Hey Josh, I get your passion for the need to buy your first car, and I’m sure everyone on this site has been through the same experience. Okay, so your budget is ten grand, now that’s a lot of money for a seventeen year old, and I remember when I was seventeen and wanting to buy my first car, and looking around at all the cars I liked, but at the end of the day I only had fifty quid, which was about the equivalent of seventy five dollars back in 1975. I ended up buying a 1967 Singer Gazelle for forty five quid! It was only ten years old, full of rust, with baldy tyres, but it went a hundred miles an hour, and that was all I cared about! I had that car for about eight months before it gave up the ghost and I couldn’t afford to spend any more money trying to fix it up.
Now I understand you may have a passion for Holden cars, my first Holden was An HZ Kingswood by the way, but you have to be realistic, if you are going to spend your hard earned ten grand on a fifteen to twenty year old car, any car, not knowing its history, not knowing how many owners it may have had, not knowing how many K’s it’s really done, and more importantly not having anywhere near the safety features of a modern day car, then you can probably expect you may have to fork out at least between five and ten grand in the first year of ownership!
Now here’s my take, brand new small cars are around the sixteen to eighteen grand mark, they have all the safety features and fangle dangle stuff you need, okay they may not be a Holden Commodore or the like, but they will get you to where you want to go in reasonable comfort, they are less likely to break down when you’re on your way to meet that girl/guy whatever, that you want to make an impression on, and they’re less likely to see you standing on the side of the road with your hands full of oil trying to work out whether you’ve blown an acker marker valve or your thermo mejig has gone pffft!
So in essence, I guess what I’m trying to advise you, is to look at the possibility of getting a loan for that six or seven grand, checkout the interest you may pay on it, work out whether you will be able to make the repayments and take it from there.
Because at the end of the day, it may well save you a lot of money, heartache, and the embarrassment of turning up on that date with oil and grease all over your hands, mud on the knees of your best strides and a silly look on your face!
And you can rest assured in ten years time, when your still hankering after a Holden Commodore, there will be plenty of guys on this forum who will be so old and brain befuddled, you will probably be able to get one of them to give you their VF Commodore for next to nothing!
Just my take! Good luck mate, and I do mean that!