Convince me to buy / not buy a new car

[ljean]

Beautiful car but that thing is going to be worth nothing before you know it. Cars in general are huge depreciating assets but German cars are easily the worst.

Yep. But I make a lot of money so I may as well spend some of it.

 

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[kubikdanon]

Beautiful car but that thing is going to be worth nothing before you know it. Cars in general are huge depreciating assets but German cars are easily the worst.

Why are you making money? Isn't the whole point of making money that you can spend it the way you want? I never understood people saying this kind of stuff.

 

[ChrisR]

Why are you making money? Isn't the whole point of making money that you can spend it the way you want? I never understood people saying this kind of stuff.

Because rich people don't get rich by throwing money away. They make their money work for them. The money he just spent on this could have went back into his business and potentially made him even more money. Now... if you're Bill Gates rich, then by all means, piss away a 30-40k loss on a car.

Everyone thinks differently on this subject obviously.

The only type of car I'd ever purchase would be a limited production high end super car. Generally speaking those are the rare exceptions that actually appreciate from day one and make you money.

For a daily, if I HAD to drive something new and fancy I'd lease a car. It's their car, they take care of it and I give it back to them three years later without being crazy upside down on a loan.

 

[Thoelt53]

Some people like cars. Some people like boats. Some like golf, some like travel. Some people like art, and some people like watches. Some people just like stacking cash.

If you can afford it, then why not?

 

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[kubikdanon]

Some people like cars. Some people like boats. Some like golf, some like travel. Some people like art, and some people like watches. Some people just like stacking cash.

If you can afford it, then why not?

Let's end this debate with the above
As long as you can actually afford things, buy whatever the F*ck makes you happy. That's what money is for.