***New Car Advice Thread*** (1 Viewer)

[fantasycurse42]

Got a new car... No longer need advice, but feel free to post new car questions/advice here.

 

[johnjohn]

Get a used car for around 7k, and be done with it. Who are you trying to impress leasing an expensive car

 

[Hawks64]

Get a used car for around 7k, and be done with it. Who are you trying to impress leasing an expensive car

Maybe has a corporate car allowance?

 

[fantasycurse42]

I know most FBG's drive S63's and M7's, but I need advice for something more practical...

 

[Bucky86]

I have a 3 series. Love it.

Those lease special prices are almost always complete B.S. BTW.

They probably only have 1 at that price and I'm sure that doesn't include taxes.

 

[fantasycurse42]

I have a 3 series. Love it.

Those lease special prices are almost always complete B.S. BTW.

I feel like the official website (I.E. bmwusa.com) are closer than the newspaper which are always ####.

How is the trunk and backseat space in the 3 series? Do xenon headlights come standard?

 

[mquinnjr]

Just leased an Infiniti G37x AWD with Premium and Navi packages and 15k/year miles for about 2k under invoice. MSRP has dropped significantly on this model since it's being replaced by the Q50 going forward. Great value for a car that's very comparable to any other entry level luxury car, for a significant savings on the lease/sales price. Just got the car last week and absolutely love it.

Only had to put out acquisition fee and docs/tags fees and first month payment out at signing, didn't need to touch the capitalized cost in my down payment as the price was good to go at that point for me. To get the above prices for a BMW/Lexus, you're going to need to add in taxes, any options you want, mileage (those prices probably only include 10k mileage allowances) and at least 3k+ down payment as a capitalized cost reduction to get that quoted price.

 

[fantasycurse42]

Just leased an Infiniti G37x AWD with Premium and Navi packages and 15k/year miles for about 2k under invoice. MSRP has dropped significantly on this model since it's being replaced by the Q50 going forward. Great value for a car that's very comparable to any other entry level luxury car, for a significant savings on the lease/sales price. Just got the car last week and absolutely love it.

Only had to put out acquisition fee and docs/tags fees and first month payment out at signing, didn't need to touch the capitalized cost in my down payment as the price was good to go at that point for me. To get the above prices for a BMW/Lexus, you're going to need to add in taxes, any options you want, mileage (those prices probably only include 10k mileage allowances) and at least 3k+ down payment as a capitalized cost reduction to get that quoted price.

I like the G37, I'll add it to the list. Thanks

 

[mquinnjr]

Just leased an Infiniti G37x AWD with Premium and Navi packages and 15k/year miles for about 2k under invoice. MSRP has dropped significantly on this model since it's being replaced by the Q50 going forward. Great value for a car that's very comparable to any other entry level luxury car, for a significant savings on the lease/sales price. Just got the car last week and absolutely love it.

Only had to put out acquisition fee and docs/tags fees and first month payment out at signing, didn't need to touch the capitalized cost in my down payment as the price was good to go at that point for me. To get the above prices for a BMW/Lexus, you're going to need to add in taxes, any options you want, mileage (those prices probably only include 10k mileage allowances) and at least 3k+ down payment as a capitalized cost reduction to get that quoted price.

I like the G37, I'll add it to the list. Thanks

So I just priced the 335i, with the same options as the Inifiniti G37 I leased. Sticker on the infiniti is 40k as configured. Sticker on the 335i with the same configuration is 54.5k

BMW is certainly nice if you can afford it, but I can't. the G37 with the same options is 15k less as a starting point, and they moved about 4k down on the sticker for the sales price for the lease. I've never had a BMW, but I've heard they don't negotiate too, too much down off of the sticker, either.

Worth looking into if price is a factor.

 

[fantasycurse42]

Just leased an Infiniti G37x AWD with Premium and Navi packages and 15k/year miles for about 2k under invoice. MSRP has dropped significantly on this model since it's being replaced by the Q50 going forward. Great value for a car that's very comparable to any other entry level luxury car, for a significant savings on the lease/sales price. Just got the car last week and absolutely love it.

Only had to put out acquisition fee and docs/tags fees and first month payment out at signing, didn't need to touch the capitalized cost in my down payment as the price was good to go at that point for me. To get the above prices for a BMW/Lexus, you're going to need to add in taxes, any options you want, mileage (those prices probably only include 10k mileage allowances) and at least 3k+ down payment as a capitalized cost reduction to get that quoted price.

I like the G37, I'll add it to the list. Thanks

So I just priced the 335i, with the same options as the Inifiniti G37 I leased. Sticker on the infiniti is 40k as configured. Sticker on the 335i with the same configuration is 54.5k

BMW is certainly nice if you can afford it, but I can't. the G37 with the same options is 15k less as a starting point, and they moved about 4k down on the sticker for the sales price for the lease. I've never had a BMW, but I've heard they don't negotiate too, too much down off of the sticker, either.

Worth looking into if price is a factor.

I think the G37 probably has more room... We are going to look over the weekend. From pictures it looks like the 3 series has a small trunk and backseat.

 

[TheIronSheik]

Have you thought about buying a crossover?

 

[fantasycurse42]

Have you thought about buying a crossover?

Is that similar to a station wagon?

 

[TheIronSheik]

Have you thought about buying a crossover?

Is that similar to a station wagon?

Yes. And you should buy one.

 

[coyote5]

Get a used car for around 7k, and be done with it. Who are you trying to impress leasing an expensive car

7k for a car? And it's not even brand new??? What are we, the #######ed Rockefellers?

 

[fantasycurse42]

Have you thought about buying a crossover?

Is that similar to a station wagon?

Yes. And you should buy one.

We looked at the Nissan Juke, at which point I lit most of my money on fire and then bought a bicycle.

 

[ClownCausedChaos2]

Have you thought about buying a crossover?

Is that similar to a station wagon?

Yes. And you should buy one.

No one likes a smartass.

 

[TheIronSheik]

Have you thought about buying a crossover?

Is that similar to a station wagon?

Yes. And you should buy one.

No one likes a smartass.

Whatever. You know you came in here to post the same thing.

 

[fantasycurse42]

Have you thought about buying a crossover?

Is that similar to a station wagon?

Yes. And you should buy one.

No one likes a smartass.

Whatever. You know you came in here to post the same thing.

I actually like the Nissan Murano, but if we are going something of that size, I think it is the X3 - In all seriousness, we are prob avoiding crossover/SUV.

 

[TheIronSheik]

In all seriousness, I say this every time someone is looking at cars in this range:

Go check out the Acura TL. It comes fully loaded and is a beautiful car. I'm not saying you'll buy it over the other ones you've listed, but you should at least check it out.

 

[fantasycurse42]

In all seriousness, I say this every time someone is looking at cars in this range:

Go check out the Acura TL. It comes fully loaded and is a beautiful car. I'm not saying you'll buy it over the other ones you've listed, but you should at least check it out.

My brother in law just got the RLX, awesome car...

I like the TL, but they are completely redoing it in a few months... I don't think we are going to wait, but the http://www.acura.com/futurevehiclesgallery.aspx?model=tlx#2015-tlx-exterior-prototype-gray-road-3 TLX looks awesome!

 

[Leroy's Aces]

I lease a 335 and love it. It handles great and is pretty fast. I did use a 528 as a loaner once during a service, and I liked the size/style of the car, but the acceleration was terrible by comparison to the 335. (as to be expected, heavier car, smaller engine). I would avoid a 328 or 528 as the performance just isn't good enough. I now prefer the 5 series for overall size and may go to a 550 for my next lease or possibly buy a used 2013 Mercedes S550 (great styling).

I started leasing because I usually get sick of the same car after a few years, don't like getting service work done on older cars, and usually traded cars back in anyway for a crappy price when I bought.

We have previously owned a Lexus SUV and I test drove some of their sedans. They are fine, reliable cars, but won't quicken the pulse when you drive it like a BMW does.

 

[sublimeone]

Have you priced the es 350 yet? I would imagine that lease rate is based on bare bones, 10k annually, no tax and a sizable down payment. If you went with 0 down, 15k, added in tax title etc.. maybe a couple bells and whistles I would imagine you be in the $550 - $600 range easily.

 

[fantasycurse42]

Have you priced the es 350 yet? I would imagine that lease rate is based on bare bones, 10k annually, no tax and a sizable down payment. If you went with 0 down, 15k, added in tax title etc.. maybe a couple bells and whistles I would imagine you be in the $550 - $600 range easily.

We only need 10k a year... It is everything we need, doesn't include navigation, but whatever... down payment is $1500

 

[ClownCausedChaos2]

Have you thought about buying a crossover?

Is that similar to a station wagon?

Yes. And you should buy one.

No one likes a smartass.

Whatever. You know you came in here to post the same thing.

Pfft. I don't even LIKE crossovers.

 

[Sleeping King]

I lease a 335 and love it. It handles great and is pretty fast. I did use a 528 as a loaner once during a service, and I liked the size/style of the car, but the acceleration was terrible by comparison to the 335. (as to be expected, heavier car, smaller engine). I would avoid a 328 or 528 as the performance just isn't good enough. I now prefer the 5 series for overall size and may go to a 550 for my next lease or possibly buy a used 2013 Mercedes S550 (great styling).

I started leasing because I usually get sick of the same car after a few years, don't like getting service work done on older cars, and usually traded cars back in anyway for a crappy price when I bought.

We have previously owned a Lexus SUV and I test drove some of their sedans. They are fine, reliable cars, but won't quicken the pulse when you drive it like a BMW does.

I have an 08 335i that until recently loved. That's before the Xenon ballast went out. And then the water pump/thermostat. And then the traction control module...to be continued just give it a week or two. I can not put my golf bag in the trunk without taking the driver out. I can not put my sons rear facing car seat behind me because it keeps my seat too far forward. It's certainly a blast to drive but not worth the headache. Thankfully I have not had the fuel pump issue that my model year had. I will be getting rid of it ASAP and trying to find that magical >10k "great car" everyone keeps talking about.

 

[fantasycurse42]

I can not put my golf bag in the trunk without taking the driver out. I can not put my sons rear facing car seat behind me because it keeps my seat too far forward.

This is the feedback I needed.

 

[jon_mx]

I lease a 335 and love it. It handles great and is pretty fast. I did use a 528 as a loaner once during a service, and I liked the size/style of the car, but the acceleration was terrible by comparison to the 335. (as to be expected, heavier car, smaller engine). I would avoid a 328 or 528 as the performance just isn't good enough. I now prefer the 5 series for overall size and may go to a 550 for my next lease or possibly buy a used 2013 Mercedes S550 (great styling).

I started leasing because I usually get sick of the same car after a few years, don't like getting service work done on older cars, and usually traded cars back in anyway for a crappy price when I bought.

We have previously owned a Lexus SUV and I test drove some of their sedans. They are fine, reliable cars, but won't quicken the pulse when you drive it like a BMW does.

I have an 08 335i that until recently loved. That's before the Xenon ballast went out. And then the water pump/thermostat. And then the traction control module...to be continued just give it a week or two. I can not put my golf bag in the trunk without taking the driver out. I can not put my sons rear facing car seat behind me because it keeps my seat too far forward. It's certainly a blast to drive but not worth the headache. Thankfully I have not had the fuel pump issue that my model year had. I will be getting rid of it ASAP and trying to find that magical >10k "great car" everyone keeps talking about.

What about dead prostitutes?

 

[sublimeone]

Have you priced the es 350 yet? I would imagine that lease rate is based on bare bones, 10k annually, no tax and a sizable down payment. If you went with 0 down, 15k, added in tax title etc.. maybe a couple bells and whistles I would imagine you be in the $550 - $600 range easily.

We only need 10k a year... It is everything we need, doesn't include navigation, but whatever... down payment is $1500

Sounds like a pretty good deal IMO. It seems like you get better lease rates on Lexus/Toyota compared to BMW/Mercedes/Audi because of they hold their value better.

 

[Dentist]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

 

[TheIronSheik]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

Well, if you don't understand I guess we should stop. Hey, everyone! Dentist doesn't get it. Please stop buying luxury cars.

 

[gianmarco]

Wife has had both a 5 series as well as the X3. The 5 series is a wonderful car. The X3 is solid as well. I'm a big fan of the way these drive. You won't be able to get a 5 series in that price range. The X3 is doable but it depends on what kind of promotions they are running. Don't ever go by the advertised lease prices as you should do the math yourself. What you need to do is figure out if you're getting a 2013 (if they still have any) or a 2014 and what the residual is for on a 10k mile/year lease. Find out their money factor. Then go to a lease calculator and figure out what the price of the car needs to be to get the payments in your range. Do NOT (I repeat DO NOT) go in and just negotiate on monthly lease payments.

Read here on a post of mine earlier on leasing

 

[fantasycurse42]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

Well, if you don't understand I guess we should stop. Hey, everyone! Dentist doesn't get it. Please stop buying luxury cars.

Got a Corolla

 

[sublimeone]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

Well, if you don't understand I guess we should stop. Hey, everyone! Dentist doesn't get it. Please stop buying luxury cars.

Got a Corolla

Ha ha, I feel your pain. Just leased a Corolla last week. Good choice. Your future you is extremely proud.

 

[fantasycurse42]

Do NOT (I repeat DO NOT) go in and just negotiate on monthly lease payments.

This is advice I just don't understand... I have ZERO intention of buying the car out. I am going to beat it to ####, get an oil change every 10k miles, and then give it back in 27 months and let someone deal with the problems.

All I care about is my cost for the next 27 months, that is it.

 

[Dentist]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

Well, if you don't understand I guess we should stop. Hey, everyone! Dentist doesn't get it. Please stop buying luxury cars.

No, I mean you're consciously making yourself poorer.... car payments and interest and then the much higher insurance rates associated with luxury automobiles.

Again I mostly associated these types of automobiles with the type of people that just walked in and paid cash for them because they were loaded.... I didn't realize people with average incomes were taking out 5-7 year loans or god forbid leasing these things... it sounds like financial suicide.

 

[fantasycurse42]

it sounds like financial suicide.

If I stop posting, I have parked my high end auto on the middle of the Verrazano Bridge and jumped

 

[TheIronSheik]

Do NOT (I repeat DO NOT) go in and just negotiate on monthly lease payments.

This is advice I just don't understand... I have ZERO intention of buying the car out. I am going to beat it to ####, get an oil change every 10k miles, and then give it back in 27 months and let someone deal with the problems.

All I care about is my cost for the next 27 months, that is it.

I believe that's what most cars recommend nowadays.

 

[sublimeone]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

It is truly a waste. I know so many people making very good money that drive luxury vehicles, live in luxury homes, take luxury vacations, and eat at fancy restaurants... that are all on Xanax and complain about how stressed they are. These same people could still live extremely comfortably and at the same time start stocking away the wasted money and retire decades earlier but I'm pretty sure none of them will because they have to impress the other parents on their kids soccer team.

 

[fantasycurse42]

Do NOT (I repeat DO NOT) go in and just negotiate on monthly lease payments.

This is advice I just don't understand... I have ZERO intention of buying the car out. I am going to beat it to ####, not get an oil change, and then give it back in 27 months and let someone deal with the problems.

All I care about is my cost for the next 27 months, that is it.

I believe that's what most cars recommend nowadays.

Okay, then I updated.

 

[TheIronSheik]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

It is truly a waste. I know so many people making very good money that drive luxury vehicles, live in luxury homes, take luxury vacations, and eat at fancy restaurants... that are all on Xanax and complain about how stressed they are. These same people could still live extremely comfortably and at the same time start stocking away the wasted money and retire decades earlier but I'm pretty sure none of them will because they have to impress the other parents on their kids soccer team.

Yes. None of them can afford it. I'm thinking of buying an '83 Yugo and starting a compost pile in my backyard. Only then, can we be truly happy.

 

[gianmarco]

Do NOT (I repeat DO NOT) go in and just negotiate on monthly lease payments.

This is advice I just don't understand... I have ZERO intention of buying the car out. I am going to beat it to ####, get an oil change every 10k miles, and then give it back in 27 months and let someone deal with the problems.

All I care about is my cost for the next 27 months, that is it.

That's why you should go read my link. This advice has nothing to do with you buying the car out. Lease payments are based on a purchase price of the car. You obviously don't know how leases work or are calculated, thus you should read what I posted and go spend a half hour and learn about it otherwise you are going to pay more money per month than you should.

Think of it this way: Do you negotiate monthly mortgage payments or do you negotiate the price of a house and then calculate the mortgage payments? Even though you aren't buying the car, you essentially are buying it and paying for the price of the car now minus the value of the car in 3 yrs when you turn it in and paying interest on that. You may not care but the dealership certainly does since that's how your contract will read and how they will calculate your payment. Thus, they'll end up using some inflated price on the car since you won't know any better as long as the monthly payment is where you want it. If you know how to negotiate a lease, you can get the exact same car with the exact same terms and have a lower payment.

But hey, why would you post here and actually take advice?

 

[fred_1_15301]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

It is truly a waste. I know so many people making very good money that drive luxury vehicles, live in luxury homes, take luxury vacations, and eat at fancy restaurants... that are all on Xanax and complain about how stressed they are. These same people could still live extremely comfortably and at the same time start stocking away the wasted money and retire decades earlier but I'm pretty sure none of them will because they have to impress the other parents on their kids soccer team.

Or there are people who are financially responsible, can afford luxury items, live within their means and still retire happy.

 

[fantasycurse42]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

It is truly a waste. I know so many people making very good money that drive luxury vehicles, live in luxury homes, take luxury vacations, and eat at fancy restaurants... that are all on Xanax and complain about how stressed they are. These same people could still live extremely comfortably and at the same time start stocking away the wasted money and retire decades earlier but I'm pretty sure none of them will because they have to impress the other parents on their kids soccer team.

For arguments sake, if I got a Camry or Accord for like $240 a month and insurance was about $80 a month paid in advance that would be $3,840 a year...

If I can lease a Lexus for $360 a month and the insurance is $100 a month paid in advance that would be $5,520 a year.

The difference is $5k over 3 years... I'll be honest here, that difference isn't going to shave that much time off of my retirement.

 

[Dentist]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

It is truly a waste. I know so many people making very good money that drive luxury vehicles, live in luxury homes, take luxury vacations, and eat at fancy restaurants... that are all on Xanax and complain about how stressed they are. These same people could still live extremely comfortably and at the same time start stocking away the wasted money and retire decades earlier but I'm pretty sure none of them will because they have to impress the other parents on their kids soccer team.

For arguments sake, if I got a Camry or Accord for like $240 a month and insurance was about $80 a month paid in advance that would be $3,840 a year...

If I can lease a Lexus for $360 a month and the insurance is $100 a month paid in advance that would be $5,520 a year.

The difference is $5k over 3 years... I'll be honest here, that difference isn't going to shave that much time off of my retirement.

to be fair if the 5520 was invested moderately and got 6% over 20 years you're talking about $17,700

I don't know your financial situation but that would add at least a couple months to my retirement.

 

[sublimeone]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

It is truly a waste. I know so many people making very good money that drive luxury vehicles, live in luxury homes, take luxury vacations, and eat at fancy restaurants... that are all on Xanax and complain about how stressed they are. These same people could still live extremely comfortably and at the same time start stocking away the wasted money and retire decades earlier but I'm pretty sure none of them will because they have to impress the other parents on their kids soccer team.

Or there are people who are financially responsible, can afford luxury items, live within their means and still retire happy.

In my experience this seems to be the exception rather than the rule. To each his own. I drive an Altima, my wife drives a Corolla, I hope to retire by 40.

 

[fantasycurse42]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

It is truly a waste. I know so many people making very good money that drive luxury vehicles, live in luxury homes, take luxury vacations, and eat at fancy restaurants... that are all on Xanax and complain about how stressed they are. These same people could still live extremely comfortably and at the same time start stocking away the wasted money and retire decades earlier but I'm pretty sure none of them will because they have to impress the other parents on their kids soccer team.

For arguments sake, if I got a Camry or Accord for like $240 a month and insurance was about $80 a month paid in advance that would be $3,840 a year...

If I can lease a Lexus for $360 a month and the insurance is $100 a month paid in advance that would be $5,520 a year.

The difference is $5k over 3 years... I'll be honest here, that difference isn't going to shave that much time off of my retirement.

to be fair if the 5520 was invested moderately and got 6% over 20 years you're talking about $17,700

I don't know your financial situation but that would add at least a couple months to my retirement.

When I pull up next to a guy in the Accord, it'll be noted that he'll be retiring 3 months prior to me.

 

[sublimeone]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

It is truly a waste. I know so many people making very good money that drive luxury vehicles, live in luxury homes, take luxury vacations, and eat at fancy restaurants... that are all on Xanax and complain about how stressed they are. These same people could still live extremely comfortably and at the same time start stocking away the wasted money and retire decades earlier but I'm pretty sure none of them will because they have to impress the other parents on their kids soccer team.

For arguments sake, if I got a Camry or Accord for like $240 a month and insurance was about $80 a month paid in advance that would be $3,840 a year...

If I can lease a Lexus for $360 a month and the insurance is $100 a month paid in advance that would be $5,520 a year.

The difference is $5k over 3 years... I'll be honest here, that difference isn't going to shave that much time off of my retirement.

to be fair if the 5520 was invested moderately and got 6% over 20 years you're talking about $17,700

I don't know your financial situation but that would add at least a couple months to my retirement.

It's typically more of a mindset. If you take the same approach to your house, your vacations, restaurants, clothing, kids clothing, etc... over 40+ years, it makes a HUGE difference.

 

[fred_1_15301]

What's the obsession with high quality transportation... do you guys have long commutes whereby really taking advantage of the car's luxury? Do you have to take clients around and thus desire a car that makes you look extra professional?

I don't get it... It's getting from one place to another... As long as the vehicle is reliable and clean I truly don't understand spending on elite transportation unless you are so rich that you can just pay cash for the whole thing and it's a "why not" kind of thing.

I mean if I was a multi-millionaire and the difference between a Chevy Traverse and a Land Rover meant nothing to me I suppose I'd pick the Land Rover.... but if I had to make payments or something... well.. i don't understand.

It is truly a waste. I know so many people making very good money that drive luxury vehicles, live in luxury homes, take luxury vacations, and eat at fancy restaurants... that are all on Xanax and complain about how stressed they are. These same people could still live extremely comfortably and at the same time start stocking away the wasted money and retire decades earlier but I'm pretty sure none of them will because they have to impress the other parents on their kids soccer team.

For arguments sake, if I got a Camry or Accord for like $240 a month and insurance was about $80 a month paid in advance that would be $3,840 a year...

If I can lease a Lexus for $360 a month and the insurance is $100 a month paid in advance that would be $5,520 a year.

The difference is $5k over 3 years... I'll be honest here, that difference isn't going to shave that much time off of my retirement.

to be fair if the 5520 was invested moderately and got 6% over 20 years you're talking about $17,700

I don't know your financial situation but that would add at least a couple months to my retirement.

Yeah the point is that you don't know what his financial situation is. He may be in great shape for retirement. It's important to be fiscally responsible and save for retirement but its also important to enjoy your life while you're young. I don't see why it's impossible to have both. If the guy wants a nice car, who are we to judge?

 

[fantasycurse42]

If we get the Lexus, I'm going to ask them to put a gigantic bow on it

 

[sublimeone]

If we get the Lexus, I'm going to ask them to put a gigantic bow on it

i though thought you went with the corolla?