re: Expensive New Car

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I know you must realize that these are no way close to the same car as in the OP, right?

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“There are a million things in this universe you can have and there are a million things you can’t have. It’s no fun facing that, but that’s the way things are.” - Captain James T. Kirk

As true now as it will be in the future.

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I know you must realize that these are no way close to the same car as in the OP, right?

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They're 580hp vs 650 for the new one. They look 97% the same. And about $30k cheaper. I dont think it's an outrageous comparison.

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Zeta vs Alpha

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Both big ole fat Camaros to me. You think the new one will fare drastically better on resale in 4 years?

wait, so you are gonig to have 3 cars? Sounds like a waste to me.

Go rent one for a weekend and get it out of your system. You'll come out much cheaper when the newness wears off and you don't have a $600 monthly car note.

Look for a 2015 SS 1LE. You can find those for $25-30k. If you're set on the newer Camaro, you can still pick up a 1LE for a decent price, but the 5th Gen should be plenty for what you want.

If you're just looking for something fun to drive, I'd look at a C6 Z06 as well.

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I'm considering buying a new car. I'm looking at the 2018 ZL1 1LE.

When I was 16, I bought an Accord that I drove until 2007 when I bought a 2002 Tacoma. I still have both and both run fine, but lately, I've been wanting something fun for the weekends

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You trading one of them? I just looked up the price of the car you are talking about. It looks like a total monster that would be an absolute blast to drive, but it's also pushing $70K. I've certainly seen people with less income spend almost that much for F250s every few years.

I'd personally go for a lower end model Camaro, which have definitely expanded in scope to be more than just a muscle car. They are legit sports cars now even without the race track packagaes.

I wouldn't recommend spending that much but we all have our hobbies. I spend a lot on travel and entertainment, some like golf or hunting, others like cars. If you anticipate keeping it as a weekend vehicle for a decade while still maintaining your current level of savings and lifestyle......knock yourself out.

Car threads are always entertaining OP let us know what you decide.

Ended up with a 2015 1LE for $31k. Plenty of car for me.

Thanks for the replies everyone.

Yep. Ended up trading the Accord in for $2k also.

The car is a lot of fun.

Sorry, but your car price vs. salary ideas are quite a bit off. In your opinion, unless you are a top 10% earner in the whole country, you basically shouldn't drive a truck or SUV unless it's used and has 60k miles on it. Need to be in the top ~5% to buy a vehicle over 40k (which is probably half of all vehicle with a leather interior when looking at msrp).

I can tell you that I can comfortably afford 80k worth of vehicles with a dual income between 150 and 200k, sending a kid to daycare, maxing out retirement, and saving ~1k money each month. Using the ~28% rule I've seen you state means I overpaid by 30k+. But somehow, we are doing just fine.