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Why do people buy expensive cars?

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  • motorguy
    motorguy Posts: 22,611 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you ever do fancy some driving fun then try joining a local car club or one for your make of car and then go to a track day - you can then take your car for a spin and see what it's really made of.... great fun.

    And ironically you dont even need a whole pile of money to buy a car to do that.

    I'd a fun little Clio 172 last year that i sold on for £1,100. It will spend the remainder of its life as a track car.
  • Tiddlywinks
    Tiddlywinks Posts: 5,777 Forumite
    I've been Money Tipped!
    motorguy wrote: »
    And ironically you dont even need a whole pile of money to buy a car to do that.

    I'd a fun little Clio 172 last year that i sold on for £1,100. It will spend the remainder of its life as a track car.

    Many happy days spent with a 3.0 and then 2.5 Volvo 960 plus a fantastic V70 T5.

    Also Smarts, Mini Cooper S, Defenders.... all money well spent BUT enjoyed.

    Proof that not all cars (even new ones) are just used for commuting and shopping :D.
    :hello:
  • palgrave
    palgrave Posts: 95 Forumite
    Remind me of a situation between two mates. One was a corporate accountant earning very good money and drove an Audi A4 base spec. The other, who owns his own business and who also earns a very good income bought a Nissan sports car for around £55k. The accountant mate who isn't so into cars was absolutely flabbergasted on kept on saying how anyone can spend that much on a Nissan. His perceived value of a car seems to be getting from A to B, doing it cheaply as possibly while still having a flash badge. The other mates perceived value of a car was around performance and having fun, something the accountant couldn't understand
  • AndyMc.....
    AndyMc..... Posts: 3,248 Forumite
    1,000 Posts Combo Breaker
    palgrave wrote: »
    Remind me of a situation between two mates. One was a corporate accountant earning very good money and drove an Audi A4 base spec. The other, who owns his own business and who also earns a very good income bought a Nissan sports car for around £55k. The accountant mate who isn't so into cars was absolutely flabbergasted on kept on saying how anyone can spend that much on a Nissan. His perceived value of a car seems to be getting from A to B, doing it cheaply as possibly while still having a flash badge. The other mates perceived value of a car was around performance and having fun, something the accountant couldn't understand

    So it was your mate who owned the gtr?
  • motorguy
    motorguy Posts: 22,611 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Many happy days spent with a 3.0 and then 2.5 Volvo 960 plus a fantastic V70 T5.

    Also Smarts, Mini Cooper S, Defenders.... all money well spent BUT enjoyed.

    Proof that not all cars (even new ones) are just used for commuting and shopping :D.

    I've an S40 2.5T T5 at the minute! Great car.

    Where we live theres lots of fast country roads - we live just off one of the road circuits used for motorbike road racing here in Northern Ireland, and its a real hoot to drive it in the right car.
  • motorguy
    motorguy Posts: 22,611 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 14 April 2017 at 5:03PM
    Just back to the original question - and to add to it - "expensive" cars dont need to be "expensive".

    I just sold my Boxster today and got slightly more for it than i paid for it last year. Other than tyres - my choice to replace them - the only other expense was a number plate light lens which i got off ebay.

    I've no doubt a same priced Ford Focus would have dropped £,£££s in the same timeframe.
  • prosaver
    prosaver Posts: 7,026 Forumite
    Part of the Furniture Combo Breaker
    In Germany some part of the motorway have no speed limit, that would be fun .
    Should try that motorguy.
    “Life isn't about finding yourself. Life is about creating yourself.”
    ― George Bernard Shaw
  • AndyMc.....
    AndyMc..... Posts: 3,248 Forumite
    1,000 Posts Combo Breaker
    prosaver wrote: »
    In Germany some part of the motorway have no speed limit, that would be fun .
    Should try that motorguy.

    Where's the fun in a straight line?
  • Robisere
    Robisere Posts: 3,237 Forumite
    Ninth Anniversary 1,000 Posts Photogenic Combo Breaker
    During my time in BAOR in the 60's & 70's, I had quite a few cars. The very best was a Capri 3.1 RS, which I loved to distraction. I bought it with a great windfall: a massive Poker win. One of my German mates was a Rally driver and fixed me a drive around the Nurburgring as a birthday treat! I really enjoyed chucking that RWD monster around the circuit: found out later that the insurance cost over twice as much as the price of the drive. In return for that treat, I took mein kamerad around the UK for a two week holiday. I saw it as a very fair exchange.

    I experienced an Adrenalin overdose, shaking at the wheel when I drove off the Ring and into the Pits. There was a very persistent guy who wanted the car, bought it for more than I paid for it, only sold it because I was leaving Germany and the Army and it was LHD.
    I think this job really needs
    a much bigger hammer.
  • Kim_kim
    Kim_kim Posts: 3,726 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    Probably on finance or leased.

    Why the snobbery with buying a car on finance?

    I bought my car brand new on finance (not PCP, just regular ordinary repayments - so at the end of the term it was paid off).

    It's all paid for now, so whether I'd paid upfront or paid my payments, it's all bought & paid for now.
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