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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here, thanks this was great. Yes, I have tried to talk to DH and told him how everything I've ever read about RR has been it's such an unreliable and expensive car to repair! He doesn't seem to care. I would rather pay more for a Lexus than get a RR. He still likes "the look" of them :roll: [/quote] Prior long poster here. Let's see if we can convince him otherwise. Buying a RR is like buying a boat. You are buying something that is a rarity for an asset, in that it simultaneously: --Plummets in value so rapidly that you're losing pools of money every day on depreciation alone and easily ending up in a negative equity position unless you pay cash or have a big down payment --Eats you alive in repairs --Wastes oodles of your time going back and forth to the repair shop (is this how you want to be spending your limited Thus, RR owners are: A) people who make such a high income that they barely notice the cost and aren't sacrificing anything in other life categories (these people generally lease RRs so as to ditch them before they explode into a maintenance time bomb after 36 months) B) car enthusiasts with the desire and skill to do all major and minor repairs on their own (they buy the used ones coming off lease from group A...even still, parts cost a lot) C) people with company car allowances or other true business reasons for owning this vehicle without forking over personal $ for it D) relatively successful middle-class people who sort of understand the RR reputation for abysmal reliability but see groups A/B/C driving them and think, hey, I work hard I should treat myself, really how bad could it be? All without truly understanding the headache they are getting into in terms of the mountains of cash they are pouring into a hole, the level they are adversely impacting other life goals, and the fact that high-maintenance cars are much more than just a cost headache. Does he know how it feels to miss important work meetings and family events because he is suddenly stranded on the side of the highway multiple times, followed by towing and shuffling back and forth to the repair shop? Is his time not worth much to him? I say do the math for the total cost of ownership over 5 years, using that car reviewer's repair cost numbers and showing how much a RR depreciates over 5 years (look at RRs for sale 5 years older than the model year he is considering), comparing a used RR to a used Lexus. Also, play out a few scenarios with both choices e.g. what happens if one of us loses a job? What happens if one of us encounters big medical bills? How does a $700 RR payment plus a surprise $4,000 repair in a single month work? Do you have the level of cash savings to where that is barely noticed in a monthly budget or is it really going to hurt? Try to position it as you're not suggesting he choose either a RR or a 1999 Corolla, but rather you work hard and intelligent people in your situation buy a [b]smart [/b]luxury car, not a dumb one. Intelligent people don't buy assets that depreciate as rapidly in value as a RR, unless that represents such a minuscule fraction of their income. The 2 year old Lexus is such a smart happy medium. And unlike the RR, which you'll be selling 3 years after buying it once you're sick of it being a money pit and time suck, you'll actually be content with keeping the Lexus for a long time with very reasonable upkeep costs.[/quote] Another great post! (I'm the +100 guy above). To OP, please read this one: [url]https://www.dcurbanmom.com/jforum/posts/list/880424.page[/url] [/quote]
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