Reply to What do all these people driving new Range Rovers do for a living?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Why would you want to?

FWIW, I could easily afford a Range Rover (DH is biglaw equity partner). I drive a Sienna, which is a far more practical choice. I prefer to invest my money rather than engage in ostentatious consumption. A car is a depreciating asset.
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But it's a depreciating asset that many can easily afford.

I paid cash for a brand new Benz. And I did so because I wanted the peace of mind of knowing that the car would last just about forever with little to no problems. And that's exactly what I got. A darned good quality car.[/quote]

Is this your first car?  Because you sound like you know absolutely nothing about them. Benz's are not known to last forever, or anywhere near it. If you want reliability then there are much better brands out there. Don't lie to yourself about the reason you paid cash for that benz. High-end does not equate to reliable when it comes to cars, Cars 101.[/quote]

This is correct, though rather harshly put. I am happy that buying a Mercedes worked out for that PP. I was not so lucky. I traded on my Mercedes when it need its third new transmission. It had only 50,000 miles on it at the time. Worst car I have ever owned.[/quote]

I Toyota corolla will easily outlast a Benz.  Same for a Sube, or even a Honda Civic.  When I see people driving high end cars, and particularly European brands, it is mostly about the look and image, status.    No different than one paying $2000 for a handbag or $10K for a Rolex watch.  You can easily purchase a brand new car for $25K that will be just as, if not more reliable than the high end cars and last longer.   Keep in mind, when you spend on the higher end items, it usually means, it costs more to take care of them.  People can say all the BS about "feeling good" driving a car, but I bet you there is not much of a difference in the feel, power in a Accord V6 ($30K new car) vs. a 5 series BMW ($60K vehicle).  They just need to keep telling themselves than to justify paying 2X the price to get a high end label.  [/quote]

No one has to try to justify anything to themselves. If they can afford it, they buy it. Point blank.

It's those who can't afford it who make up all the reasons why having something outside of their reach is such a bad idea.

I'm the poster who gladly and proudly paid cash for a Benz. Nothing better than driving a luxury car without having to worry about monthly payments for it. I also owned a Toyota which was a very, very good car. BUT it wasn't as trouble free for as long or look as good as my Benz so many years later.

Will never regret the choice.

If us luxury car owners like it and aren't taking money from your pockets for a high end label, why should you care??????[/quote]

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