If I wanted a evo what kind of yearly salary would I have make in order to afford one? With insurance and maintanence and lets say this is a 2003 evo?

 

figure 200$ for every 10K you finance. MY insurance is cheap through USAA at 98 a month (0$$ deductibles) but can go from 100 to 400 a month depending on your record. As far as maintenance...gas is a Biotch, synthetic fluids are $$$ and if you tune...well you gotta pay to play. I make about 48K a year in the military. More now though.

 

$4,580,000,000,000/yr or else don't even think about it.

Seriously; Get quotes for the car & insurance first, then see where that fits into your current budget. If it doesn't work out, it'll be easier to shop around for another car than to shop around for a higher paying job. Don't live and work for your car.

 

Two things:

1) Obligatory "If you have to ask, you can't afford it."

2) Depends on your other financial commitments.

I budget about $750/month for my car (payments, insurance, maintenance, etc).

 

It depends on what your other expenses are. Do you have a mortgage, credit cards, etc? That is a factor. You could be making peanuts, but have no expenses and it wouldn't be a huge deal to own the car. You could get insurance for ~105/month. That is what mine is...and I pay $380/month for the financing, but I throw an additional $100 on top of that to pay it down quicker.

As mentioned above by akunochi , fluids/gas/maintenance can take a bite out of the wallet. Mods and tuning can put a serious beat-down on cash flow as well...

 

$32,000/yr, single income, with a wife and kid. I manage just fine with $500 a month loan and $110 a month insurance payments.

 

Is it worth it to be broke even though the evo is such a great car? Because from what I understand the base lancer is just not worth doing heavy modifying.

 

 

LOL... well, I personally am breaking even in college with it. I don't consider myself to be broke, but it eats most of my money, and I don't do anything at all to it. Only Oil, and cheapest/reliable replacement parts when needed.

The car is a hobbie in itself, an expensive one at that too.

I gave up a lot of other stuff I like to have it, which I miss. But I love my car too!

It's a choice, not a child. haha

 

No. I would not recommend if you are going to be broke with a hot car.

Wait a few years until you have all your financial ducks in a row, then buy something badass. Evos are nice, but in a few years the Camaro and Challenger will be out...and who knows...maybe the EVI XI will be lighter and faster than the X.

 

+1 you have to sacrifice alot to have one and your in college too! do have alot of heads turn when you drive through campus? I'm in college too and my car has sucked money up I could only imagine yours.

 

I don't personally see the point in being broke because of a car but that's a decision you need to make for yourself. I enjoy having plenty of money left over every month to go out and have some fun or buy whatever I want.

 

+1, money leftover at the end of the month is a good feeling. Nothing sucks worse than having zero balance.

I had a junky car in college. No regrets.

 

Lol that was funny. I love star trek too.

 

ok, totally off topic, but ambystom01, your countryman Georges St. Pierre is fighting Matt Hughes again this weekend. Can't wait to see it, and I am hoping GSP knocks Hughes out....sorry for digressing "and now back to our regularly scheduled post"...