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Cars and Transportation
Reply to ""luxury" cars - why? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Why would someone buy a 70-150k car when a 35k car gets you around just fine? Seems like a waste to me. I have a friend who just bought a Mercedes and I don't think k I could bring myself to do it. I know everyone's values are different but if I got a raise, I would go on vacation and save some. [/quote] I bought a 1975 450Sl Mercedes convertible in 1992 for $7,500 and it got totaled in 2012. I had it 20 years, put around $12K worrth of repairs and maint in it over 20 years. My insurance was on average $100 a year as a collector car. When totaled it was appreciated so I got paid out $18,500. I also paid like $25 bucks a year registration and inspection as a classic car. Net cost was $3,500 to keep it on road with insurance, maint and registration for 20 years. I laughed so hard at neighbors leasing cars for like $350 a month who were impressed at my mercedes. They spend $84,000 on lease payments alone over 20 years. [/quote] this is the most obnoxious post I've read. You laugh at people that are impressed by you? It makes you sound more materialistic then you (think) they are. Someone walks by and says "Wow, nice car." and you laugh at them for what... being "stupid" enough to buy what's typical and common in the market? You bought a piece of junk and fixed it up and maintained it. It became a classic - by definition. What are you driving now? Did you dig around craigs list to find another "classic" for $10,000? If you're driving any type of reasonable car, the joke's on you. I'm "laughing so hard" at you for totaling your classic car. Now you're stuck driving a Honda or Nissan or whatever.[/quote]
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