5 things no one tells you about owning a used luxury car

[bgbtylvr]

I'm copping that 2014 stingray soon as the 2015s roll out. Hoping for some cash back, dealer rebate, end of the year clearance deals. There Are several color schemes they are having trouble moving. Saw one with a few hundred miles on it that almost 8k off the sticker, but I didn't want to shift gears or black on black. I'm just waiting....

 

[jagu]

this... all damn day.

but some americans get their self confidence, determine their self-worth, and judge the 'richness' of other americans based SOLELY on what car they are (currently) driving.

that's PURE comedy to me... but to each his/her own. how da fuck do you measure 'richness' based on the WORST INVESTMENT you can possibly make?

Relax, we are talking about sub$1000/mo payment cars. There are people who make less that spend more on worthless homes and child support from bad prior decisions

Besides, it is foolish to consider a car as an investment . A car is a depreciating asset, just like your refrigerator, etc. So, please tell me that your accountant does not put your car as an investment in your books.

 

[soulcontroller]

this... all damn day.

but some americans get their self confidence, determine their self-worth, and judge the 'richness' of other americans based SOLELY on what car they are (currently) driving.

that's PURE comedy to me... but to each his/her own. how da fuck do you measure 'richness' based on the WORST INVESTMENT you can possibly make?

I feel you Max. Most of the folks in this thread are carheads though and cop cars cause they love cars and not to flex on people.

With good credit, you never have to put anything down on a lease except your first payment. You can roll everything into the lease. People who put money down on a lease are doing it wrong. In fact, some manufacturers like , yes I said it, BMW, will pay your first payment for you.

Yo I'm consulting you when I get ready for the first lease too. Zero problems with my 550 though.

 

[bgbtylvr]

With good credit, you never have to put anything down on a lease except your first payment. You can roll everything into the lease. People who put money down on a lease are doing it wrong. In fact, some manufacturers like , yes I said it, BMW, will pay your first payment for you.

Truth. I looked at a Cadillac recently and those motheruckers would NOT stop calling me. They were begging me. I had printed of my credit report that week so they didn't have to pull it. They was offering no payment til the first of the next full month. All kinds of shit!!!

Lastly, down payments only reduce the payment by $20 per thousand. So $10k would only drop your payment by $200 max. Why give $5000 down to make a $600 payment $500? Pointless. Know your score before you walk in. Have a bank already lined up with the lowest interest rate. Win all day.

 

[BDR]

I wouldn't covert either, but for those who are balling on a budget, you can buy a conversion kit for roughly 1200.00 and spend another 3-500 to get it installed and never have another suspension issue again.

The bags are cheap but if you don't know what you're doing or if you have a bad mechanic, you will be paying out the ass for labor, diagnosis, parts you don't need, combine that with if you don't diagnose the car properly then it becomes a domino effect and other parts of the system fail such as compressors, valve blocks, etc.

So you can spend 1500.00 or so once... or go to your mechanic every few months and drop 600.00 each visit...

True but that's why you find a good Indy who specializes in bimmers and benzes

 

[forcesteeler]

this... all damn day.

but some americans get their self confidence, determine their self-worth, and judge the 'richness' of other americans based SOLELY on what car they are (currently) driving.

that's PURE comedy to me... but to each his/her own. how da fuck do you measure 'richness' based on the WORST INVESTMENT you can possibly make?

Its the American Society, We are Materialistic, The Reason why we buy $200 Pair of Sneakers, $300 Belts, and Expensive Cars,etc.. Its good for capitalism. And in order for Capitalism to work. Corporations come up with way to get the American Consumer to keep spending. They need Consumers to spend spend spend!.

 

[BlackArsenic]

Truth. I looked at a Cadillac recently and those motheruckers would NOT stop calling me. They were begging me. I had printed of my credit report that week so they didn't have to pull it. They was offering no payment til the first of the next full month. All kinds of shit!!!

Lastly, down payments only reduce the payment by $20 per thousand. So $10k would only drop your payment by $200 max. Why give $5000 down to make a $600 payment $500? Pointless. Know your score before you walk in. Have a bank already lined up with the lowest interest rate. Win all day.

That depends on the Apr or in leasing the money factor. $1000 could be as much as $30. In states outside of N.Y.you can put $5000 down and reduce your money factor through what's called a security deposit or M.S.D. That $30 could turn to over $40 and you receive it back at lease end pending excessive wear and tear to your car.

 

[jagu]

I feel you Max. Most of the folks in this thread are carheads though and cop cars cause they love cars and not to flex on people.



Yo I'm consulting you when I get ready for the first lease too. Zero problems with my 550 though.

I'd be happy to help. I love car deals as you can tell

Mine is in the shop for weak A/C but they just gave me an x3 to drive. No fucking way. It rides like an American SUV.

 

[jagu]

Its the American Society, We are Materialistic, The Reason why we buy $200 Pair of Sneakers, $300 Belts, and Expensive Cars,etc.. Its good for capitalism. And in order for Capitalism to work. Corporations come up with way to get the American Consumer to keep spending. They need Consumers to spend spend spend!.

They also fail to realize that this is the reason that the American economy is the most dynamic in the world. Let them go live on a place where people keep cars for 20 years and see what the employment situation is in that country.

 

[Dr. Truth]

LOL, you must have saved this quote somewhere so that you can keep copying and pasting it every time.

Ultimately, people will buy what feels good to them and what they can afford.

what up jagu. True. Not sure why people keep saying cars are horrible investments. Ain't nobody investing in a car. Wtf.

 

[jagu]

what up jagu. True. Not sure why people keep saying cars are horrible investments. Ain't nobody investing in a car. Wtf.

I know, they hear it somewhere and just run with it. A car is not different from a toaster

 

[Dr. Truth]

I know, they hear it somewhere and just run with it. A car is not different from a toaster

Toasters are horrible investments b. You can make toast on the sidewalk during hot days.

 

[soulcontroller]

Toasters are horrible investments b. You can make toast on the sidewalk during hot days.

 

[LordSinister]

Toasters are horrible investments b. You can make toast on the sidewalk during hot days.

Tooth brush too.

After you put in your mouth, it looses all value.

 

[Dr. Truth]

Tooth brush too.

After you put in your mouth, it looses all value.

 

[jagu]

Toasters are horrible investments b. You can make toast on the sidewalk during hot days.

Yep.