/biz/ - Business & Finance

>>53488975
Never buy a new vehicle it's always a waste of money even if you have 1 billion.

live worse than a medieval peasant for a longer period of time then gracelessly expire ending your bloodline forever

>>53488997
Lmao

>sleep out side your workplace for a short walk to commute and to save on gas

>>53488992
I was gonna buy a brand new, what year should I buy then ?

>>53489174
~10 year Corolla.

Even at a seven figure net I was too repulsed by the car market to buy those prices and let my worth crash to 100k kek

>>53489195
Absolutely based and bell curve pilled answer

>>53488992

True, but the point is when you got a $1 mil NW, if your car depreciates $20k in the first year you own it, you only lost 2% of your NW. It's a small piece of your world, unlike the dude making $50k who goes out who takes out a $50k loan, will pay the bank $65k after all the interest, and will only be able to sell the car for $25k five years from now. It's just a terrible deal, even more so when you're not paying in cash.

>>53489213
I sold my 2016 BMW M4 a few months ago for $25k, think they probably relisted it for $35k. Used the money to buy a bicycle, physical platinum and platinum mining equities. Want to buy a Toyota Mirai in a couple of years.

>>53488975
His shit is always funny to me because he tells people to work a lot of hours. The average peasant in the dark ages worked 10 hour weeks except for planting and harvesting time.

>>53489617

The average peasant also didn't have electricity, air conditioning, plumbing, internet, modern medicine, etc. I imagine I could probably live off 10 hours a week working minimum wage if I wanted to live in a shack off the grid and die of an infected tooth at 32. I'd rather work 40 hours a week and live a life of relative safety and comfort, seems like a fair trade to me.

>>53489672
Hey asshole, I've worked 60-70 hours for 25 years and I don't have much of anything to show for it. Fuck your society.

>>53488975
>Don't buy a new vehicle unless you have a $1,000,000 net worth
This but unironically cars cost way to much for poor people and they should not own one its the main reason the poor stay poor at least here in bugerland.

>>53490058

And please tell me how more gibs and government meddling in the market is going to help with inflation, not just make it worse like it always does. The reason shit got so expensive the last couple years is (government) lockdowns and supply chain interruptions over a cough, (government) stimulus checks and putting more money in consumers hands to chase fewer goods, (government) manipulation of interest rates making borrowing and buying large ticket items like cars and houses cheaper, etc.

And that was your choice anon. I'm not going to advocate 60-70 weeks unless it's for a relatively short period of time (say a year or two) while you're working toward a goal (getting out of debt, saving money for a downpayment, etc.). You do need to have some time to actually enjoy your money and the fruits of your work. If your job offers a shit work life balance, find one that provides a better balance.

>>53490108
the reason shit got so expensive is by design because they want you to slave away your entire life to support a society that hates you and wants your bloodline to end.

>>53490058
Kek loser

>>53490108
>OH WOW YOU DON'T LIKE IT AND THINK EVERYTHING ISN'T GREAT WOW YOU MUST WANT GIBS OR SOCIALISM HUH

Never buy a new luxury vehicle. There are plenty of benefits that outweigh the depreciation when buying new. For example, pre-paid maintenance (oil, tire rotations, etc), zero cost of repairs, warranty in case of anything going wrong.
As long as you buy Honda, Toyota, Ford or Nissan you won't be too bad after 3 years. Most people end up with positive equity at the 3 year mark if they finance. Just don't buy a shit brand or a luxury and you'll be fine.
t. Car Salesman

ps. Never buy Chevy or Korean. They depreciate quicker than milk left outside.

>>53490239
what do you think about Lexus, is it worth it? because Toyota and all that, but still being a luxury car.

>>53489533
If u have 1 million, you unironically shouldn't buy a new car... Always easy to spot the poor fags on here.

>>53488992
/broke retard

>>53489672
Actually, most peasants did not live off the grid, they lived in a close knit society where everyone would contribute and help each other in times of need.
Also, if you survived childhood and became an adult you would probably live into your 60s or possibly older.

>medieval period lasted 1000 years across multiple continents
>retards think they understand what the peasant lived through because they watched Braveheart

Embarrassing. The peasant quality of life varied wildly in time and place. While some did enjoy more freedom than modern people some endured centuries of war and oppression.

>>53488975
Actually good advice.

Nah I think I’ll buy a 90k f350 king ranch and write 100% off in the first year

>YOU WANT NEW WHEELS? TAKE THE SHOPPING CART YOU USED FOR RICE AND BEANS HOME FROM THE GROCERY STORE, IT'S FREE.

>>53489195
10 year old corollas are like 2k less than a brand new one. Never buying a new car is a cucked and outdated viewpoint from when money was real

>>53489533
>poorfags eat car market by taking shitload of loans they cant healthy pay
>prices of cars go up
>market artifically oversaturated
>it cost 2x+ more to buy car with straight cash
fuck off poorfag

>>53488975
Why does he make poorfags on /biz/ seethe so much?

>>53490108
No u

>>53488975
I guess I inadvertently followed this faggot's advice. I bought a new Tesla in 2021 a little after I reached $1 million net worth.

>>53490859
Lexus is definitely a good deal. They hold their value pretty well (not as well as actual Toyotas though), and for what you get it's a deal compared to BMW or Mercedes. They are also very reliable and share many parts with Toyota, which makes repairs relatively more affordable. Acura is good as well, don't do Infiniti, it's ass. Infiniti is as luxury as Gucci shirts that say Gucci is high fashion. Like I said earlier, if you pay your car on time and don't drive crazy miles you should have a decent amount of positive equity by year 3, or if you're one of those "I'll drive it 'till the wheels fall off" fags then you don't even have to worry about it.

I definitely recommend this, dealership pro-tip. Negotiate the fuck out of your total amount. Try your hardest to not have a market adjustment and tell them you will finance with them if they give you X price. For example, car is 36,000. Tell them you want it for 33,000 and you'll finance with them if you can get that total amount, otherwise I'll get it at 36k but I'm financing with cum slinger credit union. They'll fuck you up the ass with the rate, but that's OK because 2 months from now you will go to your local credit union and you'll refinance for a 3-8% lower interest rate. You'll get your discount and a lower rate, and the dealer gets to go fuck themselves.

>>53492297
>30k for a car
Last car I bought was like 7 years ago for 5.5k. Toyota coroller

>>53490058
mcdonalds has signs in their window that they're hiring for 12.50/hour and a big mac costs 4.59

>>53491553
why the fuck do people defend the bottom 50% of this country?

half this country is non-white morons

>>53488975
If car loses 1000s in value the second you drive it off the lot why would you ever buy new?

>>53490058
I get the point of the post but it's kind of
>"oh America!"
that the item of food selected to comparatively value the US dollar is a big mac. Besides their regular cheese burgers are fine. I don't get the big mac hype.

>>53488975
I don't exactly disagree. I'm at $400k right now and don't plan to sell my 2011 Nissan Altima any time soon.

>>53489174
Go on marketplace and spend $4k on a Honda I love 2004-07 crv or 00-07 civics or accords

>>53492749
They don't anymore.

>>53489174
>>53489195
As someone who drove a 15 year old Toyota, 2-3 years is the sweet spot for value, technology, repair cost, and longevity.

>>53492900
Forgot chart

>hydrate yourself from the trashcan

>>53489174
Only coping poorfags would suggest buying anything 10 years or older. These fucking idiots assume that a cars only function is to move you from point A to B. There are qualitative traits such as enjoyment, societal stigma, and lack of stress from knowing it's on a warranty and it likely will not break down new. There's even quantitative qualities like a massive increase in safety due to crumple zone technology and decreased emissions. So, if you want to be pushed around by the poorfag way of thinking then only measure a cars value by its price tag. But of course, poorfags love their sour grapes.

>>53494548
10 years old isn't bad. the corporate controller at my last job made probably $300k a year and drove a 10 year old bright blue toyota corolla. unless you work in sales and are driving clients around, or are in some gay ass professional services firm, no one really cares about your car. if you enjoy driving you're probably low IQ. it's the worst activity expected of us, even worse than waging itself.

>>53488975
Never eat out unless you want to be obese and poor. Remember to only eat rice and beans. Chicken on sale sometimes. You can enroll in our financial peace university where you will learn all about finances and having your money work for you.

>>53488975
Uhh yeah, i just steal them.

>>53494786
Wow, I'm actually impressed. You actually managed to make a post with zero substance, filled with nothing but heuristic biases with baseless assumptions.

>>53494902
tell me about your car payment and how much you love going vroom vroom in gridlocked traffic

>>53494548
Even if your a poorfag it's not worth it, over 10 years old and the car is bound to have problems. Had a 2000 Subaru outback and when shit broke on it I had to source parts myself from the wreckers. The engine light on it came on and not a single auto electrician in my shitty country town could fix it. Less than 10 years old and they still produce the parts, it has low mileage and you can walk into the mechanic and let them replace/install the part for you. If you have a car as a poorfag it's an occupational expense anyway even if it's just convenience in terms of commute so it makes no sense to buy a shit box that you need to spend a disproportionate amount of time fixing up yourself.

>>53494957
KEK

>>53494786
maybe

>>53494968
Not all wrong

>>53494548
>16 year old girl hands typed this post

>>53490239
Not sure about Nissan, was looking at getting an Armada because I am tall and need something like a suv or truck - went into the Nissan groups and many people with 2022 models are having to get buy backs already because of problems.

>>53496585
I sell Toyotas, so I don't really know much about Nissan other than they're the worst of the Jap in manufacturers. Makes sense that they'd have buy backs lol. But the Nissans that work are reasonably reliable. I'd buy certified pre-owned if I were you. Gets same (sometimes better) warranties as new cars

>>53490058
>It’s society’s fault not my shitty job where I had to work 60-70 hours a week to make ends meet and never invested any money
Go fuck yourself lol
You were a cuck for 25 years

>>53497345
What’s it like selling cars, specifically at Toyota?

>>53496585
Nissans are fine if you can get one without a CVT.

>>53488975
He's not wrong. The vehicular jew is easily the number one factor holding the goyslaves down

>>53497669
It's pretty fun, I definitely recommend it to anyone that wants to get into sales but don't know how to get their feet wet. You get to learn a lot of sales skills from people around you but there is very little formal training. It's very sink or swim, you either make it or you don't. It's a great job if you wanna make 80k+ year one with zero training or schooling. Our top guy at our store is some Brazilian, uneducated immigrant that sells $400,000 a month and takes 50k+ take home, after taxes every month. Pretty wild, I'm still reasonably new at this so I make more like 6k a month (after taxes), but at least I rank in the top 5 of the sales people here.

Only downside to selling Toyotas is that you're selling Toyotas. Toyotas attract the type of crowd that has terrible credit, or is like most of the fags in here will debate scream at you over pennies. I've lost deals because these idiots wanted a win ($300 discount on a financed car) more than they wanted the car they need.

Also, fuck Indians. Hate them with a passion. I hated them before, but now it's personal. Holy fuck they don't know how to negotiate. They think negotiating is asking for a 75% discount.

>>53497996
>Also, fuck Indians. Hate them with a passion. I hated them before, but now it's personal. Holy fuck they don't know how to negotiate. They think negotiating is asking for a 75% discount.
I hear this a lot. The fact you deal with Brazilians and Indians makes me think you’re in Mass.
What are the hours like? I’m kind of sick of my job and I make $80k. I’ve gotten to the point where I really don’t give a fuck and if I get fired for some reason I told myself I’d go work at a Toyota dealership because I wouldn’t feel bad about selling people Toyota’s since I recommend them anyway.

>>53498192
Lmao, how the fuck did you guess that, yes, I work in Mass.
Also, I think I jinxed it with the last post. Immediately after hitting send I get the stinkiest fucking Urdu Hurdu couple I've ever smelled.

My hours are 9-11hrs a day, 9am to 8pm, some days I leave early (as early as 3pm sometimes, but I stay longer so I can sell more). But they're EASY hours. I used to work 10 hours at a factory and it's nothing like it. Very chill, very relaxed. 1hr lunches (sometimes more because it takes extra time to get served at some restaurants). I you have to work one weekend day though (you'll want to, you can sell 2+ cars on Saturdays). In MA there was a lawsuit that made all dealers be closed on Sunday, don't know how it'd be on your state.

But yeah, I recommend you get a car sales job ASAP if it's what you want to do. It's still slow/bad right now but spring and summer is coming, great time to be in car sales. You want to get your reps in now while it's slow so when summer comes you'll have enough training and experience to close 10+ cars. With 10 cars you can take home 6k a month, and that's not even doing great, that's one car every 2 days or so. You can easily sell one car every other day, or one a day, and if you're smart and slick enough you can move used car customers into new cars and make even more commissions.

So yeah, good luck m8, if you're from MA I recommend Bernardi Toyota to start, they don't have a great pay plan, but they take anyone with no experience and their pay plan gives you protection in case you don't sell anything. You'll get LOTS of reps there too. Good luck m8

>>53499576
I’m in mass too which is how I could tell you were.
You don’t work with a black guy who’s last name is Chandler do you?
I work with some girl who told me her dad is a manger at a Toyota that’s why.
Anyway I appreciate you taking the time to write all that up man, thanks and sorry about the Indians

>>53499784
No, I don't know him, that'd be even more creepy if you did, I work at one of the central Mass dealerships.

Get in touch with the girl's dad, tell him you've always wanted to work sales, bla bla bla, lick his boots and get the job. Hardest part is getting your foot in the door, after that the managerial team is incredibly supportive because the more you sell, the more money they make (they make commissions off total floor sales.)

Also, the stinky Indians didn't buy. Fuck 'em. Onto the next.

>>53490956
Or they’d kill each other in mindless feuds, or be drafted as soldiers to die in meaningless wars.
God forbid you didn’t like your lot in life, there was no options to change or leave or not conform. Hope you like the exact version of the religion of the land.
I cannot believe some fag is arguing peasants had it better than a middle class person today

>>53494548
>societal stigma
Stopped reading. You weak beta. Drive what you want and makes sense for you. Fancy and new because it’s fun, great. Gotta be a truck because you like trucks? Cool. 15 year old because the price works and you’re comfortable with the car. Good.
But to do it for social pressure is literally being a beta consoooooooomer loser

>>53490058
>>53490058
I just bought a big mac yesterday for 5.39,

> first of all you're being a faggot because you can't use city prices to compare country wages.
>there's no mcdonalds in the US where the bigmac is $8 and the minimum wage is 7.25

>>53494786
>if you enjoy driving you're probably low IQ
lmao
bet you can't even drive manual either

I hate that asshole with a passion. He's gone from teaching people to get out of debt, which to be fair many people can do, to now he bitches about "lazy men destroying muh economies".

Yeah its not the cheap foreign labour, illegals, manipulated currencies or ultra rich boomers than wont reinvest any of their money into the job market its just "young people". Who incidently happen to be the entire workforce this goober relies on for water, power and keeping his iphone running. Ramseys a god damn hipocrite at best and an utter fraud at worst.