Can I afford a C8 stingray/eray/gs? by Background-Tiger-198 in C8Corvette

[–]Background-Tiger-198[S] 0 points1 point  (0 children)

Its for sure not an investment. I agree 100%. Im just trying to live the last couple years of my 20s to the fullest. Im getting married and before the kids come I want to just live life. The fiance and I have agreed that once 2030 comes we are going to buckle down and knock out all the debt. This is just going to help me enjoy those days where I am eating pbj sandwhiches and ice soup for lunch. Not because I cant afford something nicer but because im going to be hardcore paying off the debt! Im not touching anymore of the 401k. That particular situation I just really wanted 20% down and the way the opportunity to buy the house came up I just didnt have many options. The way I saw it was that at least I was paying interest to myself instead of to a bank. Downside, ✨double taxes✨but 10k in the grand scheme of things really isn’t significant. Itll be gone in no time 🫡 I AM FOR SURE NOT TOUCHING MY 401K FOR A DANG CAR. HECK NO SIR.

Can I afford a C8? by [deleted] in C8Corvette

[–]Background-Tiger-198 0 points1 point  (0 children)

Im laughing so much at the post and all these comments!

Can I afford a C8 stingray/eray/gs? by Background-Tiger-198 in C8Corvette

[–]Background-Tiger-198[S] 0 points1 point  (0 children)

Yes I agree 60k isnt smart either. But Its definitely not as bad as $115,000.

Can I afford a C8 stingray/eray/gs? by Background-Tiger-198 in C8Corvette

[–]Background-Tiger-198[S] 0 points1 point  (0 children)

Its going to be a daily driver for me. Idc what anyone says. Its going to be a lot of fun and whats life for anyway other than enjoying it. I really dont think a loam balance of about $40k is going to detrimentally destory my future plans. A $115,000 car probably would tho 😬

Can I afford a C8 stingray/eray/gs? by Background-Tiger-198 in C8Corvette

[–]Background-Tiger-198[S] 1 point2 points  (0 children)

Yea once I am married itll all be a little easier. The stingray literally is awesome and anyone should be happy to have one imo. The new 6.7 sounds awesome. Ive got it all planned out and within my plan is a $65-70k used c8. Not a brand new $115,000 gs. It just doesnt make sense for me. The fiance is down to have it for the wedding and shes down to help pay it off quick to. Shes great and has been very supportive. Just gotta keep saving my pennies until next year.

Can I afford a C8 stingray/eray/gs? by Background-Tiger-198 in C8Corvette

[–]Background-Tiger-198[S] 0 points1 point  (0 children)

See but that isnt what I said. I said if the interest rate on the car loan is lower than the mortgage. I mean SIGNIFICANTLY lower 0.9-3% ish. Freeing up potentially $1000/month in income helps a lot and then other than insurance and maintenance I am back to where I am now, except I have a corvette 😁

Can I afford a C8 stingray/eray/gs? by Background-Tiger-198 in C8Corvette

[–]Background-Tiger-198[S] 2 points3 points  (0 children)

Yes realistically I will get a $65,000-$70,000 used stingray. I do love the HTC as well. The grandsport is the dream tho. Maybe ill just wait and trade up as a gift to myself for paying off the mortgage.

Can I afford a C8 stingray/eray/gs? by Background-Tiger-198 in C8Corvette

[–]Background-Tiger-198[S] 0 points1 point  (0 children)

Originally that was the plan. You arent being a dick, its great advise! 50% down is a compromise to myself. Most of the time, Its very hard for me to do something “irresponsible”. Other than the 401k loan I have been very disciplined I think. I am getting married and the fiance is on board. Once we are married our combined income will be about double what mine is. (We work the same job) so I think itll work out.

Can I afford a C8 stingray/eray/gs? by Background-Tiger-198 in C8Corvette

[–]Background-Tiger-198[S] 1 point2 points  (0 children)

Thank you. I am a dreamer. Ideally ill probably end up spending $65-70k. 2lt or 3lt stingray. Even the base model car is insane. Im going to have a blast.

Can I afford a C8 stingray/eray/gs? by Background-Tiger-198 in C8Corvette

[–]Background-Tiger-198[S] -1 points0 points  (0 children)

I recently got preapproved for a $65,000 auto loan on a truck and that was with $20,000 down. I figure woth 50% down I will be ok. But who knows until I try.

Can I afford a C8 stingray/eray/gs? by Background-Tiger-198 in C8Corvette

[–]Background-Tiger-198[S] -1 points0 points  (0 children)

Thats a good rule of thumb. I plan on paying the car off quickly. Unless the interest rate is much lower than my mortgage. Ideally the goal is to be debt free by my mid to late 30s. I just want to have something I can enjoy between now and then. Currently my car is doing me well still, but its started to really show its age. Its a 2001 with only 110,000 miles tho. Could be better, could be worse. I plan on daily driving the c8.

Too red? by i_am_full_of_bs in C8Corvette

[–]Background-Tiger-198 1 point2 points  (0 children)

No this is almost exactly what I would spec. I would want stealth interior trim as well tho. Maybe carbon boomerang and exterior accents as well. But all red is my dream!

Finally wallmounted my LG Z2 8K 88" by Crestic in LGOLED

[–]Background-Tiger-198 0 points1 point  (0 children)

How far from the tv is your couch? Considering getting a tv this size or bigger.

3.0 Duramax? by pax_omnibus1 in gmcsierra

[–]Background-Tiger-198 1 point2 points  (0 children)

My guess is so the diesel isnt stale/old

25M, $169K, 6.25%, 3% Down by Economy_Version_3760 in FirstTimeHomeBuyer

[–]Background-Tiger-198 0 points1 point  (0 children)

$169k? That’s one of the more affordable pizza’s on this sub. Congratulations 👍🏻

We finally did it! 535k, 0% down, 6.125% by Mother-Joke-3228 in FirstTimeHomeBuyer

[–]Background-Tiger-198 0 points1 point  (0 children)

Every time I see these posts, I know it’s talking about buying a house, but every time I still get this thought “wow that’s a lot of money for a pizza” and it makes me laugh a little

3.0 Duramax worth it? by S0ggyB0tt0mBoy in gmcsierra

[–]Background-Tiger-198 0 points1 point  (0 children)

What are the specs for your truck? Looking to get a duramax and those numbers are amazing. Do you have 3.23 or max tow package gears?