Originally Posted by dmatre

I personally am a car person. Have been since childhood. I've worked hard to put away enough money that I can now afford to treat myself to something that I truly enjoy.

Originally Posted by dmatre

I think how you look at getting a W222 depends completely on what you enjoy in life.

I personally am a car person. Have been since childhood. I've worked hard to put away enough money that I can now afford to treat myself to something that I truly enjoy.

By the same token, I would certainly feel regret if I spent big bucks on a set of the latest Ping/Callaway graphite/titanium clubs, or on a Stradivarius (I'm neither a golfer nor a violinist, so I would derive little-to-no enjoyment from such purchases).

I do enjoy driving a nice car and enjoying time with my family, so I can spend on these two areas of my life without regret - while doing so in others would surely have me wishing to undo the deal...

Originally Posted by nebrou

Thanks for your input. If you can still finance in today's rates and still beat interest rates in stocks, that's perfect. Since the stock market is all time high now, I am not willing to invest any dollar until major correction happens so I would still prefer to buy cash at this moment

Originally Posted by JohnnydoeyR230

I’ve loved cars my entire life. I have been fortunate to be able to have had many. I’ve never looked at them as investments, just an extension of my hobbies and what brings me joy. I pick based on what my heart tells me after doing a lot of research. I’ve spent a lot of money on cars but I’ve also made sure to keep my finances in order, take care of family, and have retirement fully funded at the same time. I’ve never regretted any purchase by living this way.

Some say me doing all the work myself on all my cars is how I can afford/justify it. They’d be wrong as I’ve spent way more in tools and a lift in garage than what I would have spent having someone else do the work. But again it’s because I also love working on cars.

I literally don’t even think about how much money I’ve spent doing these things. I don’t see it as money lost. I see it as I’m lucky to have made enough money that allows me to use it on things that bring me joy. It took me many years to let go of the mentality that I have to save all my money or find ways to not have to spend it. Once I was able to it was very freeing. Even though I worked for all my money, I’m lucky and know it. Being able to not care about the cost of groceries or whatever bills come up is a very lucky place to be and I’m grateful for that. There were many years where it wasn’t that way for me.

I have friends with a lot of money, more than me, yet I feel for them because they’re trapped in a mentality that doesn’t allow them to spend their wealth out of fear or because they don’t feel they deserve it. I try encouraging them to spend more as having another 0 added to their account balance won’t bring anything additional to their life.

My young adult son thinks it’s wild and he jokes with me every time I bring him along on a shopping trip for more tools or coming home with another car. The prices in his young broke mind appear staggering. And they would be too for me when I was his age. I’m fortunate I can do this and be able to save properly for the future. It took me a long time to get to this point and be comfortable with spending money.

Just don’t spend all your money or go into debt for the fun stuff and you’ll be fine.