a real problem..car payments

124

Comments

  • hsewifhsewif Posts: 444
    callen wrote:
    he may be compensating.....

    or simply enjoying a car he can afford. :)
  • callencallen Posts: 6,388
    hsewif wrote:
    or simply enjoying a car he can afford. :)

    "may" and dont' judge.....okay most of the time....okay some of the time.
    10-18-2000 Houston, 04-06-2003 Houston, 6-25-2003 Toronto, 10-8-2004 Kissimmee, 9-4-2005 Calgary, 12-3-05 Sao Paulo, 7-2-2006 Denver, 7-22-06 Gorge, 7-23-2006 Gorge, 9-13-2006 Bern, 6-22-2008 DC, 6-24-2008 MSG, 6-25-2008 MSG
  • even flow?even flow? Posts: 8,066
    callen wrote:
    sooo...I know I'm veering....but you brought out penile replacement....and started laughing....thanks.......but getting serious....do you feel that there's the slightest chance a male may purchase such a machine for other reasons....I can think of and relate to too. First the technological appreciation...for instance...a Corvette as an almost balanced 50/50 weight distribution so handling is optimal...and blast. Independent suspension that helps it stick to the road. 400HP that will sink you back into the seat...aluminum engine that's beutifully machined. The second is art....the curves on a 71 Corvette are nothing short of beutiful...sloping fenders..when you sit at the wheel...you look down a tunnel...between the bulging fender and the raised hood. When you look at it...its a peice of art.....and made out of fiberglass......and to the other senses...the sound of the sidepipes.....negates the need for a stereo...as the stereo sound of the pipes is beutiful. ...........
    Now have to agree when I see the 62 year old male..gold chains..gold rings...suntan lotion on his bald head.....in a new RED vette...he may be compensating.....

    I want to date that car!
    You've changed your place in this world!
  • hsewifhsewif Posts: 444
    callen wrote:
    First two subjects are about how wealthy people can do what ever they want...then when it comes to the poor...not...what gives.

    What gives......now my noisemaker freind...understand him supporting your last statement...you know as people that are on entitlements should get off their arsches and get to work and everything republican....

    If you rely on the government for housing and putting food on your table, you have no business having a 500.00 monthly car payment. Why? because you can't provide the basic needs for yourself in the first place... I'd say your priorities are way out-of-wack. (or you're involved in some sort of illegal activity).
  • mammasanmammasan Posts: 5,656
    hsewif wrote:
    Maybe I'm heartless but I don't think people getting welfare and food stamps have any business driving a brand new car with 400.00 a month payments.

    Is that wrong?


    Not heartless at all. If you can't afford to put food on the table or a roof over your head because you have a $400.00 dollar a month car payment you are nothing short of a fucking idiot.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • hippiemomhippiemom Posts: 3,326
    callen wrote:
    Now have to agree when I see the 62 year old male..gold chains..gold rings...suntan lotion on his bald head.....in a new RED vette...he may be compensating.....
    This is pretty much the image I had in mind. You'll notice I did say "silly looking men," and I don't consider all men of a certain age to be silly looking. I doubt I'd laugh at Sean Connery in a Corvette, for example. But Woody Allen would be hysterical.

    A man wearing gold chains is funny with or without the Vette.
    "Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity." ~ MLK, 1963
  • inmytreeinmytree Posts: 4,741
    hsewif wrote:
    what's a d?

    http://en.wikipedia.org/wiki/Throw_Some_D's
    hsewif wrote:
    if someone wants a nice car instead of a washer and dryer, who cares? I actually love going to the laundromat... it's cheaper than doing it at home and it's nice to do 6 loads at one time and be done with it.

    My sister-in-law lives in a 2 million dollar house and she takes her garbage to the dump herself instead of paying for the service. Because of that, people in her neighborhood think she's weird and they call her the dump lady.

    my brother doesn't own a couch but he has a 52 inch plasma television. He's perfectly content sitting in a bean bag chair.

    Maybe I'm heartless but I don't think people getting welfare and food stamps have any business driving a brand new car with 400.00 a month payments.

    Is that wrong?

    hey, if you want to go to a nasty laundromat, that's up to you...more power to you...and as for your other examples, hoo-ray...people can live as they want to live...

    as for you comment about being on welfare and having a 400 car payment...that, my dear, was my point...

    by the way, when you visit your brother, where do you sit...?
  • callen wrote:
    First two subjects are about how wealthy people can do what ever they want...then when it comes to the poor...not...what gives.

    What gives......now my noisemaker freind...understand him supporting your last statement...you know as people that are on entitlements should get off their arsches and get to work and everything republican....

    I'd like to respond, and I'm not trying to be a wise ass, but I'm not sure I understand a word you are saying.
  • AbuskedtiAbuskedti Posts: 1,917
    I disagree...but only if the "used" car is less than two or three years old (the key is to buy one still under warranty)...
    I paid $8k under the sticker price for a one year old Honda with about 15000 miles on it. Still had lots of warranty. I can't see spending $8k on repairs needed after 15000 miles.

    15000 miles and one year - is quite alot.. I am not saying you didn't get a good deal.. but I don't like to wonder what may have happened to that car under someone elses care... it may work out great - I prefer getting the car brand new - for my piece of mind.. that loss you speak of in the first year - only applies if you sell it... You may be able to do just as well or better buying a one year old car - but there is some level of risk.. risk I prefer not to take. it depends on the individual. i don't put too much stock in the warrantee anyway -

    I paid almost $4000 under sticker for a brand new car.. a "leftover" purchased in October - and it had only 175 miles on it.
  • AbuskedtiAbuskedti Posts: 1,917
    hippiemom wrote:
    A Mini Cooper or VW I could handle. The Honda would even be ok, I think. Just don't get anything like a Corvette that's on obvious penile replacement, and for the love of god, stay away from fire-engine red ... then I promise not to laugh :)

    This is one of the reasons we need women. Us men don't necessarily look at how the car may look to others... I like the Red and Black BMW convertable - But certainly don't want to look like a senior cruising for teenagers...
  • I love our tiny little, paid for kia. It's great on gas and doesn't cause us any problems. :) I couldn't care less what a car looks like as long as it doesn't cause a lot of stress, is fuel efficient and cheap.
    If you want to tell people the truth, make them laugh, otherwise they'll kill you.

    Man is least himself when he talks in his own person. Give him a mask, and he will tell you the truth.
    -Oscar Wilde
  • MrBrianMrBrian Posts: 2,672
    Abuskedti wrote:
    This is one of the reasons we need women. Us men don't necessarily look at how the car may look to others... I like the Red and Black BMW convertable - But certainly don't want to look like a senior cruising for teenagers...

    What does it matter what it looks to others? does it make it true? As long as you are not really a senior cruising for teens, it should'nt be a problem. hehe.
  • hailhailkchailhailkc Posts: 582
    I went into debt for the car I drive now...and I have to say...it's the last time I will ever go into debt for a car again. I'm sick of car payments. Cash down the drain.
    MOSSAD NATO Alphabet Stations (E10)
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  • CTimm46CTimm46 Posts: 2
    When it comes to cars and frankly any purchase it is a personal thing.

    I won't buy used cars because I know jack about cars. I know I should learn and probably could learn but I don't. I buy new because then I am not buying anybody elses problems. Plus with warranties I can feel comfortable with a new car that it will run for minimum amount of time. After I buy the car I hold on to it until it is ready to drop (aka major problems, transmission or engine), then I make a decision on affordability.

    Now I do smile when I see someone driving something like a BMW because I always think they are someone who needs to spend 10k to 20k for the name and for a moment I realize I am not the only screwed up person in the world.

    We all have reasons for the decisions we make, and while these (and many other) decisions don't make sense to me, it is not my place to judge, although I do it daily.
  • SongburstSongburst Posts: 1,195
    Haha. After driving and maintaining an '86 Ranger until I was done school, the first thing that I did when I started working was drop 30k on a new truck and I love it. I would have paid double that just for the winters where I wasn't on my back on a fucking frozen driveway fighting with frozen metal and frozen fingers. Money is only money. Not everything has to be an investment. Life is too short to analyze every dollar you waste.
    1/12/1879, 4/8/1156, 2/6/1977, who gives a shit, ...
  • oldermanolderman Posts: 1,765
    One of the many jobs in my life includes selling cars at Superior Chevrolet in Merriam, KS. I worked there when Chevrolet decided to quit producing the Full Size, rear wheel drive Impala. For a few years, they had built this vehicle with a shift on the tree. For the final production year, Chevy decided to put the shift on the console. This made the car extremely desirable to some. And did we ever "clock" those who just had to have these cars. One dude was an Italian chef at a prominent restaraunt in KC. He had just gone through bankruptcy. What this means is that he was an excellent credit risk, because he could not declare again for seven years which meant he would be motivated to make his car payment. I sold the vehicle to this dude for almost $2,000 OVER sticker.

    It was purely an emotional decision on his part. Car purchases that seem unreasonable usually are emotional decisions. As a salesman, the first order of business is to get the potential buyer INTO the vehicle for a demo ride. Especially when it is a car that is fulfilling more than just a need for transportation. Once they fall "in love" with the car, the purchase is a done deal.

    If everyone purchased a vehicle for transportation only, we'd all be driving VW bugs.

    BTW, I quit the job. Not because I felt guilty about ripping off the chef (or others like him), but because they wanted me to work WAY too many hours.

    I've seen that King Of Cars show. It's too realistic.
    Down the street you can hear her scream youre a disgrace
    As she slams the door in his drunken face
    And now he stands outside
    And all the neighbours start to gossip and drool
    He cries oh, girl you must be mad,
    What happened to the sweet love you and me had?
    Against the door he leans and starts a scene,
    And his tears fall and burn the garden green
  • MrBrianMrBrian Posts: 2,672
    CTimm46 wrote:

    Now I do smile when I see someone driving something like a BMW because I always think they are someone who needs to spend 10k to 20k for the name and for a moment I realize I am not the only screwed up person in the world.

    We all have reasons for the decisions we make, and while these (and many other) decisions don't make sense to me, it is not my place to judge, although I do it daily.

    I think that's true in some cases. People buying a car just to say they drive "x". But not in all cases.

    Like I said in a previous post, some people buy Ferraris, cars that do 180mph and take corners like crazy, yet they only drive them 50mph and the only turn they make it while parking infront of a starbucks.

    Or people with an SUV who never takes it off road. It all just becomes a waste.
  • fanch75fanch75 Posts: 3,734
    I asked this in another thread, but no one has helped me out.

    How can I become a "magic negro"?
    Do you remember Rock & Roll Radio?
  • MrBrianMrBrian Posts: 2,672
    fanch75 wrote:
    I asked this in another thread, but no one has helped me out.

    How can I become a "magic negro"?

    hmmmm, learn majic and turn black?
  • inmytree wrote:
    I was talking to my girlfriend about this. She works for a major sub-prime lender, and she told me this is common. She sees people daily who are having trouble paying there rent or mortgage, yet they are on time with their huge car payment...

    Here's one explanation...the very people she sees struggling with the mortgage, but paying for the car, have no business with either...but they're able to get the mortgage b/c sub-prime lenders have been greenlighting high risk, non-verified income, high loan-to-value (95-100% financing) loans to people with piss-poor credit (which is one reason why so many "majors" are have been going bankrupt lately).

    These people can't afford the car or the house or anything else and usually live on credit cards, and since they have little or no vested interest in the house, all they see as a risk in defaulting is credit damage. Even if they stopped paying for the car, they still couldn't pay the mortgage. So they might as well keep the car and stick the bank with the house.
    <a href="http://www.shawnsmithsinger.com">Shawn Smith</a> / <a href="http://www.thebandbrad.com">Brad</a&gt; / <a href="http://www.allhailthecrown.com">All Hail the Crown</a> / <a href="http://www.satchelpartnership.com">Satchel</a&gt;

    (Shawn Smith's official website, but not Thee Shawn Smith)
  • inmytree wrote:
    I was watching the show King of Cars on A&E this weekend...and was stunned to see people buying new cars with payments of 600 to 800 bucks a month...I was talking to my girlfriend about this. She works for a major sub-prime lender, and she told me this is common. She sees people daily who are having trouble paying there rent or mortgage, yet they are on time with their huge car payment...

    this is insane to me....I know it's nice to have a "new" car, but to pay so much for something that does nothing but lose value is just plain stupid...

    It seems people have their priorities mess-up....for me, I see a car/vehicle as something that gets me to point A to B...the last the vehicles I bought were 1200 and 2500. Granted, I've put some money into them due to age and worn parts (I'm doing a lot of my own work, too), but it's nothing compared to paying 800 a month for something that's going to need work and maintenance anyway....

    Pimp my ride dude.
    one foot in the door
    the other foot in the gutter
    sweet smell that they adore
    I think I'd rather smother
    -The Replacements-
  • My3rdEyeMy3rdEye Posts: 927
    know1 wrote:
    I agree. You should only buy used cars and you should only pay in cash.

    Whether you can afford it or not, the gigantic hit that you take in depreciation almost immediately just makes very poor financial sense to truly consider buying a new vehicle.

    (Just watch as I get bashed for these opinions.)

    I completely agree. I'm one of the idiots bought a brand new ford explorer back in 02. $533 a month... I wanted to shoot myself every month when I wrote that payment out.

    Cars are worthless. The most expensive disposable item created.

    Fortunately I was paying no interest.
  • inmytreeinmytree Posts: 4,741
    pjny wrote:
    Here's one explanation...the very people she sees struggling with the mortgage, but paying for the car, have no business with either...but they're able to get the mortgage b/c sub-prime lenders have been greenlighting high risk, non-verified income, high loan-to-value (95-100% financing) loans to people with piss-poor credit (which is one reason why so many "majors" are have been going bankrupt lately).

    These people can't afford the car or the house or anything else and usually live on credit cards, and since they have little or no vested interest in the house, all they see as a risk in defaulting is credit damage. Even if they stopped paying for the car, they still couldn't pay the mortgage. So they might as well keep the car and stick the bank with the house.

    I hear ya, but it just makes no sense to me...

    unless one wants to live in their car...
  • SPEEDY MCCREADYSPEEDY MCCREADY Posts: 25,886
    know1 wrote:
    Because of my outdoor pursuits of camping, kayaking and boating, it's a 6-cylinder Jeep Cherokee. I'd plan on buying something similar in the future.
    ok...

    there are some of us who feel spending $18,000 on a 2-3 year old car is just plain fucking ridiculous......

    to each their own though....
    Take me piece by piece.....
    Till there aint nothing left worth taking away from me.....
  • mammasanmammasan Posts: 5,656
    ok...

    there are some of us who feel spending $18,000 on a 2-3 year old car is just plain fucking ridiculous......

    to each their own though....

    Couldn't agree more.
    "When one gets in bed with government, one must expect the diseases it spreads." - Ron Paul
  • know1know1 Posts: 6,794
    ok...

    there are some of us who feel spending $18,000 on a 2-3 year old car is just plain fucking ridiculous......

    to each their own though....

    Count me as one of them. I didn't say that's what I would spend. I said that's what I would HAVE at the end of that time making a payment to myself.

    I bought the last one for just under $10K.
    The only people we should try to get even with...
    ...are those who've helped us.

    Right 'round the corner could be bigger than ourselves.
  • fanch75fanch75 Posts: 3,734
    My3rdEye wrote:
    I completely agree. I'm one of the idiots bought a brand new ford explorer back in 02. $533 a month... I wanted to shoot myself every month when I wrote that payment out.

    Cars are worthless. The most expensive disposable item created.

    Fortunately I was paying no interest.

    Don't worry, the interest is imputed and built into the price of the vehicle itself. ;)

    That's $32k that will be worthless at the end of five years.

    There's a reason that every "How to build wealth" book says not to buy a brand new car!
    Do you remember Rock & Roll Radio?
  • inmytreeinmytree Posts: 4,741
    fanch75 wrote:
    Don't worry, the interest is imputed and built into the price of the vehicle itself. ;)

    That's $32k that will be worthless at the end of five years.

    There's a reason that every "How to build wealth" book says not to buy a brand new car!

    right on...

    imagine, for that 32 grand, one could pick up a junker, pretty much replace everything, including the engine and tranny, have it painted, and have money left over...

    and not having any knowledge about cars is a waste of money in itself...it's like having the word "sucker" tattooed on your forehead...

    with the internets and the message boards devoted to vehicles of all shapes and sizes, one can find out how fix a car, or at least what needs repaired prior to dealing with a mechanic...
  • SPEEDY MCCREADYSPEEDY MCCREADY Posts: 25,886
    fanch75 wrote:
    Don't worry, the interest is imputed and built into the price of the vehicle itself. ;)

    That's $32k that will be worthless at the end of five years.

    There's a reason that every "How to build wealth" book says not to buy a brand new car!
    ok mr. moneymaker.....hehehehehehehehe

    so i should take $15,000 and buy a used car huh????

    or...

    i could take $2000 ...put a downstroke on a car.....get my monthy payments that i can afford......

    take the other $13,000 and put a down stroke on some re-hab property.....

    makes more sense to me....
    Take me piece by piece.....
    Till there aint nothing left worth taking away from me.....
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