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Looking at buying a Nissan GTR

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  • Tobster86
    Tobster86 Posts: 782 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    motorguy wrote: »
    +1

    Having fun in motoring isnt about driving everywhere in 0-60 in 3 seconds and topping out at 170mph. That gets boring very quickly.

    I love MX5s. Have had 3 so far. Great fun cars. Great driving cars too.

    Second this at this very late and largely irrelevant stage in the thread.

    Daily driver is an E39 BMW 540i but I (sadly) got rid of a Peugeot 205 CTI Cabriolet last year. Despite having about a third of the power, the Pug was much MUCH more fun to drive.

    I've come to the conclusion that the only thing that makes a car fun to drive is its roof; or actually lack of one.

    The only thing a bigger engine does to a large comfortable saloon is make you have to spend less time being bored.
  • Ozzuk
    Ozzuk Posts: 1,884 Forumite
    Eighth Anniversary 1,000 Posts
    Indout96 wrote: »
    What Mustang are you driving Ozzuk ?
    I did the muscle car challenge in Vegas in the 700 BHP version, it was a bit of a beast off the line but great fun, launch control used and still partially sideways half way down the track got a 3.9 sec.


    I ran a Camaro for several years over here and loved every mile of it. but we did have a second family car.

    None yet, ordered the 2015 UK RHD model, told I should get one of this years batch. Its a bit of a lottery though so we'll see but its a boyhood dream.

    700bhp...that is pretty epic!
  • mattyprice4004
    mattyprice4004 Posts: 7,492 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    The GTR is an absolutely FANTASTIC car on every level, but in all honesty I'd wait a bit longer. You could concentrate on lowering your debt first, and then in future own one when you can enjoy it (and have the appropriate bank balance to fund repairs!).

    I earn a fair chunk more than £50k at the moment, and have lowered my sights to a 350/370z (or something else entirely, a Phaeton is still on the list). There's just too much potential for a large, unexpected bill that upsets finances for months/years!
  • Indout96
    Indout96 Posts: 2,387 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Ozzuk wrote: »
    None yet, ordered the 2015 UK RHD model, told I should get one of this years batch. Its a bit of a lottery though so we'll see but its a boyhood dream.

    700bhp...that is pretty epic!


    Cool - I was hoping for an option on 1 when I changed my Focus ST in March (got another ST) I am on the F&F deal with Ford so change cars every 9 months ish so maybe next one.
    Totally Debt Free & Mortgage Free Semi retired and happy
  • teabelly wrote: »
    Get an Audi RS6. Much more practical than a GTR ;) 2004/2005 ones are around £10k then you've got £6k in the bank to run it for a year.

    If you can't afford to buy a depreciating asset outright then you can't really afford it at all. Buying a car which is more than your entire gross annual salary using finance is a short cut to disaster. If you really want one then save up for it first and make sure you research exactly how much it will cost to run.

    A car is almost never an asset, its almost always a liability, and a GTR would certainly be a liability.
  • gzoom
    gzoom Posts: 604 Forumite
    Tenth Anniversary 500 Posts Name Dropper Combo Breaker
    edited 8 May 2015 at 1:51AM
    GSS35 wrote: »
    Some people even have a car like this on a 30k salary, so I think it's possible.

    Humm can you I think your find its pretty much impossible to run a Nissan GTR on a 30K salary, if you want to have any kind of money left over.

    I've seriously looked into the running costs of a GTR/M5, realisticlly your looking at around £1000-1500/month ALL-IN when you factor in depreciation.

    If you have that kind of money to spend on a car great, go for it, and many people do, plus much more when you start modding them. Only you can decided if it's worth spending that kind of money on a car in your current financial situation, but try to take some advice from people here who have owned/run high performance cars.

    It sounds like you have made up your mind anyways, so just go for it....We all learn from our mistakes ;)

    I bought my old 350Z on PCP, worst financial decision I've ever made, but at only £20K, its pocket change compared to the purchase/running costs of a GTR.
  • GSS35
    GSS35 Posts: 8 Forumite
    edited 9 May 2015 at 1:45PM
    gzoom wrote: »
    Humm can you I think your find its pretty much impossible to run a Nissan GTR on a 30K salary, if you want to have any kind of money left over.

    I've seriously looked into the running costs of a GTR/M5, realisticlly your looking at around £1000-1500/month ALL-IN when you factor in depreciation.

    If you have that kind of money to spend on a car great, go for it, and many people do, plus much more when you start modding them. Only you can decided if it's worth spending that kind of money on a car in your current financial situation, but try to take some advice from people here who have owned/run high performance cars.

    It sounds like you have made up your mind anyways, so just go for it....We all learn from our mistakes ;)

    I bought my old 350Z on PCP, worst financial decision I've ever made, but at only £20K, its pocket change compared to the purchase/running costs of a GTR.

    Well I did find it a big stretch but then circumstances are different for everyone. Maybe these people have ridiculous savings or an inheritance or whatever.

    I'm not going to underestimate the running costs of this car.

    As for me, I've scrapped the finance idea. I can afford a 2011 car outright, but of course need cash left over! Hence another 12 months saving up. That way, I get a used model that's already taken the brunt of depreciation, if I can't maintain the car, I can sell it, and yes I may lose money, but I have to be willing to be able to write off the entire 50k (or whatever) when I buy the car. Also, if I lost my job, then I'd be in problem so I'd need like a year's worth of cash saved, so I may as well abandon finance. With no finance, the running costs are even more in my budget/means. So I've taken comments in this thread on board (After all, this is about money management and there's been a lot of differing views on here and I'm listening to it all). And with no finance, I'd really enjoy the flexibility I get.

    Insurance is £700 - £800 a year, but I have not yet tried specialist insurers. The implication of this being my first performance car is that I cannot really get a modified example, and need to get standard, show I can handle the car, a year later, I can modify it as I wish as I can handle the car. That's no biggie, and I'm looking for a standard car anyway. It should come down even more with another year's NCB (I have 9, which is beyond the typical 5 year maximum).

    Someone misunderstood me about job security, I meant in my current job, I have very good job security, but I'm not planning to move companies as I don't want to jeopardise this job security (Which is quite rare).

    The car is easy to drive, I've driven it on a track and I've rented it. However, when on the street, I'm not driving like a loon so it's like any other car. How easy it is to drive then, is another story. On the motorway, I'd give it some gas, but never WOT. And in the rain (which it did rain when I rented it), I was even more cautious. Ultimately, I respect what the car can do. Things like when the lanes are narrow I'd interpret and not be foolish to floor the car then. Ironically, a high performance car like this would make me even more careful and defensively drive then a "normal" car (my license is clean BTW).

    mattyprice4004 - which debt do you mean? If student loan, that is almost paid off. If mortgage, I plan to get my own place and live there when I'm married and also with my parents, thus taking the rent from the house I have and putting that directly into the mortgage to overpay. If/when I get the car, I can budget 1k a month in savings for my next house, which is pretty good. Ultimately, me and whoever I am with would both see a house as a joint goal, but we would not see a GT-R as a joint goal, so I have to do this now before I am "commited". I also assume you have more dependents/different priorities to me. My life is simpler as my costs are luxuries which I can (and am) restructuring. I decided to live a conservative, boring life, but do one big thing to have fun and that is this (I don't drink, don't smoke, no kids, no pets, etc). It's the expenditure not the salary really that matters... RE big repair bills, I've researched all about this i.e. gearbox issues. I have the same situation with my house and work that is needed every now and then. I just have to keep spare change (hence getting one next year) and manage the risk (i.e. weak links in the gearbox I can change with uprated aftermarket parts and keep an aftermarket warranty and the cost of those parts is like £100-200). Nissan did really compromise on this car unfortunately.

    I don't think there's any right or wrong way to go about what I do with the money here, as each way has different benefits and is for people who want different things in life.

    The thing about a GT-R is not the performance, it's when you sit in it, you know you are sitting in a very special marque (regardless it's a Nissan). So I get a lot of people saying you can't drive it fast on the street but then why do we buy BMWs that can do 150mph and not a G Wizz. ;) I would only really fully floor this car on an airstrip with lots of run off, not on a motorway where there is no run off/more hazards/potholes, etc.

    As someone else who is getting one said, this is a boyhood dream, and for me, I want to know what it feels like to experience the fulfilment of dream (and youngsters have a lot of unfeasible dreams but this can really happen!). This could be a once in a lifetime opportunity for me because when I have more commitments, it could be too late. It's a massive risk, but I have to make it work for me.


    Credit where it's due, a lot of people in their 20s wouldn't plan so much that they seek advice on here prior to such a big purchase. I'm leaving no stone unturned in researching this car and I've planned this for years.
  • motorguy
    motorguy Posts: 22,611 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Everyone is different so fair enough, but i really dont get this?

    Live at home with parents whilst heading towards middle age, by your own admission lead a "boring" life, have driven non performance cars this past 9 years then WHAM whack down £50,000 or whatever and buy a supercar (in all but name) with the running costs of a small South American country. :eek:

    By your own admission you wont be able to open it up on the open road - and you dont seem to want to drive it fast anyway.

    Just all seems very odd.
  • Moto2
    Moto2 Posts: 2,206 Forumite
    edited 9 May 2015 at 5:16PM
    Save yourself a fortune and buy a Yamaha R1 or a BMW S1000RR
    Much better power to weight and able to get you into trouble far quicker than a GTR

    :). :rotfl:
    Change is inevitable, except from a vending machine.
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