Fake CL65 Spotting
#26
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Originally Posted by Lexani
Whoa-- come on now, this is not about getting rich, that is not my objective. I would rather live where I am now, and how the cars I own, than live in a huge house-- which no one ever sees mind you. And so what if I have to of the same model? Why do people always bash on me for that? Just leave me alone.
#27
Figure average appreciation around 4-6% over the long run. If you buy a $500,000 house (which I think in California is a shack with an outhouse next to it anymore...), at 4% it'll be worth about 570 which about equalled the 3 year deprecation on your other SL.
I'd imagine the interest only payment on a $500k house would have to be pretty close to the lease payment on an SL600.
I'd imagine the interest only payment on a $500k house would have to be pretty close to the lease payment on an SL600.
#28
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Originally Posted by naadp
Figure average appreciation around 4-6% over the long run. If you buy a $500,000 house (which I think in California is a shack with an outhouse next to it anymore...), at 4% it'll be worth about 570 which about equalled the 3 year deprecation on your other SL.
I'd imagine the interest only payment on a $500k house would have to be pretty close to the lease payment on an SL600.
I'd imagine the interest only payment on a $500k house would have to be pretty close to the lease payment on an SL600.
#29
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Originally Posted by AMGfan
Bro...he's not talking about a HUGE house, just the fact you can have an appreciating asset/equity in your portfolio. Sell one SL and you still can be a baller with the other one and a decent house. He isn't hating just giving pretty sage advice. Peace.
#30
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Whatever keys I grab first...
Thanks and all-- but you all are missing one very important thing here: I dont want a house. I love where I live now, believe it or not, there are people who dont want houses, and Im one of them. Sounds dumb because of the deprecation on my cars-- but guess what? Im not selling either car, plus I dont care about money, and how much my cars are going to be worth in 5 years, I really dont. I love my life as is, and if you think Im stupid for owning to 130K + vehicles, than fine-- Im not here to please anyone. And another thing, this isnt a house forum, its a car forum.
#33
Originally Posted by naadp
Some people just don't see that there's a big difference between spending your allowance and planning for your future.
#34
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Originally Posted by miroj
Money is money. What you call it is just a mental placebo.
i question why you keep coming back... go do something usefull...
#35
Originally Posted by CynCarvin32
do you post for any given reason or just to be a pain in the butt?
i question why you keep coming back... go do something usefull...
i question why you keep coming back... go do something usefull...
#36
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Whatever keys I grab first...
Guys, guys-- come on now. I was just stating I dont care about investing in a house. Im sorry if you think its ignorant, or what not but I dont care. And its certinatly no reason to starting arguing about whose richer or whose more financially secure. Leave me be, and please stop this. :o Make fun of me all you want, but there is no reason to involve other parties. Please just stop.
#38
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'03 CL55 '03 G500
It would seem that most of the people commenting here equate what they consider to be the "unwise" use of money as stupidity. That almost by definition is narrow minded.
I'm on Lexani's side on this one. He is using his financial resorces to do what pleases him NOW. The rest of you seem to be wrapped up in making prudent investments that will bear fruit in the future. You act as if the prudent use of money was an indisputable law of nature, the standard by which all actions are judged.
Lexani doesn't seem to place a lot value on his place of residence or its current or future value. He seems quite satisfied with being able to drive the car of his choice on any given day. (Lexani, I apologize if I have offended you by attempting to speak in your behalf)
I say more power to him. I wont own my house until I'm 86 years old, but I got to drive two of the coolest vehicles on the face of the earth TODAY.
The fact that I don't share your same value system does not make me stupid or ignorant.
I'm on Lexani's side on this one. He is using his financial resorces to do what pleases him NOW. The rest of you seem to be wrapped up in making prudent investments that will bear fruit in the future. You act as if the prudent use of money was an indisputable law of nature, the standard by which all actions are judged.
Lexani doesn't seem to place a lot value on his place of residence or its current or future value. He seems quite satisfied with being able to drive the car of his choice on any given day. (Lexani, I apologize if I have offended you by attempting to speak in your behalf)
I say more power to him. I wont own my house until I'm 86 years old, but I got to drive two of the coolest vehicles on the face of the earth TODAY.
The fact that I don't share your same value system does not make me stupid or ignorant.
#39
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Whatever there's gas in...
Its called priorities, not being narrow minded. But like Lexani said lets not argue about this because this is a C-A-R forum! so how about those fake CL65's?
#40
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Whatever keys I grab first...
Originally Posted by j.edwards
It would seem that most of the people commenting here equate what they consider to be the "unwise" use of money as stupidity. That almost by definition is narrow minded.
I'm on Lexani's side on this one. He is using his financial resorces to do what pleases him NOW. The rest of you seem to be wrapped up in making prudent investments that will bear fruit in the future. You act as if the prudent use of money was an indisputable law of nature, the standard by which all actions are judged.
Lexani doesn't seem to place a lot value on his place of residence or its current or future value. He seems quite satisfied with being able to drive the car of his choice on any given day. (Lexani, I apologize if I have offended you by attempting to speak in your behalf)
I say more power to him. I wont own my house until I'm 86 years old, but I got to drive two of the coolest vehicles on the face of the earth TODAY.
The fact that I don't share your same value system does not make me stupid or ignorant.
I'm on Lexani's side on this one. He is using his financial resorces to do what pleases him NOW. The rest of you seem to be wrapped up in making prudent investments that will bear fruit in the future. You act as if the prudent use of money was an indisputable law of nature, the standard by which all actions are judged.
Lexani doesn't seem to place a lot value on his place of residence or its current or future value. He seems quite satisfied with being able to drive the car of his choice on any given day. (Lexani, I apologize if I have offended you by attempting to speak in your behalf)
I say more power to him. I wont own my house until I'm 86 years old, but I got to drive two of the coolest vehicles on the face of the earth TODAY.
The fact that I don't share your same value system does not make me stupid or ignorant.
#41
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Whatever keys I grab first...
Originally Posted by thericker55
Do you own both SL600's and currently make payments on them? or are you Leasing them both? Basically renting them?
#42
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Whatever there's gas in...
Why both of the same models? I mean, you love the SL so much u bought another one? im not flaming you im just saying..GO BUY A CL or S600! lol just playing, I see your point, no doubt in that so sorry if you took it the wrong way. NO MORE DRAMA!
#43
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W208 55 & R170 230
no offense., but... not every one here earn their money the way they think they are....
consider money this big...,,,,... IRS would spot it..... in other words... buying a house isn't the best way to spend money,.., because it dosent' depreicate...
consider money this big...,,,,... IRS would spot it..... in other words... buying a house isn't the best way to spend money,.., because it dosent' depreicate...
#45
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Originally Posted by j.edwards
He is using his financial resorces to do what pleases him NOW. The rest of you seem to be wrapped up in making prudent investments that will bear fruit in the future. You act as if the prudent use of money was an indisputable law of nature, the standard by which all actions are judged.
#47
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V12-Biturbo
OK let me put it this way for you....
Originally Posted by Lexani
Its a buy, I do not lease. I wouldn't put a 10K MKB Kit on a car that Im leasing. However, lets assume it wasn't, so what?
I was just checking to see how insane you are? How far you go to break your back making rediculous car, and Insurance, payments to look like a Baller,(Buying 2 of the exact same cars????) only to drive your potential girlfriends, IE. dates, to that OLD APARTMENT BUILDING (looks like a place I used to live at when I was going to college!)
What do you tell your friends, dates ect?.. "UH my place is being fumigated, This is my pool cleaners crib we can just kick it here"
Yeah you're making the right choice, what am I thinking who wouldn't want to live in a DUMP! and be able to drive Not one but TWO of the same cars, sounds like you've got a great plan......
#49
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V12-Biturbo
Originally Posted by Lexani
Hahaha, "low rent". Alas its true, one cannot have everything. That, is infact where I live, I might be a bit richer than the average citizen, but Im no Gates.
#50
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Originally Posted by miroj
Has it crossed anyones mind thus far that the whole "I own this stuff" is a fiction.
Last edited by schwarzwagen; 03-11-2005 at 05:12 PM.