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#81
05-26-2006, 08:11 AM
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Re: Why do people spend so much time and money on cars?
I can tell you why I do it.
I never purchased a car to impress anyone but my self. There is a certain thrill getting behind a fast car, hitting the gas and taking off. I'm sure its a status symbol for alot of people, but its not why I like it. Its also something fun to work on the weekends and yea street racing is pretty fun too. I sorta wish I didnt care what care I drove I'd buy the cheapest POS that got me from point A - B thats the most economical. PS FWIW I consider my self a hobbiest, I own an older muscle car I like to build up and repair 
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#82
05-26-2006, 08:39 AM
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Re: Why do people spend so much time and money on cars?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] golf clubs is totally different... lets be realistic here [/ QUOTE ] Why? People buy the nicest clubs every couple years. Never learn to hit them properly, instead of getting lessons, they spend the $400 on the R7 every 2 years. Sell it for a huge loss to get the next newest one...etc [/ QUOTE ] Did you read my two replies to this style of argument? How is a $400 set of golf clubs every 2 years anywhere close to spending $50-60k on a car when you're let's say a 22 year old guy with a regular job? [/ QUOTE ] Haha $400 set. Try $3000 set, and yes every year or 2 $3000 adds up quickly. But I see your point. But my point is if they can afford it, who cares!
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#83
05-26-2006, 08:47 AM
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Re: Why do people spend so much time and money on cars?
One word- MARKETING. I don't think any other consumer item is more heavily advertised than cars. I agree with you 100%. I drive a 93 Jeep w/ 208000 miles on it. Your logic can be applied to many aspects of our lives- to each his own. We consume- that's what we do. The auto industry has done a great job attracting our money- not everyone's, but many.
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#84
05-26-2006, 09:16 AM
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Re: Why do people spend so much time and money on cars?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] [ QUOTE ] Because this is America and Americans are dumb and shallow. I fully agree with you. Nothing dumber than financing a $70K Beamer and trading it in for $5K after driving it for 5 years and putting 100K miles on it. This doesn't apply to people who purchase old beat up cars to fix up as investments. Those people are cool, and smart. [/ QUOTE ] This was stated earlier but I will repeat it, people don't buy cars as an investment. It isn't investment, they enjoy high quality automobiles. [/ QUOTE ] Checkraise, this is precisely what makes them dumb. You should think of every dollar you spend as an investment. If a purchase is not an investment, then it should be strictly for utility. A $20K car is fine for every human. A $20K car is strictly utility. A $70K (financed which means it ends up being much more) car is utility + $50K worth of worthless, superfluous crap. [/ QUOTE ] Why the hell should I think of every dollar I spend as an investment? What kind of [censored] up world do you live in where every purchase needs to be an investment or have utility. What the is the point of making money if you don't spend it on [censored] you enjoy. They don't hand out spots in heaven baised on how much money you left your kids. [/ QUOTE ] Satisfaction and pleasure are investments of the best kind, surely. There is nothing 'dumb' about spending money you can afford on your interests. Ever eat out? Take a class for interest-only purposes? Take a vacation somewhere other than your own back yard? Wear a watch?! OP is surely talking about over-expenditure. If you are spending within your means, spend whatever you want to. [/ QUOTE ] The problem is, most Americans have absolutely no clue what they can actually afford.
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#85
05-26-2006, 09:17 AM
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Re: Why do people spend so much time and money on cars?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] Because this is America and Americans are dumb and shallow. I fully agree with you. Nothing dumber than financing a $70K Beamer and trading it in for $5K after driving it for 5 years and putting 100K miles on it. This doesn't apply to people who purchase old beat up cars to fix up as investments. Those people are cool, and smart. [/ QUOTE ] This was stated earlier but I will repeat it, people don't buy cars as an investment. It isn't investment, they enjoy high quality automobiles. [/ QUOTE ] Checkraise, this is precisely what makes them dumb. You should think of every dollar you spend as an investment. If a purchase is not an investment, then it should be strictly for utility. A $20K car is fine for every human. A $20K car is strictly utility. A $70K (financed which means it ends up being much more) car is utility + $50K worth of worthless, superfluous crap. [/ QUOTE ] Why the hell should I think of every dollar I spend as an investment? [/ QUOTE ] Because it is?
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#86
05-26-2006, 09:19 AM
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Re: Why do people spend so much time and money on cars?
so what do yuo spend your money on kurosh?
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#87
05-26-2006, 09:19 AM
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Re: Why do people spend so much time and money on cars?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] [ QUOTE ] Because this is America and Americans are dumb and shallow. I fully agree with you. Nothing dumber than financing a $70K Beamer and trading it in for $5K after driving it for 5 years and putting 100K miles on it. This doesn't apply to people who purchase old beat up cars to fix up as investments. Those people are cool, and smart. [/ QUOTE ] This was stated earlier but I will repeat it, people don't buy cars as an investment. It isn't investment, they enjoy high quality automobiles. [/ QUOTE ] Checkraise, this is precisely what makes them dumb. You should think of every dollar you spend as an investment. If a purchase is not an investment, then it should be strictly for utility. [/ QUOTE ] Geez, so people shouldn't buy that shirt they like, they should get a Walmart one, and those nice golf clubs, better by the Costco set instead. Never spend any money on something that is not an investment and not used for utility? [/ QUOTE ] Shirts and golf clubs cost a lot less than a car. People do make plenty of mistakes on buying clothes and golf clubs, but the mistakes are a lot smaller, in some cases, almost negligible.
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#88
05-26-2006, 09:28 AM
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Re: Why do people spend so much time and money on cars?
People enjoy spending in different areas, but why are people spending so much relative to their incomes?
It's probably because their car is a combination of self identity, hobby, and home project. And if you hang out with a bunch of car buddies, you don't want to be left behind when modding your car. It's sorta like if all your friends go to expensive restaurants every other day. Even if your income can't afford spending $50/dinner 4 times a week, if the people you hang out with are going out so often . . .
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#90
05-26-2006, 09:58 AM
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Re: Why do people spend so much time and money on cars?
[ QUOTE ]
The problem is, most Americans have absolutely no clue what they can actually afford. [/ QUOTE ] Agreed (or a greed?). Something that always annoys/amuses me living here is that people seem to think that making smaller payments over longer periods of time makes something more affordable? All three times I have bought a car in the US, the sales dude asks me how much do I want to spend. He of course means, per month. I say I am looking for a good price. He says I can make your monthly payments lower. It seems that people really believe this is having some effect on the purchase price.
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