Is buying a NEW CAR a stupid thing to do? - Page 2 - GoFuckYourself.com

woj · 08-21-2006, 01:34 PM

50 new cars

GTS Mark · 08-21-2006, 01:41 PM

Quote:

Originally Posted by latinasojourn

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.

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

GTS Mark · 08-21-2006, 01:41 PM

Quote:

Originally Posted by latinasojourn

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.

Doooh double post

Dollarmansteve · 08-21-2006, 02:06 PM

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.

woj · 08-21-2006, 02:24 PM

Quote:

Originally Posted by Dollarmansteve

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...

latinasojourn · 08-21-2006, 03:09 PM

Quote:

Originally Posted by woj

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.

Bake · 08-21-2006, 04:35 PM

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.

MrMaxwell · 08-21-2006, 05:44 PM

Quote:

Originally Posted by latinasojourn

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.

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

Mr. Romance · 08-21-2006, 05:51 PM

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

Mr. Romance

Vitasoy · 08-21-2006, 08:43 PM

Some people just don't like buying used stuff.

69pornlinks · 08-21-2006, 08:44 PM

Quote:

Originally Posted by dunefield

Why should anyone give you a good reason... It's up to YOU if you want to buy a new car or not...

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

Jollyjoe · 08-21-2006, 09:09 PM

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

tony286 · 08-21-2006, 09:42 PM

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

bausch · 08-21-2006, 09:46 PM

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

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

NiggaRiche · 08-21-2006, 10:24 PM

water damage = big savings

spamfiles · 08-21-2006, 10:48 PM

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

08-21-2006, 01:34 PM	#51
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	50 new cars __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

08-21-2006, 02:06 PM	#54
Dollarmansteve Confirmed User Join Date: May 2005 Location: T.O. Posts: 2,849	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. __________________ I died.

08-21-2006, 04:35 PM	#57
Bake Confirmed User Industry Role: Join Date: Jan 2001 Location: Outback of bumfuck Aussie Posts: 5,279	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. __________________ Buy great domains from drunken burned out old webmaster CHEAP bullseyeporn.com art-met.com and more. Learn how to make a easy extra $500 per week

08-21-2006, 05:51 PM	#59
Mr. Romance The Face of Romance and the Symbol of Freedom Join Date: Mar 2005 Location: The America's Posts: 7,821	we all work hard in this biz...treat yourself to want you want Mr. Romance __________________ Free Leads Program now paying up to $6 Gerard-Director of Global Sales Sign up Here: CamStarCash Check out: FreeCamStars ICQ: 330 662 299 gerard at freecamstars . com

08-21-2006, 08:43 PM	#60
Vitasoy GFY HALL OF FAME DAMMIT!!! Join Date: Oct 2003 Posts: 58,202	Some people just don't like buying used stuff. __________________ [email protected]

08-21-2006, 09:09 PM	#62
Jollyjoe Confirmed User Join Date: Jul 2004 Location: Canada Posts: 300	Yea, its very stupid to buy a new car....Dont do it!

08-21-2006, 09:42 PM	#63
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	I prefer buying newer used save a bunch of money that way.

08-21-2006, 09:46 PM	#64
bausch Confirmed User Join Date: Jul 2006 Posts: 3,017	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 Certified pre-owned looks just as good as new and is not likely to have too many problems. Last edited by bausch; 08-21-2006 at 09:48 PM..

08-21-2006, 10:24 PM	#65
NiggaRiche Confirmed User Join Date: Aug 2006 Posts: 107	water damage = big savings

08-21-2006, 10:48 PM	#66
spamfiles Confirmed User Join Date: Jun 2004 Posts: 119	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 __________________ ICQ: 409103