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      03-17-2012, 05:08 AM   #84
SGScuba
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Drives: BMW 328i F30
Join Date: Mar 2012
Location: Singapore

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Quote:
Originally Posted by Blindside_137 View Post
college kid, spent all his savings (30K) from scholarships and research grants and high school jobs plus selling some shares and his parents chipped in another 13K for his car.

He has less than 1 grand to his name now, so he doesnt want to spend every last dime lowering his car. That money's going to more important things, like spring break lol
College kid spends almost all his savings and then some (parents' $13k) to buy a car he can't afford to install new springs on, just so he can have the privilege of driving a honking big 650 around?

Unless he has a source of significant income (and no, scholarship and research grants for a college _kid_ won't amount to significant), this kid is heading to financial irresponsibility and future indebtedness. Would it kill him to drive a smaller & cheaper car?

Sheesh, I'm feeling my age!!
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