best answer so far

I'm not into pre-owned cars, even if that would save a nice amount of $$$

I want my ride to be EXACTLY as I want it, i mean i want to pick all the colors, type of gearbox, small extras that I really need such as heated seats etc
Let's say you get extremely lucky and find a car that meets 95% of what you wanted. Then there's the problem is the mileage you see for real, or did they have it tweaked. How did the previous owner ride that thing (if you currently drive a leased car, you know you don't really go easy on them ... well most of you don't hehe) etc etc

The 10% "rule" is kinda hard, my car costed 30% of what I made at that time

I don't need to be that selective even when it comes to a housegirl.. next time I have a housegirl or two all that matters is that she has a body I like, a voice I like and a good cooking and sucking

The next Cadillac I buy all I care about is that it is dark colored in and out and keeps me cool and always starts.
A 1991 Seville is fine for me really
Driving a 1990 and a 1994 right now.. bought the 1994 STS for that 300HP Northstar, was planning on building the motor a bit for more power, but I'm selling it soon any way


When I am wealthy again I probably will buy a 2-3 year old Cadillac and a 4-5 year old Bentley. I always have wanted a Bentley.
Actually the 1999 or 2000 I think they are Rolls Royce are real damned sexy

http://images2.auction123.com/sizequ...g?webimage001l
This is what I will have once I am wealthy again,
Sexy ass car it is damn it sure is
http://cgi.ebay.com/ebaymotors/04-4D...mZ330019893956

The next car I buy for myself will be leased under my company.

Yeah just get creative.

I have a friend who owns a construction company who would write off his dog food as a security expense; he had a home office. He was audited and it was deemed a legit expense.

I just read recently that as you drive your new car outta the dealer's gates, it loses x% (don't know the amount, but shocked me) of it's original value.

It is for me!

i love all the pix of the guys with their fancy expensive cars sitting in driveways of modest houses, in areas of multi family dwellings.

to get an estate you should put your money into appreciating assests.

and then (after some time) you can put the beemer in the driveway of the big house.

but if you piss your $ away in your formative working years and do not buy property you will miss out bigtime later in life.

that said, the only vehicles i buy new are sportbikes. and i like high end cars about 4-5 years old, priced about 50% of msrp with 98% of the prestige, utility, and reliablility.

pick a body style that is still current in 2006-7 so the neighbors don't know and keep your mouth shut.

clue: S series MB 2001, etc.

I think the rule makes more sense if it's a % of your net worth...10% is probably, low, but tieing up more than 20% of your wealth in something that depreciates in value doesn't make any sense...

50 new cars :)

You pretty much said exactly what I was going to say LOL!

Doooh double post

It's simple, when you own a car you own everything, including the depreciation and the future maintenance costs.

When you lease a car you own nothing and only pay for the capital you consume.

Why anyone would want to have ownership of an asset that produces so much negavtive cashflow as it depreciates to $0 is beyond me.

Of course I am not speaking about High-end luxo/sport mobiles or $500 civics, Im talking about the $50,000 BMW or the $35,000 accord.

True, but someone has to pay for the deprecation and the maintenance costs, and in both cases it's you... When you lease, you just pay for these costs monthly... when you buy, you pay for it upfront.. in the end you end up paying about the same...

mostly true.

check the fine print on miles/year overage charge. if you drive over 12-15K miles year leasing may not be your best financial choice.

lots of lease cars are returned high miles.

and folks are then in for a shocker when they are hit with the mileage penalty.

It differs from person to person my girlfriend has a salery pakage witch includes $250 per week car allowance so she leases a car and turns them over ever 15,000 km
I pay cash for mine and get them from a wholesaler and take the risk of no warenty but you get them cheap the last one a 3 series BMW was 27K cheaper than new with only 24,000 km on it and still had 12 monts factory warenty.
I dont need a new car Im happy with my penis size.

That's a good idea keeping the body style and buying a bit older
There use to be alot of money in bolting on an 01 front end onto a what was it 93 benz cause suckers would pay 15k over value for the 01 look

we all work hard in this biz...treat yourself to want you want


Mr. Romance

Some people just don't like buying used stuff.

wrong board...you're talking to much sense

Yea, its very stupid to buy a new car....Dont do it!

:1orglaugh :1orglaugh :1orglaugh

I prefer buying newer used save a bunch of money that way.

Buy a 2003- 2006 used Mercedes, NOT C-class (because C stands for cheap). Maybe a CLK or E-class. People are so blinded by the Mercedes sign most people won't know it's used, especially if you buy a recent model.

Even better if the Mercedes sign is big and in the grill so everyone can see you in their rearview mirror :thumbsup

Certified pre-owned looks just as good as new and is not likely to have too many problems.

water damage = big savings

if theres one thing I learned in high school; dave ramsey said it best, don't buy it unless you can pay cash for it