Originally posted by: Arkaign
Originally posted by: DVad3r
Insurance is killer. But I have it pretty good because my dad is a driving instructor for A-Z license here in Ontario and has signing authority. He pays 54 dollars a month for his Toyota Camry and my Lexus is on his insurance and I pay around 130 ish full coverage. Also we both have clean driving records accident free.
Still I did not mean to step on anyones toes. Obviously financial planning for the future should be considered, I was just simply saying these cars are realistic to buy if your budgets are planned right. It's not like you see someone driving an M3 and saying "whoa that guy must be super rich". I know alot of people driving nice cars that are regular middle class.
Ontario may have cheaper insurance. Here in Texas, we have tons of illegals driving uninsured vehicles, thus full coverage costs $$$$$ for the people who actually pay, due to the high risk of getting hit by an uninsured motorist and hit and runs by those same folks.
In Dallas, getting insured at 23 for a 500hp Mustang, with full coverage would just plain be rape. The insurance is literally more than the car payment on a $40k car (!!!!). Nuts I tell ya.
Given any thought to a custom E46 M3 or maybe a hot C5 Vette? The C5 Z06 can be found pretty affordably, and they make insane power when you do a couple odds and ends. ~800hp isn't uncommon with a roots kit and decent fuel delivery/exhaust.
http://www.corvettegarage.com/...-and-z06-corvette.html
Can be done cheaper, but that kit comes with a warranty and ECU/Fuel/Spark control optimization. A Z06 with a roots will eat any stock C6 for lunch, and taken to a good enough build, will probably give ZR1 performance levels. Of course, to get that far (~high 9s, low 10s), you'll need to do a bit of additional work with the suspension, tranny, rear end, etc. Get on a good Vette enthusiast forum and you'll find everything you'll need.
You realize that your little used built C5 Z06 can be faster than a $1m Veyron (10.3 1/4), with the right setup? Fun stuff.