Sport Auto Test- M5 vs E63 vs Panemera Turbo S - Page 2

Apr 26, 2012 | 04:20 PM

#26

drabux

Junior Member

Joined: Mar 2011

Posts: 46

Likes: 1

S600

Quote:

Originally Posted by Vic55

Im a giver

Ain't that the beauty of capitalism? The poor get to have a few years later what the rich paid through the nose for.

Apr 26, 2012 | 04:41 PM

#27

Vic55

Administrator

Joined: Nov 2001

Posts: 12,263

Likes: 901

From: THE Orange County, California

2024 C8 Z06- 2025 BMW CS- 2022 Porsche 992 GTS

Quote:

Originally Posted by drabux

Ain't that the beauty of capitalism? The poor get to have a few years later what the rich paid through the nose for.

I paid thru my ***

Apr 26, 2012 | 05:14 PM

#28

CharlyE500

MBWorld Fanatic!

Joined: Dec 2008

Posts: 4,411

Likes: 69

From: Socal, Chino

E55 2006 / CLS55 / S450 / Jag XKR2011

Quote:

Originally Posted by Vic55

Im a giver

Let me know when you selling your CLS63 ! (I am poor

)

Apr 30, 2012 | 03:15 PM

#29

otakki

MBWorld Fanatic!

Joined: Nov 2010

Posts: 3,462

Likes: 54

FF. W212 E63 M156 non-pano 18" P2 ParkT NightV (gone but will be missed).

Quote:

Originally Posted by drabux

Ain't that the beauty of capitalism? The poor get to have a few years later what the rich paid through the nose for.

Under some capitalism, the rich actually robs from the poor to pay for it. So ultimately, the poor is the one paying for it and then geting it second-handed.

By the way, the poor doesn't even pay for it, it's the middle class who gets shafted.

Apr 30, 2012 | 03:48 PM

#30

drabux

Junior Member

Joined: Mar 2011

Posts: 46

Likes: 1

S600

Quote:

Originally Posted by otakki

Under some capitalism, the rich actually robs from the poor to pay for it. So ultimately, the poor is the one paying for it and then geting it second-handed.

By the way, the poor doesn't even pay for it, it's the middle class who gets shafted.

Forget the rhetoric, keep to the point and then explain how the fact that the 'rich' who pay $150k+ for a car that sells a few years later for $25k is robbing the poor or middle class. I think you will find that it's the middle class who gain mightily from this arrangement

Apr 30, 2012 | 08:45 PM

#31

derek

Senior Member

Joined: Dec 2002

Posts: 337

Likes: 3

A couple of fast cars.

Oh boy, seems like a strange place for this debate to me. I'm just sayin...I will happily read as it devolves into...

May 1, 2012 | 06:00 PM

#32

otakki

MBWorld Fanatic!

Joined: Nov 2010

Posts: 3,462

Likes: 54

FF. W212 E63 M156 non-pano 18" P2 ParkT NightV (gone but will be missed).

Quote:

Originally Posted by drabux

Bad example from my part on using the E63 and also other MB's or AMG's. This category of cars, which include the SLS and the SLR is still mostly accessible to those in the middle class. It's simple depreciation on all things that are non-assets. All things that are toys or liabilities depreciate, and cars are exactly that. That's why cars are deemed non-assets by many. Therefore, some would like to have it sooner and newer, and they are willing to swallow the larger chunk or depreciation. Same thing happens to all classes on this depreciation thing.

As for the rich robbing the middle and the poor, my thinking is directed more towards the top 0.01%. For the 0.01%, the league consists of cars like Veyron or Zonda, the price of those are so astronomical that it is for certain that a good portion of it is paid for by robbing from the middle and the poor. IMHO, there are only a few that can achieve that 0.01% without robbing the middle and the poor in one way or the other.

I wonder how long it will take for a Zonda to depreciate to the level where I can afford it...nay, forgetaboutit for me in this lifetime.

While on this subject, I'm sure some of you already know the Zonda 760RS costs USD2.6million. Whew, depreciation will take a while...Zzzzzzz. But damn...that 7.3-liter AMG V12 with the well-paired exhaust sure sounds gooooooood.

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