[shivaswrath]

Originally Posted by snowghost

Yeah check out the Top Gear episode where they do forensics on used cars, and find boogers, feces, blood, scabs, skin and semen amongst other things.

For good measure, I always leave my semen in my cars.

WTF, that's so nasty...

[shivaswrath]

Originally Posted by Jamesons Viggen

That's what I am doing as my business partner and I are forming an LLC. Win!

Yup, LLC has been a write off for me now for several years now, it's a smart move man...just remember to make some income so it doesn't smelly fishy after 3 years.

[Jamesons Viggen]

Originally Posted by shivaswrath

Yup, LLC has been a write off for me now for several years now, it's a smart move man...just remember to make some income so it doesn't smelly fishy after 3 years.

Yep.

Its legit, an invention I patented is being brought to market. Should be profitable in less than a year!

[J1n]

Originally Posted by F30AM

Buying a new car is financially stupid.
Buying a new car is emotionally heavenly.
Nice to be stupid in Heaven.

Love the way you described it.

[DarkTrigger]

I finally have an answer. Never sell your car and the depreciation won't matter. Like that guy who got to 1 million miles on his honda accord.

[shivaswrath]

Originally Posted by DarkTrigger

I finally have an answer. Never sell your car and the depreciation won't matter. Like that guy who got to 1 million miles on his honda accord.

Would the F30 last?

[DrivenByE30]

Originally Posted by ft1337

Buying cars new has never been a smart financial proposition, it's got more to do with the luxury of being the first one to fart on the leather seats.

As the F30 is my very first new car, i now find your quote to be very true.

Originally Posted by F30AM

Buying a new car is financially stupid.
Buying a new car is emotionally heavenly.
Nice to be stupid in Heaven.

Good or Bad, Smart or Stupid, we are in Heaven.... does it matter ??

Originally Posted by kobechrome

I don't think the argument is lease vs buying. From a pure financials perspective, buying probably wins out every time. I think the point the poster is trying to make is that buying NEW is "stupid" when compared with buying USED. The most economical way to acquire cars is to buy a 3 yr old used car (when depreciation hits hardest) and then drive that thing to its death, into the ground, sputtering, crawling all the way to the car's grave - then repeat cycle.

However this explanation doesn't account for lifestyle, culture, happiness, what people want to do - its just a pure numbers game. If it makes you happy to have new cars, or lease and drive new cars every 3 years - more power to you if you have the financial means. People have the right to spend their $$ however they want to achieve happiness. Plus, the guy arguing against leasing cars surely has other areas in his lifestyle where there is waste/excess - so its all relative and in the end not really that "stupid."

The way i see it is:

I am spending my retirement money RIGHT NOW ! YOLO

Originally Posted by Agamemnon

Good post! I bought new even though I know it isn't a good choice financially. Didn't even bother telling my financial planner as he wouldn't approve. Doesn't matter - it gives me pleasure to drive a brand new car optioned out the way I want it and broken in nicely. I'll probably keep it 5 to 8 years and start over. I don't really expect much from the residual and will probably sell it to a friend or family member who will get a really good deal and a very well looked after used car.

Same here, i bought new even though i know it isn't a good choice financially...

1st) i can afford it right now
2nd) if i don't do it now, i will never be able to do it at all later, because of family.
3rd) And i certainly dont want to be waiting until blowing my 60th birthday to finally acquire my first new and dream car and drive it without being able to take full advantage of its potential ! YOLO you guys YOLO !

[mtgswede]

I had a 2003 E46 330xi that I sold when I bought my F30 and I got $9,000 from the dealer which was only slightly under kelly blue book. I had low miles and it was in superb shape. They low balled me at first but I bargained and still got about $5,000 off the cost of the F30 to boot. Pretty sure I didn't get screwed.

[BavarianFanatic]

Originally Posted by shivaswrath

Would the F30 last?

Any car will last forever as long as you keep fixing the things that break and don't beat the crap out of it.