Dumb things newly rich people do

>that guy who spends 40% of his new fortune on a sports car

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Real rich people either drive hypercars, or volvos.

hes looks indian/pakistani, funny, i live next to area full of them and its funny how alot of them drive £40k+ cars but still live at home with there parents

I'll never be hypercar rich but this is something I'd drive

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> that guy who's rich but doesn't spend anything.

>he doesn’t have a good relationship with his family and gives away a big chunk of his income to his landlord

If they were all buying houses on every block , driving up housing prices, you’d bitch about that more

agreed. my car will only ever be about 1 percent of my net worth max and never over 70K for any reason. i like nice cars but this is not the time to buy them. invest that money. i got rid of my car just to put more money into crypto.

What kind of net worth do you have to have to justify buying a 50k car Jow Forums?

I would have to have at least $1 million, otherwise that's a huge waste. You can get a car that'll last for years for 10k.

I would say minimum 150k salary or 1 million+ net worth not counting equity in your primary residence.

Just buy used. Same car you want that is 3-5 years old will already have depreciated 30-50%

1 mill if you're retarded and like wasting money, 2 mill if you're not retarded and like wasting money

>that guy on Jow Forums who successfully cashed out at the top of the bubble in Dec/Jan and spent most of his gains on a new mac
He still even posts here occasionally to brag about it

Although I wouldn't call that "rich" but you get the point.

>not buying a used Honda Si 1.5T
>not wanting 38 miles to the gallon
>not wanting a fun smooth quick car
>not wanting all the amenities you would need
>for only 25k brand new 200+hp

Luxury goods is a trap to keep plebs out of higher finance.

>Honda Si

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if 40 percent of your "fortune" can only buy you a sports car you are broke.

>not buying limited edition classics on the bottom of their depreciation curve for huge gains in the future

there are multiple ways of making it bruh

this, cars are money pits. funny to see normies go into debt to obtain a depreciating asset. I have enough cash to get something new off the lot but am looking for a 2k shitbox because it's just a utility tbqh

do you pay cash or finance it
I've been having this debate with my dad I say pay it off in cash so you don't need to think about it

also, what does Jow Forums drive?

10+ year old Toyota

I have 1.5m and drive a 2012 ford escape

2007 Honda Civic

We toyota now

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2001 toyota corolla

Why Volvo?

jews mostly drive volkswagen golf

The ultimate INTP car

rich people don't drive you faggot

>I'll never be hypercar rich
low test

>huge gains
Increasing the value 30-50% over the course of a decade isn’t huge gains

Most exotic cars appreciate in value after the initial value drop. Anyone can confirm this by looking up the difference in price between a 10 year old GTR with 100,000 miles and a 10 year old 350z with 100,000 miles

100,000 mile ferrari = 80 grand
100,000 mile mercedes c class = 8 grand

garage queen low mileage collectables
and even then it barely outpaces the markets but atleast you have a cool car

>garage queen low mileage collectables
no
>barely outpaces the markets
the vast majority of car values exponentially deteriorate

you need to get really lucky and most of those cars are like 8-20 years old and aren't as cool as the 2018 models

Unironically

And I have 8 cars total

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>you need to get really lucky
you just have to have the initial investment
>aren't as cool as the 2018 models
You can pay an extra 40% that will be completely pissed away in > 5 years if you want. That's certainly an option. That's not how investors spend their money, though

actually most millionaires drive a prius

toyota yaris

2010 Falcon G6E Turbo.

this

As soon as I make it I will lease a Volvo s90

your mom

sporty cars are really fun to drive. my friend let me use his mercedes e550 for a month while he was away and putting it in sport mode and accelerating was really fun. i don't think i could ever drop that much money on a car myself, but i can definitely see why people buy sports cars

what's the alternative tho? to just keep hoarding money? if you got a couple million you may as well dump a little bit of cash into something fun

Nice projection, cuck

>to just keep hoarding money?
you will never make it

naw i didn't mean cash necessarily. to keep increasing your net worth is what i should have typed

if there's no interest then its always better to finance. you should always be thinking about your money, user.

Yeah, the goal is to get all the money and rule the world.

people who don't obsessively hoard money will never make it

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>friends have sportcars
>get jealous
>then realize they have 15mpg to my 35mpg
lol

what's the point if you're not enjoying any of it?

My car gets 13-14 L/100km and makes 270 kW. Fuel really isn't as expensive as people think.

It's fun seeing the number go up

10% of your fortune is the maximum you should spend on a car
30% of your fortune is the maximum you should spend on a house

every once in awhile some guy will die and leave like a million or two to some local library or shelter or school and itll turn out the guy was just living in some trailer, buying food in bulk and not spending any of his money. some odd ppl out there

Volvo is a Chinese brand now.

2001 Subaru Outback H6

If I ever get to 1 million euros in crypto I will buy one of these

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Way to move the goalposts faggot
If you’re looking for big gains, collecting automobiles is one of the worst ways to do that. You’re looking at a timeframe of 5-15 years and at best you’ll double your investment

brainlet decision imo. those 2 cars serve the same purpose. get one sports car + one car with some practicality. like that porche and a g wagon or something if you actually need to go up mountains/grocery shopping/etc

Kek. Looking back it seems I quoted the wrong person. But holy shit chill out, it was a fun post.

Don't agree with the second part. Going by that logic 95%+ of people living in some expensive cities should be rentcucking.

and thats what most people living in big cities do xD

The bus

'06 E-350

It's comfy

Funnily enough buying a Mac with crypto gains is more than 90% of this board can say for themselves

1991 Volkswagen GTI
2.0L DOHC
Over 300k miles and the fucker still goes. I don't get it.

cars back then were built to last

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Ausfag with the m235i here.

I spent 25% of my crypto gains on the car, yeah not the smartest financial desision i know. But getting to enjoy a nice car when you are 20 years old is pretty awesome.

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You only live once...and that was free money. Fuck, man...enjoy it. The golden bull run comes in Nov anyway.

>The golden bull run comes in Nov anyway.

I hope so. I plan to use ETH to buy a benz or something during the top and leave some salesman holding by bags kek

hahaha lucky you I only plan to buy a nice 4k tv (dont have any at home only a 4k monitor :P) unless is the most massive bullrun ever and we all get to be milionaries

no wife no kids and I'm a shekelberg still
If the golden bull really does come I'll feel like I've made the right decision

I certainly do enjoy it

>benz
women's car, lurk /o/ and get something you will enjoy driving for yourself, dont fall for the luxury show off meme.

Buying Brand Name clothes instead of just buying comfy turtle necks.

Luxury is good, but focus on comfort rather than gimmicks.

My car is just as comfortable and feels just as luxurious as any C-class, but it's far simpler and more durable.

Right, but the vast majority of peope who buy a an apartment for $600k don't have a $2MM net worth. Not even close. I have a $700k net worth and I'm looking to buy a $500k apartment in an expensive city in northern Europe. I'll pay $200k up front and get a

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Nice I have the M4, great cars

v6 muscle car

Christopher M, get off Jow Forums and get some rogaine

M4 seats look really cool, are they comfy?

damn nice color

Is that a Lada?

zoom zoom

lada niva probably

All these BM fags blowing money on cars while they live in an apartment.

hire people to tell them what to do with their money

Yes very comfy, world of difference between the base 4 series

Lol wrong person bud

2002 Hyundai Getz

is that why you replied?

What is enjoyable about throwing large amounts of money away on a motor vehicle? Comfort barely goes up at all with price, the packed in features are fucking pointless, all you are paying for is a worthless fucking image, it is literally fucking retarded.

>drive car every day
>spend significant amount of time in this thing
>want it to not be a shit box
what's so hard to understand?

Does my 1989 240 count?

where do you go everyday?