2014 e550: too old to purchase?
#126
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Joined: Jan 2009
Posts: 9,126
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From: V E G A S
1922 Ford Model T / no OBD
#127
#128
I figured I’ll update.
with a recession all but certain, I decided to back out on this purchase. The dealership was lagging on completing the car for delivery which gave me the time to really think it over. I know that cash is king during a time like this and felt the money is better saved since it was a cash purchase.
i dm appreciate everyone’s help throughout. It’s a real bummer that I won’t be getting this car. I was dreaming about it the last two weeks. But having 25k extra in cash to jump into the market when this bottoms out, is a wiser move than having a V8TT and being laid off. Which are two very potential outcomes due to this damn virus
with a recession all but certain, I decided to back out on this purchase. The dealership was lagging on completing the car for delivery which gave me the time to really think it over. I know that cash is king during a time like this and felt the money is better saved since it was a cash purchase.
i dm appreciate everyone’s help throughout. It’s a real bummer that I won’t be getting this car. I was dreaming about it the last two weeks. But having 25k extra in cash to jump into the market when this bottoms out, is a wiser move than having a V8TT and being laid off. Which are two very potential outcomes due to this damn virus
Last edited by Robxc80; 03-18-2020 at 12:25 AM.
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pierrejoliat (05-09-2020)
#129
MBWorld Fanatic!
Joined: Jan 2009
Posts: 9,126
Likes: 1,753
From: V E G A S
1922 Ford Model T / no OBD
We sure run into different times.
I am communism collapse survivor, Chernobyl radiation survivor, survived 2008 economy collapse in USA and now Coronavirus. What else can I expect?
When on 1 hand you made educational decision, car purchase is more fun and luxury than economics. With lot of states asking people to stay home, you'd have more time to detail the car.
We walk our dogs every day on desert, or on the streets and this week we are surprised how many new people discovered walking in the neighborhood.
I am communism collapse survivor, Chernobyl radiation survivor, survived 2008 economy collapse in USA and now Coronavirus. What else can I expect?
When on 1 hand you made educational decision, car purchase is more fun and luxury than economics. With lot of states asking people to stay home, you'd have more time to detail the car.
We walk our dogs every day on desert, or on the streets and this week we are surprised how many new people discovered walking in the neighborhood.
The following 2 users liked this post by kajtek1:
pierrejoliat (05-09-2020),
Robxc80 (03-17-2020)
#130
No but not that one
That year and models definitely not too old to purchase- just maybe not that exact one. Id say keep looking, that v8 in the same shell is wondrous, and not as costly as the AMGs.
The following users liked this post:
Robxc80 (03-17-2020)
#131
We sure run into different times.
I am communism collapse survivor, Chernobyl radiation survivor, survived 2008 economy collapse in USA and now Coronavirus. What else can I expect?
When on 1 hand you made educational decision, car purchase is more fun and luxury than economics. With lot of states asking people to stay home, you'd have more time to detail the car.
We walk our dogs every day on desert, or on the streets and this week we are surprised how many new people discovered walking in the neighborhood.
I am communism collapse survivor, Chernobyl radiation survivor, survived 2008 economy collapse in USA and now Coronavirus. What else can I expect?
When on 1 hand you made educational decision, car purchase is more fun and luxury than economics. With lot of states asking people to stay home, you'd have more time to detail the car.
We walk our dogs every day on desert, or on the streets and this week we are surprised how many new people discovered walking in the neighborhood.
Let’s hope the proposed stimulus package has the intended effect. I hope they aren’t rushing this without fully realizing the long term impacts of pulling a trillion out from the govt...wonder how it’ll be paid for ultimately...
#132
if this dealer had acted with more urgency on having the car reconditioned, it would’ve been too late to back out since i would’ve had the car already. I took it as a sign. Especially with my sincere belief that tough economic times lie ahead.