What should I pay??
Thanks guys, but before I even put it in I’m gonna do a full rebuild with new rods, pistons, the works. I just turned 18 and I’ve been messing with VW Bug engines for a while and I’ve rebuilt a Toyota 1.8L before I my automotive class, so I know how to go about it and my dad’s been a mechanic for years so I’m really just gonna go for it. I just got $10k to my name from bonds so I’m gonna invest some of that in my little red baby. But I appreciate it a lot and thanks for the info as always, sorry if I’m annoying you guys here on the forum but I’m really wanting to do it right
I love my car to death and I’m gonna do it good.
I love my car to death and I’m gonna do it good.
I wish I was 18 years old with $10K. I love my little red car too. Putting money into a car is not an investment! It is very rare to get back what you put into a car unless you are a car dealer. If I was your father I would say you are right to get out of bonds at your age and in the current environment of rising interest rates. I would recommend that you get way ahead of your peers by INVESTING your $10K in an index fund that tracks the S&P 500.
Very well might do that, because I’m surely not going to just blow all my money, that’s not my plans. I’ve always been very good with my money, because I hate spending it and I love holding on to it and hoarding it 😂 but I do know that this car won’t be an investment and I’m doing it for the love of it completely.y dad taught me that from a very young age. He’s a great father, but I’m also going to get $4000 from school in 11 months because I got a grant Andy my school is fully paid for. So I’m ecstatic about that, but thanks for the advice u really appreciate it.
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RadekSkylark
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