Depends on your situation. My year to date earnings in the market is 16%. My credit union finances new cars at 2%. If I run into an emergency I can pull money out of the market. If I buy that vehicle out-right its less money I have access to. I might be able to 'save' more money per month. But it might take years to recoup the price of an auto, especially if its expensive.




IMO the three types of people that should be buying cars outright are poor people, people with bad credit, or people that are rich as hell and the cost of the vehicle means nothing to them.


I think the middle class and/or people buying something that's like 10-15K+ should finance. But it also requires good credit.

Generally no, not at all. I make an exception for people who drive a “Maserati” Ghibli though. Judge the hell out of them.

I'm in the process of selling my semi-luxury car in order to get a cheap beater and pocket the money. Lol @ viewing a car as anything other than a scrap of medal to transport you point A/B. Only insecure *******s view it as a status symbol

Some people will say no but I believe subconsciously everyone gets judged by the way people dress/look/and the things people have or the cars they drive.

That doesn't mean that if you have an expensive car people will think you're successful because there will be some people who think you're balls deep into debt if you have an expensive car, especially at a young age.

Depends on age really and what they do.

I drive a beater rugged looking 01 ram and still get compliments on it but no reason to buy a newer vechile. Its a truck so its very practical and it runs fine. Loud but not too loud too. Forgot what cherrybomb muff i have on it.

if youre a try hard cubecel who makes 30k a year , lives at home so they can drive a mercedez than your a tryhard beta bitch.

If you plaster a bunch of bumper stickers all over then i assume youre a very flamboyant homosexual.

I drive a older 1/2 ton but its only got a 3-4” lift. Horrible at estimating and it had it when i bought it.

Do i fall in the first or second category? Like when you say lifted, you mean like a mall crawler lift right ? 6+ inches ?

hai bby

Bad idea to judge anyone by a car.
In my office most high earners drive reasonable cars but the lower staff seem to always spend on hot cars.

I swear in every car thread there's always some potato hurr durr financing cars is a poor decision, nice cars are a waste of money blah blah blah

its ok to want something nice for yourself if you can afford it, it doesnt make you an idiot or bad with money

brb shopping at the thrift store, only buying store brand food, driving a 1993 chevy beretta, using a nokia 3310 cheapest cell phone plan, never going out to eat or drink, living in a windowless basement apartment to save on rent, never having kids save money, no more dates either save that money, only entertainment will be free books from library and antenna tv

brb money saver masterrace now

lol yep, and brb dead at 53 from a heart attack with a bunch of money in the bank that will now go to the gov mint since you were too cheap to put together a will LOL

To get happy from a thing, you at least think of that thing, right?

When we are driving, what we think of? We think of direction. We look at traffic lights. We look at the cars around us. We actually spend very little time think of the car itself when we are in the car.

Therefore, I don't think people gain a lot of happiness from the car

A car does bring people some status symbol by certain degree. For example, a rich person probably will not buy a broke down car. They will probably take better care of the car since the car will be parked at the garage when not driving.

Maybe I am being practical, but I will not judge a person by what they drive.

Hard to judge people by their vehicles. I have a old truck that I plan on keeping until it’s no longer fit. Does everything I need and costs me virtually nothing to drive other then general maintenance. I could of bought a new rig when I looked last time but didn’t want to go 60,000 in debt

Haha I actually love borrowing free books from the library. Library has a large selection of books. It is like a fitting room when shopping for books.

What do chads drive on the weekdays?

I built an entire car around the idea of being judged by others.

My vehicle looks all original, sounds original, and is even apparently automatic.

But under the hood it packs 5L of V8 turbo. The rear is a 3.5:1 ratio 32-spline axle independent rear suspension and the car weight is 3000lbs.

expensive cars sometimes try to pick on poor college student. I have something for that now

truth

depends on who that someone is

i'm not going to laugh at 16 year old driving his moms mini van (i was that kid at one point too, we all were)

but if you're 30+ and still driving a 90s station wagon ... move on bro, time to get with the times, because that thing is not getting you laid.

also, on the opposite spectrum, i'm not THAT impressed with your lambo or corvette. The car looks cool, you don't. Big difference.

I must be bad with finances since I pay 2k/month for 2 financed cars

Speak for yourself *******

yolo brah

Only judge if they use for status symbol or can't afford what they drive.. just lol at burying yourself in a rapidly depreciating asset if you aren't balling out

When I got my first supercar I would frequently get up at 1-3 AM and just have to go for a drive. The feeling of something that powerful and that loud is indescribable.

These clips are from an event I attended last year. Its been 10 months and I still think about how much fun we had that day.

This post is ironic. I'd say you're not very good with money yourself if you think the best option is to pay off a car. With any decent credit, you can get a ~4% or less interest rate. The stock market historically returns about 8%+ on average.

Essentially if person A pays their car off in one lump sum, and person B takes a loan out with the minimum monthly payment, and invests the rest into the market, person B will hypothetically on average come out financially ahead of person A over a timeline.

You can't just insult some other guy if you don't know what you're talking about lol. I get what you were trying to get at though, there are so many people that finance cars they shouldn't. Also, I'm sure that Bezos and Zuckerberg both love fast nice cars like most guys, however they're extremely public figures and their companies performance and public perception rests partially on how they present themselves in public. So it's smarter for them to be somewhat more modest with cars, not because they're "trying to save money" those guys have so much money no car will have any impact on their finances whatsoever. It's public image. Ask yourself this, would you like Amazon more or less if you constantly saw Bezos driving around in a Bugatti throwing money out the window? Even though we know he has it, we'd subconsciously like them less and their legacy might take a hit if they act like that. It's more acceptable to buy epic houses than whip around the streets in some Lamborghini.

On top of that, people who buy those sorts of cars are generally buying it for two main reasons. One, we all love engineering and epic cars that go fast, and two, they're buying them as a status symbol to let people who don't know them that "Hey, I'm successful" etc. Well... the ultra famous ultra wealthy figures you mentioned don't need any sort of material status symbol. People know they're rich and powerful by the flood of cameras following them, their security, and their face alone. You can see Zuck in a 2001 Kia and you still know he's ultra powerful and rich. They don't have any inner need for the cars.

Anyway, onto insulting others acting like you know more than you do

edit: for the record I think I recognize your avi and know you as a good poster, agree with most things you say. If I'm remembering right.

I dont even have a car so no

No but if the car is dirty I judge

Honda ricer crew checking in

2.2L Mad tyt3 jDm vtekz yo

Yes. People judge no matter what. When I'm driving this women look at me and almost automatically trust me it seems.. I also drive a Kia Soul as my commuter car... I do not get the same looks I get when I'm in this. They smile, they acknowledge me, it almost builds a psychological rapport with them instantly. Mercedes.. The best or nothing. It's drilled into their brains.

Also, dudes like it (no homo).. hell everyone likes it.. Had the old lady in the car the other night with the windows rolled down.. younger girl pulls up and says "I LIKE YOUR CAR!" I said, thank you and we drove away from each other. But, I got my girl all riled up about me showing that girl the back seat and shiz.. twas funny.

Ohh.. and yes.. this is a 2008 with 90k miles. A personal friend of my dads is an incredible mechanic who hooks us up like no other if we need it.. It's a Benz so it doesn't need much.. Youtube can tell you anything about any car you can think of. I paid $14.5k cash. It's designo edition paint, sunset red leather, piano black trim. 1/4 mile in 13.7.

Own my home, no debt, don't waste money on drinking anymore.. so I said why not.. I've wanted it for seven years.. Now I have it. The world is yours boyos! Take it.

Was gassing up before hitting the car wash, the night before went out to a friends bday in the country.. got it up to 125.. "America is all about speed. Hot, nasty, badazz speed" -Eleanor Roosevelt

That's a ****ing awesome car. Some people might give you a hard time for driving a car that nice looking once they realize what you paid for it but personally I think that's smart. That specific model is one of the best looking sedans you can find anywhere, I'd actually love to have one one day. Badass car, and you have a mechanic, win win. Assuming you aren't over reaching, I think finding a deal like that is smart. I always look at those cars. Post a pic of the interior.

I got a car I like a lot also and honestly, it was worth it. Just for the feel of knowing you own something that you always wanted.

I drive a mid 00s POS tiny enconobox hatchback with 250k miles on it. It's covered in dents because other people don't respect my car apparently, none of the damage I caused. Feels kinda bad man, but I'm happy to have a reliable car. Such is the life of a timothy I suppose

Lol poverty as fck cuz.