When is it financially acceptable to buy a dream car?

rossi143

You can just offer it on again on the off chance that you have to. Yet it will be to a great degree uncommon for it to be a financing !

sabretoothtigger

When is it financially acceptable to buy a dream car?

When you can get a fixed interest rate deal that might just nullify the depreciation should inflation rise.

I dont often see them but its not impossible it could be a smart thing to do. 5 year fix rate, usually it requires a hefty deposit which is not really it.

Or take another scenario, after Rover went broke. It was possible to buy a new car, at a cheap rate (as theres no manufacturer so no warranty from them). 6 months later the cars had risen in price. When is it ok, when it turns a profit

I know of someone on another forum. Owns a Ferrari F40, he says since he bought the cars they have risen in price so much, even with petrol and maintenance he is in profit

Archi_Bald

Seriously, is this thread still going with discussions about cars? If so, grow up boys.

mike88

I've had some relatively fancy cars in my time but now realise (depreciation, servicing and insurance costs aside) what a huge mistake it was. The main problem with a fancy car is that you are afraid to leave it anywhere for fear of it being stolen, scratched or vandalised.

I now drive a 7 year old car; I can leave it anywhere and enjoy my evening without worrying about it. If it gets damaged or stolen then who cares. I spend nothing on it not even servicing except for a periodic oil change as the annual MOT tells me it is safe.

This is not a state of mind that I could have had with anything decent when I constantly wondered whether it was OK when parked anywhere but home.

Porcupine

Archi_Bald wrote: »

Seriously, is this thread still going with discussions about cars? If so, grow up boys.

FYI...
http://www.telegraph.co.uk/finance/alex/?cartoon=10842167

lawriejones1

I always wanted a nice classic car, so I toyed with the idea and ended up investing a couple of grand in a Jaguar XJ6. It drank through petrol, cost a fortune and made me smile every day I got to drive it. It was also wonderful turning up to pick up girls for dates.

In the end, it was impractical and so I want for hot-hatches, and now drive a Golf V5, which is plenty sport enough (and fast) but not expensive at all to run.

A lot of the time an expensive car is an encumbrance and a money pit. You also don't get a chance to enjoy it for what it is.

I'd suggest getting a decent old school Golf, tuning it up and then using it on some track days where you get a chance to really hammer it.

Or get a job in The City.

kteara

The cars I'm aspiring to get are a wide range but include: Toyota Supra, Porsche 911 Turbo, RS4, 458 Italia, Nissan GTR. I'd be happy with any of those.

kteara

Archi_Bald wrote: »

Seriously, is this thread still going with discussions about cars? If so, grow up boys.

Many females will just simply never understand.

ermine

When is it financially acceptable to buy a dream car?

If you feel the need to ask the question, the time is not now

lennyaitken

Hmm interesting, if I were you I would buy the house in the first place and go for a less expensive car for now. Then over the time I can sell the existing car or the house which will lead me to buy the dream car. However we cannot always do things according to financial health, so if you can afford the car and if it is something you have been dreaming, then go for it