Maybe a Gallardo?
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Joined: Oct 2008
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From: clearwater florida
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I guess thats the difference between
being able to afford ownership and being able to afford the car. Please understand that I'm not making judgments on anyone, but why in the world would you buy a car like this if you had to worry about babying it off the line for your tire and clutch wear. For me that would make the car pointless.
I am a pretty avg guy as far as exotic owners go. I most likely make a lot less money than most on this forum, but man I bought my car just knowing it would cost about 10k a year to run it and its something I'm comfortable with. If its something that has to be thought about a Porsche, M3, RS4, Corvette, are all much better choices that wont kill the bank.
I am a pretty avg guy as far as exotic owners go. I most likely make a lot less money than most on this forum, but man I bought my car just knowing it would cost about 10k a year to run it and its something I'm comfortable with. If its something that has to be thought about a Porsche, M3, RS4, Corvette, are all much better choices that wont kill the bank.
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Joined: Feb 2009
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From: Puget Sound
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250k debt.. yes I agree that is not a good starting point..
But being in the real estate, commodity trading/selling business.. I see people who have 2-3m dollar homes, 2-3 200k+ cars etc. etc. All with less liquid capital than this guy who has 160k right now at any given time..
I agree this is a problem, and a problem that our country has been dealing with for quite awhile.. but there are a TON of people like this in the country, leveraged FAR worse than this man is.. and still picking up exotic cars.. When business goes bad and they panic, they simply sell the cars..
and these are not 30 year old young men behaving like this this is 55+ year old people.. It's just the way some people live life..
Myself I am 33 and in the past few years bought 4 cars (ferrari, maserati, lotus, porsche) and I love them all, my finances in my opinion are in pretty decent condition.. However when I first started buying exotic cars I think I was making 60k a year and I 100% financed a car for 55k.. I remember thinking "I can make enough to pay for the car and live so i'll do it" well 5 years later I am making a lot more (god willing) and I pray to keep doing so.. and everything worked out.. but there is no question me at 27 was likely taking a risk making that purcahse.. but that is what keeps us all going isn't it?
I have seen too many people die young, and get sick young in life.. I think if a car makes you really happy and you somehow can rationalize it.. you should do it.. is it smart? ABSOLUTELY not.. but it sure makes you feel alive.. it does for me at least.. We only live once in this lifetime.. I suggest you do what you can to feel as alive as possible.. some of my favorite things in this world are cars.. every time I get into one of my cars I am happy, and excited.. I love just looking at them.. I have not regretted owning them or having that feeling.. even when it was a struggle to worry about affording them..
I am not advocating he do this.. and let me state again that it is NOT a wise decision.. but if you live your life worrying about the most wise decision you likely will not have much fun
But being in the real estate, commodity trading/selling business.. I see people who have 2-3m dollar homes, 2-3 200k+ cars etc. etc. All with less liquid capital than this guy who has 160k right now at any given time..
I agree this is a problem, and a problem that our country has been dealing with for quite awhile.. but there are a TON of people like this in the country, leveraged FAR worse than this man is.. and still picking up exotic cars.. When business goes bad and they panic, they simply sell the cars..
and these are not 30 year old young men behaving like this this is 55+ year old people.. It's just the way some people live life..
Myself I am 33 and in the past few years bought 4 cars (ferrari, maserati, lotus, porsche) and I love them all, my finances in my opinion are in pretty decent condition.. However when I first started buying exotic cars I think I was making 60k a year and I 100% financed a car for 55k.. I remember thinking "I can make enough to pay for the car and live so i'll do it" well 5 years later I am making a lot more (god willing) and I pray to keep doing so.. and everything worked out.. but there is no question me at 27 was likely taking a risk making that purcahse.. but that is what keeps us all going isn't it?
I have seen too many people die young, and get sick young in life.. I think if a car makes you really happy and you somehow can rationalize it.. you should do it.. is it smart? ABSOLUTELY not.. but it sure makes you feel alive.. it does for me at least.. We only live once in this lifetime.. I suggest you do what you can to feel as alive as possible.. some of my favorite things in this world are cars.. every time I get into one of my cars I am happy, and excited.. I love just looking at them.. I have not regretted owning them or having that feeling.. even when it was a struggle to worry about affording them..
I am not advocating he do this.. and let me state again that it is NOT a wise decision.. but if you live your life worrying about the most wise decision you likely will not have much fun
Very well put! Couldn't agree with you more.
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Joined: Feb 2010
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From: Illinois/UK
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finally got it guys - sorry it took me so long to reply back. thanks to everyone who helped me. in the end, I was a second away from getting a v8v, but decided against it, and went with this:
(hope the pictures work)
edit: sorry for crappy pictures, my camera sucks; but I did just take them after I gave her a full detail by myself. waxed with autoglym hd wax. the paint initially had some swirls, but nothing I didn't think I could correct myself.
(hope the pictures work)
edit: sorry for crappy pictures, my camera sucks; but I did just take them after I gave her a full detail by myself. waxed with autoglym hd wax. the paint initially had some swirls, but nothing I didn't think I could correct myself.
Last edited by Bulgari; Apr 12, 2010 at 05:43 PM.
Registered User
Joined: Jan 2009
Posts: 430
From: AZ
Rep Power: 35
finally got it guys - sorry it took me so long to reply back. thanks to everyone who helped me. in the end, I was a second away from getting a v8v, but decided against it, and went with this:
(hope the pictures work)
edit: sorry for crappy pictures, my camera sucks; but I did just take them after I gave her a full detail by myself. waxed with autoglym hd wax. the paint initially had some swirls, but nothing I didn't think I could correct myself.
(hope the pictures work)
edit: sorry for crappy pictures, my camera sucks; but I did just take them after I gave her a full detail by myself. waxed with autoglym hd wax. the paint initially had some swirls, but nothing I didn't think I could correct myself.
Registered User
Joined: Aug 2008
Posts: 76
From: Texas
Rep Power: 21
finally got it guys - sorry it took me so long to reply back. thanks to everyone who helped me. in the end, I was a second away from getting a v8v, but decided against it, and went with this:
(hope the pictures work)
edit: sorry for crappy pictures, my camera sucks; but I did just take them after I gave her a full detail by myself. waxed with autoglym hd wax. the paint initially had some swirls, but nothing I didn't think I could correct myself.
(hope the pictures work)
edit: sorry for crappy pictures, my camera sucks; but I did just take them after I gave her a full detail by myself. waxed with autoglym hd wax. the paint initially had some swirls, but nothing I didn't think I could correct myself.
Last edited by ON THE GRIND; Apr 19, 2010 at 10:55 AM.
