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Im 20 and i just bought a 34GTR nur. And no one else helped buy it. Well i'll be picking it up next week.

I studied hard and actually got a well paid job before finishing my degree so it is possible.

Possible but extremely rare, buy the STi yourself as well? With no external funding (ie olds giving you a savings account, money for 18th etc?) :)

I mean a degree by 20 is rare as it is, you'd have been @ uni since 16-17 and clearly not a dumb kid, so fair enough in that respect and well done if you've been able to achieve it.

I bought my own house so I have a mortgage as well.

Do you still live @ home though? That question was nicely avoided so im guessing yes - which makes all the difference :)

To the OP - you are talking about what, 80-90k of GTR, that wont appreciate for many years as stated. Fat chance of it going up in the immediate term, and if you intend to buy it and drive it - adding KM's is probably going to cause depreciation. You'd need to hard park it in a bubble realistically.

Smart move is to buy property first.

not having a go at the young guys in here, but i have a question. how much of your own expenses do you pay? do you pay for groceries? do you pay rent? do you pay for electricity, internet, etc? or do you simply pay a small amount a week in board which covers all that? if yes for this last question, then in a large way your parents are helping you pay for your car. this goes for the young kids that have saved up house deposits too. it's easy to say you paid for your own car/house when your parents pay for everything else leaving you lots of spare cash to save.

on topic though, it's going to take quite a few years for them to appreciate in value, and in that time, if you take into account the rego and insurance you would pay on it over that time, you would probably still end up losing money on it.

agree with this.

I live at home..

i give my parents a good $500.00 each fortnight to help with bills mortgage groceries and whatever else, as does my sister.. but i still cant imagine if I had to do it on my OWN, no way I would have my stagea - let alone a 34R...and i am given a pretty good salary fwiw

$500 a fortnight? fk me i spend more than that in a week on just rent and food lol. You are lucky guy! :P

yeh i know this. lol

tis why i dont go around braggingsaying i do this i do that all on my own.

How do you get a degree by 20?

Graduate high school at the age of 17-18, graduate uni at 21-22.

Unless it is like a three year arts degree?

I got the job before finishing my degree. So now Im still studying part time while working full time to finish it off.

But ash was right, i was in uni at 17.

As for my sti, i had a little help from parents when i was younger with money that i put in long term deposit. Then i got a job and kept adding to it till i was 19. Didn't take a loan though. But i do owe some of that to my parents for getting me started and encouraging me to save instead of blowing it all on hard partying weekends lol

How do you get a degree by 20?

Graduate high school at the age of 17-18, graduate uni at 21-22.

Unless it is like a three year arts degree?

Hypothetically, someone could have a degree at age 19, in their 20th year of life. Granted you're born very late in the year and only obtain a basic 3 year degree.

I'll wage into this debate. It's hard to comment of what others do or don't have. I happen to own a CE lancer, R32 GTS-T and a 2005 350Z. Yes, I concede do live with my parents at a generous rate and do study full-time at university. But at the same time, it angers me when people make comments about my money/spending patterns. I receive comments from people around my age (20) about how much I must owe or spend. I work 24 hours a week during university semesters for an aggregate total of about $680 a week gross. I do contribute to my parents household costs too.

But I live like a misor. I'm not tight with money and I won't be stingie, but I don't go out and blow it all. I've spent about $1500 on clubbing in the nearly 3 years I have been an adult and it shits me off when people who spend $150 a week without fail on getting drunk decide to critique MY spending. Because I have a phyiscal manfiestation of what I earn, instead of a lot of hazy nights.

I think it is possible to own nice things, but I think some of us try to run before we can walk, financially.

Edited by Truffles

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