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Katie
first of all you are not spoiled... I think you have a great relationship with your parents... Your job is to get good grades at school. I think your deal with them is a great idea...
About the car now.... it has rust, the wrong motor, faded paint, gold 15" BBS and it's a targa....
But it's really cool... I see it nearly every day from the road and I always want to stop and spend a little more time with it... It is probably a 20/20 car... but so what...
It's nice and it runs... As long as you take this attitude that it will never be a concourse car, that it can break down any day and that unless you start spending money on it it will degrade then....
I mean if you can afford to buy, insure it and drive it until something goes wrong and have another car to drive around in that situyation... then do it.
The worst case scenario is that you'll end up parting it out... 1.5k for the fenders, 3k for the engine, 1k for the tranny, $300 for the wheels, $300 for the seats, 1k for misc, 1.5k for the tub and u lost $3k... Plus he's been thinking of selling it for 2 yrs... I think you can pay less than 12k
My way of life is better to have guilty feelings than regrets...
But prepare yourself to a bumpy ride...
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