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Why do people tie up huge chunks of income in expensive vehicles?

Posted on 11/17/17 at 11:11 am
Posted by celltech1981
Member since Jul 2014
8139 posts
Posted on 11/17/17 at 11:11 am
I see it all the time. Folks fresh out of college with a reliable vehicle trade it in for a $40,000 truck when they don't fish, hunt, or haul anything. They then want you to feel sorry for them when they complain about not having any money. If they didn't have a $600 note and higher insurance rate per month maybe life wouldn't be so tough.

Is it ignorance or do they know they will be struggling yet want to look like they are worth more money than they are?

In b4 truck nuts. It isn't just the oilfield/plant baws that do this.

If reliability isn't a concern it would be pretty cheap to buy a $1000 dollar car off of craigslist, if it lasts a year that is 83 bucks a month. Just replace it when it breaks. Women love a man who shows how financially responsible he is, right? RIGHT?
Posted by Halftrack
The Wild Blue Yonder
Member since Apr 2015
2763 posts
Posted on 11/17/17 at 11:12 am to
Because they are stupid; they finance it; or they are rich.
Posted by tke857
Member since Jan 2012
12195 posts
Posted on 11/17/17 at 11:13 am to
quote:

Women love a man who shows how financially responsible he is, right? RIGHT?



not if it comes with the expense of buying a 1k car off of craigslist. you have much to learn young padawan.
Posted by Croacka
Denham Springs
Member since Dec 2008
61442 posts
Posted on 11/17/17 at 11:13 am to
quote:

If reliability isn't a concern it would be pretty cheap to buy a $1000 dollar car off of craigslist


When is reliability not a concern?
Posted by 50_Tiger
Dallas TX
Member since Jan 2016
40346 posts
Posted on 11/17/17 at 11:14 am to
No bitches getting in a hoop dee baw.
Posted by Gaston
Dirty Coast
Member since Aug 2008
39195 posts
Posted on 11/17/17 at 11:14 am to
We have one nice, reliable vehicle and then one for me. Don't want your wife and kid in a junker.
Posted by The Mick
Member since Oct 2010
43369 posts
Posted on 11/17/17 at 11:14 am to
This could be asked for any number of things, not just vehicles.
Posted by AubieALUMdvm
Member since Oct 2011
11713 posts
Posted on 11/17/17 at 11:15 am to
It's social media - their friends who make equally poor decisions post their sweet new ride on FB. The only logical choice at that point is to get a new car themselves. Then everyone acts like they could afford it in the first place.
Posted by LSUBoo
Knoxville, TN
Member since Mar 2006
101938 posts
Posted on 11/17/17 at 11:15 am to
quote:

Women love a man who shows how financially responsible he is, right? RIGHT?


Women don't love a man who drives a $1000 craigslist car with a myriad of unknown stains and an unexplainable odor.
Posted by X123F45
Member since Apr 2015
27599 posts
Posted on 11/17/17 at 11:16 am to
I learned this lesson when we had a 100k car sitting in the driveway unused next to a new 4runner not being used. We both were driving our weekend cars 90% of the time.

Took a loss. Sold both. Sold our oversized house. And haven't bought a vehicle over 7k since.

I make about half of what I used to, and still have more money to frick off with

Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
263330 posts
Posted on 11/17/17 at 11:17 am to
People are terribly insecure and care way too much about social status. They want to look, act, talk and have a lifestyle like the average person. They feel inferior not keeping up with materialistic arms race
Posted by Jim Smith
Member since May 2016
2915 posts
Posted on 11/17/17 at 11:18 am to
Conspicuous consumption.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58419 posts
Posted on 11/17/17 at 11:18 am to
You should be concerned how your money is spent, not anyone else's.
Posted by Chad504boy
4 posts
Member since Feb 2005
167136 posts
Posted on 11/17/17 at 11:19 am to
you cant' outkick your coverage driving around a piece of shite.
Posted by DarthRebel
Tier Five is Alive
Member since Feb 2013
21396 posts
Posted on 11/17/17 at 11:19 am to
Because you only live once. Live everyday like it is your last.
Posted by MBclass83
Member since Oct 2010
9447 posts
Posted on 11/17/17 at 11:21 am to
It's called instant gratification. A lot of people are ate up with it.
Posted by ellishughtiger
70118
Member since Jul 2004
21135 posts
Posted on 11/17/17 at 11:23 am to
I don’t hunt nor pull a boat and have a truck. Sadly, $40k is about what you pay for a reliable new truck these days. My Tacoma was $35k.

The same people buying these trucks are financing it for 7 years.
Posted by molsusports
Member since Jul 2004
36179 posts
Posted on 11/17/17 at 11:23 am to
I have always been one to buy a new car and drive it till it dies. But thinking about retiring as young as possible has me wondering about buying a used car instead and investing the difference.

Anyone with thoughts on buying used? Formerly leased or bought outright cars etc? A mechanic checking it over with a title search and carfax record seem like standard precautions.
Posted by Open Dore Policy
The Commodore State
Member since Oct 2012
4472 posts
Posted on 11/17/17 at 11:23 am to
Cause they are dumb and materialistic.
Posted by CAD703X
Liberty Island
Member since Jul 2008
78791 posts
Posted on 11/17/17 at 11:23 am to
quote:

Why do people tie up huge chunks of income in expensive vehicles?


my wife bitches about my 1996 4runner all the time. she says it looks like 'a high school car'.

i just laugh & say 'yeah.'
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