Nissan 370Z Forum - What would u do to 370 if you won 75k

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Nissan 370Z Forum (http://www.the370z.com/)

- Nissan 370Z General Discussions (http://www.the370z.com/nissan-370z-general-discussions/)

- - What would u do to 370 if you won 75k (http://www.the370z.com/nissan-370z-general-discussions/66451-what-would-u-do-370-if-you-won-75k.html)

Fountainhead

04-04-2013 08:43 PM

Being a practical sort of person (until I bought a Z) I would pay it off, buy tires, and start researching all this fancy hot rod stuff everyone else talks about all the time.

SCORPION

04-05-2013 01:41 PM

Put the veilside body kit and gtr engine swap with carbon fiber everything.

Haboob

04-05-2013 02:29 PM

Pay it off, invest the rest. $75k isn't much at all unfortunately.

tonybui

04-05-2013 02:43 PM

Quote:

Originally Posted by Haboob (Post 2252824)

Pay it off, invest the rest. $75k isn't much at all unfortunately.

It would be nice to have ....

Haboob

04-05-2013 02:47 PM

Quote:

Originally Posted by tonybui (Post 2252844)

It would be nice to have ....

Oh no doubt, but I wouldn't spend it all on one or two things. It would have to make me money.

I'd never turn down free money, not even a nickel. :tup:

ElVee

04-05-2013 04:20 PM

Quote:

Originally Posted by Bucketlist2012 (Post 2145668)

All I saw was TAXFREE...

For me, I would never pay off the House...At today's rates being 3.75%, you are borrowing the money for free after deductions...No paying the House..If you have one. Refinance NOW

A paid off house is illiquid and you can get a loan for 3.75% and you can make double that Investing. Some people need a paid off home...With Interest rates below 4%, it is a no brainer....Re finance, or buy a Home with only 20% down.

Second I would invest at least 30K to 50K in Dividend paying stocks and reinvest the dividends...At 7% it will double in 10 years...

Then just for fun, blow 10K to 15K on your car if you want. And bank the rest for unknown futures costs...

Basically, I need this man around me to get my back on the straight path! :)

ElVee

04-05-2013 04:23 PM

Quote:

Originally Posted by Haboob (Post 2252856)

Oh no doubt, but I wouldn't spend it all on one or two things. It would have to make me money.

I'd never turn down free money, not even a nickel. :tup:

That's one of those things you find in poorer parts of the country. People don't have money and even less in the way of money management skills. They come into a sudden chunk of change and they blow it immediately on something frivolous.

For instance, nearly condemnable house....but a huge above-ground pool? Wait...what?

I get buying the toys and stuff, but...

SCORPION

04-12-2013 02:31 PM

I see alot of people saying they would invest which I think is the best idea.I think the purpose of this is thread to see what crazy modifications you would do to this particular car with 75k.

Haboob

04-12-2013 02:39 PM

Quote:

Originally Posted by SCORPION (Post 2264068)

I see alot of people saying they would invest which I think is the best idea.I think the purpose of this is thread to see what crazy modifications you would do to this particular car with 75k.

In that case, I'd probably take several performance driving courses, then upgrade the suspension and some more NA mods... maybe go FI, not sure.

Maybe throw some new paint on after a while - I still really like my color.

Maybe a decent sound system (nothing extravagant).

That'd still leave me a ton of money left over. I guess I'd use that for tires. :tup:

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