Talk me ouy of getting a 458/ 488 guys

You are asking a bunch of weebs on a Tanzanian basket weaving forum I'd it's a good idea to buy the second most expensive thing you'd own five years from now.

Maybe you should reconsider this attempt for attention send focus on making it through school.

Here's your (you).

I'm trying to get an R33 GT-R when they turn 25 years old and even living rent free with my parents with a projected 100k/yr salary I don't see how it's feasible to justify dropping the 100k that it will take to get one totally rebuilt and rust-free, properly modernized (R35 brakes, injectors, new Getrag V160 with 3.916 final drive, etc), and CA legal (10-20k).

You're trying to make this work with 50k. Best of luck, it's absolutely not going to be worth it.

Why wouldnt it work for you? It only costs about 22k to live (food, transportation, housing) and youve taken housing out and transportation is what youre dumping your money into.

Why not just join an exotic car share club. I mean if you can afford a 488 GTB then that should be no stretch.

Good Luck

But what im wondering is if i do get into the residency program will 50k a year with no other expenditures cover it. I personally think it can since like i said in my other post, ill spend collectivley maybe 10k of that on food and other miscellaneous things. Sure the wiser thing would be to save it and invest but yolo

Look, this kid thinks it's worth spending 6 figures on building up an R33 GT-R - a 20 year old car that he has likely never even sat in. I can maybe understand if he's trying to go for the restoration/classic route, but he's talking about modding it and throwing all kinds of stupid shit on it like it's still 2002.

If/when he gets to the point where it's actually reasonable to accomplish his goal, he'll realize how ridiculous it is.

not going to make it

Dude Im 20 and Im also applying to med school. At 20 you dont even know if youre gonna get into med school. Keep dreamin if that what helps you get good grades. Buy a fun cheap car like I did to blow off steam from that last A chem exam.

You'd think someone on the MD track would be smarter with money than you, but you're fucking retarded. That $50k a year you'll make as a resident doesn't include taxes, insurance, cost-of-living, etc. Not to mention you're going to work so much that you won't even get to enjoy your ride. And there's no way in hell you're getting approved for a $140k loan for a supercar in your mid-20s.

And if you suck at medicine you're going to end up with a geriatrics or shit-tier internal medicine residency in the middle of bum-fuck nowhere and you'll be making $150k starting as a newly-minted 00 attending working graveyard in a soul-crushing immediate care center or nursing home, rather than cardiology, radiology, neurology, surgery, etc., where you'll make enough in your first year to buy a Ferrari outright.

Ferrari clutches last more like 5-10k miles.

It isn't a daily driver and you have to consider support costs. A lot of classic car insurance policies will require garage storage for coverage.

And as a general rule it doesn't make sense to drop a full year of gross income on a car. Just an awful idea from a financial perspective. It's likely that I'm going to be working 60 hour weeks and hopping jobs to push up income as far as possible to pull this off.

I've sat in an R32 GT-R and driven one around enough to know that it's what I'd want as a weekend car. I've talked to multiple importers and read through half a dozen SAE papers to figure out what will make this viable.

The R33 GT-R's gearbox is weak. The oil crank is weak and will break if you bounce off the rev limiter even with the post 1992 upgrades. The lack of dry sump lubrication means that hard cornering will lead to oil starvation. The engine has no external EGR nor variable valve timing which makes it incredibly difficult to pass California's emissions regulations for direct import vehicles. Many OEM parts are no longer in production and completely out of stock throughout the world with no plans from Nismo nor Nissan to make a new run of parts. The stock turbos are fucking garbage and will destroy your engine if you lift off the throttle when the ceramic exhaust wheel shatters. The JDM vehicles were woefully undercooled due to the 112 MPH limiter, the UKDM R33s had significant cooling upgrades.

To resolve all of these well-understood weaknesses in the R32/R33 GT-Rs, pass California's direct import laws, and have actual parts availability in the future it's going to be necessary to modify the car from stock.

And a new set of supercar rubber is going to easily set you back $1400. Not to mention that if you have a Ferrari, you can't go do your residency anywhere that snows, unless you're going to garage it for six months out of the year. So no east coast programs like NYU, Columbia, Hopkins, UMass, Princeton, no Big 10, no Midwest programs like U of C, Northwestern, Loyola, Rush, Mayo, etc.

Basically you're limiting your realistic choices of residency to the medical centers in California (highly competitive) and Texas.

Jesus. American doctors make a lot of money. 150k is a lot more than I'll ever make as doctor here in Norway.

Nice what field are you going into? And yeah it is a dream of mine. The 458 is my favorite car but if i bought one I would want to drive it everywhere. But i heard your networth has to be in the millions to own one which technically with the salary im projected to make I cant afford one. But with the program Ferrari is offering it seams my dream could come true sooner than I thought.
Can you read? I said cost of living is taken care of. All the money i make will go into my pocket. And why wouldnt I get approved? Most people only put 20% of the value of the car. I doubt in that time they will still cost 240k. Right now they are going for as low as 190k. If i put down more than 50% of the value and have very good credit with a long history of paying my bills I dont see why not.
The 458/488 has dual clutch transmisson. So yes it does last 70k+ unlike the old ferraris

I'm almost certain that American doctors work longer hours than their Scandinavian counterparts and pay far, far more in malpractice. Malpractice for OB/GYNs, anesthesiologists, and surgeons can easily top six-figures.

Thats what happens when the medical boards and gov't artificially limit supply of doctors.

That and the 200k for an undergrad degree and then 250k for med school and then making 50k working 70 hr/week for 3 years before you start making that.

>Can you read? I said cost of living is taken care of. All the money i make will go into my pocket. And why wouldnt I get approved? Most people only put 20% of the value of the car. I doubt in that time they will still cost 240k. Right now they are going for as low as 190k. If i put down more than 50% of the value and have very good credit with a long history of paying my bills I dont see why not.
>why wouldn't I get approved
>financing six-figures for a used exotic car as a 25-year old making ~$50k a year

You have the arrogance to make a great doctor, I'll give you that much.

> 70 hr/week for 3 years before you start making that.

Try five years plus another year of fellowship ($80k? some extra perks?) if you want to make bank. Some surgical specialties have seven years of residency and two more for fellowship. And 70 hours a week? That could be a low estimate depending on the program.

>arrogance
>great doctor

pick one

Yeah. You're definitely right about the malpractice insurance. Although doctors work long hours here, too. Working for 24 hours straight is not uncommon. And work weeks are limited by law to 60 hours, but I'm sure that is not always followed.

Yes I am aware of this. I actually figured it was 2k for some Pirelli P Zeros which need to be replaced every 7k miles.

Ill do my recidency right here in the state of Florida. While I would like to do my residency at the most competeive place possible. I feel I will still be able to provide my patients with the best care possible wherever I go.

Are you fucking retarded?

You want to buy a 200k car when, in 10 years, 100% of that will be your annual salary?

Not only that, but you want a gold one?

My god you are you stupid motherfucker.

>Ill do my recidency right here in the state of Florida
>implying you have a choice

What kind of medicine are you looking to go into? Because unless you're pediatrics or internal medicine, you're going to have to cast a net far and wide to find the residency you're looking for unless you have perfect MCATs and a 4.0+ GPA, and give great head.

can you spare me 500$ so I can buy a car
thanks

In Florida you can get cheap housing. OP is better off using his money now to get a mortgage on a cheap piece of property and then selling it once he finishes residency, taking the equity and proceeds and using that towards a down-payment, when he has that attending pay stub and can get a far better rate (and when you'll actually get a loan for a supercar).

Youre right it will be hard. I didnt think about that. Thanks for bringing up that point. I always assumed that once I got
into med school i made it. But that is not the case

Yes, he should do that. He should look at cheap housing.

He shouldn't however even be considering supercars. If your annual salary is 200k, supercars are not even on the horizon. And DEFINITELY not get a loan for a supercar, you'd have to be a complete dumb fuck. Not to mention his insurance will skyrocket since he's young driving a supercar.

Just such a terrible decision, it's like asking someone to bankrupt you.

I love supercars too and hope to own one when I am young but if you buy one op you are literally the biggest retard ever. Not to mention there is no merit to owning a supercar when your house is small af.

IMO, an expensive and unnecessary car payment is only going to add stress when you're going to have plenty of that throughout your 20s. If you want to blow off steam then bang some nurses or buy some guns.

And if you show up somewhere on day one as a new resident with a fucking Ferrari you're going to be hazed mercilessly. Hell I've never even seen a Ferrari at any of the hospitals I've been at (though the chief of surgery at UIC was rumored to have a Ferrari). The most exotic car I've seen in physician lots has been an Aston Martin, a few Teslas, a new Shelby GT500, and the usual Jag/Lexus/Merc/BMW. I also see a lot of minivans, Nissans, Acuras, even GM (non-Cadillac too). I saw one of my radiologists get into a fucking Honda Accord coupe.

What shit hole area in Florida do you live in? Average cost of a house around here is 500k.
When considering buying a super car for hundreds of thousands instead of buying a nice house with that money, you are just fucked. You are pissing away that money when you could be putting into a house that has the chance in going up in price.

I come from a huge family of doctors and it is extremely frowned upon to bring exotic cars to work.

Especially since in most large hospitals it says your name in large print on the parking spot, so everyone from the nurse assisting you to the other staff are going to resent you. Also its generally a bad idea to drive an exotic to work everyday. Which is why you see a shit ton of german cars.

Not shitposting mate, as I live in a mostly socialist country too, but honestly that's the price of socialism. You get to feel smug and pay over half your income in tax to house refugees and have "free" healthcare/education, but it comes at the cost of suffocating your nations economic potential. And when a doctor/engineer/lawyer makes less money, they have less money to spend on houses, cars, holidays and all the services that go hand in hand.

America isn't immune to this disease it's just not quite as progressed as most places. Socialism is a cancer.

the maintenance on every ferrari is more of a killer than the car itself. the 360 onwards ferraris dont need a engine out service. but up to 355 does...

>gets told its a bad idea
>nuh uh I can finance it in 10 years
if you just wanted approval go somewhere else

God I pray you don't want to be a doctor

I've seen many of these. Every bio major thinks they're going to be a fucking doctor until they actually have to do the work and realize that the path to a doctor is not just AP Bio.

I only have a bachelors and make $90000 of your monopoly money right out of university.

Must suck being shit at your job I guess. By the time you make your $150k, I will be making $200k. Feels good being a top tier engineer.

>be me
>makes 600k dollarydoo's a year
>still not buying any car thats 100k+
>reading that some dumbfuck wants to buy a supercar with 50k like wtf

Id get a 911. Its not as exotic looking but you can actualy dd 911. My stepdad had 458, while its better than california and 360 he had, its still ferrari. Made for silky smooth tracks on weekends. If you try and dd it stupid shit will go wrong all the time. It doesnt matter if its paid for, its pain in the ass.

Everyones a hater op do it!

Are you an NFL rookie or something?

This.

You could get a dozen miatas and a mountain of tendies for the same money.

Reaction thread? OP will never buy a 458/488 with 50k/yr

Kek, if you're gonna buy a money pit at least buy a cheap one. Rebuilding the engine every 12000mi is fucking retarded.

Maintanance is free for 7 years on all of the new Ferraris with the exception of the LaFerrari.
Im not looking for approval. Ive just been dreaming everyday that I could actually own one but you all have actually convinced me out of buying one

>maintance free
>warranty

Again the only place im losing money is in insurance,gas, and deprecation if i drive it a lot. In fact the only sound argument here was the fact that I will not know where I will be doing my residency. There for it will be stupid to buy this car because for all I know i could be going out of the country.

ferrari 458 are meme cars and are for people who "like" cars but dont know anything about them i.e. you.

Insurance for Ferrari you're limited to certain amount of miles a year so it's still a waste of money either way.

Why do people on Veeky Forums get so upset when someone even brings up super cars? I like the 458 because it is the last ferrari that is na and the most beautiful modern ferrari imo (with the exception of the laferrari which is completely unattainable)

I hope it's not the one in the picture, because that's revolting.

>Any reason I shouldnt get one?
You can't afford it.

>I like the 458 because it is the last ferrari that is na

wat? The GTC4 Lusso is also NA.

jealousy

but i would never get one as my only car even if i could afford one

Thats front engined and im pretty sure more expensive

>talk you out of getting a Ferrari

You don't have the money user.

>thread

Nobody can tell you what to do with your own money. For now I would just save up, and maybe in a few years you dont want a ferrari anymore. Atleast you have a fat bank account then.

Hey idiot you should move this to Veeky Forums so people will tell you even more how much of a retard you are.

Go get one... only if you can afford two. Meaning if you don't have at least 1 million dollars to spend, don't

if this isnt some troll or somthing op should be embarresed

You might want to pay back the $200k for your degree first, faggot. Until you do that your still technically a poorfag.

I know this one 25 y/o welder chick who makes $300k a year but still lives at home, but she's got a Ferrari.

It's not impossible to own one on a budget but definitely not worth it. You'll never ever use it's full potential because you can't really afford it. You'll probably wind up keeping it in your garage and wiping it with a diaper while it depreciates into nothing.

No, you would just have to replace the whole trans when a clutch goes out.
So you know the difference between a DCT and MT?

you should try this Porsche first.
youtube.com/watch?v=Pm8Xo7OvM4A

>biology major
>200k

lying to yourself past teen age is sad

arrogant doctors kill thousands of people a year you fucking dimwit

>he actually thinks things will go according to "plan" and he will be making 200k a year with a biology major

So is the F12 and the LaFerrari. NA Ferraris aren't going anywhere.

The 458 isn't that special, you can get a lot more rewarding cars for a lot less money. You'll have many years to reevaluate when real life starts. Not that it will ever happen, but if you have to stretch your finances to buy a car at least get one that will hold it's value. They made shittons of 458s, they're going to fall over time, doesn't matter if it's "the last NA V8 mid engine DCT Ferrari ever made!"

If you read the OP, my degree is all paid for

Anyways can this thread just die already. Ive been convinced not to get one. Idk why people keep posting

People are assholes. Make it your dream, just like a corvette is a factory workers dream car you'll have a better job, a Ferrari can be yours. You'll probably just keep it forever, not the 7 years you're wagering.

I just want to remind you that malpractice insurance is easily forgotten and one of the biggest expenses you'll have in your life. Easily a third of what you make.

Congratulations on the paid for education, I wish I had such luck. Wish you the best OP, truly.

>Idk why people keep posting
Probably because it's Veeky Forums and not yahoo answers. Do you really think anyone in this thread actually came into thinking "I better give this guy advice so he can resolve his issue!" There's 100 threads like this a week, people post in them because it's mildly entertaining to see people that have absolutely no idea how real life works thinking a college degree and 50k a year can somehow get them in a $150k car.

The 488 is turboed and the 458 is the best looking modern Ferrari in my opinion. Idc if its common Im in love with that specific car. And its silly to bring up the F12 because that starts at nearly 100k for than the 458 and and laferrari is completely unattainable.

Thank you.

How are you "in love with" a car you haven't driven? For all you know you would hate how it drives. What makes you think the turbo on a 488 would take away from the car? If you just care about the looks I'd suggest setting it as your desktop background. It's not silly to bring those cars up because you said "the last NA Ferrari" while 3 NA Ferraris are still rolling off the assembly line

I love how you just assume things. I have driven a 458. You are right thought i shouldnt have said the last NA ferrari. But i personally dont like the sound of turbos. I havent heard a 488 in person though yet.

when I was a resident it was 80...damn you kids are coddled.

Speaking as someone who is already on the other side of training- you should really concentrate on getting your retirement and finances in order before any "luxury" purchase.

That is to say, if you only have your resident STIPEND (50k is really there just to keep you fed, sheltered, and comfortable for those 3 years), you're not going to be saving much in those residency years.

Moreover, you think you'll be "rich" when you're making your 6 figure salary? But the reality is that you've postponed making a REAL salary and advancement thru a company for almost a decade by going through med school and residency/fellowship.

Every new doctor that comes out of training fails to realize how behind they are in their finances compared to other people the same age as them.

For example, during residency, if youre not paying off your loan, you should be squaring away some money into a Roth IRA since you're going to be over the annual income limit after you graduate.

Also, I've seen a lot of this happen with my colleagues - they all want to live the "doctor's life" even on their shit resident salary and even though they KNOW they have a fucking 250k DEBT, they're financing some low-end luxury car or buying expensive bags.

Delaying working for school has also made a lot of physicians pretty immature and they end up getting their bubble burst when reality hits them well past the usual age of most other people.

This is very good advice! I know it is smart to save for retirement but I always entertained the idea that I will be working as long as I possibly can. What will I do once I retire? Sit in a nursing home? I might as well live life while I physically can. I have no idea what the future holds for me. My family is dying off and I am infertile so very likley I will be alone when I am older.

But you want to have the OPTION to retire. The IRA's only limit you to taking out the money you saved after a certain age - you can always use that when you hit the required age (62-65 usually) to do all sorts of things, including taking less time working to fund your hobbies, spend time with the crotchfruit you've created.

What I'm trying to say is to not fall for the trap of living the "doctor's life" and being forced to work 80 hour weeks and constantly on call well into your 70's - not because you want to, but you HAVE to in order to keep your head out of the water.

>any reason
It's slow

>im 20 right now
You talk like a 12 year old.