Since you came up here... looking at a J80 Land Cruiser... got a good link for a quick buyers guide?

I didn't. A post was made about car loans. I made a statement that saying as long as you stay within your means, car loans are fine. Then I was challenged that you have a secured asset against that loan. I said, no, for a large part of the loan life, your asset has depreciated too fast and you are underwater. And…

In the dark they don't look bad.

I didn't notice they were salvage titles (quick searching will do that). I found some other's for you though...

I'm not arguing about any of that shit. I'm simply arguing the fact that new cars depreciation at an alarming rate.

Well fuck, I didn't notice that. They were litterally the first vehicles that fit his bill with the addition of the VW. Back to the drawing board.

Yeah, you've got the asset paid. It only cost you 100%. So, you now have ~$10,000 worth of asset, that cost you over $20,000 to get.

Oh... you're one of those guys. Did you miss the Toyota 4Runner that is an SUV. Or how about that Ford F150 pick-up. Or that Honda Civic?

Well, the barbecues can get pretty rowdy...

This thing is insane...

In four years, nearly $15,000 of depreciation. (~55% lost)

An asset that depreciates at an alarming rate. They are underwater for a large portion of the loan. Which is fine if nothing goes wrong. If shit hits the fan and you can't make payments and need to get out from under the loan, you are on the hook for all the rest.

6.) William Tecumseh Sherman

Well, living within your means is a good reason. Unless you are talking about reasonable loans and such, then that's fine. The thing that is bad is people borrowing money when they can't afford to do so.

Neutral: How Long Will You Keep Your Car? Does it feel old already?

I'm sure there is an override, but I'm not too trust worthy of just a parking brake. I like to leave it in gear as well when I park.

The XR1200 was pretty cool too.

So they are building G-Wagens?