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Old 09-15-2011, 09:42 PM   #1
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Dangerously close to impulse buy - need thoughts

First post. Sorry in advance for length. Let me start by saying I have been obsessing over this forum for about the last 6 months. Great stuff - props to all the knowledgeable folks on here.

Here's my situation. I have a 2009 Pontiac G8 GXP. It's my baby. 415 HP stock, plus I've added about 50 more at the rear wheel. I truly believe I've got a collectible (1 of 1,800 built; 1 of 78 in my color) and want to keep it for the long haul. Unfortunately, it's my DD, and I want to garage it and, if possible, avoid putting it through a 3rd winter.

That's where the Jeep comes in. I've wanted a Wrangler my entire life. I remember riding around in them in high school and loving it. So, I've been toying with the idea of buying a 2012 JKU so I can garage the GXP. But, I realize the "smart" play would be to wait a year and get the GXP paid off. I want a Rubi, and I've been clawing my eyes out trying figure out what color I want. I also want the matching fenders and hard top.

I really like Sahara Tan but realized that, with the limited run in that color, it would be very difficult to find a Rubi with the matching hard top and fenders. Sure enough, the exact one popped up on a lot about 15 miles from my house a couple of days ago. That's why I'm dangerously close to an impulse buy.

To complicate matters, my wife wants a new vehicle. She's not a "car person" in the least, but she's sick of toting our two girls around in the minivan (can't say I blame her). To be fair, she deserves a new car first.

So, I guess I'm dangerously close to buying two new cars.

Am I crazy? As I mentioned, I realize this is not a smart financial play. But, I could make it work. I realize this is "my decision" but I need some food for thought.

Again, great forum. Keep up the good work.

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Old 09-15-2011, 09:44 PM   #2
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Get a 2012 JKU, plop the kids and the wifer in and hit the trails.

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Old 09-15-2011, 09:51 PM   #3
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Trade the Pontiac or drive it, it will never be a collectors item. There are simply too many performance sedans on the market that are every bit what the Pontiac was. Sorry.

Oh, I'm an old GM multiple-line dealer, have seen it all a few times.
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Old 09-15-2011, 09:51 PM   #4
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Wow, I say sharpen that pencil. Work it out! If it is right...It'll happen.
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Old 09-15-2011, 09:53 PM   #5
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You might want to consider staggering your purchases just to hedge your risk. Given that the economy is showing signs of softening, and there is a growing probability of a recession given that Greece and the other weaker countries in the EU (Spain, Portugal, Italy) are having serious fiscal issues (well Greece is imminent to default), I'd hate to see anyone stress financially in anyway on the way into an economic contraction by purchasing two cars...if you buy one now and get the other six months later, you can have a much clearer read on all that is going on now and not take such a liability all upfront.
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Old 09-15-2011, 09:54 PM   #6
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Trade the Pontiac or drive it, it will never be a collectors item. There are simply too many performance sedans on the market that are every bit what the Pontiac was. Sorry.

Oh, I'm an old GM multiple-line dealer, have seen it all a few times.
have you never watched a car auction show in your life?
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Old 09-15-2011, 09:56 PM   #7
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Trade the Pontiac or drive it, it will never be a collectors item. There are simply too many performance sedans on the market that are every bit what the Pontiac was. Sorry.

Oh, I'm an old GM multiple-line dealer, have seen it all a few times.
As much as I hate to say it, this is pretty much dead on. I think in 20 or 30 years you will be able to count the number of highly desired cars from the last 20 years on your hands and the GXP won't be one of them.

As far as the Jeep goes, DO IT! I double dog dare ya to and you don't have a hair one on your saddle horn if you don't.
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Old 09-15-2011, 09:58 PM   #8
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This may be an unpopular response, but forget the jeep, buy your wife a new ride and pay the G8 off.

1. Happy wife = happy home.
2. You already have what you consider to be your "dream" car, so do you really need a second one?
3. You think your cost of the Jeep will just be gas/car payment/insurance, but if your already on this forum then I guarantee you it will cost you much much more for all the mods you'll want to do.
4. Wait two years, then buy your "dream" 2012 JK, for 2/3rds of the cost, with a happy wife and paid of G8.

Good luck on the decision.
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Old 09-15-2011, 10:00 PM   #9
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IF you get the right Jeep, in 6 months you're gonna want to trade off that Pontiac anyway.

I've been a niche market driver all my life, and had plenty of similar glandular stimulators related to high HP rigs. And there was always some worry about some little detail not being right, etc.

Been in the Wrangler going on 10 months and the grin just keeps getting bigger.
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Old 09-15-2011, 10:04 PM   #10
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I really like Sahara Tan but realized that, with the limited run in that color, it would be very difficult to find a Rubi with the matching hard top and fenders. Sure enough, the exact one popped up on a lot about 15 miles from my house a couple of days ago. That's why I'm dangerously close to an impulse buy.
What are you waiting for? If it won't put you in financial stress, just do it! Thinking about it for 6 months is hardly an impulse buy.

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... and the grin just keeps getting bigger.
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Old 09-15-2011, 10:05 PM   #11
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IF you want a collectable, buy a stock tj in good shape and keep it stock. since everyone mods them, a stock TJ in nice shape is gona be TOUGH to find in 20 years.
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Old 09-15-2011, 10:10 PM   #12
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Not to burst the bubble for ya but the G8 is not going to be a collectable that will appreciate any time soon it wasn't a limited enough run and not on top of the popular charts at all... ever...
The 2012 Rubi has a better chance of becoming collectable than the G8 which also is not going to happen... neither are even close to AAR Cuda status and never will be as far as appreciation goes...
Believe it or not the Red Rock edition beetle or the Final edition beetle have better chances of becoming collectable 20-30 years from now than either the G8 or the Rubi... Neither have the iconic status that the bug has nor are either a "special" vehicle... 1 of 78 in a specific color does not change that fact that it was not an above sticker selling car...
The biggest reason that the collectable cars of yesteryear are collectable in the first place it that they rotted away so quickly that the 1 in 78 of a color became 1 of 20 within 5 years and 1 of 5 within 12 years and 1 of 3 after 20 or so years... Not sure what your background in car collecting is but ask any true hardcore collector out there the G8 is certainly not something they are putting in their garage to hold on to for later... They are putting in the new GT500, Super Snake, Zr1 or Z06 Vette, BMW M Roadster, Ram SRT-10,Mini JCW, Solstice GXP, Acura NSX, and the Challenger SRT8.... Not to say get rid of the G8 but I know I wouldn't worry about holding on to it from a collector standpoint...

9 people agreed while I was typing this I guess I hit the nail on the head.....
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Old 09-15-2011, 10:30 PM   #13
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Another vote for the Pontiac not becoming a collectable from someone with (limited) dealer auction experience.

Your G8 will not appreciate, and in fact it will depreciate faster than any Wrangler you could go buy today. The Wrangler is the king of resale value in America, and has been for some time. It's crazy how well these things hold their value.

How about buying a JKU for the wife, and keeping the G8 for another year? Throw the G8 on Craig's List? Give the G8 to the wife and you drive the JKU?

Take your time.
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Old 09-15-2011, 10:40 PM   #14
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Good thoughts. Keep em' coming.

I'm a little reluctant to get into a "is my Pontiac a collectible or not" debate on a Jeep board, particularly since I'm the new kid on the block. To clarify, I'm not comparing it to an AAR Cuda or anything even close to that. But, what I do know is this: (1) fastest production Pontiac ever; (2) most stock HP of any Pontiac ever; (3) I could sell it now for what I paid for it 2.5 years ago (and maybe more); (4) I've already seen one run across the block on Barrett Jackson and gotten a nice price. Again, I appreciate that it's not a Z06 Vette and respect everyone's thoughts to the contrary, but I think it will be fine. Ok, I feel a little better now.

Back to the Jeep - taking my time is probably the right way to go. If only that Sahara Tan wasn't sitting on the lot, it wouldn't be an issue right now. When I get the car "itch," it itches really bad.
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Old 09-15-2011, 10:43 PM   #15
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I should also add this: when the 3rd car itch started happening about 6 months ago, I convinced my wife to trade the minivan for the 2012 SRT8 GC. Maybe I should circle back in that direction. That would make waiting for my JKU a little easier.
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Old 09-15-2011, 10:46 PM   #16
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When I get the car "itch," it itches really bad.
This sounds like a serious case. Mine was a stretch when I got it. It is paid off now. I got it just before the economy busted. If my job went south, it would be one of the last things to go as I had to give things up. Right now, I'm holding my own. These decisions are never easy. Good luck.
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Old 09-15-2011, 10:48 PM   #17
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I traded in a 2006 Pontiac GTO for a Sahara Tan sport. As I was driving to the dealership for the last time, I had last minute jitters. I thought I would miss the power and the handling, and I felt attached to the car. I had bought it brand new and it had been with me for over 80k miles.

I haven't thought of it since

Enjoy your new Jeep.
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Old 09-15-2011, 10:50 PM   #18
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If your looking at the Saharas then you'll be putting down some loot for all those bells and whistles. Is that what you want? There are really only two different jeeps and the Sahara isn't one of them.
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Old 09-15-2011, 10:57 PM   #19
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A GC is an option, way better than a party barge.....

Back to the G8 though... What you likely don't likely understand is that for many of us the Jeep is a second or third or forth vehicle and most of us are enthusiasts...
We aren't putting down the G8 we just don't see it coming across the floor of BJ in 20 years... It doesn't matter that it may or may not be collectable it matters if you like it more than a jeep...
I like my Can Am Spyder RT better than any of the collectable vehicles in the $30k range and it itself is not going to be a collectable yet I like it so I have it...
Keep what you like and wait on what you don't like as much...
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Old 09-15-2011, 10:59 PM   #20
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If your looking at the Saharas then you'll be putting down some loot for all those bells and whistles. Is that what you want? There are really only two different jeeps and the Sahara isn't one of them.
I want a Rubi. I was referring to the Sahara Tan color. Given the limited production of that color, I think it will be really difficult to find that color in a Rubi with the matching fenders and hard top. When one showed up in town, I was very surprised.

I'm also like black, but have been there and done that. I also like white -- usually don't like white, but it looks really good on the Jeep. I'd also like to see the Winter Chill when it hits the lots -- maybe another reason to wait.
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Old 09-15-2011, 11:01 PM   #21
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Gotcha.

My neighbor just bought a Tan rubi JKU and put 33s on it a few days ago. It does not have the matching flares and hard top but it does look good.
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Old 09-15-2011, 11:10 PM   #22
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Here's what you're missing:

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Old 09-16-2011, 11:03 AM   #23
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The SRT8 GC is unquestionably a bada$$ ride. However, I think that buying one new is going to hit you hard with depreciation when you sell it. Just something to consider. Wranglers tend to hold resale value better than most other Jeep models, or other vehicles in general for that matter.

I assume that since you have a year to pay off the Pontiac that you would be financing most of your new vehicle purchase(s) (less whatever equity you may have in the mini-van?) Just an assumption on my part, but if that scenerio is true, I would avoid doing a purchase of two new rides so close together. I have had that "I can swing it" attitude too, and usually it is better to stay on the conservative side. After all, does "swinging" it mean that you are going to be living too close to the edge of your financial means? Keep in mind this is if nothing changes too. I have seen a lot of people live beyond their financial means and then have a bad situation where they unexpectedly lose half their income. A vehicle is not easy to dump without taking a hard financial loss if something like this were to happen.

Now I know your wife is entitled to the next vehicle, but who says it could not be a 2012 JKU? There you have the best of both worlds, except she would get to drive it more than you! I bet if you got her in one and talked up the safety of 4WD for bad weather and the fun in the sun of a convertible for good weather, she may totally love the JKU. I have two kids and got a 2011 a few months back and I am loving it. As a daily driver and kid hauler when it needs to be, it is actually quite refined.

Todd.
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Old 09-16-2011, 01:48 PM   #24
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First post. Sorry in advance for length. Let me start by saying I have been obsessing over this forum for about the last 6 months. Great stuff - props to all the knowledgeable folks on here.

Here's my situation. I have a 2009 Pontiac G8 GXP. It's my baby. 415 HP stock, plus I've added about 50 more at the rear wheel. I truly believe I've got a collectible (1 of 1,800 built; 1 of 78 in my color) and want to keep it for the long haul. Unfortunately, it's my DD, and I want to garage it and, if possible, avoid putting it through a 3rd winter.

That's where the Jeep comes in. I've wanted a Wrangler my entire life. I remember riding around in them in high school and loving it. So, I've been toying with the idea of buying a 2012 JKU so I can garage the GXP. But, I realize the "smart" play would be to wait a year and get the GXP paid off. I want a Rubi, and I've been clawing my eyes out trying figure out what color I want. I also want the matching fenders and hard top.

I really like Sahara Tan but realized that, with the limited run in that color, it would be very difficult to find a Rubi with the matching hard top and fenders. Sure enough, the exact one popped up on a lot about 15 miles from my house a couple of days ago. That's why I'm dangerously close to an impulse buy.

To complicate matters, my wife wants a new vehicle. She's not a "car person" in the least, but she's sick of toting our two girls around in the minivan (can't say I blame her). To be fair, she deserves a new car first.

So, I guess I'm dangerously close to buying two new cars.

Am I crazy? As I mentioned, I realize this is not a smart financial play. But, I could make it work. I realize this is "my decision" but I need some food for thought.

Again, great forum. Keep up the good work.
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Old 09-16-2011, 01:50 PM   #25
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Well, sometimes issues are just taken out of our hands. The Sahara Tan at the dealership has been sold. I suspected as much last night when I tried to access the window sticker online, and it wouldn't work. I didn't think it would sit long on the lot.

I agree with the prior comments that happy wife = happy home. When the talk about getting her a new ride started, she said she wanted all the conveniences of a minivan, but not in a minivan. I responded "that's not possible." In any event, I've got the same dealership working out deals on a Durango Citadel with the 5.7 Hemi.

In the meantime, I'll keep spending way too much time on this board, reviewing all the colors, figuring out mods, etc. I'll have my Jeep someday. I've got a few other plans for the GXP, too.
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Old 09-16-2011, 01:53 PM   #26
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The right one will come along.
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Old 09-16-2011, 01:59 PM   #27
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I truly believe I've got a collectible (1 of 1,800 built; 1 of 78 in my color) ......................
Unfortunately, your G8 is not collectible and wont be in your life time. It is unique though.........

About 6 months ago I got rid of my 99 Trans Am WS6 (garage queen) to buy a 2005 TJ.......
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Old 09-16-2011, 02:54 PM   #28
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The right one will come along.
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Old 09-16-2011, 03:52 PM   #29
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OP, I can appreciate your feelings for your car, but it just isn't going to be a collectors item. Power, speed, and rarity aren't what's needed for that. Desirability is. The only people that will want them later are the same ones that have them now. With very few exceptions, Pontiacs quit being collectible when they stopped putting Pontiac engines in them. The only ones without a Pontiac engine that are going to be collectors items will be things like the Turbo V6 GTA and Firehawk. I'm not even that sure about the LT1 and LS1 Firehawk, the WS6 may have ruined those. If you want to keep the car for your enjoyment that's one thing, but if you want it to be an investment and can get for it what you paid for it you should sell it now.
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Old 09-16-2011, 04:19 PM   #30
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Are you guys kidding?? Look at this rare Pontiac jewel. Surely, surely, if the numbers of these dwindle over the next few years, it'll be a collectable? I'm going to pick up four just in case, and keep them garaged for the next 20 years.

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