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Heck yeah, we will be able to have enough money saved TWICE as fast. The guy wants a Million something bucks, but I figure we can talk him down a few thousand. It is probably pretty rough, cause I don't think they ever bothered putting andengine and tranny in. So maybe that is how we can talk down the price to say, $993,682. How long will it take us to save up enough money at say a whole $100 bucks a month?? Can't be long.
ok here's the deal, (we can't do anything with 100 a month that's 4 sure, it don't cover the interest cost). Why you ask interest cost? No one i know in their right mind would pay for a car like this but us fanatics. But without considering inflation, the capital payment on 994,000 US$ would be 3313.33 US$ a month, over a 25 year period, interest on the loan would be about 7% 231.93$. This is an approximation of 3545$ without using an amortisation table. So, we would need about 40 of us fanatics to get this car at 100$ a month, considering taxes, maintenance, etc etc. Witch would leave us about 9 days each to use the car. Naturally, the car would appreciate over this 25 year period so we could make a killing selling it back. Just my 2 cents worth.
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