Unless you are incredible wealthy... it just seems like a waste of money and loss of future investing power.
Anyone live frugally when it comes to cars....Realizing it's a long term financial punch trying to impress others.
I never have and never will. I have the means to buy something more expensive but what for? I'd rather use that money for trips and things for my kids. I work with a moron that has a new Camaro with all the bells and whistles. The dude is getting calls regarding his mortgage and is too deep in debt though. To impress who? He has a girl and a new kid. Hopefully the car is roomy enough for all of them to live out of LOL.
I'm holding onto my 275K-mile Camry, hoping EVs come down in price and go up in range in the next few years, which means I'll have to buy new. If the Camry fails before then, I'll buy a used Toyota.
Camry runs great, just tires, free rotation/alignment by Costco, plus fluids.
I resurfaced my "sand blasted", frosted headlights and replaced the incandescent bulbs with LEDs. Amazing improvement.
Last edited by boutons_deux; 11-09-2015 at 03:14 PM.
Buying a new car is not a good idea at any price imo.
Agree. Dumb idea. You can get 100x the bang for your buck with a 3-5 old car. It's nuts to buy new
I won't even spend 20K, tbh. I buy used, low-mileage cars.
Agreed - Toyota (and Honda) are great cars - just oil changes, lifetime alignment at Firestone, tires at Costco and drive, drive, drive.
LOL. Would you rather have a Camaro or a used GMC truck and a fishing boat?
I just spent $50,000 on a new 2500HD Z71 LTZ that I plan to drive for 8-10 years. I don't consider myself to be incredibly wealthy or dumb for doing it.
.... but we do.
My last truck was a 2009 Z71 I bought certified used at 40,000 miles. Apparently the previous owner really believed that that you can go 6K-10K miles between oil changes. After the second time it spit up sludge and shut me down (plugged a screen one time, took out the oil pump the next time) I said that and traded it in.
Being called dumb by Boo is like a badge of honor.
The latter a hundred times over.
A little different in that you use it for work as well though, right? I really don't see anything wrong with it in that case. I still wouldn't do it but that's not as bad as doing it just because you want that truck for nothing more than getting you from A to B.
Yep...I use it for work, pull heavy trailers, haul forklifts, skid loaders, etc. Also use the 4WD when necessary at the ranch. Can't do that with Boo's piece of Toyotabomb. Plus I paid cash so it's not like I have to choose between a house and truck payment.
Great for you - don't mind some of them. Nobody should call you dumb for spending your money the way you want. If you have it and can afford a Porsche (or whatever), go for it!
Yeah, that seems fair. It's not just a personal vehicle. You're putting that bad boy to work.
I bought a brand new 2008 Civic when I was 18, paid for it in cash, it was around $20K IIRC..I drove it until last year, until I gave it to my dad..I would never buy a new car again, though..it never gave me any problems, but I've lost interest in whips, I'm good with any decent one that runs well and is good on gas..driving in Toronto is horrendous, though, to be fair, all the people that drive Bentleys and Bugattis here are ing stupid IMO..
I understand buying a new car if you're a gearhead, though, it's essentially a hobby, just like anybody else..if you aren't a car hobbyist and are just buying it to impress others, than ya, I agree with OP..
I don't hate on anybody for spending their money on whatever they want, regardless, but your case doesn't even really count since you're using it for work, tbh
I spent more than that on my last car and I feel the same way. Those of us in the upper-middle class should be able to do it easily as long as you're not buying a new one every 3 years. .
If you want to toss needless cash at a car, go for it. I've definitely seen worse ways to blow money.
Why pay cash with auto loans essentially 2.x% and the interest deductible if it's for work?
What bulbs did you end up choosing?
https://www.superbrightleds.com/more...aid/2213/5000/
and the 9006 for the high beam.
the copper braid heat sinks seemed like good idea rather than rigid heatsinks which I wasn't sure to have enough room.
Also, the price and lumens seemed serious.
been a couple weeks now, so far, so good.
I prefer to keep my credit fully available for bigger fish than trucks. Understand I own a lot more trucks than just the one I drive. An example would be a receivable timing issue I had recently. I had a lot of cash out on completed jobs that labor and material had already been paid but I hadn't received payment yet. I was able to call my bank at 9am and have them put 100k in my account that afternoon. Didnt even have to go in. I was able to still discount all my bill payments keeping my credit perfect. I only needed the cash for a week until i got some checks in and interest was under $200.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
Reply With Quote
