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Why do people buy expensive cars?
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So because you live in a cr*p area you think every one else does, I have never yet had a car broken into or vandalised where I live, the only one time I had a car broken into was years ago when on holiday in the Lake District.MatthewAinsworth wrote: »Every car me and my parents have had has either been vandalised at some point or broken into, or crashed into from behind, it's a big fat target for the local yobs that is hard to defend all the time, with less money sitting on the driveway0 -
Because they can.
They like to keep up a certain image with the neighbours even if it means getting into debt for it.0 -
In most cases people do buy expensive cars for show. Many care more about how old a car is and would scorn at any more than 5 years old, even though it might be an expensive sports car.
Me personally, I like buying older cars that were £30k plus when new - generally big cars, fairly powerful, an auto with a proper torque converter (or dual clutch) leather seats etc. Would I pay £40k for a brand new, good spec, Mercedes E Class? Hell no, but I will buy an older (couple of generations earlier) E class less than £5k? Perhaps. I could personally never go back to a small engined, no toys, ecobox. Wouldn't touch these cars with a barge pole now that I'm accustomed to driving "expensive" cars.0 -
In most cases people do buy expensive cars for show. Many care more about how old a car is and would scorn at any more than 5 years old, even though it might be an expensive sports car.
Me personally, I like buying older cars that were £30k plus when new - generally big cars, fairly powerful, an auto with a proper torque converter (or dual clutch) leather seats etc. Would I pay £40k for a brand new, good spec, Mercedes E Class? Hell no, but I will buy an older (couple of generations earlier) E class less than £5k? Perhaps. I could personally never go back to a small engined, no toys, ecobox. Wouldn't touch these cars with a barge pole now that I'm accustomed to driving "expensive" cars.
But you drive a Honda.0 -
And u can't get expensive Honda's?0
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In most cases people do buy expensive cars for show..........
You have evidence to back this up or just an ill-informed generalisation?All matter is merely energy condensed to a slow vibration, we are all one consciousness experiencing itself subjectively, there is no such thing as death, life is only a dream, and we are the imagination of ourselves.0 -
In most cases people do buy expensive cars for show.
Nope. Any we've bought we've done so because they impress us.
Many care more about how old a car is and would scorn at any more than 5 years old, even though it might be an expensive sports car.
Our Boxster is 13 years old. I dont see any point in buying a younger one for what i want it for - a little toy for the weekend.
Me personally, I like buying older cars that were £30k plus when new - generally big cars, fairly powerful, an auto with a proper torque converter (or dual clutch) leather seats etc. Would I pay £40k for a brand new, good spec, Mercedes E Class? Hell no, but I will buy an older (couple of generations earlier) E class less than £5k? Perhaps. I could personally never go back to a small engined, no toys, ecobox. Wouldn't touch these cars with a barge pole now that I'm accustomed to driving "expensive" cars.
So why does YOUR view trump everyone elses? If someone can afford something new and expensive, why are they wrong?0 -
I am a high earner. I have always shunned prestige vehicles. I estimate that I will have at least 5 years of extra retirement because of that choice. It's up to people to decide for themselves how they live their lives though. If people like working and like a certain badge on their car that's up to them.
What if they can do both? Just because your income doesnt permit you do drive a really nice new car AND retire when you want to, it doesnt mean everyone else has those constraints?
Likewise its not an either / or. I know of quite a few people who've bought some very heavy duty Porsches who buy the right model, run it a couple of years and often break even or make money on them. A friend of mine runs an M3. If you buy at the right point in the depreciation curve you can have very little depreciation.
Even something as humble as a Golf GTI. Buy at the right point - say 3 years old and they'll depreciate maybe £1500 a year tops.
And likewise, why spend your life driving around in some euro shitbox only to retire and not be fit to make the most of a car you'd really want?0
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