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tax returns kick ass!!!!

  • Thread starter Thread starter SaleenGT2001
  • Start date Start date Feb 21, 2006
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K

Kilgore Trout

Fried or Broiled ?
10 Year Member
Mar 30, 2005
4,749
95
134
Feb 21, 2006
#21
  • Feb 21, 2006
  • #21
SaleenGT2001 said:
i really want to know if everyone really pays cash for their MAJOR mods. i just cant see how anyone could drop $6000 cash money for a KB!!
Click to expand...
Neither do I my friend... neither do I...
 

SaleenGT2001

Well-Known Member
Jul 18, 2005
2,811
4
58
Four Oaks NC
Feb 21, 2006
#22
  • Feb 21, 2006
  • #22
my 4 wheeler was the same thing as the KB. i took out a loan to get it too. i have over 10k in it and it sits outside in the yard all day and night. someone could come up and steal it at anytime. thats why i got insurance on it. when i put the KB on isnt there some way i can put additional insurance on the car??? i dont see any problems in using a loan to mod my stang
 

alsyr44

New Member
Jul 28, 2003
54
0
0
Charlotte, NC
Feb 21, 2006
#23
  • Feb 21, 2006
  • #23
I think you can get insurnace on your mods from the insurance company, but it may run the risk of having higher rates due to driving a higher horsepower car. I could be wrong though.
 

poorcollegekid

Member
Mar 31, 2005
74
0
6
Mount Carmel, IL
Feb 21, 2006
#24
  • Feb 21, 2006
  • #24
Built98GT said:
+1
Click to expand...

+1...
 
E

exindust

New Member
May 8, 2004
329
0
0
Moorpark, CA
Feb 22, 2006
#25
  • Feb 22, 2006
  • #25
alsyr44 said:
I feel where you are at though. I had a mustang fund saved up, then I bought a house, then I had it built back up again, and bought an engagement ring for the lady.
Click to expand...



 

Henceforward

The Avatar Master
Founding Member
Jul 17, 2001
485
0
0
Feb 22, 2006
#26
  • Feb 22, 2006
  • #26
Tax Return money is money YOU earned for working, and gave to the Gov. to hold interest free... then it comes back and all of a sudden it is free money even though you worked for it?

The money is not free...


Use it to pay off Credit Debt, Insurance, House Payments, Car Payments, Etc.
 

reddrgn01gt

New Member
Jun 8, 2005
161
0
0
Pittsburgh, PA
Feb 22, 2006
#27
  • Feb 22, 2006
  • #27
SaleenGT2001 said:
well i know it would take me at least 2 years to save enough cash to but the KB straight out. the reason i'm wanting to get everything now is b/c i'm getting married in september. i want to get all this stuff done before i get hitched, while i still can!!!! i just called KB and the total price is $5632 for the 1.7 IC kit with the big tube intake 90mm mass air and switch chip.
Click to expand...

You are a young man don't do it.

Get married i mean.
 

SaleenGT2001

Well-Known Member
Jul 18, 2005
2,811
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Four Oaks NC
Feb 22, 2006
#28
  • Feb 22, 2006
  • #28
well i've been dating her for 3 1/2 years and we have been living together for 2 years. she puts up with a lot, so i know that there isnt anyone better out there!!
 

AmBo

Active Member
Feb 3, 2004
1,027
1
36
New Jersey
Feb 22, 2006
#29
  • Feb 22, 2006
  • #29
Save your money bud. I'm 22, been working for a year making 45k and have a measily $4,500 saved up. In 2005 I spent $21,000. 15k of that could have been saved. However, 6k+ went to the stang (no power either. Supid 3k rims!) and I love spending money on the gf. This year I'm trying to turn that around. Just save man, You're young. The blower will come in time.
 

SaleenGT2001

Well-Known Member
Jul 18, 2005
2,811
4
58
Four Oaks NC
Feb 22, 2006
#30
  • Feb 22, 2006
  • #30
3k in rims, you must be running the REAL saleens rims
 

speedfreak98r

Banned
Jan 31, 2006
0
0
0
Houston Area
Feb 22, 2006
#31
  • Feb 22, 2006
  • #31
I think you should find a wife who supports your car projects...Thats just my opinion. I'm waiting for one who won't TELL me what to do..But from what I've heard, that might be a long shot
 

SaleenGT2001

Well-Known Member
Jul 18, 2005
2,811
4
58
Four Oaks NC
Feb 22, 2006
#32
  • Feb 22, 2006
  • #32
well mine at least goes to the track with me. she doesnt scream at me for driving fast. so shes a good one
 
W

white-04

New Member
Apr 1, 2005
145
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0
Owings, MD
Feb 24, 2006
#33
  • Feb 24, 2006
  • #33
Don't forget you'll need a good amount of money for the wedding/honeymoon, unless you're lucky enough to get it paid for. Even with help from parents, we still blew about $10K. Now I'm spending 1200/month on daycare for 2 kids. Can't wait till they go to school.
 

Skidawg

Member
Nov 11, 2003
104
0
16
Feb 24, 2006
#34
  • Feb 24, 2006
  • #34
Yeah, tax time is when I find out I paid three times the tax of what my friend and his wife did -- and they make nearly 3 times what I do. Woo hoo!!
 

mineralgray2002

New Member
Dec 4, 2005
33
2
0
Centralia, Illinois
Feb 24, 2006
#35
  • Feb 24, 2006
  • #35
i got 2k to spend but iono what to buy. I kinda enjoy being able to paint my car myself and put all the insurance check in my pocket. Might as well be a tax return i got it at the same time as most people get their returns.
 

DropTopPony

Noob Slayer
Founding Member
Aug 13, 2002
2,570
3
48
south jersey
Feb 24, 2006
#36
  • Feb 24, 2006
  • #36
SaleenGT2001 said:
i really want to know if everyone really pays cash for their MAJOR mods. i just cant see how anyone could drop $6000 cash money for a KB!!
Click to expand...
Its simple...you make more then you owe/spend then you have a surplus leftover.Your 22 now, in 10 years you will hopefully be where I am and 6,000 won't seem like so much. I've spent a good 12,000 on my car over the past year bringing it back from the dead. I still have about 8,000 to go this spring before it will be finished. I've had this car since 96 and i'll have it another 20 years so its a worthy investment to me. I own both my houses and my cars are all paid. Now if I owed even 1000 dollars on my car that would have to be paid off before I considered buying mods. KEEP YOUR DEBT LOW!!!! If I hadn't I wouldn't have been able to invest in the things I have. Please pay off your car before you put a KB on it. Also at your age 6,000 dollars could be used to invest in a rental condo or something to help you later in life.
 

DLFD911

New Member
Nov 1, 2004
2
0
0
Fort Wayne, Indiana
Apr 24, 2006
#37
  • Apr 24, 2006
  • #37
You know what they say, once you get married you can kiss your blower goodbye.
 

MineralMan

Active Member
May 17, 2005
146
76
38
San Diego, CA
Apr 24, 2006
#38
  • Apr 24, 2006
  • #38
alsyr44 said:
If you are getting a lot of money back from a tax return, then you are losing an opprotunity to let the money work for you during the year. I dont think it is a good deal to loan the government a bunch of money for free.
Click to expand...

Agreed
 

Mike97gt

it doe snot
Founding Member
Jan 26, 1999
10,633
7
89
the people's republic of massachusetts
Apr 24, 2006
#39
  • Apr 24, 2006
  • #39
mineralgray2002 said:
And yet i still get $0 tax return because i dont file, sucks being unemployed and full time student.
Click to expand...


well you payed no taxes so you get no tax return.... what do you want a handout?
 

Henceforward

The Avatar Master
Founding Member
Jul 17, 2001
485
0
0
Apr 24, 2006
#40
  • Apr 24, 2006
  • #40
Tax returns are not free...

http://forums.stangnet.com/showthread.php?t=600127
 
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