2013 Author Share Posted March 8, 2013 Pay off all my debts and then buy camera equipment. Probably. Inteeresting buy what would you do with your Legacy Gt? Link to comment Share on other sites More sharing options...
boxkita Posted March 8, 2013 Share Posted March 8, 2013 Pay off all my debts and then buy camera equipment. Probably. Did you mean "Pay off the loan on my LGT and buy camera equipment"? Build my car Boxkita Track days Link to comment Share on other sites More sharing options...
mitchw Posted March 8, 2013 Author Share Posted March 8, 2013 Did you mean "Pay off the loan on my LGT and buy camera equipment"? i think he did.. Link to comment Share on other sites More sharing options...
I Donated thefultonhow Posted March 8, 2013 I Donated Share Posted March 8, 2013 I assume this thread assumes your car is stock? If so, I'd buy what I've already bought and/or have: - BNR Evo 16G: $850 - PTP turbo blanket: $85 - DP/UP: $375 - Perrin mid/Y with e-cutout: $260 - Cobb AP: $500 - BP TMIC mod: $100 - Upgraded clutch: $525 - Koni Yellow shocks: $475 - Stoptech Street Performance brake pads: $110 - Gaugetek VBG1 with oil pressure: $350 - All-in-one keys: $65 - Homelink mirror: $(have) - Fumoto valve: $27 SUBTOTAL: $3722 I would then buy the following to complete the build: - IP&T oil line: $175 - Thermal Zero UP/DP blankets: $175 - DW65c: $149 - TurboXS dyno tune: $450 SUBTOTAL: $949 I'd then throw in the following luxury items, just for fun: - JDM extended armrest: $175 - JDM double-DIN kit: $400 - Kenwood or Pioneer navi HU: $1000-1500 SUBTOTAL: $2075 TOTAL: $6746 I'd invest the remaining $3254, so that I could buy a nice house with a nice garage. Or a CTS-V. But realistically, if I came into $10k today, I'd spend the $949 to complete the build, then combine the rest with my existing savings and buy a house. I like what I have, and don't need much more. Link to comment Share on other sites More sharing options...
mitchw Posted March 8, 2013 Author Share Posted March 8, 2013 I assume this thread assumes your car is stock? If so, I'd buy what I've already bought and/or have: - BNR Evo 16G: $850 - PTP turbo blanket: $85 - DP/UP: $375 - Perrin mid/Y with e-cutout: $260 - Cobb AP: $500 - BP TMIC mod: $100 - Upgraded clutch: $525 - Koni Yellow shocks: $475 - Stoptech Street Performance brake pads: $110 - Gaugetek VBG1 with oil pressure: $350 - All-in-one keys: $65 - Homelink mirror: $(have) - Fumoto valve: $27 SUBTOTAL: $3722 I would then buy the following to complete the build: - IP&T oil line: $175 - Thermal Zero UP/DP blankets: $175 - DW65c: $149 - TurboXS dyno tune: $450 SUBTOTAL: $949 I'd then throw in the following luxury items, just for fun: - JDM extended armrest: $175 - JDM double-DIN kit: $400 - Kenwood or Pioneer navi HU: $1000-1500 SUBTOTAL: $2075 TOTAL: $6746 I'd invest the remaining $3254, so that I could buy a nice house with a nice garage. Or a CTS-V. But realistically, if I came into $10k today, I'd spend the $949 to complete the build, then combine the rest with my existing savings and buy a house. I like what I have, and don't need much more. What about suspension? Link to comment Share on other sites More sharing options...
I Donated thefultonhow Posted March 8, 2013 I Donated Share Posted March 8, 2013 What about suspension? - Koni Yellow shocks: $475 - Stoptech Street Performance brake pads: $110 I guess if I had $10k that I absolutely had to spend on my car, I'd get sways. I like my Konis, though. Link to comment Share on other sites More sharing options...
Fitz Posted March 8, 2013 Share Posted March 8, 2013 lol.. Uncle Sam is repaying most of my wifes loans, she owes intrest on them... so 10k be nice, our weekend car is a Charger R/T and I hear u with putting money into it , owned my legacy 2 months and I already have the motor apart and doing a fresh build on it Link to comment Share on other sites More sharing options...
9wing Posted March 8, 2013 Share Posted March 8, 2013 Put an LS1 in my legacy. Link to comment Share on other sites More sharing options...
mitchw Posted March 8, 2013 Author Share Posted March 8, 2013 lol.. Uncle Sam is repaying most of my wifes loans, she owes intrest on them... so 10k be nice, our weekend car is a Charger R/T and I hear u with putting money into it , owned my legacy 2 months and I already have the motor apart and doing a fresh build on it I would love do a build myself. Finances are only thingy holding me back and college... Link to comment Share on other sites More sharing options...
boxkita Posted March 8, 2013 Share Posted March 8, 2013 I would love do a build myself. Finances are only thingy holding me back and college... if college is holding you back, that's what taking a quarter off is for. Further, if you handle the loan & grant process correctly, you should be fully funded for your time off. Build my car Boxkita Track days Link to comment Share on other sites More sharing options...
I Donated thefultonhow Posted March 8, 2013 I Donated Share Posted March 8, 2013 if college is holding you back, that's what taking a quarter off is for. Further, if you handle the loan & grant process correctly, you should be fully funded for your time off. Taking a term off to mod your car is a terrible idea IMO. Link to comment Share on other sites More sharing options...
Fitz Posted March 8, 2013 Share Posted March 8, 2013 I would love do a build myself. Finances are only thingy holding me back and college... Here u there, I go to a comunity college, Have a kid + wife, 2 cars to mod and I work full time.... So parts coming in slowly is not bad, not like I got time Link to comment Share on other sites More sharing options...
boxkita Posted March 8, 2013 Share Posted March 8, 2013 Taking a term off to mod your car is a terrible idea IMO. Kids these days...can't think for themselves. I spent 10 years in school; I'd have gone nutz without taking off a quarter or two. Build my car Boxkita Track days Link to comment Share on other sites More sharing options...
Nolmers06LGT Posted March 8, 2013 Share Posted March 8, 2013 Kids these days...can't think for themselves. I spent 10 years in school; I'd have gone nutz without taking off a quarter or two. You must have not used student loans.. I took 6yrs, 3 at a community college and 3 at a state school. The debt from that is crippling. Link to comment Share on other sites More sharing options...
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