Mercedes C300/BMW 3 series?

Mitel
Anonyms1

Go to company page Mitel

Anonyms1
Sep 8, 2018 19 Comments

I already have a Honda SUV I bought couple of years ago. My previous work was a mile away and I never drove a lot.

I recently switched jobs and my work is 30 miles one way and I was looking to buy a better car for commute. Should I buy it or save for the house down payment?

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 TOP 19 Comments
  • Amazon / Eng
    FakeSmiles

    Go to company page Amazon Eng

     FakeSmiles
    The smart decision is to minimize any depreciating assets (cars, luxury goods, etc) and invest in appreciating assets (houses, land, etc)

    However, we are all going to die anyway so if you REALLY want a new car then get it. No point in investing if youโ€™re unhappy the whole time.

    I drive a used Toyota Camry and my net worth is around 6 million. I LOVE cars (I go to car meets and can work on them too; also watch Doug DeMuro lol) but I decided to focus on expanding wealth. Then I can drop cash on an AMG GT or a McLaren 720s
    Sep 8, 2018 7
    • Amazon / Eng
      FakeSmiles

      Go to company page Amazon Eng

       FakeSmiles
      @Lmjt68 Yes a side gig is necessary. You never went to rely on one source of income. Wealthy people didnโ€™t become that way from their jobs.

      Also itโ€™s nice to know that if you hate your job; you can quit anytime and youโ€™ll have money coming in from other means.

      @Dr. Savage: Renting out the whole house will get you bigger profits but then you have to think about your housing situation. I actually started with trailers (thru are cheap and rent easily) then marked up rent and let people stay in them. From that I bought a small townhome and lived in it while renting out the other rooms at a premium. Again I reinvested in trailer homes and grew from there.
      Sep 9, 2018
    • What a douchebag, I hope after he buys mclaren, I will post I bought a merc and my net worth is 60 million because I prefer to expand my wealth rather than using it on a depreciating car value!
      Sep 11, 2018
  • Amazon / PR
    jefe_bezos

    Go to company page Amazon PR

     jefe_bezos
    Entry level luxury brands... For those who can't afford the real ones but still want the badge to show they're successful.

    If you're going to be stupid, at least buy used with CPO.
    Sep 8, 2018 1
    • RingCentral / Eng
      duck bezos

      Go to company page RingCentral Eng

      PRE
      ShoreTel
       duck bezos
      Is it really to show off? Well I dont agree, its for my own comfort. Have you not bought anything for your own comfort? It would be stupid if somebody says no to the question.
      Sep 8, 2018
  • If you value excellent handling, go for the 3 series. If you value luxurious interiors, go for the c300.
    Sep 8, 2018 0
  • Tesla / Eng
    embedder

    Go to company page Tesla Eng

    BIO
    Interested in all things embedded systems
     embedder
    ๐Ÿก โฌ‡๏ธ๐Ÿ’ฐ
    Sep 8, 2018 0
  • So you are saying you aren't mature enough to make that call?

    And asking people for advise without providing any data (TC, net worth etc) whatsoever?
    Sep 8, 2018 2