General age group of S2000 owners
26, bought a house at 24. Married, no kids. Bought the house first, then bought the S. I figure it this way. My equity is my savings right now. I do live paycheck to paycheck on occasion, but usually we have a bit of padding. I do recommend getting even a small house/condo/whatever as long as you can buy it, not rent. That is by far the BEST savings plan you will ever get.
1. You can live there, so while you're "saving" money in the house, you get use out of it.
2. You gain equity above what you pay. You definately pay a lot in intrest, but don't forget, you're also saving any rent you'd pay out as well.
3. If you find you've got a good surplus, you can overpay the loan w/o penalties (as far as I've seen, certain situations may vary), and that will help you two ways. Less intrest because you're paying straight to equity, AND that money will gain more %-wise than it would sitting in the bank gaining intrest.
4. Gives you someplace to store your S that's locked, covered, and protected.
1. You can live there, so while you're "saving" money in the house, you get use out of it.
2. You gain equity above what you pay. You definately pay a lot in intrest, but don't forget, you're also saving any rent you'd pay out as well.
3. If you find you've got a good surplus, you can overpay the loan w/o penalties (as far as I've seen, certain situations may vary), and that will help you two ways. Less intrest because you're paying straight to equity, AND that money will gain more %-wise than it would sitting in the bank gaining intrest.
4. Gives you someplace to store your S that's locked, covered, and protected.
Oh yeah, forgot to mention. I decided to bite the bullet and get the S now since I figured that if I pay the S off, even without being able to put a lot of money aside, I'll be able to get a beater that's more family friendly by the time I have a family and the S can be a garage queen after serving its tour of duty as a daily driver now. This way, I can enjoy it while I'm young and keep it after the wife pops out a couple.
26...bought my dream car '04 last year. Love it, love it, was sick for a month or two after I bought it 'cause I'm so PRACTICAL. My husband practically had to buy it for me (I had been fawning over it for three years). When I signed the papers for it the man asked me to say out loud that I was not doing it under duress and all I could do was nod (wanted to pass out). He asked me again to say "yes" out loud and I managed it that time. Couldn't drive it for two days...couldn't believe I bought the car of my dreams. I felt like I just spent $250,000 on a car, I liked it so much.
People ask what car I would drive if I could have any in the world, and my constant answer is my Sebring S2000. Otherwise, I would pick the most expensive, divide its sale price by $32,000 and by that number of brand new S2000s, all in different colors. Guess I would have to subtract one and build myself a very nice garage.

For me it was now or never. Literally. If I didn't buy it then, I never would have. I am glad I did it now. I really like that car.

48 yr old female Elementary school principal with 3 kids. Decided to treat myself since all of my money goes for college for the middle child and clothes for the youngest child. The oldest makes his own training to fly jets for the Navy.Traveling at fast speeds runs in the family!
20 Own most of the car, worked full time since I was 15, going to school with a a business major, planning on purchasing a home in a year or so. no other debts other than the car. which is small just under 500 a month when I bring in more than double that every 2 weeks
22- bought my 00' a week ago. I also live w/my brother in his house and drive a 90' chevy pickup daily. (the S is the weekend car right now) No CCs or debts. I make give or take $20,000 a year. I have no problem with my decision b/c I'm happy. Just set some fall back money aside and you'll be fine.


