Talk me into or out of this. 
I've been lusting after a Plaid for 3 years now, but as a public school teacher living on Oahu a 100k+ car is more or less out of reach of a sane individual.
I love outrageous cars though. They're my hobby and passion. I'm always picking up extra tutoring jobs after school and on weekends to support this habit as I'm very loan adverse and always advise others to NOT ever take a loan on anything other than a home purchase unless the rates are insanely low or zero. I've been scrapping the bottom of the barrel with cool car purchases the past several years. Some of my recent cars that I've bought and then sold over the past decade: A WRX STI, a beat up Lotus Elige, a 100k+ mile modified drift Viper GTS, and a mildly restored '59 Cadillac which I sold last month. I once took out a loan on a C7 Z06 sold used by a dealer, but that lasted all of 3 months - I could not stop thinking about the loan hanging over my head and the interest I was paying so I decided to sell. It tuned out that I was able to sell that car for 9k more than I paid for it from a dealer so that worked out shockingly well.
I plan to own a Plaid one day when they become more affordable on my salaries and have been excitedly watching the used market on these take a hell of a beating (sorry guys, sucks so bad to be most of you I know).
I have never driven one. I've ridden in one several times two summers ago (thank you @Dameon ) and liked what I saw/felt. When I visited family on the mainland last summer I searched high and low for one to rent on Turo so I could get a taste for it. Could not find one in southern CA so I went with a regular '22 S for a week. Liked it, but it didn't blow my socks (the airbag module did fall out of the steering wheel into my lap twice under hard acceleration - yay for Tesla quality). Still want to go all-out to a Plaid some day.
A few weeks ago (I check daily) I noted that there was a Plaid in the local inventory for nearly 10k off. In the color I would want especially in the tropical sun of Hawaii (white). A hair under $100k. I have 50k saved up. Taking out a loan for 50k especially at these rates would cause me many a sleepless night, so that was a no. However, was thinking after sumbling across a few youtube videos about Turo success stories (albeit with cheap and reliable cars)...
Would there be enough of a demand to make it financially feasible to do this with a Plaid on Oahu? Would you do it if you were in my shoes?
Talk to me.
-Paul
I've been lusting after a Plaid for 3 years now, but as a public school teacher living on Oahu a 100k+ car is more or less out of reach of a sane individual.
I love outrageous cars though. They're my hobby and passion. I'm always picking up extra tutoring jobs after school and on weekends to support this habit as I'm very loan adverse and always advise others to NOT ever take a loan on anything other than a home purchase unless the rates are insanely low or zero. I've been scrapping the bottom of the barrel with cool car purchases the past several years. Some of my recent cars that I've bought and then sold over the past decade: A WRX STI, a beat up Lotus Elige, a 100k+ mile modified drift Viper GTS, and a mildly restored '59 Cadillac which I sold last month. I once took out a loan on a C7 Z06 sold used by a dealer, but that lasted all of 3 months - I could not stop thinking about the loan hanging over my head and the interest I was paying so I decided to sell. It tuned out that I was able to sell that car for 9k more than I paid for it from a dealer so that worked out shockingly well.
I plan to own a Plaid one day when they become more affordable on my salaries and have been excitedly watching the used market on these take a hell of a beating (sorry guys, sucks so bad to be most of you I know).
I have never driven one. I've ridden in one several times two summers ago (thank you @Dameon ) and liked what I saw/felt. When I visited family on the mainland last summer I searched high and low for one to rent on Turo so I could get a taste for it. Could not find one in southern CA so I went with a regular '22 S for a week. Liked it, but it didn't blow my socks (the airbag module did fall out of the steering wheel into my lap twice under hard acceleration - yay for Tesla quality). Still want to go all-out to a Plaid some day.
A few weeks ago (I check daily) I noted that there was a Plaid in the local inventory for nearly 10k off. In the color I would want especially in the tropical sun of Hawaii (white). A hair under $100k. I have 50k saved up. Taking out a loan for 50k especially at these rates would cause me many a sleepless night, so that was a no. However, was thinking after sumbling across a few youtube videos about Turo success stories (albeit with cheap and reliable cars)...
Would there be enough of a demand to make it financially feasible to do this with a Plaid on Oahu? Would you do it if you were in my shoes?
Talk to me.
-Paul
.
