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Posted on 3/5/20 at 3:43 pm to CAD703X
quote:
he drove a worn-out acura legend for YEARS and only recently decided to enjoy his money & get a couple of nice cars.
This is such a dumb meme lol but it is parroted like gospel.
I'd bet the majority of billionaires have 8 figure car collections.
Posted on 3/5/20 at 3:44 pm to JohnnyKilroy
quote:
This is such a dumb meme lol but it is parroted like gospel.
its 100% true.
Posted on 3/5/20 at 3:47 pm to CAD703X
quote:
people who call others 'poors' for not having new & nice cars are the ones who are most likely the 'poors'.
Sam Walton drove a 1979 Ford F-150 until he died in 1992.
“Why do I drive a truck?” Walton is quoted as saying. “What am I supposed to haul my dogs around in, a Rolls-Royce?”
Posted on 3/5/20 at 3:47 pm to CAD703X
quote:
MEME?
Yea it's a meme.
Start a thread about rich people spending habits and you'll have most of the thread talking about how they "know a guy" worth 9 or 10 figures who drives some beat up f150.
It's been a trope for years.
Posted on 3/5/20 at 3:49 pm to JohnnyKilroy
quote:
Yea it's a meme.
Start a thread about rich people spending habits and you'll have most of the thread talking about how they "know a guy" worth 9 or 10 figures who drives some beat up f150.
It's been a trope for years.
i just posted my personal experience. sorry it triggers you.
Posted on 3/5/20 at 3:51 pm to JohnnyKilroy
Our billionaire president has/had a nice car collection
Posted on 3/5/20 at 3:55 pm to JohnnyKilroy
quote:
It's been a trope for years.
It’s just true.
Families that have had money for a while, they cut back on ostentatious spending.
My old neighbor, Mrs. Mars, drove a beat up old station wagon.
This post was edited on 3/5/20 at 3:58 pm
Posted on 3/5/20 at 3:58 pm to Lima Whiskey
quote:
It’s just true.
Says who?
The demand for ultra exclusive ultra expensive (1,000,000+) cars is at an all time high.
It ain't poors that are snatching up every 7 figure car that's been announced before production even starts.
This post was edited on 3/5/20 at 3:59 pm
Posted on 3/5/20 at 4:00 pm to JohnnyKilroy
quote:
The demand for ultra exclusive ultra expensive (1,000,000+) cars is at an all time high.
auto collectors investments <> casual purchases by wealthy people
Posted on 3/5/20 at 4:03 pm to CAD703X
Every top end luxury and sports car marque has seen unprecedented growth the last decade.
Rich people buy a lot of expensive cars. That's not really debatable despite the meme that your average billionaire lives a modest life driving a 30 year old bucket.
Rich people buy a lot of expensive cars. That's not really debatable despite the meme that your average billionaire lives a modest life driving a 30 year old bucket.
Posted on 3/5/20 at 4:04 pm to JohnnyKilroy
quote:
your average billionaire lives a modest life driving a 30 year old bucket.
well to be honest this was late 1990s/early 2000s and the acura was from like 1991 so it wasn't THAT old.
Posted on 3/5/20 at 4:05 pm to Darth_Vader
quote:
What was (or is) your plan for your kid’s first vehicle?
I have a 2018 4Runner I bought new in Dec '18 and told my wife that will be our 3 year old boy's first car. I drove my last 4Runner for 11 years, I just need to squeeze out a couple of extra years on this one
Posted on 3/7/20 at 6:17 pm to LouisianaLady
quote:
I’m extremely good with my money. Never had any debt in my life. Started building credit with a credit card at 18 and now have an excellent credit score. Use a high yield savings. Never paid a bill late in my life. Etc etc
My parents bought my first car, traded it in for my 2nd car at 21, gave me their old SUV at 24/25, and bought my current car with half of my wedding money.
My dad also pays my car insurance for the year as a birthday gift every year.
I reckon it isn't difficult to be "good with money" when your parents are paying for your car and car insurance in your late 20s. That's a major expense for most people.
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