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Looking for advice from all you GT-R vets.


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#1 JBurner

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Posted 29 July 2018 - 11:48 AM

The GT-R is my dream car. I am sure many, if not all, of you can relate to that. I am relatively poor. While I have a decent sized savings I have a low income job. I have spent my entire working life budgeting my money for many different aspects of my life, including acquiring my dream car.  It is hard to have fun and enjoy life in the moment when practically every dime of the money you make is held for the future. It takes a lot of dedication and self control, especially when I was a young man, to pass on many things. My budget for a GT-R has accumulated to 50k to buy one outright with. I am 30 now so the years left to enjoy my dream car like a little kid are getting less and less. I completely understand that 50k is not a lot of money for a vehicle like the GT-R and I am going to end up getting what I pay for. I could keep saving and saving and saving but at some point I need to pull the trigger. I cannot save fast enough and I am finally at a point where I could buy one. I have also never drove a GT-R in my life.

 

Let's get down to the reason why I am here, aside from hopefully being a future GT-R owner like yourselves. What I really need is advice based on my budget from you more experienced car enthusiasts who were able to get their dream car. I am hoping for some opinions from the highly valued GT-R community.

 

-First thing is first. I am not really sure what I should be looking for with only 50k. By that I mean year/mileage. I have seen a few different GT-Rs in this price range that vary from 2009s with less than 10k miles up to 2014s with 50k+ miles.

 

-I don't plan on driving the GT-R that much. I already don't drive much currently. I doubt I would even put 5k miles per year on any vehicle I buy - even if it is a cheap $1500 beater.

 

-I live in a poor area (income wise) where it snows for what seems like 6-8 months out of the year. The roads are in terrible condition as well (uneven, large potholes, ect) and salt is used to manage the ice. I also do not have a garage to store the GT-R in during the winter so even if I don't drive it, it will just be sitting in snow.

 

-My main concern is I only get one chance at this dream. If I buy a GT-R that ends up faulty or needing expensive repairs shortly after I buy it then I won't be able to keep it running and probably wouldn't be able to resell it. I doubt I can get a GT-R with a warranty and I would not be able to afford to replace parts major parts if they fail, like the transmission. I really, really, really doubt I will ever be able to buy a second GT-R if my first buy ends up bad.

 

It is extremely plausible that, for someone like me, the dream of owning a GT-R can only be just a dream. I am hoping for some opinions about the type of GT-R I should be looking for with 50k or if I should even bother given my circumstances. I am really open to opinions about anything given the situation. I just want to make sure I go about this the right way. I am a reader so don't be shy in your replies. There can never be too many details.

 

Thanks in advance for your time, knowledge, and experience.



#2 MJJ

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Posted 29 July 2018 - 12:38 PM

You seem like a sharp guy. I would suggest you focus on getting a job with a higher income first. The insurance, maintenance costs will be significant and above and beyond just the purchase price. I admire your discipline. Never be car poor.

BTW I didn’t buy my first truly fun car until I was 43. I had my retirement set and house paid for before I started purchasing fun cars. I am 50 now and still enjoying these cars like a much younger man. You still have time.

#3 Python

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Posted 29 July 2018 - 01:10 PM

you sound like a good dude and I am going to give you some honest advice. do not buy the car. i repeat. do not buy the car.

 

-I have a low income job

-I don't plan on driving the GT-R that much

-The roads are in terrible condition

-I also do not have a garage it will just be sitting in snow

-if it needs expensive repairs shortly after I buy it then I won't be able to keep it running, and probably wouldn't be able to resell it.

-I cant get a GT-R with a warranty and I would not be able to afford to replace parts major parts if they fail, like the transmission

 

 

all the above is a recipe for disaster my dude.


Edited by Python, 29 July 2018 - 01:12 PM.


#4 Biber

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Posted 29 July 2018 - 02:00 PM

Would also not buy. Wait a bit till you at least have a reserve for unexpected cost. It will happen with a used car so no need to buy it and then not having the money to pay for unexpected costs.

I would also not buy it if I did not have a garage or access to a parking garage house in those conditions.

#5 JBurner

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Posted 29 July 2018 - 02:30 PM

Thanks for the replies! I really appreciate the honest feedback.

 

Unfortunately I do not have the skills (at least on paper) to earn a higher income job. I already compete with degree holders for my low income job. I do want to point out that my retirement and house are also budgeted for. I didn't mean that I only have 50k total as savings and that I would be spending everything I have saved on a GT-R. A small percentage of my savings are set aside for a GT-R and that is why the budget for it grows very slowly. I doubt it will change anything but I would like to point out that my bills are extremely low already. The majority of my money goes towards retirement and housing. I would be able to buy a GT-R and not set myself back (as in not being car poor) as long as nothing major goes wrong with it. A 20k repair bill would hit me hard though. Meaning I would have to take money out of the budget for retirement and housing to pay for those repairs instantly. I would be able to afford the insurance and standard maintenance by continuing to set aside the same percentage I already do for the GT-R. Just instead of it going towards buying one it would go towards those costs.

 

I was hoping the fact I wouldn't be driving it that much would be a benefit. I planned to keep the GT-R for the rest of my life if I bought one.

 

A major issue I have is I cannot bring myself to buy a different vehicle. If I buy a different vehicle I feel it will just suck up all my GT-R money and, in my opinion, guarantee I can never get one. Basically I would be admitting I will never get one. Currently I walk everywhere. It is a sacrifice I make to continue to grow a budget for a GT-R. I believe I deserve a GT-R. A reward for myself. It truly was hard for someone like me to even get to a position to start thinking about actually buying one. It is even harder knowing I could spend more than 50k but shouldn't. However, I guess we can't always have what we feel like we deserve. Deep down I know you guys are right. I guess I just needed to hear it from you people with hands on experience.

 

I can try waiting for a few more years but I think that I will slowly lose the ability to continue to grow a GT-R budget if I start spending money on a lesser vehicle. The insurance and maintenance on any vehicle I buy would come directly out of the GT-R budget. Thanks for the feedback. Also thanks for pointing out you didn't start buying cars like this until you were 43 and you still enjoy them as much as a man in his 20s would. That does give me hope.



#6 Geno88

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Posted 29 July 2018 - 02:32 PM

Listening is key when you deal with people that like you and have a general good will towards your best interest.

I would wait until you get into a better situation, which you will....it’s a matter of time. I once wanted to buy a very nice car in a so-so area and everybody questioned that decision..,,at that time I thought they all hated me, but, later realize it didn’t make much sense.

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#7 JBurner

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Posted 29 July 2018 - 02:48 PM

It is kind of the opposite for me Geno. People out here want me to buy one, badly, lol. There really are not any vehicles on the level or prestige of a GT-R around here. They don't really have a mind for budgets though. They just want to ride in one, lol.


Edited by JBurner, 29 July 2018 - 02:49 PM.


#8 Python

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Posted 29 July 2018 - 04:07 PM

you sound like a smart dude with a good attitude.  i know you will get one, but i would just wait a bit longer and try not to have that car savings be spent on anything more than a beater if you need one. if you are walking everywhere, you might just need a bike haha



#9 JBurner

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Posted 29 July 2018 - 05:29 PM

Lmao, that is a good point. I'll look into getting a bike then and just slap a GT-R sticker on it for the time being :D



#10 Haitech

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Posted 29 July 2018 - 09:15 PM

Seems like you have a good head on your shoulders and like to plan ahead. Some other considerations you haven’t touched on: Have you considered the safety of the GTR if you do acquire one? The vehicle sitting outside all the time with the attention it’ll grab is risky for a vehicle that is rare in your neighborhood. You can always consider a car cover since it’ll be sitting outside all the time. Is a car port or cover a possibility? Sent from my iPhone using Tapatalk

#11 SocalTrackGTR

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Posted 29 July 2018 - 09:32 PM

I definitely second most of the responses here.  You need to be ready for repairs and stuff because EVERYTHING on the GTR is expensive.  Also, I personally wouldn't daily my GTR but it's definitely possible.  Usually, the less you pay now, for used sports vehicles, the more you'll pay later.  You can definitely enjoy it later on in life.  It'll be way more enjoyable if you're not scared of every pothole or whatever that could ding your baby. 



#12 Thadzilla

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Posted 30 July 2018 - 12:30 AM

Everybody here has a very good point. But you have another option, why not finance it. If you have $50k to spent then down $30k & keep $20k for any problem that arise. Get a PPI inspection before buying it and if something happen you still have the $20k to take care of it. Take your time and find a GTR with all the major service are done. Also check the brakes and tires. Less thing to worry about. Good luck.

#13 JBurner

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Posted 30 July 2018 - 05:59 AM

Thanks for all the continued feedback. Haitech, I was going to get a car cover. I am not really worried about vandalism or it being stolen. Really just the elements and road that worry me the most.

 

Thadzilla, I thought about financing but I like to keep my bills low. I like being able to buy things outright and own them. I think because of this I will wait a bit longer. Maybe if a good deal comes along (I doubt it) I will pull the trigger.

 

I do appreciate that all of you seem to be on my side and don't let my situation make you think I should never get one. My situation always kind of worried me that it would so it is nice to have support in this case. Thanks everyone!



#14 zebekias

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Posted 30 July 2018 - 06:42 AM

Don't let your bank account burn a hole in your pocket.  Keep growing it and start a business.  Once you pay your dues and achieve financial success, then you can fulfill your dreams.  Until then keep dreaming, like I used to do.  Now I'm on my 2nd GTR and look back at the years of dreaming with fondness.  Chasing dreams is sweet, enjoy it.


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#15 JBurner

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Posted 30 July 2018 - 06:50 AM

I never really thought about it like that. What I would think if I looked back at the chase. Gives me something to think about.



#16 zebekias

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Posted 30 July 2018 - 08:37 AM

Also, life with a GTR: $2k per new (OEM) tire set.  Ask yourself if this is financial "noise" or pain.


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#17 JBurner

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Posted 30 July 2018 - 11:35 AM

I don't think I would go through tires that fast. Well, maybe the first set lol. Out of curiosity, about how long do the OEM tires last?



#18 NoRulzGTR

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Posted 30 July 2018 - 12:06 PM

Welcome and I truly hope you get the car some time. I also really want this car bad, and could have one, but my wife would have left me If I would have spent the down payment of my new house on this car instead lol. That being said, you have to wait and get in a better place in life. I lived in a fancy apartment complex long ago and had my 04 STi and my escort ZX2 (daily) and some one slashed all my tires. I told my self I would never own a nice car until I got in a 2 or 3 car garage. I sold that STI and drove a beater.

 

Now in the present, living in a nice house, sold my WRX and I am waiting for the time and money saved to get one out right. I also think you might want to get some knowledge on working on cars if you do not. I work on all my own and will wrench on this. To me the GTR is above many car, but when it comes down to it, it's still a car and can be worked on.

 

Save more

Move to a better place with garage

 

Also I saw a guy mention he was 47 and just got into getting his car, which is great. I currently drive an 06 Outback with 210k miles, I love this car cause I take care of it and it has treated me right. I will drive it as a daily and the GTR will be a weekend toy.

 

I really only want a nice sound system, few mods and a tune. I am done with big power builds. 600 WHP will be fine for me, with a nasty exhaust.

 

Patience grass hopper



#19 tg07

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Posted 30 July 2018 - 12:12 PM

The other posters have got you steered in the right direction.  If you're able to get where you need to go today by walking, what would you be using your GTR for?  Just hopping in and joy-riding?  Based on your financial situation, you'd likely be constantly worrying about how much each mile is going to cost you...gas, insurance, depreciation, tires, brakes, oil, transmission fluid, etc.  You may also get the mod bug.  Then you'll be sinking more money into the car.

 

I definitely understand having a strong desire to own one, but it simply isn't realistic in your situation.  You're definitely not too old to go back to school and find something you enjoy doing at a much higher wage.

 

Also, you say that if you get a GTR you'll keep it forever.  I said the same thing.  While I still plan to keep mine forever, I could certainly see a day where I decide to just sell it.  There are a lot of great/fun cars out there, and I'm sure there will be plenty more in the future that interest me.  Even if I have the money for all the cars I'd like to own, I will need a huge garage!

 

Not having a garage space is a big deal in my opinion.  If this is a dream car, I wouldn't subject it to the harsh winter for 6-8 months out of the year.

 

Why exactly do you want to own a GTR?  Is it a dream car?  Because it lays waste to the majority of cars on the road?  Attention?


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#20 zebekias

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Posted 30 July 2018 - 12:55 PM

I don't think I would go through tires that fast. Well, maybe the first set lol. Out of curiosity, about how long do the OEM tires last?

 

The summer Dunlop DSSTs lasted me 12k miles, I switched to the all weather OEMs which lasted 30k+ miles on my 2011 GTR.


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