Car Talk 5: The Juice is Loose!

[Huckleberry]

Because everyone else does, duh.

Gotta keep up with the Joneses.

House of cards implosion is imminent.

https://www.bankrate.com/mortgages/cfpb ... come-rule/

Unlimited money cheat = enabled.

Still able to short the housing market?

[coogles]

I can honestly say the single worst financial decision of the last 5 years has been the purchase of a $60K OTD BMW that is now worth $30K or less. Only way this turns out to a tolerable sitch is if we keep it for another 3 years. Yes it's a luxury, yes we can afford it, but I don't love the car to the tune of that kind of depreciation. It would have been better to spend $70K on a lightly used 997 Carrera S......at least you would walk out to the garage every day and say The whole 60 grand appliance thing.......

That's painful.

I'm right there with you about buying cars nearing the bottom of a depreciation curve. Even if they cost a bit more to maintain, you're not dealing with much of a balance sheet hit.

[Tar]

There is so much of that going on. And thinking that "keeping up with" others requires buying a depreciating asset is just . I always wonder how much of the "middle class struggles" are just because people want huge houses and brand new $50,000 Wranglers instead of living more modestly.

I can honestly say the single worst financial decision of the last 5 years has been the purchase of a $60K OTD BMW that is now worth $30K or less. Only way this turns out to a tolerable sitch is if we keep it for another 3 years. Yes it's a luxury, yes we can afford it, but I don't love the car to the tune of that kind of depreciation. It would have been better to spend $70K on a lightly used 997 Carrera S......at least you would walk out to the garage every day and say The whole 60 grand appliance thing.......

AKA Financial Seppuku

Joking aside if the wife owns and operates it into the sunset then so be it. With there is always compromise.

[Desertbreh]

I can honestly say the single worst financial decision of the last 5 years has been the purchase of a $60K OTD BMW that is now worth $30K or less. Only way this turns out to a tolerable sitch is if we keep it for another 3 years. Yes it's a luxury, yes we can afford it, but I don't love the car to the tune of that kind of depreciation. It would have been better to spend $70K on a lightly used 997 Carrera S......at least you would walk out to the garage every day and say The whole 60 grand appliance thing.......

AKA Financial Seppuku

Joking aside if the wife owns and operates it into the sunset then so be it. With there is always compromise.

If the wife were informed that a slightly used model in not EXACTLY the color combo she wanted would buy first class air and a European River Cruise, she might have a change of heart.

[Tar]

AKA Financial Seppuku

Joking aside if the wife owns and operates it into the sunset then so be it. With there is always compromise.

If the wife were informed that a slightly used model in not EXACTLY the color combo she wanted would buy first class air and a European River Cruise, she might have a change of heart.

Maybe bring it up and start programming her for the next one!

[max225]

There is so much of that going on. And thinking that "keeping up with" others requires buying a depreciating asset is just . I always wonder how much of the "middle class struggles" are just because people want huge houses and brand new $50,000 Wranglers instead of living more modestly.

I can honestly say the single worst financial decision of the last 5 years has been the purchase of a $60K OTD BMW that is now worth $30K or less. Only way this turns out to a tolerable sitch is if we keep it for another 3 years. Yes it's a luxury, yes we can afford it, but I don't love the car to the tune of that kind of depreciation. It would have been better to spend $70K on a lightly used 997 Carrera S......at least you would walk out to the garage every day and say The whole 60 grand appliance thing.......

Yea 22/25k on trade... but that's just what it is you knew it we knew, and we knew it going in. It was like buying an engagement ring. She "Knows what she wants" so you put up and shut up or she won't put up with you letting a fart rip at 1am without storming out of the house and asking for the big D.

I thought I was being relatively safe on the Mini (which pales to the Brown Bavarian chariot of fire), but even that ran me around 10k so far... a solid $3k+ per month. Obviously this will exponentially continue to decrease in expense but the front loaded number is simply staggering.

[Huckleberry]

Because everyone else does, duh.

Gotta keep up with the Joneses.

There is so much of that going on. And thinking that "keeping up with" others requires buying a depreciating asset is just . I always wonder how much of the "middle class struggles" are just because people want huge houses and brand new $50,000 Wranglers instead of living more modestly.

I think it definitely does contribute, but stagnant purchasing power is also a real thing.

[coogles]

AKA Financial Seppuku

Joking aside if the wife owns and operates it into the sunset then so be it. With there is always compromise.

If the wife were informed that a slightly used model in not EXACTLY the color combo she wanted would buy first class air and a European River Cruise, she might have a change of heart.

It's always nice when actually wants the cheaper car. She thought the white Atlas with black wheels was and preferred it to the Telluride that cost nearly $10k more. Fine by me!

[Desertbreh]

I can honestly say the single worst financial decision of the last 5 years has been the purchase of a $60K OTD BMW that is now worth $30K or less. Only way this turns out to a tolerable sitch is if we keep it for another 3 years. Yes it's a luxury, yes we can afford it, but I don't love the car to the tune of that kind of depreciation. It would have been better to spend $70K on a lightly used 997 Carrera S......at least you would walk out to the garage every day and say The whole 60 grand appliance thing.......

Yea 22/25k on trade... but that's just what it is you knew it we knew, and we knew it going in. It was like buying an engagement ring. She "Knows what she wants" so you put up and shut up or she won't put up with you letting a fart rip at 1am without storming out of the house and asking for the big D.

I thought I was being relatively safe on the Mini (which pales to the Brown Bavarian chariot of fire), but even that ran me around 10k so far... a solid $3k+ per month. Obviously this will exponentially continue to decrease in expense but the front loaded number is simply staggering.

At a certain point in the relationship, farting may not be loved, but it's tolerated.

[CaleDeRoo]

Yea 22/25k on trade... but that's just what it is you knew it we knew, and we knew it going in. It was like buying an engagement ring. She "Knows what she wants" so you put up and shut up or she won't put up with you letting a fart rip at 1am without storming out of the house and asking for the big D.

I thought I was being relatively safe on the Mini (which pales to the Brown Bavarian chariot of fire), but even that ran me around 10k so far... a solid $3k+ per month. Obviously this will exponentially continue to decrease in expense but the front loaded number is simply staggering.

At a certain point in the relationship, farting may not be loved, but it's tolerated.

When you fart during a bj but she doesn't even blink

[Desertbreh]

At a certain point in the relationship, farting may not be loved, but it's tolerated.

When you fart during a bj but she doesn't even blink

I don't think I'd ever go that far.

[CaleDeRoo]

When you fart during a bj but she doesn't even blink

I don't think I'd ever go that far.

Sometimes it sneaks up on ya

[max225]

Yea 22/25k on trade... but that's just what it is you knew it we knew, and we knew it going in. It was like buying an engagement ring. She "Knows what she wants" so you put up and shut up or she won't put up with you letting a fart rip at 1am without storming out of the house and asking for the big D.

I thought I was being relatively safe on the Mini (which pales to the Brown Bavarian chariot of fire), but even that ran me around 10k so far... a solid $3k+ per month. Obviously this will exponentially continue to decrease in expense but the front loaded number is simply staggering.

At a certain point in the relationship, farting may not be loved, but it's tolerated.

Just like sinking 30k in 2 years on a brown bavarian rocket.

[wap]

The is kind of the median between full status and something fun/cool. Any smaller and I couldn't haul two kids and a trunk full of tools but I make it work. The Euro spec station wagon Golf R is the ultimate dad car. Alas, they don't sell them here unfortunately.

Dis:

Man, that would be a sweet DD. Honestly, if the Sportwagen was available with the GTI motor, I would have gone that route over the Rabbit.

Part of me thinks we'll see wagons make a comeback over here once the SUV craze dies and people realize that they actually don't have to haul an entire house's worth of belongings with them on every trip. A friend of mine is helping his sister-in-law find a replacement vehicle. She has two kids and was convinced that she needed nothing short of a $45,000 SUV to fit the kids and be deathproof. The one issue with that is her bank account says she needs no more than a $25,000 vehicle. On their car shopping trip, she reluctantly looked at a Honda Accord, and much to her surprise, she actually liked it. Even more to her surprise, the car seat actually fit in the rear. The most surprising to her? This brand new car was under $25,000.

It makes me wonder how many people are convinced that they need to spend 50 large just to get a decent vehicle.

I'd be completely all over that if it happened. Would 100% be my next car purchase. Nahgonnahappen

Agreed with the rest of the post.

[wap]

[Desertbreh]

At a certain point in the relationship, farting may not be loved, but it's tolerated.

Just like sinking 30k in 2 years on a brown bavarian rocket.

We're at year three now brah.

[wap]

Because everyone else does, duh.

Gotta keep up with the Joneses.

House of cards implosion is imminent.

https://www.bankrate.com/mortgages/cfpb ... come-rule/

Unlimited money cheat = enabled.

[D Griff]

Because everyone else does, duh.

Gotta keep up with the Joneses.

There is so much of that going on. And thinking that "keeping up with" others requires buying a depreciating asset is just . I always wonder how much of the "middle class struggles" are just because people want huge houses and brand new $50,000 Wranglers instead of living more modestly.

It's human nature to live at the top of your budget even if it's totally unnecessary. I even see myself doing it

[max225]

Just like sinking 30k in 2 years on a brown bavarian rocket.

We're at year three now brah.

Man time is flying by FAST It is a 2017 right?

[Desertbreh]

We're at year three now brah.

Man time is flying by FAST It is a 2017 right?

Yessir took delivery in Feb of 2017.

[D Griff]

Man, that would be a sweet DD. Honestly, if the Sportwagen was available with the GTI motor, I would have gone that route over the Rabbit.

Part of me thinks we'll see wagons make a comeback over here once the SUV craze dies and people realize that they actually don't have to haul an entire house's worth of belongings with them on every trip. A friend of mine is helping his sister-in-law find a replacement vehicle. She has two kids and was convinced that she needed nothing short of a $45,000 SUV to fit the kids and be deathproof. The one issue with that is her bank account says she needs no more than a $25,000 vehicle. On their car shopping trip, she reluctantly looked at a Honda Accord, and much to her surprise, she actually liked it. Even more to her surprise, the car seat actually fit in the rear. The most surprising to her? This brand new car was under $25,000.

It makes me wonder how many people are convinced that they need to spend 50 large just to get a decent vehicle.

I'd be completely all over that if it happened. Would 100% be my next car purchase. Nahgonnahappen

Agreed with the rest of the post.

So I have to ask, do you ever actually fill up the and need more room? Forum bruhs have such for wagons but I can't think of a single sitch I've been in outside of moving (where I'd need to rent a anyway) that I've been in requiring more than the space available in a regular hatch/sedan/coupe. Not trolling, serious question.

[max225]

I'd be completely all over that if it happened. Would 100% be my next car purchase. Nahgonnahappen

Agreed with the rest of the post.

So I have to ask, do you ever actually fill up the and need more room? Forum bruhs have such for wagons but I can't think of a single sitch I've been in outside of moving (where I'd need to rent a anyway) that I've been in requiring more than the space available in a regular hatch/sedan/coupe. Not trolling, serious question.

I FEEL PERSONALLY OFFENDED

[wap]

I can honestly say the single worst financial decision of the last 5 years has been the purchase of a $60K OTD BMW that is now worth $30K or less. Only way this turns out to a tolerable sitch is if we keep it for another 3 years. Yes it's a luxury, yes we can afford it, but I don't love the car to the tune of that kind of depreciation. It would have been better to spend $70K on a lightly used 997 Carrera S......at least you would walk out to the garage every day and say The whole 60 grand appliance thing.......

Yea 22/25k on trade... but that's just what it is you knew it we knew, and we knew it going in. It was like buying an engagement ring. She "Knows what she wants" so you put up and shut up or she won't put up with you letting a fart rip at 1am without storming out of the house and asking for the big D.

I thought I was being relatively safe on the Mini (which pales to the Brown Bavarian chariot of fire), but even that ran me around 10k so far... a solid $3k+ per month. Obviously this will exponentially continue to decrease in expense but the front loaded number is simply staggering.

Is this why you got engaged?

[max225]

Yea 22/25k on trade... but that's just what it is you knew it we knew, and we knew it going in. It was like buying an engagement ring. She "Knows what she wants" so you put up and shut up or she won't put up with you letting a fart rip at 1am without storming out of the house and asking for the big D.

I thought I was being relatively safe on the Mini (which pales to the Brown Bavarian chariot of fire), but even that ran me around 10k so far... a solid $3k+ per month. Obviously this will exponentially continue to decrease in expense but the front loaded number is simply staggering.

Is this why you got engaged?

[wap]

I'd be completely all over that if it happened. Would 100% be my next car purchase. Nahgonnahappen

Agreed with the rest of the post.

So I have to ask, do you ever actually fill up the and need more room? Forum bruhs have such for wagons but I can't think of a single sitch I've been in outside of moving (where I'd need to rent a anyway) that I've been in requiring more than the space available in a regular hatch/sedan/coupe. Not trolling, serious question.

Didn't read it as trolling.
Occasionally, yes, I need more room. Not often, granted, but occasionally. Mostly when we take one of our long road trips as the hatch gets maxed out pretty quick with all the shit we bring, and I don't like to lower the back seats and expose everything we're carrying to the world. And for occasional trips to the home center it would be handy for longer lengths of lumber, conduit, bags of dirt or mulch, things, etc, plus bringing home the Christmas tree every year. Also, our occasional stock up runs to Sams fills up the hatch plus the back seat on occasion. So I wouldn't use it weekly or monthly, but several times a year it would come in very handy. And yes, I'm aware I can rent a pick up for $25 for those times but I wouldn't have to bother if I had a little wonder wagon. And it wouldn't be a compromise vehicle at all like a crappy CUV because it would drive just like a small, nimble car that it still is.

But, that's just my opinion, man.