I'd rather be 80 living comfortably telling tales of my youth that don't bore my kids/grandkids to tears. Maybe that's just me? That said, that doesn't mean piss away your income on everything you want. Be reasonable, people.
“I am not a Mac user unless under duress.” - John Carmack
Do you honestly think a bunch of car enthusiasts are able to afford the car they would love to keep for 40 years and just aren`t bothering.
The O.P. didn`t tell us to buy the car we would keep with our net worth. The question itself just doesn`t make sense. Surely most people on this forum own the most car enthusiast oriented car they can afford (be it used or otherwise). Everyone else lives a regular life and dreams of one day owning their realistic dream car.
Warren Buffet can buy 300,000 GT-Rs (assuming he's worth $30 billion, as he was last I looked) doesn't mean he has to.
So what does it matter what I can or cannot afford, if you don't think I can then ignore the comment, it's pretty simple.
Not to mention many people around here get all jerked up when there's a thread that even hints about how someone spend's their money. All sorts of CL "ballers" and "millionaires" come out of the closet to lecture us on the virtues of buying beaters and looking down upon others who chose to spend some of their money on cars. Those people who spend money on cars that aren't beaters (assuming they're fairly young right now) simply won't have a dime to their name when they're 70.
Or so I've observed in the CL.
This is The Car Lounge, not The RothIRA Lounge, or the 401K Lounge, or The Buy a Vacation Home That is an Investment Property if it's Rented Out During Peak Vacation Season so I can Enjoy it Off Season for Almost Free Lounge.
Many people on the internet just love to toot their own horns about money.
Member- "I'm going to buy a new Honda Civic"
TCL- "Lolz you can't afford that!"
I own interesting cars and I blow a good portion of my income on track days, tires, parts, modifications etc. That being said at the current time there isn't a single car that I could "afford" and hold onto for 40 years. I would love a Subaru WRX. Can't afford the monthly payment, can't afford the insurance and there's sure as hell no way I would sell my Datsun to buy it.
I'm not questioning HOW anyone spends their money. That's their business. I'm saying the original question doesn't make any sense. If you're an enthusiast on these forums and you can afford a car that you'd love to keep for 40 years chances are you already own it. If you can afford it then why the hell wouldn't you own it? The hypothetical context of the question doesn't make any sense.
My post was a general TFL rant, that was spawned by the back and forth of a few people across page two and three. It just seems that often times rather than indulging in a little fantasy and having fun, these threads devolve into who has the best financial advice, which is about as germane to the conversation as everyone stating they'll buy a used car.
whats the point - to make most profit? or just live with forever?
i'd take a 991. stick it in a bubble and see what its worth in 50 years.
if it's to live with forever then i'll have a lotus elise, seen as i'll have to replace the engine a couple times etc. yeah, it'll be fun as f**k getting in and out that when i'm 78
Good comments Adam and Brendan.
I think the root of the TFL stuff is people's insecurities. If they don't have what is necessarily their dream car (I certainly don't, though it is a great car), they justify it by their sense of being fiscally responsible in not splurging on what they would otherwise want. It's natural, and there's nothing wrong with this. When it goes beyond personal justification to telling people they shouldn't "waste" money on _______ (insert car here), that's when it becomes an issue. But again, that's symptomatic of human nature to assume one's own way of doing things or being is the only proper way of doing things or being.
I'm also in the camp of not keeping cars forever.
My current TT-RS has thusfar been very pleasing, I could see keeping it for awhile....unless it morphs into an R8 which seem to keep appealing to me.
I could also see a Lotus Evora as a keeper. They've already had some serious depreciation and aside from the stereotypical British quirks don't seem like they'd be that expensive to maintain in the long run.
Damn, thinking R8 again....
2012 Porsche Carrera 991
The point is you can be a car enthusiast without spending a ton of money. I have my whole life to own all the cars I want, I don't have to buy them right now, as it's not a priority for me.
Your theory is incorrect, and I'll give you an example why. Three months ago I had $15K at my disposal and could've bought any car I wanted with it. You know what I bought? A $4000 Mazda pickup.
Why did I buy a 24-year old mini truck instead of a nice S2000 or Miata? Well, you have no idea why, but I had my reasons. I guess that means I not a "car enthusiast", never mind that I spend WAAAAY too much time on this forum not to be.