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re: Do you reflexively think luxury car = rich driver and old car = poor driver?
Posted on 7/29/21 at 11:12 am to JohnnyKilroy
Posted on 7/29/21 at 11:12 am to JohnnyKilroy
quote:Some people just really like cars. It's my only real hobby.
It's a cope meme that is all over personal finance internet. Everyone driving a nice car is drowning in debt and poor and the smart, rich people exclusively drive 10 year old econoboxes and work trucks.
Nevermind the fact that it's completely false. That's not the point.
1
Posted on 7/30/21 at 11:16 am to achenator
quote:
Some people just really like cars. It's my only real hobby.
This. I've sold cars for 6 years and I buy something every 6 months to a year, because I'm a huge car nerd and I can. Cars are my only vice/extravagance, I live pretty simply otherwise.
Buying trades at employee cost is a good enough deal that I can own something for that short of an amount of time and either trade out of it clean, or sell it in a year and make a grand or three. I've always gotten tired of cars quickly, although that's starting to change as I approach 30.
It's never been about status for me, or trying to flex on anyone. I buy what I like, whether that's a beater 30 year old F150 or a near-new Audi/BMW/Mercedes. If it speaks to me and I can comfortably afford it, I find a way to make it happen.
This post was edited on 7/30/21 at 11:18 am
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