BMW v. Mercedes Benz

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Out of my $10k/month take-home pay I spend $550 a month for my mid-size luxury car. It's a pleasure to drive, with great engineering.....I grew up in a HH with 6 to 7 figure income, tony private schools and Ivy League college... but didn't realize until I started visiting this site, that in fact the rich don't drive these vehicles...someone should have told this to the majority of our friends and neighbors growing up...seems like we all missed the memo from central standards...

I'm sorry...I don't get it, is this you bragging? You make $200k and have a $35k car so you're the authority on what the "rich" are doing? Sorry, no, please drive through.

Your parents must be so sad that after they worked hard to make millions and sprung for "tony private schools" all you can afford is the 3-series.

I thought this was disingenuous as well. You make $200,000 year but need to take a loan for $550 per month so you can feel like you did as a kid when your parents made $1M?? Maybe you're 30, but you still can't afford your 3 series. You need some perspective. I hope those generous parents of yours don't hold it against you and go ahead and pay your kids' private school tuitions and fund their 529 plans. The kids won't be able to rely on you to provide that for them. But at least you have a pleasurable drive. Again, you need some perspective.

I'd take a loan again anytime for 1.99% and leave the $35k as I did in my diversified investment account which returned 8% last year in a down market...how financially myopic so many are here to think the only way to be financially prudent is pay cash for all things...finance is a tool, and those who do well learn when to use OPM versus their own cash...never about 'needing' to take out a loan...a car is a depreciating asset, I would never put that amount of cash down on it up front esp. when interest rates are what they are....

btw...it's an Audi I drive...

how's them perspective for you....

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Out of my $10k/month take-home pay I spend $550 a month for my mid-size luxury car. It's a pleasure to drive, with great engineering.....I grew up in a HH with 6 to 7 figure income, tony private schools and Ivy League college... but didn't realize until I started visiting this site, that in fact the rich don't drive these vehicles...someone should have told this to the majority of our friends and neighbors growing up...seems like we all missed the memo from central standards...

I'm sorry...I don't get it, is this you bragging? You make $200k and have a $35k car so you're the authority on what the "rich" are doing? Sorry, no, please drive through.

Your parents must be so sad that after they worked hard to make millions and sprung for "tony private schools" all you can afford is the 3-series.

I thought this was disingenuous as well. You make $200,000 year but need to take a loan for $550 per month so you can feel like you did as a kid when your parents made $1M?? Maybe you're 30, but you still can't afford your 3 series. You need some perspective. I hope those generous parents of yours don't hold it against you and go ahead and pay your kids' private school tuitions and fund their 529 plans. The kids won't be able to rely on you to provide that for them. But at least you have a pleasurable drive. Again, you need some perspective.

Potent logic...because someone bringing home $10k/month net spends $550 on a car payment they won't be able to provide for their children. Some folks here need to get out a little, and calm down...

[Anonymous]

Anonymous wrote:Out of my $10k/month take-home pay I spend $550 a month for my mid-size luxury car. It's a pleasure to drive, with great engineering.....I grew up in a HH with 6 to 7 figure income, tony private schools and Ivy League college... but didn't realize until I started visiting this site, that in fact the rich don't drive these vehicles...someone should have told this to the majority of our friends and neighbors growing up...seems like we all missed the memo from central standards...

I know, it's pretty funny, isn't it? Indeed, if you actually believe that people on this site are representative of the community at large, you'll "learn" that Subaru drivers have a higher HHI than Bimmer drivers (per one poster), that Bill Gates drives a minivan, in addition to owning several Porsches and an "everyday" Mercedes, which clearly makes him a "minivan guy" (rather than supporting the more obvious premise that wealthy people actually -- SHOCKER -- do drive pricey cars!), that 3-series (which, nicely outfitted, cost upwards of $50,000+) are "poor people" cars (equivalent to "poor people" stores, per one poster), and that real wealthy people would never be caught dead with nice cars, nice homes, Ivy League educations, etc. (Tell that to Bethesda, McLean, North Arlington, and Great Falls. I'm assuming DCUM doesn't get many posters from those regions.)

What you really need to fit into DCUM is a third-tier education, an HHI of $50,000-150,000 per year, a Honda Civic, a real distaste for people that have more than you, and a dislike of Washington in general. Love this site. It's so not the DC that I know, but it's apparently one that exists for the 30 posters that argue incessantly about every topic under the sun.

[Anonymous]

What you really need to fit into DCUM is a third-tier education - nope, state Ivy
an HHI of $50,000-150,000 per year - nope, almost $400,000
a Honda Civic - okay, I do have a Honda, but not a Civic
a real distaste for people that have more than you - nope, God bless them, they earn every cent
and a dislike of Washington in general - again, wrong. Born in the city, third generation Washingtonian.