Thread: Your Occupation
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Old 02-04-2014, 06:07 PM
rms427 rms427 is offline
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Join Date: Dec 2002
Location: Penn Valley, CA
Cobra Make, Engine: Purchased CSX3225 in 1968 for $4,995. Original 428 car but changed to 427 MR about 20 years ago.
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I spent a week convincing my dad to cosign on a loan for my car a month before I graduated from college in June 1968. I finally got him to agree after a week by convincing him it would be worth a lot more in the future. I was thinking $10,000. I bought if for $4,995. I paid $100 down to the owner to hold the car for a month until I graduated and actually had a job as an engineer and could get the loan. With the payments on the car loan and student loan I had very little money left over. The first week I had the car I couldn't drive it much because I couldn't afford gas at 36 cents per gallon. I was pleasantly surprised when I got my first check after my first week at work. I could then afford gas but not much else for the next two years until I paid off both loans.
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