New Member- about to pull the trigger- is this a fair deal?

[Lawineer]

Originally Posted by patrickt

If the car is the one that appeals to you, then it's not overpriced... for you. To get a new custom made turnkey car made to your personal specifications at KMS/ERA/SPF/CSX it's going to cost you six figures. If two weeks (and two years) later you decide it was a mistake, you will sell it for less than you paid. That's just the way chips fall. So, my advice is if you like it buy it. If you don't, then sell it. And if the chance of dropping ten or twenty grand gives you a heart attack, then just look at it like you're spending a couple of weeks in the Caribbean with the family. When you fly back home the money will be gone and after a while you'll barely even remember the trip.

This isn't my 401k money, but I also just want to know how I did with FMV. My plan is to keep this car 3 years and sell it to get a C8ZR1. I'm going to enjoy it, but one reason I am getting it is that it will (hopefully) hold value better than buying a late model $70k car.

Also: I'm single with no kids so $20k vacation better be something else!

[patrickt]

Originally Posted by Lawineer

This isn't my 401k money, but I also just want to know how I did with FMV. My plan is to keep this car 3 years and sell it to get a C8ZR1. I'm going to enjoy it, but one reason I am getting it is that it will (hopefully) hold value better than buying a late model $70k car.

Also: I'm single with no kids so $20k vacation better be something else!

You should assume that you will always lose money buying and selling these cars. Now, if you're of a certain ilk, it will be the greatest toy you have ever owned and, if you're lucky, you'll make a nickel or two if you do sell her. But you should assume you won't. For me, my ERA has been more fun than you could possibly imagine, and I've had her now for fifteen years. I wouldn't even dream of selling her.