yea i think it depend on where u stay b/c the cost of living in areas are higher than others over here in dallas u would have no prb getting a s2k and staying in a nice apt and still have plenty of $$$$

 

Where do you live? I currently share an apartment with a roommate, and after all expenses (rent, bills, food, car payments, maintenance, insurance, gas, 401k, etc etc), I don't have too much money left over each month. There was no way I could afford a brand new s2k without a much larger down payment (think $15k or more).

Honestly, I would look into getting a used s2k if you can. There are plenty of lower mileage ones around--just make sure to have it inspected before you purchase. You can save yourself a good amount of money, and not have to live paycheck to paycheck. I'd hate to see a thread posted in the next few months saying that you have to sell your brand new S due to financial circumstances....

 

SoCal really sucks when it comes to cost of living... makes me want to leave this place sometimes...

 

Got lied to by cops numerous times about where I can take care of a BS ticket, blah blah, eventually forgot about it and supposedly i was notifed by miami clerk of court and was unknowingly driving for 3 months with a suspended license. but 2 more weeks and I'll be good to go again

 

I am new here and just browsing the forums before I jump into an s2000 myself. I am in the same position as OP and I'm going to be graduating from college soon also. With an average expected income ranging from anywhere from 40k-60k and living in cali, by no means does that make you a "baller" But it will be a decent amount of money for a starting income.

If OP can find a way to reduce his costs of living by trying to share a room with a friend or two or find some relatives that can rent a room out; that will definitely help. Or if he has a GF, move in with her and split the costs with her lol.

When I graduate in about 4 months, I'll be looking for a used s2k myself, probably MY02+. I have looked around on autotrader and craiglist (SF area and OC area) for some s2k's and saw some prices ranging from 15-20k. Looking now and seeing if the opportunities will allow me to purchase in the future. =)

OP I suggest you do the same and buy used. A college graduate shouldn't be burden with a car note especially with many other financial responsibilities.

 

The choice is really yours. Obviously the fun factor is important, but at the same time you don't want to be stressed out about bills every day. You should think about how your income grows down the road. Sometimes it's not about what you earn now, but what you will earn -- you need to be realistic though.

Just remember that your projected cost of owning the S2000 would most likely be higher than you expected initially; gasoline consumption would be higher (due to more spirited driving), and you should consider "unexpected costs" such as break pads, mods (doesn't have to be big ... but like nicer floor mats and a shift knob could easily add to the bill), and (knock on the wood) maybe even speeding tickets.

 

Absolutely! But it is well worth the cash!