[82SC]

I already know the answer since I am on a GTR forum...

But here's my dilema

So I have a 2005 Subaru STi with 112K miles on it (trade in value quoted at dealership of 12.5K)
Needs a tons of maintence and cosmetic fixes...so time to get a new car

Now mind you I kept the car stock. I'm not a fast and furious guy. I love rally and the what the STi was made for.
Also I used to own a 80's 911 and was restoring a 70's before I had to move and sell the project.

Now I've been eyeing the 2012 Premium in SS or GM

I've been thinking of trading in the STi and putting some money towards a 3 year lease.

I am in the last year of my training and next year my income will be 10x what it is now...

Now the other option is get something more practical, actually an Xterra. Something that I can put my surfboard on.
Then buy a weekend car next year once I make some real money.

hmmm...I'm sure your responses will be GTR GTR GTR...I'm just venting...ugggg

now how to convince my wife

 

[SELVERGTR7]

get a used m3

 

[max_R35]

Get the Xterra and get the GTR once you are comfortable with buying a $90'000 car

 

[Python]

not sure if serious

 

[krea.tion]

Buy the GT-R when you are actually making 10x what you make now. That would be, I think, the smart thing to do.

 

[PK_GTR]

Get the Xterra and get the GTR once you are comfortable with buying a $90'000 car

+1

 

[biznaka]

I would agree - you have to be practical about your decision. If you can live with an Xterra (which it sounds like you can), get that - until things change and you make 10x more.

 

[gilly6993]

Are you 100% sure you'll find a job?

 

[leaveit2bevo]

there are no 2012 premiums left.......

 

[82SC]

well I better find a job...14 years of training so I can become a surgeon.
I'll finally have my first real job next year. Living on scraps for all these years has sucked.

But I am happily surprised that this forum is so responsible. I was expecting GTR all the way. I underestimated this forum.

Well I know the Xterra is the smart move.
But I was hoping to replace the STi with a car that can be an everyday driver, fun to drive
I found out I can take some extra weekend call at the hospital so I can make ~1000-1300 extra a month (about the price of the monthly payments)
And insurance in the midwest is cheap (I'm here just for a year)

So my mind started dreaming and thinking M3, GTR...

There is a BE here locally. But I like the premium's rims and don't need recaros.

Hmmm..didn't know there are no more premiums...that may make my decison much easier. Although I just emailed the dealer I was in talks with about the Xterra and they sound like they are foaming at the mouth at the mention of a GTR and want to speak with me ASAP.

My wife has actually said to do what I want, and that she trusts me...LOL
that probably translates into "you'll pay for this out the nose in the future once you get a real job"

I guess I can wait and have Xterra + GT2RS...LOLOL...one can dream...

But your forum is great and I've been crusing the posts and taking notes. I'll let you know if I take a couple of shots of tequilla and pull the trigger...

MJ

 

[erio]

You have some awesome contract lined up to be making 10x your salary your first year out of training. I assume you are a pgy5-6. Is this general surgery?

If you don't have any other significant sources of income with minimal investments, I would wait for the higher salary before getting the GTR.

One thing I know for sure is that physicians can sometimes make the worst financial decisions. I have seen it happen many times. It's usually related to a lack of real world financial experience with all the years spent in training making a set salary. When the rewards of the hard earned years of training finally start coming in, they overspend without building a strong financial nest egg. I'm not trying to tell you what to do with your money or saying you shouldn't splurge a little...you definitely deserve it. I just want to pass on some advice based on experience. Good luck!

 

[jcdeng]

get the GTR, you deserve it after 12 years of misery and missing out while others are having fun. you have to make up for it somehow right? starting looking now so by the time you finish training, maybe you can find one.... and get another cheap used car as a DD.

 

[82SC]

no your advice is well taken. yes I am chomping at the bit...watching my I-banker friends and lawyers friends live it up the past 6-8years
While I keep my car together with duct tape and spit...

I agree MDs are stupid with money. there was just a NY times articles about MDs and getting MBAs.

yeah depending on where you start geographically and how busy you want to be, it can 300-600K.
And no not G-surg...I'm a fellow this year in a surg subspecialty

Well...sounds like the BE locally is spoken for...and no premiums in sight.

It's probably the car gods telling me to cool off and be level headed, and to build a nest egg so I can buy a these types of toys and enjoy them without worrying about scraping by.

one day...I'll be back

MJ

 

[erio]

no your advice is well taken. yes I am chomping at the bit...watching my I-banker friends and lawyers friends live it up the past 6-8years
While I keep my car together with duct tape and spit...

I agree MDs are stupid with money. there was just a NY times articles about MDs and getting MBAs.

yeah depending on where you start geographically and how busy you want to be, it can 300-600K.
And no not G-surg...I'm a fellow this year in a surg subspecialty

Well...sounds like the BE locally is spoken for...and no premiums in sight.

It's probably the car gods telling me to cool off and be level headed, and to build a nest egg so I can buy a these types of toys and enjoy them without worrying about scraping by.

one day...I'll be back

MJ

I know you are chomping at the bits so to speak. No worries. You will probably catch up with most of your friends in a relatively short time with a much more stable position salary/career wise. Unless you are planning on going into the administrative/political side of medicine, I don't think you need an MBA for investment purposes. Online investing forums, The Wall Street Journal, your local book store, and possibly a good financial advisor should do the trick. Take all investing advice from friends/colleagues with a grain of salt. I bet we will see you here next year with a 2013