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re: $100K to spend on 2 cars. Go.
Posted on 7/7/15 at 3:10 pm to 911Moto
Posted on 7/7/15 at 3:10 pm to 911Moto
quote:
I'm teaching my kid that busting your arse in everything you do is the path to success and you get rewarded for it.
I agree with your sentiment, but I'd let him get his driving kinks out in a beater for a year or two then send him to college with something nice.
Posted on 7/7/15 at 3:11 pm to TigerHam85
quote:
I can walk out the door for under 60k.
for 60k they better let you drive out
Posted on 7/7/15 at 3:12 pm to TigerHam85
quote:
It's very easy to get away spending half that on two great vehicles though.
Not new. But of course you can get all sorts of nice cars for much cheaper on the pre-owned side.
quote:
I personally will never spend more than 50k on one vehicle.
Nothing wrong with that,
quote:
I'm currently looking to buy two vehicles and exactly what I want, new, I can walk out the door for under 60k.
Well, you clearly don't want two loaded out full size SUVs
Posted on 7/7/15 at 3:12 pm to 911Moto
Best choice among slightly used Camry's - budget $20k.
Well equipped new Toyota Tacoma - budget ~$30k.
Plus $50k in my pocket.
What do I win?
Well equipped new Toyota Tacoma - budget ~$30k.
Plus $50k in my pocket.
What do I win?
Posted on 7/7/15 at 3:13 pm to mikelbr
quote:
Doesn't seem like you get that being able to spend $50k on a vehicle IS BRAGGING.
OMG I have a job. Go me. Car dealers will loan to almost anyone.
Posted on 7/7/15 at 3:13 pm to Ace Midnight
quote:
Best choice among slightly used Camry's - budget $20k.
Well equipped new Toyota Tacoma - budget ~$30k.
Plus $50k in my pocket.
What do I win?
The boring award for choices OP is obviously never going to be interested in
Posted on 7/7/15 at 3:14 pm to djangochained
quote:
Did your son ever frick the neighbor?
I was waiting on this one.
Posted on 7/7/15 at 3:14 pm to 911Moto
quote:
Kid's car will also be used by me on occasion, possibly an occasional track day, so it needs to be sporty and fast (I will use a GPS monitoring system to keep the kid in check, but he's also as trustworthy a kid you'll ever find). Kid will be 16 at the time I purchase.
Its a tricky situation, could be a burden as well. The one good thing about the mustang is you cant pack a shite ton of kids in there. I like the idea of kids only being able to fit 2 or 3 total in the car.
A 2 door hot rod truck might be a good idea as well(if you need the fast aspect) at least you get a big body vehicle for safety
Posted on 7/7/15 at 3:14 pm to 911Moto
quote:
transformed himself from a chubby little bookworm into one of the top martial artists in the country in his age group. He was making $300/day teaching seminars and $50/hr. for private lessons at age 14
Posted on 7/7/15 at 3:16 pm to NYCAuburn
quote:
The one good thing about the mustang is you cant pack a shite ton of kids in there.
Freshman year of college me diaagrees I had 10 people in mine once. We didn't go very far, but it did happen.
Posted on 7/7/15 at 3:16 pm to LNCHBOX
quote:
The boring award for choices OP is obviously never going to be interested in
Anyone not interested in $50k American - can send their surplus cash to me.
Cars, almost without exception, are wealth sinkholes. Purchasing cars that are "sporty" or "fun" may be appropriate at various times of life and under certain circumstances (like a sporty car on the California coast, or a fun car in Hawaii) - but the man needs basic transportation. Basic reliable transportation - a woman is driving 1 vehicle and a kid the other.
If you can't get into all the trouble you want in a Toyota Camry or a Toyota Tacoma, you're not trying hard enough or have an underdeveloped sense of imagination and adventure.
(And are a classic example of "a fool and his money are soon parted.")
Posted on 7/7/15 at 3:16 pm to WG_Dawg
quote:
But my point is, that no matter how wonderful you think your kid is, if you give him a sports car, he IS going to speed. He WILL drive fast. There is absolutely nothing you can do to stop it. Just know that.
Actually, there is something you can do to stop it. They did not have GPS monitoring systems back in the day. There are many on the market now. He speeds, he loses the car. It's that simple.
Posted on 7/7/15 at 3:17 pm to Deactived
quote:
are you really going to spend 100k on cars based on advice you receive on here?
No. It's a brag post.
Too bad for him he has also mentioned several times he has like $60K in CC debt without anything in the bank and lives on disability so no one will be impressed by a $40K millionaire.
Posted on 7/7/15 at 3:17 pm to 911Moto
quote:
Actually, there is something you can do to stop it. They did not have GPS monitoring systems back in the day. There are many on the market now. He speeds, he loses the car. It's that simple.
Good luck with that.
Posted on 7/7/15 at 3:17 pm to LNCHBOX
quote:
Freshman year of college me diaagrees I had 10 people in mine once. We didn't go very far, but it did happen.
now just imagine if you had a four door camary
Posted on 7/7/15 at 3:17 pm to 911Moto
$80k everyday car
$20k play car
$20k play car
Posted on 7/7/15 at 3:17 pm to NYCAuburn
quote:
now just imagine if you had a four door camary
My 4Runner in highschool moved a few people
Posted on 7/7/15 at 3:18 pm to stout
quote:
No. It's a brag post.
Too bad for him he has also mentioned several times he has like $60K in CC debt without anything in the bank and lives on disability so no one will be impressed by a $40K millionaire.
Boom?
Posted on 7/7/15 at 3:18 pm to 911Moto
quote:
My kid has worked his arse off, in school and out. He has over a 4.4 GPA with 4 honors classes in his first year of high school, and he tests in the 98-99th percentile. He has also transformed himself from a chubby little bookworm into one of the top martial artists in the country in his age group. He was making $300/day teaching seminars and $50/hr. for private lessons at age 14 because he put in the work to reach that point. He wants to study Mechanical Engineering at LSU. I'm teaching my kid that busting your arse in everything you do is the path to success and you get rewarded for it.
That's all great. Now go buy him a '68 Mustang that needs work and let him spend his $300 a day fixing it up. He will thank you later in life.
Posted on 7/7/15 at 3:20 pm to LNCHBOX
quote:
LNCHBOX
Everybody's brains work different, different people have different priorities when it comes to money. Me personally, I've just always found it ridiculous to spend that much on a vehicle. I've never had a car loan in my life. I'm on my 4th vehicle, and each one (aside from the bday present at 16) I've paid cash for. I'm not criticizing you, or anyone else, that wants to spend $50K+ on a vehicle. I just don't understand that mindset.
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