I’m with you. Tom’s opening line was a demand rather than a request. Yes, he said “please”, but it was still a demand. Also, why not have the year and stock number handy for that initial contact? “Could you send me any info you have on the 2012 black BMW E92 M3, stock number ABCDEFG that you have for sale?” I’m sorry,…

Only a diehard, completely irrational Miata fanatic would argue that the Z-line of Bimmers haven’t been superior to every Miata.

Anybody voting Nice Price needs to do some research on the first generation Freelander. This trucklette holds the trophy for the single most unreliable vehicle of all time. The engine WILL explode, without question. The transmission has a 95% chance of grenading. Most/all parts are Rover sourced, meaning impossible or…

How to make it fun:

Jalopnik always writes these articles explaining how loans work.

People know how loans work.

I don’t think you necessarily have to be “bad at math” to take this deal. This is very different from low payment deals targeted towards the poor who just need to get to work.

OK, so in the world where people buy these kind of vehicles, not everyone makes money by collecting a uniform salary-based paycheck. They could be doing fee-based consulting, be capital gains based, or simply waiting for a trust-fund cash waterfall.

There is probably a 0% chance that the owner will ever get to the payoff part of this loan. Probably not even keep it a year or two. Just like a house, most people never get to the end of their 30-year term before they sell.

... or pay taxes.

Because no one would buy it new so you can buy it used in 15 years.

$3K is a bit much for a rusty car, no matter how interesting it might be. CP

No. Nobody in California gets to even think about complaining about property tax. You know damn well that we have Prop. 13 keeping property taxes scandalously low, which results in huge empty spaces where revenue should be. You want to know why CA schools are so poorly funded? Why big-box stores have enough clout…

As a public service Tracy could have his Jeeps towed to Warren to fill the pothole.

you told your co-workers your birthday?

OK, I am truly concerned for my future. How old do I have to get to consider a 28 y.o. a kid????

I see this repeated over and over again but I’ve never met a Buell rider under 55. They’re sport bikes for the grey haired set.

Clearly he should have turned down the job offer and panhandled on the streets until he had enough money to buy the car, so that he could avoid the $835 in interest payments (laughable, by the way).

This reads like a junior high schooler who just discovered economics. Loans aren’t automatically bad, assuming that the parameters make sense for a given financial situation.

Do people worry about the depreciation on thier phone, computer, laptop, TV, refrigerator, washer/dryer, air conditioner, lawn mower, snow blower, etc...

I can’t get over how phenomenally bad this argument is. You’re not making an argument against car loans. You’re making an argument against buying cars, period. As a rule, non-collector cars depreciate. It’s what they do (in fact you shouldn’t even count on a collector car appreciating unless you really know what…