Average New Car Price Hits $50K

[deadz]

Genesis has come a long way, best thing they did was become their own brand.


I will pay for comfort since I spend a lot of time in a vehicle. It needs to have all the bells and whistles for me. Only thing my truck doesn’t have that I wanted was massage seats but I wanted the HO power stroke quick and the build slot had me waiting an additional six months for king ranch or platinum so I did without. It was also another $10k over my tremor.

Genesis is a fucking hyundai right, garbage.

[MajorDomo]

I buy Toyotas. Keep them for 150-200K miles. Then sell them. I can't believe how reliable they are and how much are still worth 10 years later.

[IroNat]

I buy Toyotas. Keep them for 150-200K miles. Then sell them. I can't believe how reliable they are and how much are still worth 10 years later.

Smart.

[Bevo]

Whatever car Bhanky buys, I follow him in doing the same. He bought a vette, I bought a vette.

[ElPolloSalmonello]

never buy anything you drive sail or fly

At the time I got that $150k car, I was earning $50k a month,

What exactly is the issue with that?

[Dave D]

most people do things to impress others, its the reason 99.9% of bodybuilders pick up a weight

People might claim they do it for themselves but it isnt really

Getting up in the morning and showering is so other people dont percieve you as a smelly kunt

If that was/is your motivation there’s nothing wrong with it. I started to lift for myself and along the way I enjoyed the “attention”, but I still keep at it because I enjoy it.

I guess my point was if no one cared about what anyone else thought we wouldn’t be posting about not caring what others think while explaining what and why we bought whatever.  I think I do a lot of things for myself but I’m sure the underlying motivation is much deeper.

[Mayday]

I don’t think it’s people pick cars to impress others, anymore than people workout or buy certain brands or eat food or buy houses. People have different likes and goals and different reasons for doing whatever.

Yes, We all do it. Human nature of competition.

We have some family members compete with us and the emotional toll it has taken on them is astounding.

Although I personally view competition from a separation point of view. Money is a tool used to try and get away from people 😂  many ‘things’ don’t really do a good job of that, cars is one. Whether 200k, 100k, 50k I can park in valet. So who cares 🤷

[obsidian]

[obsidian]

most people do things to impress others, its the reason 99.9% of bodybuilders pick up a weight

People might claim they do it for themselves but it isnt really

Getting up in the morning and showering is so other people dont percieve you as a smelly kunt

I've moved beyond that stage. When you die or those you tried to impress die it all means nothing. Nobody is going to remember you or what car you drove when they are dead. And same goes for you. Once we are dead it all loses meaning.

[ElPolloSalmonello]

I've moved beyond that stage. When you die or those you tried to impress die it all means nothing. Nobody is going to remember you or what car you drove when they are dead. And same goes for you. Once we are dead it all loses meaning.

Fuck that.

Money = fun tokens. It's the money you can't take with you. Spend it unwisely. Go from 0-60 in 3.5 seconds in a car the size of a go kart.

OR - keep it in the bank and let them have all the fun

[Humble Narcissist]

never buy anything you drive sail or fly

Or fuck.

[Brenda Steunbeer]

People are not buying these expensive cars, they are leasing them.

In the US some very attractive lease deals:


https://www.thedrive.com/news/the-65850-acura-zdx-is-now-cheaper-to-lease-than-a-36k-cr-v-hybrid

[US MUSL]

Fuck that.

Money = fun tokens. It's the money you can't take with you. Spend it unwisely. Go from 0-60 in 3.5 seconds in a car the size of a go kart.

OR - keep it in the bank and let them have all the fun

This! I've spent alot of money on cars over the years. Currently have 4 vehicles.

[joswift]

At the time I got that $150k car, I was earning $50k a month,

What exactly is the issue with that?

maybe the issue was the need to take a $25k loan out in order to buy it? (I know it was only 1|% as you said but you must have needed it)

Its not like you had Andrew Tates money buying a Bugatti and a Ferrari on the same day for cash

[GymnJuice]

I buy Toyotas. Keep them for 150-200K miles. Then sell them. I can't believe how reliable they are and how much are still worth 10 years later.

#TeamCheapJapaneseShitbox

[MajorDomo]

#TeamCheapJapaneseShitbox

lol - I  get it. Your manhood is dependent on what kind of car you drive. Totally understandable.

[obsidian]

Fuck that.

Money = fun tokens. It's the money you can't take with you. Spend it unwisely. Go from 0-60 in 3.5 seconds in a car the size of a go kart.

OR - keep it in the bank and let them have all the fun

Been there done that. I have spent money on a ton of shit. I am just at the point where I don't give a fuck what people think of me. Their opinions are irrelevant in the grand scheme of things.

[sync pulse]

The number one hint on a car's reliability over time is to get one with a naturally aspirated engine...

My 2003 Vr6 Golf GTI lasted 250,000 miles...

[GymnJuice]

lol - I  get it. Your manhood is dependent on what kind of car you drive. Totally understandable.

No, I drive a cheap Japanese shitbox 

[Irongrip400]

The number one hint on a car's reliability over time is to get one with a naturally aspirated engine...

My 2003 Vr6 Golf GTI lasted 250,000 miles...

Knock on wood but I have many diesel work trucks that are between 200-300k miles. The gas powered eco boosts are the ones that give me the issues.

[Humble Narcissist]

This! I've spent alot of money on cars over the years. Currently have 4 vehicles.

Why?

[Brenda Steunbeer]

The number one hint on a car's reliability over time is to get one with a naturally aspirated engine...

My 2003 Vr6 Golf GTI lasted 250,000 miles...

Turbo charged engines can be very reliable. Just depends on the brand and model. And changing oil more frequent than the manufacturer states is advised. Oil & filter = cheap, turbo & engine = expensive.

In countries with high fuel prices a turbo engine can save money, they don't need to rev as much.

[Irongrip400]

I just got back from a Mecum auction and one thing I can say is, that eventually whatever you’re driving now will be worth more than what you paid for it.

[ElPolloSalmonello]

maybe the issue was the need to take a $25k loan out in order to buy it? (I know it was only 1|% as you said but you must have needed it)

Its not like you had Andrew Tates money buying a Bugatti and a Ferrari on the same day for cash

No - you have reading comprehension issues.

I put down $125k, I 'borowed' $25k at a rate way less than I was earning in the markets. It was partly an arbitrage trade. I get 10-12% return on my alternative investments and this is a 1% loan. Do the math.

Trouble is - cars can be unreliable and dealers might not help. It was an imported car too. And it's a BMW - they are full of new tech and kinda break down a bit/

Having a loan on a car - even a small one  - means you can stop paying it if shit goes wrong and the dealer lets you down.

So you stop paying the finance - explain to the finance company the reason why - and they will get on the dealers case - because the dealer will have a LOT of loans with that company - they don't want to see customers refusing to pay. Not even one.

So yeah - it was a loan at a percentage lower than my investment returns. It gave me the peace of mind to know that if the dealer fucked with me - I had a way to fuck with them back.

This is just basic street smarts. For a high IQ person who can't tie their own shoelaces - I can see it being hard to understand that a loan may be taken out for reasons other than needing the money.

[King Shizzo]

No - you have reading comprehension issues.

I put down $125k, I 'borowed' $25k at a rate way less than I was earning in the markets. It was partly an arbitrage trade. I get 10-12% return on my alternative investments and this is a 1% loan. Do the math.

Trouble is - cars can be unreliable and dealers might not help. It was an imported car too. And it's a BMW - they are full of new tech and kinda break down a bit/

Having a loan on a car - even a small one  - means you can stop paying it if shit goes wrong and the dealer lets you down.

So you stop paying the finance - explain to the finance company the reason why - and they will get on the dealers case - because the dealer will have a LOT of loans with that company - they don't want to see customers refusing to pay. Not even one.

So yeah - it was a loan at a percentage lower than my investment returns. It gave me the peace of mind to know that if the dealer fucked with me - I had a way to fuck with them back.

This is just basic street smarts. For a high IQ person who can't tie their own shoelaces - I can see it being hard to understand that a loan may be taken out for reasons other than needing the money.

This strategy may work in third world countries.....