i don't get it, what made this a financial..... (archive)

I don't get it, what made this a financial discussion. I believe the point of the original post was that the fellow was waiting for his car and wanted something to occupy his time that was entertaining or something. Instead you people talk about whether people can afford the vehicle and how much people have to lose. I think if someone is even going to consider this vehicle then they have to be in the higher echelon of society. If they aren't and they are hoping to buy this car anyway then they are quite frankly, financial idiots. No offense, but make the money then spend, don't do the typical american crap of spending money you don't have.

As for the topic which is at hand, that is trying to stay content till you get your car. Just try not to think about it, and if you can't help that, try to read up on all the negative stuff about the vehicle. For help on that, just ask NE1 their opinion of the cabriolet. Its a POS from what I hear.

keep repeating this mantra: "it's only 60 grand", "it's only 60 grand"...

but just dont think about the fact that the same $60k invested today at meager 8% interest rate will be worth about $90k in 5 years. lots more if you do better than 8% (not difficult). a 10% return will get you to $90k in 4 years...not hard to do with any highly rated fund.

otoh, that same m3 you buy today will be worth about $20k in the same 5-year period.

so if owning an m3 is worth pissing away $70,000 in cash over a 5 year period, i think it should be able to do your laundry and give you an occasional bj or something.

but just being the first guy to get to the next traffic light is not worth lighting a match to $70,000 in cash. there a plenty of cars out there that will eat m3's for lunch, and nobody cares that you can carry 3 other people to that next traffic light before anyone else catches up. if anything, your passengers are gunna be pretty pissed off at you, or start throwing up in your back seat, or both.

a lot of you guys should keep in mind that the vast majority of millionaires drive cars costing less than $25k. you don't get rich by pissing away money of losing propositions like overpriced GT cars, and there is a lot more to life than having the fastest car in the trailer park.

Follow Ups:

bored..btw check out this link regarding the cab ceb 01:10 2/12/2001 (0)

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