/biz/ - Business & Finance

>>50159430
buy reliable japanese cars for cheap with no debt if you can swing it
cars are something you spend big on once you hit $10 million or more if inflation beats you there

>>50159430
Buy a reliable old car for cheap. Hold onto it forever. Repeat.

Never buy new
Don't buy shit brands that are more prone to breaking down

>>50159430
mk4 diesel VW manual
50 mpg, 500k miles easy

>>50159430
>>50159479
>>50159517
>>50159521
buy in cash 8 year old toyota corollas and own for 7 years and do minor services yourself. rinse and repeat

>buy skylines 5yrs ago for ~$7k
>sell for upwards of $20k
its that simple

>>50159559
actually any toyota or honda that suits your needs best.

>>50159559
he gets it
>>50159521
damn that's like a prius mileage, not bad anon

>>50159430
Have a business and write depreciation off as a tax deduct

>>50159479
japanese cars are reliable but i generally go with ford since all your parts will be off-the-shelf products at most mechanic places should you ever need a repair. personally still driving a 2012 ford focus i bought for 5k in 2017, its just over 62k miles as of this month. jnsurance $74/month for basic coverage.

>>50159580
>damn that's like a prius mileage
the mileage is great but diesel engines last 2x gas and unless you are retarded a manual will last forever with the odd clutch change

>>50159575
Nah modern Honda is fucked in the reliability department, Toyota all the way.

>>50159620
oh and getting 419 miles to a tank which would be great if i wasnt paying $6.22 usd a gallon right now.

just buy a 10 year old used toyota corolla or honda civic, those things are indestructible with minimal care and are very affordable, once you have fuck you money then just buy w.e since money isnt a big deal

>>50159430
gmt800

you run the equation

>original price and mileage

>expected sale price and mileage after ownership.

>(original price - sale price) / ( mileage after ownership - original miles)

>this is the base price per mile to drive your car.

You can add in maintance and fuel costs too, but that doesn't really matter so much. modern cars are pretty reliable if you keep up with basic maintenance.

>>50159575
you ideally want a toyota or a honda built entirely at their originally japanese plants. you can sniff around online and see what models are wholly made in japan. Anything else is significantly less reliable.

Buy a 1990s Japanese 4WD diesel and make normies seethe.

>>50159430
purchase a brand new car and own it for 20 years. you win.

>Bought a 2013 Corolla with 35k miles for 7k a year ago
you just win

>>50159430
Buy a good quality car and drive it for at least 250k miles (modern cars are designed to last this long). Fixing a car is almost always better financially than getting a new one.

>>50159620
Every car parts store has most honda and toyota parts off the shelf. Also, not even all ford parts are off the shelf. I've had to special order parts for an old f-250 from the ford dealer before.

>>50159430
But a used Japanese car on Craigslist that was previously owned by white people.

>>50159620
Fords are a pain to repair because ford constantly makes small changes to common parts between model years so they won’t interchange. Ask a mechanic.

>>50159430
>have millions of dollars, enough to invest in the kinds of luxury cars that actually become collectors items
>have good enough taste to foresee which cars will become classics that will appreciate rather than depreciate
>buy them
>create a climate controlled air conditioned/heated garage capable of fitting all your "investment" cars
>make sure you have enough money to pay for AC and heating the whole year for your cars for the next few decades!
>do regular full wax jobs on the paint to make sure it stays good
>never drive them and never enjoy them--- miles decrease the value and you don't want any pesky damage/wear to the paint or components
>flush the gas tanks every few months because the gas goes bad, run seafoam/cleaner through your fuel system to keep the gas from jellying/varnishing in it
>run all of them once a month and sit in each one, wishing you could enjoy your investment
>realize that what actually brings you the most happiness are not pristine investment cars but rather the vehicles you can actually drive/enjoy and not worry about getting dinged up or worn a little

>>50159430
You have to drive whatever you own for 10 years minimum. Ideally 20 years or so. Otherwise you'll never get your money's worth out of it. Also, learn to do your own maintenance and repairs, it ain't hard.

t. 2000 F-150 owner

Take out a loan and invest the rest in a low risk index fund.

>>50159988
Still better than GM or Chrysler

buy shitbox, learn to turn a wrench.

>>50159430
8th gen civic and a motorbike that gets at least 70mpg.

>>50159430
>How do you win financially at the car ownership game?
sell on top, obtain bicycle instead

>>50160760
imagine being this retarded

>>50161064
Debt is a tool. Imagine giving up opportunity cost because muh depreciating asset

>>50159430
Know a person who works at the dealership.

Be a car guy who knows the difference between a good buy and a bad one.


Know a guy who is the guys listed above.

>>50159988
I've had a 2008 Ford f150 since I bought it used in 2013 with 50k miles. I still drive it with almost 175k miles today. Not a single major issue in 9 years. Just basic maintenance and the most major stuff was the front end work like shocks and ball joints etc. Probably going for another Ford when I decide this ones done.

>>50161085
>Debt is a tool
if you use it to make money, retard

>>50159988
With easy access to parts online via ebay and online inventories for u-pull junkyards it's not that big of an issue unless you pick a really obscure model. Even so I still prefer jap economy shitboxes

>Just buy a 10 year old car that lacks 99% of the features modern cars have and you will instantly die in any major accident
>at least you saved 8k!

Fucking retard FIRE redditors all on /biz/ now lmao

>>50161241
10 years ago is 2012, what lifesaving new safety feature was introduced since then?

>>50161241
oh no I wont have carplay, bluetooth, GPS botnets, and radar cruse.

anyway

>>50159430
buy an 80's and 90's car or truck

they will run forever if you take care of them

I've owned my 95 ford thunderbird for 15 years now and it still runs great

>>50161241
>(((modern features)))
Yeah enjoy your remote deactivation for wrongspeak.
I don't think I've ever seen a more retarded post on /biz/
A 1990s volvo would be safer than 99% of cars on the road today anyway

Kys

>>50159479
>cars are something you spend big on once you hit $10 million or more if inflation beats you there
wrong. never spend big on cars

>>50161305
>manual
l m a o

>>50159620
>ford
>parts will be off-the-shelf products at most mechanic places

Yeah. Your piece of shit Ford will see many mechanics.

>>50159430
Diesel truck

>>50159765
>modern cars are pretty reliable

>>50159620
lol "basic" insurance. I pay like $21/month

>>50161406
what company?

>>50161346
you're just made cuz you can't drive stick

>>50161415
the one that has Jake in its ads

>>50161346
I'm sorry that you lack basic motor functions anon.

>>50161305
i hate modern steering wheels so fucking much

>>50161443
dam, state farm is charging me 33 bucks a month and I got that gay drive safe and save app on my phone

they must be ripping me off since i drive a "sports" car

>>50161503
my econobox civic is $35 a month, I should see if I can get a rate drop.

>>50161477
iktf bro

>>50161477
90's cars are pure soul

>>50161406
i live in BC, canada, the most commie part of leafistan. there is only one auto insurance company here, and they are run by the government (praise be unto them).

Finance a new car at 0% interest and actually get pussy. If you think $500 payments are too high you should be reallocating all your /biz/ time to picking up more Amazon shifts.

>>50161241
kill yourself edgy retarded nigger faggot, i hope ur mom dies of cancer in front of your face while ur gf cheats on you with ur best friend and has his kids, please kill yourself

>>50159430
in 2006 i bought my first car, a 2002 ram 1500 manual 6 speed transmission

to this day it is still my daiy driver, 250,000 miles

never left me stranded anywhere..

paid it off in 2010...

still gonna drive it...

only 3 seats... its ok i dont have a family still at 32, and im fine with that...

>>50161975
That's impressive. Good work. The truck jew is definitely seething right now.

>>50159430
Buy a bottomed out in value yet low production run car with a bit of performance, maintain it well, wait for it to gain value, sell and do it again, and if you live somewhere where they salt the roads, get a shitheap to eat salt

>>50161975
a true king of the road on his indestructible throne

>>50161401
you are a zoomer if you don't realize this. asides from overengineering, cars have gotten more reliable over time and every year more and more features are implemented as standard.

>>50159430
buy a 90s toyota and keep up on maintenance and never get rid of it
enjoy reliability with no car payment

Public transit

>>50159430
I bought a honda with the first six figs i made after a big investment on LACE, that was four months ago and i never had any car issues
with it (yet). So, yeah, japanese and new op

>>50159765
why

do

you

type

like

this?

This thread inspired me to check local car sales. Have a 2002 Camry 4 Cylinder. Bought at 108k kms two years ago, now has 145k kms and can sell for 2-2.5k AUD more than I bought it for. Old Toyotas are an appreciating asset.

>>50161446
is that a dildo?
you drive holding a dildo? srsly dude?

>>50162153
>be australian
>buy top of the line toyota ute in 2018
>drive 100k km
>sell tomorrow for 10k more than paid for it
wtf is this market?

>>50162182
The ute stuff makes sense considering there is a 1 year wait for new cars. I know someone who bought a brand new Toyota ute to tide him over before his Tesla arrived six months ago. The dealer called him a couple days later telling him someone came into the dealership wanting the car and was prepared to pay 50k more for it. The fucker is loaded and said no hahaha

>>50162085
ridiculous unreliability isn't just new to modern german cars
recalls are so much more frequent than they were decades ago
there's decline across the board because of efficiency chasing and cost cutting
some manufacturers like toyota are better at reducing the impact on their vehicles but even they're not as bulletproof as they used to be

>>50161975
>ram 1500
how many DUIs are you at?

>>50159430
I just take public transport or walk.
Cars are dangerous and one of the leading causes of death.
Without a car I'm immune to "muh gas prices" and I don't have the government nickle and diming me for some piece of shit that breaks down constantly and drains my wallet.
The cops never have any reason to pull me over or fine me because I'm just walking.
Cars are for faggots.

>>50162295
Forgot to add that since I walk my physical health is better than car drivers who never get any exercise.
Because I don't have a licence or my own transport no job would ever hire me so I am immune from wage slavery and can live life happy as a permaneet. Cars are a prison.

>>50162295
Walk to a city 100 miles away

>>50162430
If a city isn't close to an airport or doesn't have good public transport available to travel to it there is no point going there anyway.

>>50162473
https://www.youtube.com/watch?v=FaqZ4z4SE4s

>>50162479
https://youtu.be/LKG9RCHUBWo

>>50162479
https://youtu.be/P8-1X8au4eg

>>50162479
https://www.youtube.com/watch?v=w34wb_fsh6c

>>50162542
i put on weight when i stopped walking and started driving everywhere
but then i just started lifting because then i had more free time
cars only make you lazy if you're already a lazy person

>>50162853
I lived in the USA for several years and I'd see these giant 700 lb fucking hamplanets go to the drive thru bank, go to the drive thru Mcdonalds and get get their 40 chicken nuggers and 1 gallon Ice Tea for breakfast then scarf that shit down and drive to walmart and jump straight out of their lifted Ford F250 and into a mobility scooter. Lazy ass niggers and their fucking cars should be shot but fact is they'll probably get T-boned by a rogue chink driver or die of a heart attack anyway. Carcucks are fags.

>>50161241
>blind spot warning
<BEEP><BEEP><BEEP> oh wow so annoying let me turn that off
>lane assist, brake assist
Im so retarded. How did I even pass the DMV test.
>reverse camera, gps
Oh wow, I can get these installed in any old car for $500.

>>50159430
2nd hand 5 year old Toyota and run it to 300k+ km

>>50162980
you're aware that people in other countries also own cars but somehow don't get fat, right
the car doesn't make you fat
it's not some dark magic curse

>>50161294
>>50161305
>>50161323

you dumb redditors need everything handed to you dont you?

car crashes at speed are more safe in modern cars, theirs a reason cars have been getting more and ugly is because goverments have put on more and more safety/emissions restrictions.

here is a link i found within 5 seconds of using my brain and googling it
https://www.cnet.com/roadshow/news/cars-safe-speed-crashes-iihs-aaa-study/

Also modern creature comforts such as lane assist, reverse cam- you know what I can't, I cannot handle the stoopidy.

>>50159430
>How do you win financially at the car ownership game?
Have an old shitbox to drive around when needed, otherwise bike, run or walk for fitness.

>>50159430
I have saved thousands over my driving lifetime by never getting insurance and just not crashing.

>>50159674
Not sure where that comes from except for the problems with their newer turbo engines putting fuel in the oil under very cold start conditions, like northern winters. But I think that's been fixed for a year or two as well, and you can still get naturally aspirated Hondas. Nothing else tends to break much on them. Nothing serious at least.
I've had a '14 civic since it was new, and I beat the absolute shit out of it. 120k miles, one incident of sliding off the road into trees at 30mph, tons of engine braking down a mountain ridge when I lived on it, a few years of tearing over a lumpy ass dirt road, many instances of plowing the front end through snow which was really too high to be taking a sedan through. Lots and lots of blasting through corners and squealing rubber in this poor, abused thing.
Unusual maintenance costs:
>2 front wheel bearings for being an asshole to them on dirt road bumps.
>Driver mirror, door handle, front left body panel, and gas cover replaced after having a fight with an oak tree.
I have spent more on tires than anything else, and the thing still drives like new. I've been considering trading it for a Mazda CX-5 as I really need to carry more shit around these days than a sedan can handle, or even a hatch can. But I don't want the day to come. It's been so good to me bros.

>>50159430

You don't.

t. Car salesman

>>50163074
lmao ESL nigger, lol even

>>50159430
Best car ever made

>>50163074
don't care schmo, sticking with my shitbox.

>>50159606
Nice way to get audited.

>>50159430
Bought a merc for 2k from a druggie friend, drove it for 5years, put in 1k into it, sold for 12k

>>50159430
>never lease
>research reliability
>learn to wrench for yourself
>never cuck out and use a stealership for repairs

>>50162085
This is an absolute meme. Even Toyota has gone to shit now, it's fucking depressing.

>>50162271
European Carmakers realized that they are not making money so they are making cars that are made to break shortly after warranty to suck more cash from suckers who bought into their BS.
This design philosophy is carried over to Korean cars and Jap cars like Nissan.

>>50163180
Not my experience
>2018 Honda Civic
>Engine pump failed once, replaced under warranty
>Rusting under the frames, bolts rusted & stock brakes
>A/C failed thrice, which is a pain in the ass
>Infotainment system failed (Replaced with Pioneer)
>Pronounced wind noise after 35k miles that should not be there

My family had similar bad experiences with the 2016 Vezel.
Now I drive my 2005 V6 Camry and while it is burning oil, it is not in the workshop and takes me where I need to be.

>>50163074
>newfag can't read
Retard
Kys again and then log off

>>50161241
>OH MY GOD IS THAT A TOUCHSCREEN INSIDE MY ELECTRIC KEK BOX PLS TAKE MY MONEY PLUS INTEREST

>>50161241
muh back up camera bros

>>50162182
>>50162153
thats not appreciation, that's inflation

>>50159729
Are u kidnapping kids from playgrounds?

>>50159517
thats old advice anon. used cars from the last few years that are under 50k miles are selling for more than new cars are right now. the whole used car market is inflated af right now. I've never thought about buying new before, but it seems stupid not to right now if you are trying to buy a car. can't even buy complete beaters for less than $3k anymore...I'm talking about the junkers that should be $500.

>>50159430
>"I could tell ya, but then I'd have to kill ya"

>>50159430
Get a €500k loan and buy a Rolls-Royce. Those things are fast, classy and handcrafted to the minor detail. You deserve better than driving some plastic crap manufactured by Changs in sweatshop factories

>>50161157
money is fungible therefore leveraging on a car is the same as leveraging your portfolio but with no liquidation risk

>>50159430
A relative of mine works at TitleMax, he said take out a loan and don't pay it back. Let them repo the car and then buy it back at auction for less than the loan amount.

I own 14 cars irl, i daily drive a clapped out civic.
The rest just sit inside being cool. It’s a huge waste. Sometimes I think I want to drive one but never do, because no point besides my own enjoyment.

>>50159430
You don’t, cars are a depreciating asset.

Buy a cheap daily and do repairs yourself, it’s not as hard as it seems. I’ve saved thousands by doing my own brakes, tires, oil, bearings, suspension, and A/C system. 200k+ Mileage now on my Subaru and I intend to keep going.

>>50159620
2015 Focus hatchback owner, bought it brand new for 11k in 2015, can't beat z plan. I love it, and as long as you have driven manual before you'll have no issues with PowerShift. Pissed Ford stopped making it

>>50170735
>11 thousand dollars
>for a 2015 Ford hatchback
This is like spending $3000 on a prebuilt gaming pc

>>50169653
>no liquidation risk

>>50161529
based momo enjoyer

>>50159430
A usual rental agreement last 3 years and the vehicle loses most of its market value during those 3 years.
Find a used, reliable car with low mileage that just ended their rental agreement. Pay cash and maintain the car well.

Buy a shitbox for 500$ and fix everything yourself.

>>50159892
Modern cars have planned obsolesence, designed to start breaking after the dealer warranty ends.
Old pre 2000 cars run much longer.
Stuff like old toyota trucks can commonly go for 400-500k miles

>>50161241
>car safety!!

Virgin nanny prius driver vs the chad vintage cadillac enthusiast

>>50162153
Yeah. I bought a 4runner for 3k, put like 60k miles on it and now i can sell it for 6-7k and ive never had to do anything to it besides a wheel axle and basic maintenance

>>50159430
Instead of buying one used car for $5000 go on craigslist and buy three used cars for $1500 each. Then use rock auto and youtube tutorials to keep them all running yourself. A fleet of junk is more reliable than just having one car that everything depends on.

>>50161085
Debt is a tool for the banks not for you. Dont sell yourself into slavery because you think you are smart enough to handle it.

>>50159430
drive 90s thunderbird

they never break down

>>50171335
>MPAC1A ID

>>50159430
I can order a Ram TRX for $82k once it comes in, sell it to a dealer for $92k. Bc people don’t want to wait.

>>50167154
>af

Dumbass

>>50159430
I made our like a bandit buying out the lease on a 2017 Honda Civic. Was leased before covid hit, buyout price locked in at only $10k, paid about $6k over the course of the lease. Used car prices are so high today that I could easily sell it for $20k. So overall I’m $4k up on a car I’ve driven for 5 years.

It's not fair Ameribros, I just want a small car that gets me from point A to point B at 67 MPG.

>>50161477
this is the same interior as a toyota truck lmao

>>50161443
How do you get it to be so cheap with State Farm? Is it just liability coverage?

>>50159674
This honda had shit transmissions all the way back in 02 I saw an old lady driven accord lose a transmission just over 80k miles toyota all the way buy a 3.5 so no timing belt 5 speed auto transmission

>>50160925
For motorcycles yamaha is the toyota of reliability

You get yourself a nice Honda Civic or accord slightly used with 10-20K miles for 15-20K and drive that thing until 300K miles.

That’s how you win. Simple as.

>>50161241
You think a 2012 is unsafe because it doesn't have an infotainment system lel found the bagholder

Live in europe , buy a bike and stop being a lazy fuck that needs to drive everywhere and park next to the entrance.

>>50159430
17 year old VW passat chad wagon, £480. 2 years ago

>>50161346
What are you laughing at retard

That's the ideal configuration

>>50161157
How could you not make money on 2%-3% debt? Even some CD's can go higher. Ibonds are 9% for at least 6 months

>>50159430
cash buy a 10-20 muscle car. fix it up, and sell for a profit when you’re bored with it.