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/biz/ - Business & Finance


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10433157 No.10433157 [Reply] [Original]

>that guy who spends 40% of his new fortune on a sports car

>> No.10433189

Real rich people either drive hypercars, or volvos.

>> No.10433215

>>10433157
hes looks indian/pakistani, funny, i live next to area full of them and its funny how alot of them drive £40k+ cars but still live at home with there parents

>> No.10433217
File: 557 KB, 1600x1067, michael-fuxx-green-mclaren-p1.jpg [View same] [iqdb] [saucenao] [google]
10433217

>>10433189
I'll never be hypercar rich but this is something I'd drive

>> No.10433321

>>10433157
> that guy who's rich but doesn't spend anything.

>> No.10433526

>>10433215
>he doesn’t have a good relationship with his family and gives away a big chunk of his income to his landlord

If they were all buying houses on every block , driving up housing prices, you’d bitch about that more

>> No.10433695

>>10433157
agreed. my car will only ever be about 1 percent of my net worth max and never over 70K for any reason. i like nice cars but this is not the time to buy them. invest that money. i got rid of my car just to put more money into crypto.

>> No.10433924

What kind of net worth do you have to have to justify buying a 50k car /biz/?

>> No.10433952

>>10433924
I would have to have at least $1 million, otherwise that's a huge waste. You can get a car that'll last for years for 10k.

>> No.10434147

>>10433924
I would say minimum 150k salary or 1 million+ net worth not counting equity in your primary residence.

Just buy used. Same car you want that is 3-5 years old will already have depreciated 30-50%

>> No.10434166

>>10433924
1 mill if you're retarded and like wasting money, 2 mill if you're not retarded and like wasting money

>> No.10434198

>>10433157
>that guy on /biz/ who successfully cashed out at the top of the bubble in Dec/Jan and spent most of his gains on a new mac
He still even posts here occasionally to brag about it

>> No.10434219

>>10434198
Although I wouldn't call that "rich" but you get the point.

>> No.10434230

>not buying a used Honda Si 1.5T
>not wanting 38 miles to the gallon
>not wanting a fun smooth quick car
>not wanting all the amenities you would need
>for only 25k brand new 200+hp

>> No.10434238

>>10433157
Luxury goods is a trap to keep plebs out of higher finance.

>> No.10434242
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10434242

>>10434230
>Honda Si

>> No.10434252

>>10433157
if 40 percent of your "fortune" can only buy you a sports car you are broke.

>> No.10434265

>not buying limited edition classics on the bottom of their depreciation curve for huge gains in the future

there are multiple ways of making it bruh

>> No.10434278

>>10433695
this, cars are money pits. funny to see normies go into debt to obtain a depreciating asset. I have enough cash to get something new off the lot but am looking for a 2k shitbox because it's just a utility tbqh

>> No.10434316

>>10434166
do you pay cash or finance it
I've been having this debate with my dad I say pay it off in cash so you don't need to think about it

>> No.10434323

>>10434278
also, what does /biz/ drive?

>> No.10434356

>>10434323
10+ year old Toyota

>> No.10434358

>>10434323
I have 1.5m and drive a 2012 ford escape

>> No.10434390

>>10434323
2007 Honda Civic

>> No.10434416

We toyota now

>> No.10434465
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10434465

>>10434323

>> No.10434677

>>10434323
2001 toyota corolla

>> No.10434679

>>10433189
Why Volvo?

>> No.10434683

>>10433189
jews mostly drive volkswagen golf

>> No.10434785

>>10434230
The ultimate INTP car

>> No.10434956

>>10433189
rich people don't drive you faggot

>> No.10435448

>>10433217
>I'll never be hypercar rich
low test

>> No.10435519

>>10434265
>huge gains
Increasing the value 30-50% over the course of a decade isn’t huge gains

>> No.10435533

>>10433157
Most exotic cars appreciate in value after the initial value drop. Anyone can confirm this by looking up the difference in price between a 10 year old GTR with 100,000 miles and a 10 year old 350z with 100,000 miles

>> No.10435561

>>10435533
100,000 mile ferrari = 80 grand
100,000 mile mercedes c class = 8 grand

>> No.10435564

>>10435533
garage queen low mileage collectables
and even then it barely outpaces the markets but atleast you have a cool car

>> No.10435589

>>10435564
>garage queen low mileage collectables
no
>barely outpaces the markets
the vast majority of car values exponentially deteriorate

>> No.10435610

>>10435589
you need to get really lucky and most of those cars are like 8-20 years old and aren't as cool as the 2018 models

>> No.10435640
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10435640

>>10434323
Unironically

And I have 8 cars total

>> No.10435675

>>10435610
>you need to get really lucky
you just have to have the initial investment
>aren't as cool as the 2018 models
You can pay an extra 40% that will be completely pissed away in > 5 years if you want. That's certainly an option. That's not how investors spend their money, though

>> No.10435887

>>10433189
actually most millionaires drive a prius

>> No.10435935

>>10434323
toyota yaris

>> No.10435938

>>10434323
2010 Falcon G6E Turbo.

>> No.10435995

>>10433189
this

As soon as I make it I will lease a Volvo s90

>> No.10436023

>>10434323
your mom

>> No.10436048

sporty cars are really fun to drive. my friend let me use his mercedes e550 for a month while he was away and putting it in sport mode and accelerating was really fun. i don't think i could ever drop that much money on a car myself, but i can definitely see why people buy sports cars

what's the alternative tho? to just keep hoarding money? if you got a couple million you may as well dump a little bit of cash into something fun

>> No.10436080

>>10435448
Nice projection, cuck

>> No.10436088

>>10436048
>to just keep hoarding money?
you will never make it

>> No.10436115

>>10436088
naw i didn't mean cash necessarily. to keep increasing your net worth is what i should have typed

>> No.10436170

>>10434316
if there's no interest then its always better to finance. you should always be thinking about your money, anon.

>> No.10436381

>>10435519
Yeah, the goal is to get all the money and rule the world.

>> No.10436418

>>10436115
people who don't obsessively hoard money will never make it

>> No.10436443
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10436443

>>10434358

>> No.10436953

>>10434230
>friends have sportcars
>get jealous
>then realize they have 15mpg to my 35mpg
lol

>> No.10436957

>>10436418
what's the point if you're not enjoying any of it?

>> No.10437025

>>10436953
My car gets 13-14 L/100km and makes 270 kW. Fuel really isn't as expensive as people think.

>> No.10437105

>>10436957
It's fun seeing the number go up

>> No.10437119

10% of your fortune is the maximum you should spend on a car
30% of your fortune is the maximum you should spend on a house

>> No.10437126

>>10436957
every once in awhile some guy will die and leave like a million or two to some local library or shelter or school and itll turn out the guy was just living in some trailer, buying food in bulk and not spending any of his money. some odd ppl out there

>> No.10437134

>>10433189
Volvo is a Chinese brand now.

>> No.10437146

>>10434323
2001 Subaru Outback H6

>> No.10437222
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10437222

>>10437119
If I ever get to 1 million euros in crypto I will buy one of these

>> No.10437427

>>10436381
Way to move the goalposts faggot
If you’re looking for big gains, collecting automobiles is one of the worst ways to do that. You’re looking at a timeframe of 5-15 years and at best you’ll double your investment

>> No.10437449

>>10437222
brainlet decision imo. those 2 cars serve the same purpose. get one sports car + one car with some practicality. like that porche and a g wagon or something if you actually need to go up mountains/grocery shopping/etc

>> No.10437460

>>10437427
Kek. Looking back it seems I quoted the wrong person. But holy shit chill out, it was a fun post.

>> No.10437481

>>10437119
Don't agree with the second part. Going by that logic 95%+ of people living in some expensive cities should be rentcucking.

>> No.10437713

>>10437481
and thats what most people living in big cities do xD

>> No.10437866

>>10434323

The bus

>> No.10437901

>>10434323
'06 E-350

It's comfy

>> No.10437921

>>10434198
Funnily enough buying a Mac with crypto gains is more than 90% of this board can say for themselves

>> No.10437945

>>10434323
1991 Volkswagen GTI
2.0L DOHC
Over 300k miles and the fucker still goes. I don't get it.

>> No.10437961
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10437961

>>10437945
cars back then were built to last

>> No.10437997
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10437997

>>10433157
Ausfag with the m235i here.

I spent 25% of my crypto gains on the car, yeah not the smartest financial desision i know. But getting to enjoy a nice car when you are 20 years old is pretty awesome.

>> No.10438178

>>10437997
You only live once...and that was free money. Fuck, man...enjoy it. The golden bull run comes in Nov anyway.

>> No.10438211

>>10438178
>The golden bull run comes in Nov anyway.

I hope so. I plan to use ETH to buy a benz or something during the top and leave some salesman holding by bags kek

>> No.10438307

>>10438211
hahaha lucky you I only plan to buy a nice 4k tv (dont have any at home only a 4k monitor :P) unless is the most massive bullrun ever and we all get to be milionaries

>> No.10438315

>>10436443
no wife no kids and I'm a shekelberg still
If the golden bull really does come I'll feel like I've made the right decision

>> No.10438321

>>10438178
I certainly do enjoy it

>>10438211
>benz
women's car, lurk /o/ and get something you will enjoy driving for yourself, dont fall for the luxury show off meme.

>> No.10438357

>>10433157
Buying Brand Name clothes instead of just buying comfy turtle necks.

>> No.10438383

>>10438321
Luxury is good, but focus on comfort rather than gimmicks.

My car is just as comfortable and feels just as luxurious as any C-class, but it's far simpler and more durable.

>> No.10438446

>>10437713
Right, but the vast majority of peope who buy a an apartment for $600k don't have a $2MM net worth. Not even close. I have a $700k net worth and I'm looking to buy a $500k apartment in an expensive city in northern Europe. I'll pay $200k up front and get a <1% mortgage for the rest of it. Almost everyone I know who owns an apartment/house has a much higher leverage ratio than that. If you can afford to take on some risk I think it can be a very reasonable decision to use real estate to leverage your investments while rates are low.

>> No.10438456
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10438456

>>10434323

>> No.10438517

>>10437997
Nice I have the M4, great cars

>> No.10438532

>>10434323
v6 muscle car

>> No.10438545

>>10438456
Christopher M, get off 4chan and get some rogaine

>> No.10438547

>>10438517
M4 seats look really cool, are they comfy?

>> No.10438588

>>10433217
damn nice color

>> No.10438599

>>10435640
Is that a Lada?

>> No.10438605

>>10437222
zoom zoom

>> No.10438613

>>10438599
lada niva probably

>> No.10438620

>>10438456
All these BM fags blowing money on cars while they live in an apartment.

>> No.10438632

>>10433157
hire people to tell them what to do with their money

>> No.10438664

>>10438547
Yes very comfy, world of difference between the base 4 series

>> No.10438687

>>10438545
Lol wrong person bud

>> No.10438692

>>10434323
2002 Hyundai Getz

>> No.10438703

>>10438687
is that why you replied?

>> No.10438841

>>10436957
What is enjoyable about throwing large amounts of money away on a motor vehicle? Comfort barely goes up at all with price, the packed in features are fucking pointless, all you are paying for is a worthless fucking image, it is literally fucking retarded.

>> No.10438854

>>10438841
>drive car every day
>spend significant amount of time in this thing
>want it to not be a shit box
what's so hard to understand?

>> No.10438861

>>10433189
Does my 1989 240 count?

>> No.10438865

>>10438854
where do you go everyday?

>> No.10438876

>>10438532
>v6
>muscle
Pick one

>> No.10438914
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10438914

>>10438865

>> No.10438934

>>10438854
>cheap cars are shit boxes

$10 000 buys the same comfort and reliability as $100 000, the extra money buys nothing more than pissweak muh feelings

>> No.10438996

>>10438841
>Image
Cheaper cars often have a better image associated with them too. People comment on my car quite often and seem to think it's far faster or more expensive than it is, but any boring old BMW goes completely unnoticed.

It's not a linear thing either. Get an SW20 MR2 for a few grand, clean it up nicely and you'll turn heads everywhere you go.

>> No.10439052

>>10438996
Australian detected.

>> No.10439053
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10439053

the patrician's choice

>> No.10439097
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10439097

>>10439053
thats gay

>> No.10439145

>>10438703
No it’s because you replied to my post

>> No.10439232

>>10438934
Some people enjoy cars, there is a big difference to a car enthusiast in a 10k car and 100k car. But you are correct that buying for image is retarded.

>> No.10439341

>>10439232
I really enjoy cars anon, enough to know that a little bit of money goes an ample distance.

>> No.10439623

>>10439053
Damn nice egg

>> No.10439779

>>10439097
lmao are you 14? that manchild car looks fucking retarded. have some class

>> No.10439797

>>10433157
You're misunderstanding the pic anon, he bought it BECAUSE he can.

>> No.10440309
File: 204 KB, 940x848, 2018-07-27 05_49_18.jpg [View same] [iqdb] [saucenao] [google]
10440309

Am I the only one that would chose a nice Kawasaki Z750R over any car any time? When I make it that will be a luxury I will get myself. Much cheaper

>> No.10440370

>>10434323
2007 Skoda Octavia

>> No.10440384

>>10439052
I thought that was obvious, but it looks like my ID changed. I drive a G6E Turbo, and you bet that people will notice it more than a shitty 5 Series sitting next to it.

>> No.10440395

>>10434323
2008 VW rabbit. It has a breathalyzer in it (legal reasons) and I haven't gotten an oil change in a long time.

>> No.10440502

R Rich drive junk.

>> No.10440547

>>10440395
scum

>> No.10440581

>>10440309
how tall do you have to be to ride a bike?

t. 5'7 manlet

>> No.10440705

>>10440581
You'll be fine.

Check this out if you're worried about a specific bike.
http://cycle-ergo.com

>> No.10440713

>>10434956
This.

>> No.10440725

>>10433157
*depreciating asset

>> No.10441074

>>10433157
You can reinvest or buy something nicer for where you spend most of your time.
I don't see the problem of buying a good, comfortable and expensive car (like a S6) if you spend most of your time on the road. Supercars are almost always retarded though unless you actually drive them which most people don't especially around circuits.

>> No.10441212

>>10433189
>volvos

Mid-tier brand. It's for middle class people who think they're rich.

>> No.10441367

>>10438599
'72 Honda 600 on a modified suzuki chassis

>> No.10441407

>>10438865
yuropoor GTFO

>> No.10441495

real rich people drive golf gti's, the best car ever manufactured

>> No.10441517

E30 m3 and an old 911 is this stinkers choice. The shear joy everytime you gaze at these beautiful machines is priceless.

>> No.10442677

>>10438865
To work you fucking retard

>> No.10442870

>>10434323
1992 Audi 80

I have to order parts from Egypt and African countries.

>> No.10442886

>>10434323

A 2001 Hyundai Accent. It's an absolute shitbox, bought it for $1500 AUD a few years back. I work at a place with about 100 employees and I was told my car was the worst one of the lot and I agree. I've got dents all over it, paint peeling off, rust, the car is messy and dirty and looks like a fucking eyesore, the drive train creaks, the tires are all mismatched and I've had to get it repaired a number of times and I can barely pass rego each year.

I have 43k Link. I will keep the car after the singularity unless the drivetrain totally gives out. In that case I will probably buy another 2k shitbox car.

>> No.10442889

>>10434323
2014 Ford Kuga

>> No.10442908

>>10442886
That Link will rid you of your shitbox

>> No.10442923
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10442923

>>10434356
tfw i think this is a secret codewort for holding link

>> No.10442957

>>10442886
My nigga

I used to have a 2002 Accent 1.6l in red that turned to a pinkish color. It was the biggest shitbox of them all and I still took it 7000km all over Scandinavia one summer and the only problem it had was when a cat ran into my car and destroyed the altinator.

>> No.10442966

30% on food, repair, more worthless crap.

And then 45% on taxes.
Oh wait, he does not have 45% left.
Thanks for playing.

Typical retard that got lucky.

>> No.10442967

>>10434323
2017 passat. On a 3-year lease, thinking of getting a mazda 6 next year.

>> No.10442984
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10442984

What's a car that's easy to do maintenance yourself on? Must have cheap parts and be easy to fix.
Volvo 240?