/biz/ - Business & Finance

Low IQ. Imagine buying a vehicle with an MSRP of $30k when you can buy something used for $2000 that achieves the same exact thing. Believe me, to really rich people you look as poor driving this as you would a 2011 crown vic police interceptor, with the added insult of advertising to the world you blew 30k plus tax and tip on a new vehicle as some sort of cope. No clout, no sex appeal, no fun. You might as well spend $30k on a Bentley Continental GT. Imagine burning your money like this. Imagine having such low sentience and intelligence that blowing 30k on something that will be worth 3k in 10 years is a good idea. The total vehicle price should be less than 10% of your income, meaning youd need to be making over 300k to realistically afford this without it setting you back in life. If you go through with it, hopefully someone in a RAM 2500 pounding some beers slams into you and puts you out of your misery.

>>52555942
tl;dr, but what car are you finding used for $2000 that isn't ready to be parted out.

>>52555710
wtf OP are you me this is the exact car i've been thinking of buying

>>52555942
>buying a vehicle with an MSRP of $30k when you can buy something used for $2000

it gets like 40+ mph and won't break down and it will retain a lot of it's value anyways

>>52555942
the thought of anon buying this car, pulling off the lot and just getting decimated by drunk driven ram 2500 cracked me up

>>52555710
It's a good car bro. I have it in black. Recommend not getting it in black unless you enjoy cleaning it every weekend
I get avg ~830km per tank (~500miles). Trunk space is huge. Easy to park. Sensors everywhere. Radar cruise control w/steering assist is awesome on long drives. Nav unit is awesome and the stereo blasts metal like a champ
Highly recommended

>>52555710
i just bought a 2022 tacoma in cash. Cost $44K taxes included, which I don't think it too bad considering used models go for 35k+ currently.
to achieve this I saved money for several years and drove a shitbox

Kek, stop losing ur time anon, just check Bspin

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>>52555942
>buy something used for $2000
That is how much "project cars" and vehicles with no chance of ever driving again are being sold at now. Anything that can pass inspection is 5k at least

>t. poorfag

>>52555710
>hybrid
NGMI

>>52555710
I financed my car at 1.9% meanwhile my high yield savings account pays 3%. Paying cash is giving away money

>>52556047
>>52556371
Marketplace and craigslist from private parties. People just want to get rid of their old cars. I've bought vehicles listed for $5000 for $3000 before. Inspected and without issue. Just send an offer.

>>52556076
>it gets like 40+ mph
Do the break even calculation. Compared to $2000 25 MPG car, it would take you 47 years to realize the savings of a 30k vehicle at 40mpg driving 13,500 miles a year and that's not including inevitable battery maintenence and replacement of a hybrid which costs in excess of $3500 and can be expected every 10 years.
>and won't break down
Dubious with a hybrid with all sorts of fail points of both gas and electric systems.
> and it will retain a lot of it's value anyways
It's a depreciating asset, by its very nature, it won't.

>>52555710
>buy in cash

Dealers ask for more if you try to buy in cash because they make most money from financing.

Just say you want to finance 100% in exchange for a cheaper price. Sign the deal. Then immediately pay off the entire debt so you pay zero interest. Then you win.

>>52556951
Also dealers ask more from cash customers because they know you have more money than financing people. Dealers don't like cash buyers anymore.

>>52556782
4 or 5 years ago I could buy a decent shit box for $1000 to $1500 that needed a little bit of work to be a cheap reliable car. Now any thing under $2000 is a complete piece of shit that is some combination of: rusted to fuck, over 250,000 miles, needs major work like engine or transmission replaced, clearly ragged to fuck / owned by minorities, or is a known nightmare piece of shit model. Most decent cars are typically over $4000 now.

>>52555942
You are a (you) farming troll. Buying a safe car that is good on fuel and comfortable to drive is an important part of life.

>>52555942
you are right but also there is something to be said about the current experience we are not immortal, at some point you have to enjoy life as well. You cant take it with you.

>>52555710
Ok Karen

>>52555942
>something used for $2000
You have no idea what the used market is like right now. Not even reading the rest of your bullshit

>>52556951

Some finance contracts have an early-payoff fee.

>>52555710
you better fucking hurry anon these shits are hard as fuck to get your hands on lmao

Gm, that's cool! Everybody understands that crypto is the future, but have u tried Bspin?

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>>52556951
>>52556989
>Just say you want to finance 100% in exchange for a cheaper price. Sign the deal. Then immediately pay off the entire debt so you pay zero interest. Then you win.
That's even more anti-semitic than holocaust denial. I'm sure this is highly illegal.

I just want a mini coop

>>52556989
Fuck dealers with APR25%+ bullshit. It’s like an elaborate rentoid system but with cars instead of houses. Imagine paying a shitton off of the interest of a car and then a year later it gets repossessed.

>>52555942

>30k bentley

under no circumstances should anyone do this as a daily driver, any bentley for that price is going to be a clapped ex-rental fleet car, or a high-mile unmaintained piece of shit.

as a project? sure, maybe, because then you're 1) acknowledging it's probably a barely-running unroadworthy dog that needs lots of work, and 2) preparing yourself mentally for the fact you just bought a money pit.

if you want to daily an old car, late 90s japanese cars are the move.

>>52556369
i am also into the bullshit modachod. very god coins making money for village, ser

Did you remember to major in mathematics and study biological immortality like I told you?

> Hdfkfuseej urirudh

>>52555942
haha you got me, this does have clout with rich people, it just wont have clout with wealthy people. but its very unlikely you will meet those folks in your life

>rav4 cucks

>>52558475

... no, it doesn't. sorry. i was gsm at a toyota dealer for a few years, rav4s were the popular choice of single mothers, lower middle class wagies, and other such people who couldn't afford a highlander.

the only cars with clout to rich people are bentley/rolls royce, or exotic italian cars. anything else is literally just a method of transportation

>>52558561
>bentley/rolls royce, or exotic italian cars
can be rented
it's a massive liability to own these turds

>>52555710
buy a model Y instead
much better car

>>52558653

>it's a massive liability to own these turds

sure, but if you've got money it doean't matter. you'll eat the initial cost, the depreciation, the maintenance, the fuel etc. just so you get the best seat at the restaurant.

fuck, in my city it's so common to see rolls royce that you have to buy a 2-digit license plate for more than the car itself, to distinguish yourself from the peasants who can only afford the rolls and not the plate.

for rich people money is literally just quality of life tokens, it doesn't matter.

>>52555942
>buy shitbox for 2k
>pay 10k plus on transmission, engine and other shit that will brake within 1-2 years.
>ACK

>>52558789

but equally

>buy land cruiser in 2008 for 1500 bucks
>spend 1000 on initial maintenance
>daily for 150000 miles just changing oil and filters
>sell in 2021 for 12.5k

make it make sense

>>52558770
>just so you get the best seat at the restaurant
Just IMAGINE having to fork out $100s of thousands of dollars for a chance to eat some goyslop at a restaurant. Big yikes.
Anyway, you can just rent an expensive car for an occasion - different occasion, different car. Let the so-called "rich" people eat the cost of ownership. Not my problem.

>>52555942
50/50, there is also sunk cost of repair, warranty and then treating it like a rental.
purchasing it new for 30k msrp, and reselling it for 32k 2 years later, is a masterful strategy with only the insurance and fuel cost being charged off - which is nothing.

Now the past two years party is over, yes, but, god damn that was a great time.

But no, anon, your way of thinking seems best, but it is not correct. There is also 0%-3% loans, which, basically are free money.

>>52555942
>>52556906
this guy's fucking retarded he's never seen a manufacturer warranty in his entire life

>>52558891

imagine thinking i live in a country controlled by jews that would serve goyslop to its people

also the rental will not have 2 digit plates, that's why you also need to buy that to be given preference. at some level of wealth it all just becomes insignificant anyway, like when you completed gtav and can just buy anything ingame without even thinking about it.

>>52555942
>$30k
lol no. a rav 4 is probably around 25k. it's a budget crossover suv.

i agree though. dumb purchase. you can get a tacoma for the same price and its a nicer looking vehicle. or like you say find a used car and fix it up for a few grand. if you get something with a big engine like a crown vic you can invest money in the block and drag race people for money. or just roast tires and look cool.

>>52559086
>warranty
Are you a woman?

>>52559089
It starting to sound like you live in some shithole country. No wonder your takes are cringe af

>>52559093

unpopular opinion but i had a tacoma as a demo vehicle for a while and absolutely hated it. it's got this cramped kinda schoolbus driving position and shift action. it also handles like a fucking dog relative to the suv's. i demo'd a highlander for a bit too, and i could legit cut up in it at decent speeds. in the taco cuts at anything more than 70 felt way too sketchy.

taco only really good for farmers prove me wrong

>>52558155
occasionally, but, with outside finance its rare, and OF is still easy to get
>>52558213
nope. get rekt, fag.
>>52558355
they're garbage don't do it man
>>52558891
>nobody:
>literally nobody:
>(you) GOYSLOP
forced meme

>>52555942
THIS

I am flabbergasted by the amount of butthurt caused your post. All these people taking your numbers literal without even questioning the part about
>plus tax and tip
The only good point that replied to you was >>52559045 about 0%-3% loans
They'll say whatever they can to discount your point and justify their CONSOOMerism
Never change Reddibiz

I bought a tacoma but I'm thinking about selling it. Put 20k miles on it in about a year. Think I could get like 80% of my money back?

>>52555710
why didnt just you wrote "i m poor" instead of your whole life story

>>52555710
Never buy new, simple as.

>>52559444
translate.....i m poor
BTW I like the other tips on your YT

>>52555942
kek and true and op is a fag

>>52555710
you can start small, I started with vinu, anyway you don't miss too much without having a car lmao

>>52555942
OP obliterated

>>52558155
I did it once and there was no such fee

>>52555710
>i want to trade appreciating assets for an depreciating asset
ngmi

>>52561757
>cash
>appreciating