I have a 5.0, and I REALLY would like to get a 03, 04 Cobra with low miles. I was wondering how much it cost a month for one plus insurance. I am 18 and I have two speeding tickets that I got about a year ago.
Jamin McKenzie said:Unless you are rich, have money from daddy, or aren't going to college....at 18, is it really worth the expense?
mcnaz said:here's a suggestion: take Finance 101 in college. You'll learn how to amortize a loan and figure out monthly payments based on present value, interest, and terms. If you finance $25K for 5 years and get 7% APR you're looking at $495/mo. That's assuming you have decent credit - most 18 yr olds don't have well established credit and either get a bogus rate or need someone to co-sign. Go to progressive.com and get a free insurance quote. Done.