Well, before now, loans were more like 0-2% because those people have great credit and pay less for loans. Also, broad market ETFs are what you need to look into. They will typically(typically, not this year though) make between 7-10% a year and you don’t need to pick individual stocks. Individual stocks have made me…

Yes, this exactly! GF and I make close to $300k combined and $500+/mo payments make us cringe. Making more money doesn’t mean spending equivalently on all of life’s necessities, it means more security if shit hits the fan, but only if you didn’t spend it all on monthly payments in the first place. 

Because a lot of people DON’T make that much money and are trying to flex.

LOL

I think you are ignoring basic financial accounting and planning. No one in their right might would ever consider a car an appreciating asset, even in todays market. You might luck out and cash in at the right time to make it SEEM like an appreciating asset, but overall, it is not, it is a gamble at best.

And all I am saying, is if you count on them to be an appreciating asset, you are gonna be sorry. A temporary increase in value does not change what an asset inherently is. If you start to think it is not a depreciating asset, you are going to make decisions based on that and that is not a good idea. This market could…

Still, none of what you said changes why cars are a depreciating asset, you are just explaining how you may have lucked out slightly in this weird time. Don’t expect to do it again in a year or so. 

If you plan to keep the car for more than a year, yes it is still a depreciating asset. Unless you capture that rise in value NOW, it is only going to go back down in a years time or so and most people keep cars for 3+ years. And if you DO capture that rise in value now, you are just going to need to buy another…

I don’t think you are an outlier. I feel like a lot of the people who spend $1000/mo on a car are the people who make less than us but are trying to show off.

That is not at all what I said, I said I cringe at car payments over $500. Never said I don’t understand people spending more than that.

GF and I make north of $250k a year and still cringe at car payments over $500/mo. Such a waste to spend more than that on a depreciating asset, but at this point it seems like the bare minimum to get into a decent car. 

LMAO, not even close to the same arguments. Those things massively improved cars and reliability, side view cameras only add cost and MANY downsides from traditional mirrors. Tech has it’s place in a lot of areas, but nor side view mirrors at this point in time.

Not just my take, many other have mentioned it, but just a few issues are less crisp image, no reflection for light to bounce off and instead it is just an always on light source, they are much easier to get dirty and become useless/blurry(think about your backup cam with just a little snow/salt/dirt covering it),…

I guess my judgement is from being a kid in grandpa’s Lincoln, haven’t sat in one for years so maybe my mid 30's back would have other opinions today LOL

I hope the US never allows camera side mirrors. It is just not worth the small energy savings to have arguably worse in every way mirrors. Only time I want a camera for a mirror is the center rear view mirror because a lot of back windows on cars are becoming unusable due to thick pillars or rear head rests in the way.

Any luxury car from the 70-90's with the plush pillow top seats, basically a living room couch shoved into a Lincoln or Cadillac.

Honestly, considering good examples of this gen MR2 are going for $12-20k I think this is a good deal and personally, I think this kit looks legit! It needs lowered like 1.5 inches though. The SMT in these was always garbage. Manual swap it for $1500 and you are good to go! Or better yet, toss a 2ZZ in there with the…

IDK man, seems like most states will let you drive whatever size you want as long as it is not used for commercial purposes.

Seriously, the proper procedure for fixing this recall is a swift smack to the owner and their keys taken away because they are clearly not fit to own a vehicle like that. Still amazes me literally anyone with a license can buy and drive a 40ft house on the road.

I was just at one the other day and used the built in in-bed speaker system in my Ridgeline for the first time and that is the way to go! Put some cushions and blankets in the bed and you are set. I’m sure it is only stereo, but it is “surround sound” if you are in the bed. I can’t think of any other time I will ever…