Just noticed how young everyone is on here ;-)
#121
Originally Posted by Comp-Sci
To wackura, you seem to think that you have the ideal situation worked out, and everybody should conform to this. We all have different priorities in life!
I do realize they make Honda Civics. In fact I looked at them when I was shopping for my car. I even looked at Pontiacs. But at some point I'll have a family, a house, and many more expenses at which point I may not be able to afford such a nice car so I decided to splurge and get a nicer car now. That was my decision.
You also talk about depreciation - not really a concern for me. I plan on driving this car until it's dead and don't care what sort of value, if any, it has when I'm done with it. Like I said, we all have different priorities... this is the way I've chosen. I'm not asking you to agree with it, but please respect that everybody does things differently, and we all have different plans.
I do realize they make Honda Civics. In fact I looked at them when I was shopping for my car. I even looked at Pontiacs. But at some point I'll have a family, a house, and many more expenses at which point I may not be able to afford such a nice car so I decided to splurge and get a nicer car now. That was my decision.
You also talk about depreciation - not really a concern for me. I plan on driving this car until it's dead and don't care what sort of value, if any, it has when I'm done with it. Like I said, we all have different priorities... this is the way I've chosen. I'm not asking you to agree with it, but please respect that everybody does things differently, and we all have different plans.
You said "But at some point I'll have a family, a house, and many more expenses at which point I may not be able to afford such a nice car." The funny thing is that if you were smart with your money now that problem might not exist later. You are predicting that will be as bad with money then as you are now, and I don't know what your career plans are but you can certainly do better than $40k through any number of avenues.
If you had bought a $15k car rather than a $28k (or so) car then that $13k difference would be there waiting for you in a few years to help with a downpayment for property which increases in value instead of losing it. You have no ability to delay gratification, and you will suffer for it later. It's as simple as that.
#122
Originally Posted by davidspalding
Wack, back down on the snarky judgment, eh. Diff'rent users have diff'rent living situations and strategies. We don't get to vote on if these are the "right" priorities for strangers.
#123
Instructor
Join Date: Sep 2007
Location: Colorado
Age: 40
Posts: 150
Likes: 0
Received 0 Likes
on
0 Posts
I never drove "nice" cars when i was in college. But when i got done I got myself a used TSX while my other friends were spending all their money on M3's and S4's. But then I would rather have a house then a M3...
House + TSX > M3
House + TSX > M3
#125
Instructor
Join Date: Oct 2006
Location: Hamilton, Ontario, CANADA
Age: 37
Posts: 124
Likes: 0
Received 0 Likes
on
0 Posts
Wackura, I don't want to further hijack this thread with our discussion. If you're really that interested in carrying on a conversation, pm me and we can continue on this topic. Otherwise, good day sir.
#126
Drifting
Join Date: Aug 2007
Location: Pittsburgh, PA
Age: 46
Posts: 2,548
Likes: 0
Received 5 Likes
on
5 Posts
Lol at wackura. I guess since I was still (half assedly) still in school and generally just fucking around with my life at 25 I'm screwed forever then. Hah!
Get off your high preachy ass horse there. There's more paths through life than the perfectly straight one you've chosen. I've made my fuck ups but god damn, they were fun. Amazingly, I'm living pretty damn well. Shouldn't I be in a van down by the river by now?
Get off your high preachy ass horse there. There's more paths through life than the perfectly straight one you've chosen. I've made my fuck ups but god damn, they were fun. Amazingly, I'm living pretty damn well. Shouldn't I be in a van down by the river by now?
#127
I don't think it's off topic since obviously young people having a TSX easily involves unwise spending if they aren't self made business men or receiving the car as a gift. I would PM you but that would exclude the chance that somebody else could reply. I'm addressing your scenario but anyone can comment.
#128
Originally Posted by LukeaTron
Lol at wackura. I guess since I was still (half assedly) still in school and generally just fucking around with my life at 25 I'm screwed forever then. Hah!
Get off your high preachy ass horse there. There's more paths through life than the perfectly straight one you've chosen. I've made my fuck ups but god damn, they were fun. Amazingly, I'm living pretty damn well. Shouldn't I be in a van down by the river by now?
Get off your high preachy ass horse there. There's more paths through life than the perfectly straight one you've chosen. I've made my fuck ups but god damn, they were fun. Amazingly, I'm living pretty damn well. Shouldn't I be in a van down by the river by now?
#129
Pink Domo
Originally Posted by wackura
Several people in the mid to late 20's have responded, I don't consider this to be young because by the time you hit 25 you should have a reasonably decent car payed off that you could use as a trade in or private sale to contribute to a TSX or whatever. A TSX is priced similar to a fully loaded Accord, which isn't priced beyond the general population's reach.
You live with your parents?
?
Your priorities are inverted.
You live with your parents?
?
Your priorities are inverted.
So I can't voice my opinion or experience? The OP commented about people in their 20's owning a $30K car.
My priorities are not inverted - I happen to live in a high cost-of-living area. I'm living with my parents so that I can save money to buy a place. I think if I can buy a place in the SF/Peninsula on my own before I'm 30, I think I'm doing pretty okay.
Secondly, I didn't have anything to trade in as this was my first car purchase. Sure, I could've purchased a Civic or basic Accord but the TSX had everything I was looking for, especially since I'm keeping my car for 10+ years.
Why the hell am I even defending any of this?!
I'm sorry I didn't follow your "right" plan for doing things. I didn't know the TSX should be owned by people who have already purchased houses and whatnot who have their priorities straight.
#131
Originally Posted by manda
What's your problem sweetie?
My priorities are not inverted - I happen to live in a high cost-of-living area. I'm living with my parents so that I can save money to buy a place. I think if I can buy a place in the SF/Peninsula on my own before I'm 30, I think I'm doing pretty okay.
Secondly, I didn't have anything to trade in as this was my first car purchase. Sure, I could've purchased a Civic or basic Accord but the TSX had everything I was looking for, especially since I'm keeping my car for 10+ years.
I'm sorry I didn't follow your "right" plan for doing things. I didn't know the TSX should be owned by people who have already purchased houses and whatnot who have their priorities straight.
My priorities are not inverted - I happen to live in a high cost-of-living area. I'm living with my parents so that I can save money to buy a place. I think if I can buy a place in the SF/Peninsula on my own before I'm 30, I think I'm doing pretty okay.
Secondly, I didn't have anything to trade in as this was my first car purchase. Sure, I could've purchased a Civic or basic Accord but the TSX had everything I was looking for, especially since I'm keeping my car for 10+ years.
I'm sorry I didn't follow your "right" plan for doing things. I didn't know the TSX should be owned by people who have already purchased houses and whatnot who have their priorities straight.
Of course you and everyone else have every right to spend your money however you want, but why do you and others get upset when someone tells you like it is? Does the truth that you can't control your impulses hurt your brain?
#132
Originally Posted by LukeaTron
Passing judgment on complex issues with only tiny sliver of information is what this forum is for?
Well now I know.
Well now I know.
#135
Make a hole, coming thru!
Originally Posted by wackura
People are acting like they'll be dead in a few years and that they're materialistic desires must be fulfilled rigth now. If they like nice things now I assure you they will still like nice things in five or ten years, and they will constantly be chasing their tails if they only donate to their entertainment fund.
And when I say "younger folk," I'm snickering,... from where I'm sitting, you are the younger folk, too.
So all I'm suggesting is a little humility, and respect others' life choices.
Okay, I'm done thumpin' my cane on the porch from my rockin' chair.
Manda, I'll applaud you for having a clear strategy. You've got moxie for trying to buy a home in the SF Bay Area, I left a few years ago so that I could just do that elsewhere (and have, twice now). Getting into home ownership out there is scary. Keeping the car (getting one that ought to last 20 years) is a good idea. I bought my last car to keep for 10 (financed for 5), and just sold it 9 months after its 20th birthday (and it still looked great, woot!). The TSX is a relatively new model, so I'm hoping that this one'll last 10-20 as well.
#136
A lot of people are in denial about their reckless spending and take comfort in knowing others will look the other way as they succumb to all the marketing and gorge on excess. Don't be such cowards.
#138
Poser / Fanboi
Join Date: Aug 2006
Location: Denver
Age: 53
Posts: 441
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by wackura
A lot of people are in denial about their reckless spending and take comfort in knowing others will look the other way as they succumb to all the marketing and gorge on excess. Dont be such cowards.
Try to step back and get some perspective on this...
You are harping on 20-somethings for buying a $28k car that is a known great value (Hondas last forever) and gets reasonably good gas mileage. Sure, that's expensive for some of them, but not for others. So, "reckless"? Probably not for many of them.
Sure, they would technically and undoubtedly do better in the long run if they bought something cheaper and invested the other money in a non-depreciating asset, but logic does not drive all decisions. Cars especially have an emotional component in the decision making process. Is that good? Well, it doesn't always make financial sense, but... Does everything you do make financial sense? Wouldn't you do better too? Why didn't you by a cheap-ass car? Why don't you ride your bike, I mean, come on, think of all the money you would save!
I would agree with you more if their spending was reckless and implied financial impacts such as bankruptcy (such as that recent case in other posts) that cost us all money. But that does not seem to be the case for most here.
With regard to "gorge on excess": uh, are we taking about the same car here? I mean... we drive a European Accord with leather... we're not talking about a $300k Bentley. Sure, it's a lot nicer than basic transportation (Smart Car, perhaps? Honda Scooter? Bicycle?), but for real impact try taking your argument to the 18-year olds who drive RS4s or other $80k sports sedans (or even $50k sports sedans: M3, IS-F, etc) that daddy bought and who whine about how they aren't fast enough, how they wish daddy had bought them the Gallardo, etc...
The TSX does not "excess" make... especially if you're buying it because you plan to keep it for its lifetime.
And... "coward"? What exactly are you doing to curb anti-consumerism and "gorging on excess" other than bitching about it on this site? And how much bravery exactly does that take? Not much. If you are taking other actions they might be brave. But what you're doing here is effortless and minimal. If you do indeed do more I applaud you, but your efforts here at advocating your point of view are not winning many converts.
#139
Cruisin'
Join Date: Jun 2008
Location: Orange Park
Age: 39
Posts: 21
Likes: 0
Received 0 Likes
on
0 Posts
I'm 22 and i fully paid off my 2006 TSX, The price of the vehicle is only a little less than a 3rd of my earnings, I think it's only then it's reasonable to buy a tsx. otherwise i think if you love the tsx so much it would be priority to get it even if it isn't logical
#140
Originally Posted by bluefang08
I never drove "nice" cars when i was in college. But when i got done I got myself a used TSX while my other friends were spending all their money on M3's and S4's. But then I would rather have a house then a M3...
House + TSX > M3
House + TSX > M3
I would rather have a house than any car, no matter how nice. Hell, I would even give up my TSX.....maybe.
#141
CL9 ABP
iTrader: (1)
Join Date: Feb 2005
Location: Commack, Long Island -> Queens NY
Age: 37
Posts: 4,528
Received 245 Likes
on
112 Posts
I have to say i was probably one of the youngest when i got my 05. Went to an acurazine meet back in march 2005.
My car was an early graduation gift from my parents since I was attending University at Buffalo about 450 miles away from Long Island, NY.
My car was an early graduation gift from my parents since I was attending University at Buffalo about 450 miles away from Long Island, NY.
#142
Originally Posted by hunterk1
...Why didn't you by a cheap-ass car? Why don't you ride your bike, I mean, come on, think of all the money you would save!...The TSX does not "excess" make... especially if you're buying it because you plan to keep it for its lifetime.
And... "coward"? What exactly are you doing to curb anti-consumerism and "gorging on excess" other than bitching about it on this site? And how much bravery exactly does that take? Not much. If you are taking other actions they might be brave. But what you're doing here is effortless and minimal. If you do indeed do more I applaud you, but your efforts here at advocating your point of view are not winning many converts.
And... "coward"? What exactly are you doing to curb anti-consumerism and "gorging on excess" other than bitching about it on this site? And how much bravery exactly does that take? Not much. If you are taking other actions they might be brave. But what you're doing here is effortless and minimal. If you do indeed do more I applaud you, but your efforts here at advocating your point of view are not winning many converts.
Advertising and peer pressure have made living on credit a socialy acceptable and applauded life style. The idea that warning people against stupid spending is therefor uncool, and very few people bring up the subject out of fear for of looking like a prude. That's cowardous. And yes, I am pro-active, I bake cookies for people who save money.
#145
05 Crew
Join Date: Apr 2006
Location: Penn State
Age: 35
Posts: 58
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by lcrazyaznl
I have to say i was probably one of the youngest when i got my 05. Went to an acurazine meet back in march 2005.
My car was an early graduation gift from my parents since I was attending University at Buffalo about 450 miles away from Long Island, NY.
My car was an early graduation gift from my parents since I was attending University at Buffalo about 450 miles away from Long Island, NY.
I'm almost 19 in my second year of college now, with the same TSX..... with minor modifications
#147
Make a hole, coming thru!
Originally Posted by iVTECdailyy
I think I beat you to it. I got mine 2 weeks after I passed the Pennsylvania permit test.....
#149
Pink Domo
Originally Posted by wackura
You haven't payed attention. All of my posts are in regard to two specific financial equations where a $30K car is an unreasonably large burden on their budget. One person claimed that a TSX is easily affordable with an income of $40k a year, another person bought a TSX with no trade in while attempting to save for a house in the bay area. Your criticism is out of context.
I purchased my car knowing that it will last me over 10 years. I feel in that respect, the enjoyability and reliability, was worth the money. And FYI, I have a nice down payment for a house socked away and lookie, I'm nearly done paying off my car. OMG, the grand plan was off by 2 whole years. I'm screwed for life now. Was the 2 years worth it for the experiences I enjoyed? To you, you can look down on me and say no. IMO, it was worth it. I refuse to work myself to death and not have a few pleasures in life.
Wackura, you can say what you want to say - I don't fully disagree with you on the saving aspect, but don't judge others when you don't have the full picture. Have fun sitting back and criticizing others!!!
I think I'm done with this thread.
#150
Make a hole, coming thru!
Originally Posted by manda
I think I'm done with this thread.
#151
Drifting
Join Date: Aug 2007
Location: Pittsburgh, PA
Age: 46
Posts: 2,548
Likes: 0
Received 5 Likes
on
5 Posts
^^^ Lol. I think I hate the way NPR tries to make me feel guilty about not giving them money more than I do the advertisements on commercial stations. The only reason NPR might have an edge is because they dedicate less time to the pledge drives than other stations do to the commercials. Anymore though it seems like there's a drive more often than not. I've found myself driving with radio off more often than not as a result.
#152
Originally Posted by manda
Again, you're going on a lot of assumptions and imposing your priorities on others. How many people in their early 20s are ready to purchase a home without knowing what they are going to be doing in 5 years? Some are, some aren't. There are a ton of factors that you're NOT accounting for (ie, moving back home to care for a sick relative, considering going to graduate school). What if you wanted to enjoy life (however that may be) just a little before settling down and having more responsibliities?
I purchased my car knowing that it will last me over 10 years. I feel in that respect, the enjoyability and reliability, was worth the money. And FYI, I have a nice down payment for a house socked away and lookie, I'm nearly done paying off my car. OMG, the grand plan was off by 2 whole years. I'm screwed for life now. Was the 2 years worth it for the experiences I enjoyed? To you, you can look down on me and say no. IMO, it was worth it. I refuse to work myself to death and not have a few pleasures in life.
Wackura, you can say what you want to say - I don't fully disagree with you on the saving aspect, but don't judge others when you don't have the full picture. Have fun sitting back and criticizing others!!!
I think I'm done with this thread.
I purchased my car knowing that it will last me over 10 years. I feel in that respect, the enjoyability and reliability, was worth the money. And FYI, I have a nice down payment for a house socked away and lookie, I'm nearly done paying off my car. OMG, the grand plan was off by 2 whole years. I'm screwed for life now. Was the 2 years worth it for the experiences I enjoyed? To you, you can look down on me and say no. IMO, it was worth it. I refuse to work myself to death and not have a few pleasures in life.
Wackura, you can say what you want to say - I don't fully disagree with you on the saving aspect, but don't judge others when you don't have the full picture. Have fun sitting back and criticizing others!!!
I think I'm done with this thread.
#153
Poser / Fanboi
Join Date: Aug 2006
Location: Denver
Age: 53
Posts: 441
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by Wackura
You haven't payed attention. All of my posts are in regard to two specific financial equations where a $30K car is an unreasonably large burden on their budget. [...] Your criticism is out of context.
Originally Posted by Wackura
A lot of people are in denial about their reckless spending and take comfort in knowing others will look the other way as they succumb to all the marketing and gorge on excess.
Originally Posted by Wackura
People are acting like they'll be dead in a few years and that they're materialistic desires must be fulfilled rigth now.
No, here (and IIRC in other posts) you are proclaiming then railing against what you perceive as the evils of wider society, not just against specific examples. That's fine, this is a forum, do what you want - but, If you are indeed attempting to advocate financial restraint, remember as in all things, honey attracts more flies that shit. You've got your financial opinion, and it's better than that, since you can (surely) back it up with numbers - but IMO you're being very pompous and self-righteous about it. And when other people call you on it, you call them cowards? For what? For not being a ranting loony on a forum?
I don't disagree with many of the points you are trying to make. I just think you could make them better, in ways that people would be more prone to listen.
Originally Posted by wackura
Advertising and peer pressure have made living on credit a socialy acceptable and applauded life style. The idea that warning people against stupid spending is therefor uncool, and very few people bring up the subject out of fear for of looking like a prude. That's cowardous. And yes, I am pro-active, I bake cookies for people who save money.
And... cookies? Yeah, that's definitely going to make a big impact.
Anyway. I hope I'm also done. I've gone off-topic far enough...
#154
Originally Posted by davidspalding
No, you're just done with Wackura. He goes on and off my ignore list like NPR pledge drives, it's a cyclical thing. Stick around, please.
#155
Originally Posted by manda
Again, you're going on a lot of assumptions and imposing your priorities on others. How many people in their early 20s are ready to purchase a home without knowing what they are going to be doing in 5 years? Some are, some aren't. There are a ton of factors that you're NOT accounting for (ie, moving back home to care for a sick relative, considering going to graduate school). What if you wanted to enjoy life (however that may be) just a little before settling down and having more responsibliities?
I purchased my car knowing that it will last me over 10 years. I feel in that respect, the enjoyability and reliability, was worth the money. And FYI, I have a nice down payment for a house socked away and lookie, I'm nearly done paying off my car. OMG, the grand plan was off by 2 whole years. I'm screwed for life now. Was the 2 years worth it for the experiences I enjoyed? To you, you can look down on me and say no. IMO, it was worth it. I refuse to work myself to death and not have a few pleasures in life.
Wackura, you can say what you want to say - I don't fully disagree with you on the saving aspect, but don't judge others when you don't have the full picture. Have fun sitting back and criticizing others!!!
I think I'm done with this thread.
I purchased my car knowing that it will last me over 10 years. I feel in that respect, the enjoyability and reliability, was worth the money. And FYI, I have a nice down payment for a house socked away and lookie, I'm nearly done paying off my car. OMG, the grand plan was off by 2 whole years. I'm screwed for life now. Was the 2 years worth it for the experiences I enjoyed? To you, you can look down on me and say no. IMO, it was worth it. I refuse to work myself to death and not have a few pleasures in life.
Wackura, you can say what you want to say - I don't fully disagree with you on the saving aspect, but don't judge others when you don't have the full picture. Have fun sitting back and criticizing others!!!
I think I'm done with this thread.
I can appreciate the concept of having fun before "settling down and having responsibilities", but that usually means going on European back packing adventures or partying until the sun comes up, reasonable things you can't do if you have children. I don't personally believe buying an overly nice sedan qualifies as an activity dependant on youth, but to each their own I guess. You're paying more for your car now so that you will have to borrow more for your house later.
An aside, for all the people who claim they'll keep their 1G for 10 years, I find it hard to believe they will follow through on this plan for several reasons a) you must like new cars b) if you are capable of tolerating worn cars you could have bought CPO for cheaper c) you're willing to submit a portion of your income for a nice car now, why won't you be willing to later, especially when you have a car to trade-in? If a person wants an old car there's no reason to wait, you can buy one at any time.
#156
Originally Posted by hunterk1
Actually I have paid attention, and no, my comments are not out of context. I find it difficult to believe that
applies to two people - particularly these two individuals who, while they have perhaps not exercised the greatest financial restraint, are not examples of wanton reckless spending. Give me a break.
...
I don't disagree with many of the points you are trying to make. I just think you could make them better, in ways that people would be more prone to listen.
applies to two people - particularly these two individuals who, while they have perhaps not exercised the greatest financial restraint, are not examples of wanton reckless spending. Give me a break.
...
I don't disagree with many of the points you are trying to make. I just think you could make them better, in ways that people would be more prone to listen.
Sorry, I'm not a motivational speaker. I don't know how to sugar coat things very well.
#157
Poser / Fanboi
Join Date: Aug 2006
Location: Denver
Age: 53
Posts: 441
Likes: 0
Received 0 Likes
on
0 Posts
I've claimed this so...
True, I like having the opportunity to drive a virgin car (excuse the phrase) and make sure it's well cared for from day zero.
No, because see above. It's a crapshoot if you buy from someone else, I've been lucky and unlucky. As a kid, I drove the new cars my parents drove from day zero, and they made sure were well cared for. I was taught this as a child; now, I do it myself.
No, because I know the best way to recuperate the most out of my rapidly depreciating asset is to drive it into the ground. So I will. Besides, I have a lot of other financial responsibilities now - paying off my house, putting money into a taxable investment portfolio, saving for my daughter's college, saving in a tax-deferred retirement plan (yes I put away 15% of my salary yearly, sometimes much more), saving for a down payment on my daughter's house in 30 years, I could go on...
I'd love to mod my car... but to me, it's not financially advisable since it too is a depreciating investment. A lot of fun things are, unfortunately...
Originally Posted by wackura
An aside, for all the people who claim they'll keep their 1G for 10 years, I find it hard to believe they will follow through on this plan for several reasons a) you must like new cars
Originally Posted by wackura
b) if you are capable of tolerating worn cars you could have bought CPO for cheaper
Originally Posted by wackura
c) you're willing to submit a portion of your income for a nice car now, why won't you be willing to later, especially when you have a car to trade-in?
I'd love to mod my car... but to me, it's not financially advisable since it too is a depreciating investment. A lot of fun things are, unfortunately...
#158
Drifting
Join Date: Aug 2007
Location: Pittsburgh, PA
Age: 46
Posts: 2,548
Likes: 0
Received 5 Likes
on
5 Posts
I think it's cute how all the stuff you're railing against is stuff you're blatantly assuming about people.
The current American culture disgusts you, we get it, hell, I even agree. But to berate people the way you are and tout you viewpoint and so vastly superior is just making you look like a pompous ass. I think you've dug a nice little hole to bury your reputation in as far more than a few members are concerned so I don't see any point in this thread continuing.
The current American culture disgusts you, we get it, hell, I even agree. But to berate people the way you are and tout you viewpoint and so vastly superior is just making you look like a pompous ass. I think you've dug a nice little hole to bury your reputation in as far more than a few members are concerned so I don't see any point in this thread continuing.
#159
Poser / Fanboi
Join Date: Aug 2006
Location: Denver
Age: 53
Posts: 441
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by wackura
No, they're not examples of egregious spending, if only because such spending is so common, but they seem unwilling to even admit that they're current spending will compromise their future goals, and act as if purchasing an entry lux sedan was a "smart" purchase and not an extravagant one. I almost smell a sense of entitlement, like, everyone else has one so why shouldn't I?
I appreciate your logic, but not everyone is that logical.
A TSX isn't a dumb purchase, that's for sure. A smart purchase right now is a Camry Hybrid (IMHO). Not as fun as a TSX but man... easy on gas! I mean, jeez, they could have bought a $30k SUV instead, that would have been dumb! Talk about depreciation!
Extravagant... well I considered the TSX VERY extravagant... but I'm not sure most people do. I like my hair-shirts.
I agree that there is a broad sense of entitlement in the US today. I do not know if it has been around for a long time. Certainly our grandparents (the 'depression generation') did not seem to have it.
Originally Posted by wackura
Sorry, I'm not a motivational speaker. I don't know how to sugar coat things very well.
#160
Originally Posted by LukeaTron
I think you've dug a nice little hole to bury your reputation in as far more than a few members are concerned so I don't see any point in this thread continuing.