mac

Plan to sell some of my "toys". Now I will only owe 20,000 dollars on the challenger. I hate to do it, but will enable me to pay off the car faster. I might try to purchase one that is a year old, but will be hard to find one I assume so might have to eat the depreciation costs so will have to keep the car for over 10 years. Oh well.

Jeremiah 29:11

Read one of my older posts on financial planning:

https://dodgechallenger.com/forums/m...aL/tm.htm#3972

snooter

article on blueovalnews is saying cost of challenger to be somewhere between 80k-90k...the article is the news section on the front page...not saying i agreee or not...but that is a significant adm markup..fyi

mac

Excellent list and good advice. I feel a balance between saving for the future and having fun in the present is very important. I started deferred comp at work when I was 26 years old and in 6+ years I could retire from my job based on the retirement pay, my deferred comp, etc. I will be 51 years old when this occurs and my spouse has almost the same plan and savings amount.

Jeremiah 29:11

Awesome, good for you.

Most Americans do not understand this concept.....they only worry about today.

That is when you need to start and time is on your side.

It is all about the magic of compound building and consistent saving for the future.

ericisbacchus

I am faced with the same question. How do I afford it?
I say this: have patience! I've seen some killer deals on brand new Charger R/T's.
That's no given that there will be great deals on Challeneger R/T's some day. But, when supply increases in '09 on onward, I think prices will be better.

I gotta come forward with something I struggle with. That is this:
I feel guilty when I spend money on myself.
I've got a son now. I feel like all my money needs to go toward his life experiences. He deserves it.
I'm 31...I made a deal with my wife a few years ago when I got my motorcycle license. I refrain from getting a motorcycle, and some day I get to get a "fun" car.
I love cars. Always have. Like I said though, I don't think I'll ever feel right spending that kind of money on something that isn't a necessity. Heck, I drive a '90 Honda Accord now. That thing will probably last me another 15 years.

Oh well. That's why I buy a Powerball ticket each week.

Dodge Favre ever

Checkout Jeremiah 29:11's link to financial planning above. That may help you. If you get the Challenger,take good care of it. Twenty-five or thirty years from now give it to your son.

HEMI04

i'll probably sell my body for awhile. there's alot of ugly chicks in my town so i should make decent money!? fingers crossed anyways

73Cuda340

Doge favre ever - I am giving mine to my eldest daugher. She is eleven now and a serious gear head. She has been wanting to build a kit car since she was eight. Now that I am getting a Challenger she wants to learn to drive a stick. She practices on the tractor now - somehow I don't think it is the same (I hope).