Can we afford it? And how should we pay?

[autoxer]

Autoxer, is your forum name indicative that you participate in AutoCross?

Yep, I've been doing it somewhat regularly for the past 13 years. I'm a bit of a car nut.

[corn18]

I did a few ride alongs last year thinking I would AutoX my Z4M. Holy crap, that type of racing moves fast. I'm a fighter pilot and it would take me some time to get up to the skill level these guys were driving at. Loved the classification system that allowed everyone to compete. I ended up selling the Z before I got brave enough to enter it. I did learn that HP is not the key attribute that makes a good AutoX car.

[Nika]

Given your financial situation, if you really want it, and willing to allocate 60K from spending it on something else, you could pull it off.

Just curious, do you have a place to drive it "really fast", or do you plan on getting some speeding tickets?

[LivingAlmostLarge]

Yes what's the point of saving and earning otherwise? It'll teach us miserly savers on this site to potentially live a bit more.

PS...I don't know if I'll ever get there but I'd like to get there one day!

[bjl584]

A good rule of thumb is to never finance toys. If you can comfortably pay cash for a sports car without it impacting your other savings goals, retirement, or lifestyle, then go for it.