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Old 07-27-2009, 01:14 AM   #1
tim21391
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im burnout

college is starting in a month.. football will be starting.. truck will be on hold for at least six months... so im trying to talk parents into taking out a small loan to finish the trucks body work.. after i raced it friday (july 24) i started thinking and i wish it would be done that i woke up went to garage and it would be done... anybody feel my pain??
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Old 07-27-2009, 02:03 AM   #2
petey-pablo
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Re: im burnout

Quote:
Originally Posted by tim21391 View Post
college is starting in a month.. football will be starting.. truck will be on hold for at least six months... so im trying to talk parents into taking out a small loan to finish the trucks body work.. after i raced it friday (july 24) i started thinking and i wish it would be done that i woke up went to garage and it would be done... anybody feel my pain??
I know how you feel I haven't drove my truck "legally" since I bought it last year, I did take it for a short drive around the block. A loan would be great at lease to have it street worthy and paint the back half of the truck.. So you made it to the races how did you do any video? I sure hope to make it to the track some day just for fun not an all darg truck, I wouldn't be able to aford it if my truck broke down plus we all want to go faster after the first run and HorsePower = Lot's of Money
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Old 07-27-2009, 02:13 AM   #3
dammitmitchell
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Re: im burnout

priorities..
in today's economic times getting a loan for "personal pleasure" is not advisable..
click linky in signature to see "pain" ive done my truck entirely off side work alone.. a "quick fix: turned into three months of parts gathering and a daily obsession/ OCD disorder just to get it "finished" without totally half assing it...
college is.WAY MORE IMPORTANT
then your truck period...


not to preach.. but instead of college i pursued cars..
i failed..
i joined the army to compensate... im now disabled..
im NOW after 10 years of "hell" able to work on my chevy...
it took alot of learning, pain and permanent disability to learn "priorities".. just to know some things are best left unrushed...

not trying to freak you out but i do not recommend taking a loan on something that dosent absolutely need to be done...
take time, save monies, do extra work, and aspire to fulfill your dreams..

do not take the easy way out and owe forever on it.. college isnt over, and someday you might really need the monies you have to pay for that loan on.....

every project is achievable.... you just have to have the drive to do it the right way......
good luck
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Old 07-27-2009, 06:00 AM   #4
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Re: im burnout

I am going to assume you have loas out for school. Either for the whole thing, or for most of it.

In a few years when you graduate, you'll be enterring the job market with anywhere between $10,000 and what... $50,000 in debt. You'll be getting a better job, but you'll be hurting for money for the next 5 or 8 years... depending on your payback commitment.
I think getting a loan to make your truck pretty would be a bad move personally.
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Old 07-27-2009, 06:36 AM   #5
truckdude239
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Re: im burnout

i know how u feel my truck as been sittign for about 2 years nowand i miss divign her so much
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Old 07-27-2009, 07:02 AM   #6
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Re: im burnout

Sometimes it is easier just to buy a finished truck as there are a ton of them out there. My 20 year old son wants to go fast and wants to compare himself to me the only difference is that my pay has several more zeros behind it so if he came to me to get a loan to finish his bucket I would laugh so hard that it aint even funny how hard I will be laughing. Mind you I have built him so far two vehicles a single turbo 2jze Supra that went 11.40 at a 126mph in the quarter, a 96 chevy 1500 all hooked up but thats it anything else that he wants he pays and builds it him self I will still help him even financially for
MPORTANT things and NO drag racing is not important If you have champagne taste in beer wage I suggest you finish your schooling then you will have plenty of time to play with trucks.... exactly what I said to him
Like I told my oldest son I went to school and FINISHED then I started working and making lots of $$$$ thats is why now I have as many toys as I please everything in time.......

good luck!!! I am not preaching I am giving a real life story of what is going on in my own home...
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Old 07-27-2009, 10:01 AM   #7
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Re: im burnout

Loans suck. I owe more in interest on my student loans then the principal. I won't say how much, but enough to buy a very nice truck. Compound interest is the Devil.
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Old 07-27-2009, 10:06 AM   #8
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Re: im burnout

park the truck and worry about college.
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Old 07-27-2009, 10:10 AM   #9
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Re: im burnout

Many very wise and profound replies...Schooling is a must...Repay loans is a must...finishing a truck is optional. Patience is the key!!
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Old 07-27-2009, 10:14 AM   #10
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Re: im burnout

Exactly - your priority should never be your truck - that's a luxury.
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Old 07-27-2009, 10:47 AM   #11
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Re: im burnout

great advice from all, I'll ad my experience.

I got my '69 during my senior year of college (grad. '04) and just got it running last summer. I resisted the temptation many times to get a loan, even when the economy was waaaay better than it is now and personal loans were MUCH easier to come by. To ad to this, my first job out of school was a Sales Manager for Cloyes Gear & Products (makers of the "True Roller" timing chains), where I managed the High Performance Products line. My main accounts were Summit, Jegs, Edelbrock, Comp Cams etc... Which meant I got to be tortured by seeing so many 'finished' rides, badass motors, and primo speed parts it was unreal - I couldn't afford any of it. SEMA, PRI, numerous drag races, you name the show, we had a booth there. As a matter of fact, just looking on this site now makes me wish I could get my truck the way I want it overnight, but we all know that will never happen. Just take your time, focus on your priorities and just enjoy the truck, even if it's not in ideal condition now. I'm sure there are a lot of guys who just wish they had a truck that even runs. Just be patient, life will always bring you things that you won't expect, that truck will be the least of your worries in the long run!
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Old 07-27-2009, 11:51 AM   #12
ll____b0t____ll
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Re: im burnout

I think it all comes down to weather or not you got a silver spoon in your mouth.
If you realy do Ide say go for it but if you dont have it like that than heres what ide do.
Talk to you parents, get a real good look the econemy , and make a plan for your life that even if you cant attain it right away leads you close enough to be doing good in the years to come.

In my life I never even had a wooden spoon in my mouth lol so I learned a important lesson right off.
One can either sacrifice wants now and focus on needs in hope that in the future youll have taken care of all needs enough to sit back and let the wants come to you .
Or maybe get all your wants now and be stuck when somthing you need comes around.
Of course it may look diferent on my side of the moon but then again Ive had to live in my truck and the decision to take all the money i had to get a deer permit so ide have food was a life or death choice I had to make while people my age where going to collage.
Had anything of worked out diferently so I had a even chance at going to collage.....Nothing would have stood in my way.
Sacrifice now for a better tomarrow or play around now and maybe lose your future? seems cutt and dry to me but everyones different.
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Old 07-27-2009, 12:44 PM   #13
tim21391
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Re: im burnout

well im filling out a scholarship for jay leno and mercedez benz if i get that i get a full ride...
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1972 C-10...402/400..flowmaster 40 series
1967 Mustang 347 stroker/C-4
1966 Mustang 289/3-speed
2013 Mustang V6/6speed w/300 ponies
I may be 23, but i sure do knows 67-72s are sexy!
Its not MPG its smiles per gallon!
build started 11/25/08
build thread: http://67-72chevytrucks.com/vboard/s....php?p=2993796
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Old 07-27-2009, 01:29 PM   #14
ll____b0t____ll
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Re: im burnout

Quote:
Originally Posted by tim21391 View Post
well im filling out a scholarship for jay leno and mercedez benz if i get that i get a full ride...
Well that sounds better than some of the old GOV sholership programs where if your grade dropped to set point you had to pay the loan back in full.
And if you dont start getting those payments in theyll take your butt off to jail.
Wouldnt take much for an accedent that putt you in the hospital for some time or a death in the family that was all on you from planning the details to the expences and holding the rest of the family together to make a grade drop enough to steal your future from you.

Point is no one really knows what the future will bring so best you can do is try to plan 2 steps ahead and work hard to maximize your good choices and minimize your regrets.

I wish you good luck.
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Old 07-28-2009, 01:55 AM   #15
tim21391
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Re: im burnout

good news body shop i work at said about $500 will do all the metal work needed leading up to primer.. then ill prime it myself.. woo hoo!! alot cheaper then i thought..
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1972 C-10...402/400..flowmaster 40 series
1967 Mustang 347 stroker/C-4
1966 Mustang 289/3-speed
2013 Mustang V6/6speed w/300 ponies
I may be 23, but i sure do knows 67-72s are sexy!
Its not MPG its smiles per gallon!
build started 11/25/08
build thread: http://67-72chevytrucks.com/vboard/s....php?p=2993796
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Old 07-28-2009, 08:01 AM   #16
hilandr452
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Re: im burnout

Go to College. Park the truck. I had a 74 chevy LUV when in high school and was laid off at an auto parts store. IRS was on my a$$ because of some bad advice from the manager of my store so I took a job washing dishes in a restaurant. Soon after that I met this beautiful waitress and then she was preggers...

Now I'm 40 and FINALLY was able to aquire that 71 GMC I always wanted, but I still need to scrimp and save to be able to do anything to her. Don't get me wrong, I wouldn't change the fact I have a great wife and 2 great kids, but if I had made better choices as a young'n I would be much better off right now financially.

Patience is the most important thing you can learn at your age.



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