Login

Welcome, Guest. Please login or register.

April 24, 2024, 02:14:21 pm

Author Topic: Need help with first car buying  (Read 8655 times)  Share 

0 Members and 1 Guest are viewing this topic.

98.40_for_sure

  • vtec's kickin in yo!
  • Victorian
  • ATAR Notes Superstar
  • ******
  • Posts: 2589
  • Respect: +10
Need help with first car buying
« on: September 05, 2010, 12:58:23 am »
0
When looking for a nice car for a cheap price, what would you take into consideration?
Pretty much im looking for a nice looking one, <10,000, and im not sure what kind of kms you would be looking for.
Dont know much about cars

Thanks for expert opinions!
2009: Texts & Traditions (28)
2010: English (45), Chemistry (40), Methods CAS (43), Specialist Maths (42)
ATAR: 98.40

Booksale: http://vce.atarnotes.com/forum/index.php/topic,33456.0.html
MM & SM tuition: http://vce.atarnotes.com/forum/index.php/topic,33942.0.html

wildareal

  • Victorian
  • Forum Leader
  • ****
  • Posts: 595
  • Respect: +4
Re: Need help with first car buying
« Reply #1 on: September 05, 2010, 06:50:33 pm »
0
You can get an 02' Holden Calais with Leather for that price. Try and find one in a good nick, low kms etc. Don't look on Carpoint. Go Pickles or Fowles-can find a v. cheap one at an auction.
Wildareal '11

Year 11:
Methods 3/4

Year 12:
English 3/4 Latin 3/4 Specialist 3/4 Chem 3/4 Uni Maths

vea

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1099
  • Respect: +29
  • School Grad Year: 2011
Re: Need help with first car buying
« Reply #2 on: September 05, 2010, 06:59:13 pm »
0
Just make sure it has vtec yo
2011: ATAR 99.50
2012: Bachelor of Biomedicine, UoM
2015: Doctor of Dental Surgery, UoM

RainerWolfram

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 346
  • X&Y
  • Respect: +14
Re: Need help with first car buying
« Reply #3 on: September 05, 2010, 07:01:28 pm »
0
If I were you, I wouldn't invest the money into a car. I would try to save around $17,000 - $20,000 (first home buyer) and invest that money into a property such as a 2-room apartment or a 2-room flat. Then let two people rent out your property. A property never loses its value, a car does. It's an investment for life.
2010: B.Eng(Mechatronics)/B.Science(Computer Science/Astrophysics), Monash University
2011 Sem1: B.Eng(Electrical & Computer Systems)/B.Science(Computer Science), Monash University
2011 Sem2: B.Commerce (Finance + Software Systems), University of Melbourne

naved_s9994

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1412
  • Respect: +15
Re: Need help with first car buying
« Reply #4 on: September 05, 2010, 07:07:47 pm »
0
If I were you, I wouldn't invest the money into a car. I would try to save around $17,000 - $20,000 (first home buyer) and invest that money into a property such as a 2-room apartment or a 2-room flat. Then let two people rent out your property. A property never loses its value, a car does. It's an investment for life.

Just with 17000??

You have too show your income too support the repayments..
'Keep you friends close, but keep your enemies closer'

RainerWolfram

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 346
  • X&Y
  • Respect: +14
Re: Need help with first car buying
« Reply #5 on: September 05, 2010, 07:16:52 pm »
0
If I were you, I wouldn't invest the money into a car. I would try to save around $17,000 - $20,000 (first home buyer) and invest that money into a property such as a 2-room apartment or a 2-room flat. Then let two people rent out your property. A property never loses its value, a car does. It's an investment for life.

Just with 17000??

You have too show your income too support the repayments..

Yes, just with $17,000. You have to understand that it is very difficult to save $17,000 especially for an average working Australian family. Most families only save a few thousands dollars annually.
It's best if you ask your parents to apply for the mortgage under their name, but of course, you will have to take full responsibility
2010: B.Eng(Mechatronics)/B.Science(Computer Science/Astrophysics), Monash University
2011 Sem1: B.Eng(Electrical & Computer Systems)/B.Science(Computer Science), Monash University
2011 Sem2: B.Commerce (Finance + Software Systems), University of Melbourne

vea

  • Victorian
  • Part of the furniture
  • *****
  • Posts: 1099
  • Respect: +29
  • School Grad Year: 2011
Re: Need help with first car buying
« Reply #6 on: September 05, 2010, 07:17:23 pm »
0
Sorry but I doubt a decent property can be bought with $17,000.

That money could get a car with vtec yo
2011: ATAR 99.50
2012: Bachelor of Biomedicine, UoM
2015: Doctor of Dental Surgery, UoM

RainerWolfram

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 346
  • X&Y
  • Respect: +14
Re: Need help with first car buying
« Reply #7 on: September 05, 2010, 07:21:32 pm »
0
Sorry but I doubt a decent property can be bought with $17,000.

That money could get a car with vtec yo

No property is worth $17,000. What I meant was you have to deposit $17,000 in order to be granted a loan.
2010: B.Eng(Mechatronics)/B.Science(Computer Science/Astrophysics), Monash University
2011 Sem1: B.Eng(Electrical & Computer Systems)/B.Science(Computer Science), Monash University
2011 Sem2: B.Commerce (Finance + Software Systems), University of Melbourne

TrueLight

  • Victorian
  • ATAR Notes Superstar
  • ******
  • Posts: 2759
  • Respect: +9
Re: Need help with first car buying
« Reply #8 on: September 05, 2010, 07:27:05 pm »
0
wait does 99.95 need investment advice or does he need a car? im guessing he doesn't want to invest in a first car in search for a return... im guessing he needs a car to drive for himself

but yeah not sure just go around the different dealers checking for a car you like with low kilometres
http://www.campaignforliberty.com

Completed Bachelor of Science. Majored in Immunology and Microbiology.

“Who controls the past, controls the future. Who controls the present, controls the past.”
George Orwell, 1984.

"Terrorism is the best political weapon for nothing drives people harder than a fear of sudden death."
Adolf Hitler

“The bigger the lie, the more inclined people will be to believe it”
Adolf Hitler

"Beware the leader who bangs the drums of war in order to whip the citizenry into a patriotic fervor, for patriotism is indeed a double-edged sword. It both emboldens the blood, just

RainerWolfram

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 346
  • X&Y
  • Respect: +14
Re: Need help with first car buying
« Reply #9 on: September 05, 2010, 07:37:11 pm »
0
wait does 99.95 need investment advice or does he need a car? im guessing he doesn't want to invest in a first car in search for a return... im guessing he needs a car to drive for himself

but yeah not sure just go around the different dealers checking for a car you like with low kilometres

The real question is: does he really need a car? If he really needs a car urgently, I guess it's best if he spent the money on the car instead of investing into a property.
2010: B.Eng(Mechatronics)/B.Science(Computer Science/Astrophysics), Monash University
2011 Sem1: B.Eng(Electrical & Computer Systems)/B.Science(Computer Science), Monash University
2011 Sem2: B.Commerce (Finance + Software Systems), University of Melbourne

TrueLight

  • Victorian
  • ATAR Notes Superstar
  • ******
  • Posts: 2759
  • Respect: +9
Re: Need help with first car buying
« Reply #10 on: September 05, 2010, 07:40:16 pm »
0
im guessing he does since he posted it? or is interested in getting one soon?
but not sure lol
http://www.campaignforliberty.com

Completed Bachelor of Science. Majored in Immunology and Microbiology.

“Who controls the past, controls the future. Who controls the present, controls the past.”
George Orwell, 1984.

"Terrorism is the best political weapon for nothing drives people harder than a fear of sudden death."
Adolf Hitler

“The bigger the lie, the more inclined people will be to believe it”
Adolf Hitler

"Beware the leader who bangs the drums of war in order to whip the citizenry into a patriotic fervor, for patriotism is indeed a double-edged sword. It both emboldens the blood, just

98.40_for_sure

  • vtec's kickin in yo!
  • Victorian
  • ATAR Notes Superstar
  • ******
  • Posts: 2589
  • Respect: +10
Re: Need help with first car buying
« Reply #11 on: September 05, 2010, 07:47:49 pm »
0
Lol, i haven't thought that far ahead about investing in property.
Just for uni next year, i can take my dads car but then i'd be at uni 5 days a week, morning to night and he can't get anywhere.
So instead i was thinking to get my own car.

I've heard that monash parking lot is a dangerous place for a nice shiny car, so i dunno if i should drive a bomb or get a better car.
Experiences anyone? Car door bumps, key slashes etc
2009: Texts & Traditions (28)
2010: English (45), Chemistry (40), Methods CAS (43), Specialist Maths (42)
ATAR: 98.40

Booksale: http://vce.atarnotes.com/forum/index.php/topic,33456.0.html
MM & SM tuition: http://vce.atarnotes.com/forum/index.php/topic,33942.0.html

RainerWolfram

  • Victorian
  • Forum Obsessive
  • ***
  • Posts: 346
  • X&Y
  • Respect: +14
Re: Need help with first car buying
« Reply #12 on: September 05, 2010, 07:58:45 pm »
0
Lol, i haven't thought that far ahead about investing in property.

You should definitely think about it! :) I'm trying to save up and hopefully I can purchase a property by the end of next year or in two years time. Investing into a property is the safest and the best investment there is possible!
2010: B.Eng(Mechatronics)/B.Science(Computer Science/Astrophysics), Monash University
2011 Sem1: B.Eng(Electrical & Computer Systems)/B.Science(Computer Science), Monash University
2011 Sem2: B.Commerce (Finance + Software Systems), University of Melbourne

andy456

  • Victorian
  • Forum Leader
  • ****
  • Posts: 951
  • Respect: +12
Re: Need help with first car buying
« Reply #13 on: September 05, 2010, 08:03:15 pm »
0
Seriously you can pick up a decent car for <$5,000....
There's no need to spend heaps on a nice new car...
you could probably go to car city and get a good deal??
VCE 2010: Eng 42 | Legal 49 | Chem 37 | MM 34 | Indo SL 33 |
ATAR: 97.45
 
2011: Bachelor of Arts Monash University
2012: Bachelor of Commerce?? Please!!

98.40_for_sure

  • vtec's kickin in yo!
  • Victorian
  • ATAR Notes Superstar
  • ******
  • Posts: 2589
  • Respect: +10
Re: Need help with first car buying
« Reply #14 on: September 05, 2010, 08:14:24 pm »
0
Insurance gonna be a bitch on a sports car + <25yo...
I just wanna know if anyone here has had their car damaged at monash. One scratch bam -$600
2009: Texts & Traditions (28)
2010: English (45), Chemistry (40), Methods CAS (43), Specialist Maths (42)
ATAR: 98.40

Booksale: http://vce.atarnotes.com/forum/index.php/topic,33456.0.html
MM & SM tuition: http://vce.atarnotes.com/forum/index.php/topic,33942.0.html