Anyway, I've got a 2007 minivan that's worth way more than $10k but still, I look at it as a tool to get me and my family places. And a tool needs to be made right but doesn't need to be shiny and great to look at.
I don't spend way more money than I need to just to have the coolest looking monkey wrench. So the same goes for my vehicle.
Anyway, I've got a 2007 minivan that's worth way more than $10k but still, I look at it as a tool to get me and my family places. And a tool needs to be made right but doesn't need to be shiny and great to look at.
I don't spend way more money than I need to just to have the coolest looking monkey wrench. So the same goes for my vehicle.
This thread was for people making more than 100k a year.
yes .. my daily driver is a 2004 Honda accord. worth about $10k i guess. i bought it to drive to the office but work out of the house most of the time now.
I dated a guy making well over $1mil a year and was driving a 10 year old minivan. That was in 2001. I drove by his house a few weeks ago on my way out of town and the minivan is still there ;) BTW, he lives in a small 2BR/1BA house too, lol. Paid cash for it when he graduated from college and just hasn't seen a need to move. He owns homes a LOT nicer that he rents out. He also owns trailers he rents out for $90 a week and said most of the tenants have nicer cars than him.
Now talk to him about clothes, electronics and food - THAT'S where his money goes. And he has a bit saved up ;) He closed his business back in 03 and has been retired since. 40 years old now.
I dated a guy making well over $1mil a year and was driving a 10 year old minivan. That was in 2001. I drove by his house a few weeks ago on my way out of town and the minivan is still there ;) BTW, he lives in a small 2BR/1BA house too, lol. Paid cash for it when he graduated from college and just hasn't seen a need to move. He owns homes a LOT nicer that he rents out. He also owns trailers he rents out for $90 a week and said most of the tenants have nicer cars than him.
Now talk to him about clothes, electronics and food - THAT'S where his money goes. And he has a bit saved up ;) He closed his business back in 03 and has been retired since. 40 years old now.
good story. A reminder its not how much you make but how much you spend
I don't see anything wrong with it, I don't see the need to drop huge cash on a car when it depreciates so fast. Good for those people who don't blow the cash on cars.
WG
I don't see anything wrong with it, I don't see the need to drop huge cash on a car when it depreciates so fast. Good for those people who don't blow the cash on cars.
WG
I agree, though I will soon be guilty of doing it. We both drive RSX's no? You sport the type S or standard?
You will always take a hit in terms of depreciation with cars, but you can buy an exotic and not lose anything if you get one that has a long waiting list. Get a new Ferrari models the first year, and you could flip it for atleast 100K over MSRP.
I see those new 599's going for 6 figures over MSRP.
I paid 300$ for my last 2 cars(had the last one for little less than a year) but I won't disclose my income. I can tell you that it's less than 100k but more than 50k.
A girl once told me "Give me 8 inches and make it HURT".
I drive a 2000 Alero, huge piece of shit. Was my wife's when we met. I gave my other car away and since we have no car payment, since this car is paid off, I'm in no rush to buy a new car. I'd rather stash that money away into investments.
Jason Forrest is a scammer. Pay me my 15k bitch. http://www.jason-forrest.com/
K-Man, Media and Moses are also scammers
I have a 2002 Saab 9-5 Aero Wagon. Is more then enough for me, and I think I will keep it for another 4-5 year. Its a smooth, fast and eco ride, and it looks great. What else do you need really?
For practical purposes got an SUV which sure is not worth $10K now and would never dream of buying a new one as long there are no problems.
The roads and terrain can be extreme and depreciation would be silly on a new vehicle. Not into looking at cars much as long as they move from A to B and don't like shopping for shit which depreciates - appreciating assets are more interesting.
I drive a 6year old sedan car, that only cost me $23k in 2001. Gets me from point A to point B and is reliable. I'm not a car fanatic otherwise I prolly would have some fancy import.
sure do...I drive a 1991 Isuzu Rodeo with bald tires, chipped paint...the a/c doesn't even work...LOL
hell, it isn't even in my name, so I technically don't even own a car...haha
I am going to get something newer soon though, the no a/c thing is starting to wear on me a bit.....i won't get anything fancy though, just the basics is all I need
I don't have a car ... in fact, my license expired more than 3 years ago which means that before I can even think about a new ride I've got to go through the *whole* process all over again..
Anyone know a chauffeur that needs work?
(If he has his own car, all the better)
Nothing, just like there's nothing wrong with driving cars that are better suited to one's life style.
For example, I'm going to have 2 kids that I need to do a lot of traveling with.
A Mustang isn't very well suited for that. I traded in my car for a minivan.
What's wrong with driving a practical, actually useful car?
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