|
Im 30 and I was in a similar situation at your age. Got a scholarship, my parents offered me a similar deal....to maintain my GPA and theyll take care of my car, insurance and cell they wanted me to focus on school.
The following advice is what Ive learned from experience. Those expensive cars you see in the university are from kids that made the huge mistake in getting into massive car payments or even worse they use student loans to buy those cars...youll see them trying to get rid of it at some point, others their parents had tons of money but since life changes their parents go into financial hardships and they lost their Maserati (some had ferraris).
Once you get to the senior year things get scary, job hunting time (hopefully you picked a good major and kept your GPA above 3.30). We all know good internships are important(some pay little) most dont pay and take up time. Your last two years if you played your cards right youll be very busy with school and internships. Once you graduate thankfully you wont have a student loan to worry about therefore giving you flexibility. The camaro is reliable but you gotta think of replacing tires, the possibility of something random going wrong like a transmission issue.
If I was you I would get something more affordable on gas, insurance, and maintenance. I chose the Civic Si back then and it kept me headache free. You should enjoy school and the experience. Once you land a sweet career youll be in a great financial position. Life changes, it throws you curve balls prepare for that. I personally can afford any car I want at this point in my life and I still played it safe with the 2LT RS(maybe too safe lol).
Good luck... congrats on your school acceptance, enjoy it and most importantly stay out of trouble.
|