Search results

@cojazzma True. If we apply it to this example, OP wants to buy a $70k car. If that makes him happy that’s cool. For $70k I could fly me and my 10 closest family members on an international vacation. Thats an unforgettable memory I’ll have with my loved ones. When I’m on the deathbed I’m gonna...

@chiefgeek Fair, you have to look at what really brings you happiness. If a car worth $70k is that, that’s cool. But I still think it’s irresponsible if you can’t buy it in cash. My opinion is things only make you happy for a little bit until you get used to them. I’m a big advocate for...

@triedandtested Gotcha, to be fair I know 0 about cars. Even if they do hold value I personally wouldn’t be comfortable holding a large portion of my net worth in one

@triedandtested If this is gonna be his daily driver is it still really going to hold its value if 10-12k miles are being put on it a year? Plus dings and scratches that happen. Personally that would stress me out driving around and worry about nah damage on my car with something of that dollar...

@eddified You can but I don’t think you should. What do your retirement savings look like? You should 100% be maxing those out before buying what is essentially a toy equal to over half your net worth. I think when it comes to any luxury vehicle, you should only buy it if you can afford to take...