|
|
#61
05-26-2006, 12:43 AM
|
|||
|
|||
Re: Why do people spend so much time and money on cars?
[ 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. 
|
|
#62
05-26-2006, 12:52 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
[ 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?
|
|
#63
05-26-2006, 12:55 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
golf clubs is totally different...
lets be realistic here
|
|
#64
05-26-2006, 12:57 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
[ QUOTE ]
While this statement is generally true, it is not true of used hybrids. A used hybrid retains it's value fairly well. (Right now :/ ) [/ QUOTE ] I am baffled by why this is the case. Most estimates seem to say that you will need to drive 250k+ miles to see any cost savings from a hybrid (this is taking into consideration tax breaks and incentives). I dont think its worth the risk of seeing if a new technology car will make it this many miles. In any case, the depreciation on all cars is quite significant, even for hybrids.
|
|
#65
05-26-2006, 12:58 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
Prohorn,
I think about $15k will buy a very basic model and about $30k will buy a relatively very luxurious model (e.g. navigation, leather, etc.). Beyond that, it's definitely a lot of crap (and generally larger size), until you hit like Rolls/Maybach, then they're well worth it.
|
|
#67
05-26-2006, 01:02 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
[ QUOTE ]
Prohorn, I think about $15k will buy a very basic model and about $30k will buy a relatively very luxurious model (e.g. navigation, leather, etc.). Beyond that, it's definitely a lot of crap (and generally larger size), until you hit like Rolls/Maybach, then they're well worth it. [/ QUOTE ] Haha, you have never driven Z06s, M5s and the like have you? Many would say they are worth it depending on your income level.
|
|
#68
05-26-2006, 01:03 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
[ 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
|
|
#69
05-26-2006, 01:29 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
[ 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.
|
|
#70
05-26-2006, 01:36 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
Kurosh,
When some people get their bankrolls over 60k, they invest some money, buy cool stuff, etc... Some other people decide to donk it off at 300-600 to neverwin [img]/images/graemlins/smile.gif[/img] Seriously, some people have enough money and enjoy having a nice car because they spend lots of time in it. Others have a small dick and want to compensate. I mean what do you expect to hear here?
|
 |
|
|
Linear Mode
