|
|
#71
05-26-2006, 01:37 AM
|
|||
|
|||
Re: Why do people spend so much time and money on cars?
I guess it is all relative. There is more to be said about nice cars than "they look nice and drive fast." Many of them are safer, have a smoother drive, and are built better.
Mid range cars are probably the best deal out there as they can provide a middle ground of all the features you want - why accords and camrys sell so well. However, if you can afford it I see nothing wrong with spending an extra $10k to get a bmw or the like. It is all relative to the level of enjoyment it will bring you w/o sacrificing necessities or your future. Anything in excess can be bad but subtle or limited extravagance to gain a little luxury and style is ok in my book. I'll be making a solid salary as a lawyer next year and I could probably try to blow my wad and get an M3 or something like that, but instead I'll likely go for a lower 3 series or maybe a certified pre-owned. I'll still being putting in the full amount for my 401k, building my portfolio, paying off my loans, live in a nice place and save up for a piece of land. For me it is totally worthwhile and I look forward to the lifestyle. I do understand what you are saying though. It is all about living w/in your means and being prepared for the future. But you cannot sacrifice your present and only live for the future. Enjoy it all. Balance baby, balance. 
|
|
#72
05-26-2006, 01:38 AM
|
|||
|
|||
|
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 ] Yes, and nobody should eat at a restaurant or fast food joint because it's cheaper to by the ingredients at a grocery store and make the food yourself... But, that's still a waste because you should live off the land and grow your own crops. Dig a well and you're set for life. Vacations (air, hotel, car rental), movies, sporting events, amusement parks and any recreational activity would also be a waste of money. You should use this time to work a 2nd job to make more money to invest to make even more money. People need to balance current and future goals. I paid cash for my nice little sports car and make full use of it. I've never regretted this decision. If anything, I would have bought more cars. I know guys who saved $ their whole lives and finally decided to buy their 'dream car'. But because they're in their late 50's, early 60's they now look stupid driving their 'dream car'. A ton of money at 60 can't buy the fun I've had with my meager bankroll in my 30's-40's. I believe that if those posting in this thread were 30y.o., single and had a solid six-figure income with comparable savings, this thread would read very differently.
|
|
#73
05-26-2006, 02:02 AM
|
|||
|
|||
|
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? 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.
|
|
#74
05-26-2006, 02:24 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
[ QUOTE ]
[ QUOTE ] Is sadder a word? [img]/images/graemlins/confused.gif[/img] [/ QUOTE ] No. [/ QUOTE ] you're kidding, right?
|
|
#75
05-26-2006, 03:39 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
[ 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?
|
|
#76
05-26-2006, 03:50 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Is sadder a word? [img]/images/graemlins/confused.gif[/img] [/ QUOTE ] No. [/ QUOTE ] you're kidding, right? [/ QUOTE ] I sure hope so.
|
|
#80
05-26-2006, 06:12 AM
|
|||
|
|||
|
Re: Why do people spend so much time and money on cars?
kurosh
become a car salesman and eventually try to own your own chain of dealerships. fuji
|
 |
|
|
Linear Mode
