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I have to agree with Garagelogic.
It is the over reliance on financing that has got us all in this mess in the first place.
So many people have this "I got to have it now" attitude.
IMO, if you don't have at least 1/3rd to put down on this car you really should be waiting on buying it.
I have only had one car loan my entire life and that was my 2nd car back in 1979 when I was 20 yrs. old and I paid it off in 7 months.
My last car bought is a 2005 911 and I paid cash.
Sure I've been lucky and worked hard to have a good income most of my life but I've also had the sense not to get myself into debt. If I didn't have the money to buy something I didn't.
Even my house I put %25 down and paid it off in 11.5 yrs.
Don't over extend yourself, especially in these uncertain times.
One thing for sure, used sports cars aren't going to worth much when there is %10+ unemployment. Many are going to be in the situation where they have lost their small down payment and they owe more on the car than it is worth. Not a good situation to be in.
To the OP, congrats on the car.
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